global economy – Charm

World-Leading Economists and Thought Leaders Converge at Hong Kong’s Landmark Forum to Decode China’s Economic Future in a Multipolar World

1 month ago014 mins

Hong Kong, China–(Newsfile Corp. – December 11, 2025) – The highly anticipated International Forum on China’s Economy and Policy 2025, held by the Chief Executive’s Policy Unit (CEPU) of the Hong Kong Special Administrative Region (HKSAR) Government, successfully concluded in mid-November. Themed “Economic Transformations in a Multipolar World”, the Forum delivered a full day of…

Ex–Stellantis CEO says Tesla may exit the car industry and may not exist in 10 years

Cs news3 months ago3 months ago05 mins

Car executives once saw Tesla as their industry’s biggest disrupter. But now, at least one former automotive CEO says the company may pull out of the car business, and could even cease to exist within 10 years. Carlos Tavares, who resigned from the top job at Jeep manufacturer Stellantis late last year, said Elon Musk’s…

China, India curb Russian oil purchases after Trump sanctions Rosneft, Lukoil

Cs news3 months ago08 mins

China and India are pulling back from buying Russian oil after President Trump sanctioned two of Moscow’s biggest exporters Wednesday. Reuters reported Thursday that Chinese state-run petroleum firms PetroChina, Sinopec, CNOOC and Zhenhua Oil had suspended purchases of seaborne Russian oil after the Treasury Department announced sanctions on Rosneft and Lukoil, citing Moscow’s “lack of serious commitment…

Stocks Risk ‘Disorderly Corrections,’ Sparking Wider Economic Chaos: IMF

Cs news3 months ago3 months ago04 mins

The IMF is warning that elevated stock valuations are putting both financial markets and the global economy at risk of some turbulence. “Valuation models indicate that risk asset prices are well above fundamentals, increasing the probability of disorderly corrections when adverse shocks occur,” the organization said in its Global Financial Stability Report published this month….

IMF chief hopes for easing of US, China tensions to avoid hit to global economy

Cs news3 months ago07 mins

International Monetary Fund chief Kristalina Georgieva on Friday said she hoped the U.S. and China could ease trade tensions and avoid a cutoff in the flow of rare earths to the global economy that she said would have a “material impact” on growth. Such a scenario would exacerbate uncertainty and hurt an already weakened global…

Germany’s Merz warns Europe risks becoming economic pawn of US, China – POLITICO

Cs news3 months ago3 months ago03 mins

Merz has been under rising political pressure at home to do more to address Germany’s economic malaise. Following two straight years of economic contraction, economists expect little if any growth this year, in part due to U.S. President Donald Trump’s tariff policies, which hit Berlin’s export-oriented economy particularly hard. German business leaders are now urging…

JPMorgan’s Jamie Dimon is ‘far more worried’ about potential stock market fall than most of Wall Street

Cs news3 months ago3 months ago05 mins

JPMorgan CEO Jamie Dimon is warning that the chances of a US stock market fall are far greater than many Wall Streeters believe. The head of America’s largest bank says he is “far more worried than others” about a stock market correction — widely defined as a drop of at least 10% — predicting that…

China News

‘Trump effect’ sees tourists ditching US holidays while China holidays surge

Cs news4 months ago08 mins

At its 25th Global Summit in Rome today, the World Travel and Tourism Council (WTTC) launched its latest report showing how much the US is losing out on as tourists decide to stay away It’s estimated that the US will lose out on US tourists(Image: Getty Images) Donald Trump has helped shave £10billion off the…

Ray Dalio warns ‘we’re heading into very, very dark times’ and says the solution comes from a Chines

Cs news4 months ago4 months ago09 mins

Legendary billionaire investor Ray Dalio has issued a stark warning about the future of the United States and the United Kingdom, stating he is not optimistic about either nation’s trajectory and believes “we’re heading into very, very dark times.” Drawing on his own proprietary study of 500 years of history, the founder of the world’s…

Why America’s protectionist gambit only tightens China’s grip on global manufacturing

Cs news4 months ago08 mins

Tariffs haunt the global economy once more. Washington under Donald Trump, driven by a potent mix of economic anxiety and political nostalgia, slapped high duties on imports from virtually every country, dreaming of smokestacks rising again across the Rust Belt. It was all about making America great again – MAGA. Many saw it as a…