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BEIJING (AFP) – China’s exports rose unexpectedly in July despite weakening global demand but imports remained low as lingering Covid controls kept consumers jittery, official data showed yesterday. In July, exports rose 18 per cent on-year, up from 17.9 per cent the month before, according to customs data. This was well above the 14.6-per-cent growth […] ....
Danial Norjidi The Asia-Pacific Economic Cooperation (APEC) region is expected to significantly moderate in the near term, with gross domestic product (GDP) growth slowing to 2.5-per-cent in 2022 and 2.6-per-cent in 2023 following a 5.9-per-cent rebound in 2021, according to a new report from the APEC Policy Support Unit (PSU). The GDP projections are among […] ....