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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

Renminbi Series

Renminbi Series: Next phase in China crisis about to begin

Nov 30, 2016 08:42 am UTC| Commentary Economy

The biggest threat to theglobal economy is China, thesituation where could worsen with the return of inflation in the United States and other parts of the world. According to Morgan Stanley, the debt level in China rose to...

Worrisome Signs Series

China Crisis Series

Worrisome Signs Series: China’s trade balance

Nov 08, 2016 10:51 am UTC| Commentary Economy

Today, Chinese trade balance data got published and it was a relatively weak one. Weak enough to spark concerns with regard to not just the Chinese economy but global economy as well. Chinese trade balance came at...

China Crisis Series

China at risk of losing AA-status on uncontrolled credit growth, warns S&P

Oct 20, 2016 13:37 pm UTC| Commentary

US-based ratings agency, SP Global Ratings in a report released last week warned that China is at a risk of losing its AA-status if it doesnt rein in its debt-fueled economic growth. SPs has slashed Chinas outlook to...

China Crisis Series

IMF warns on dangerous pace of credit growth in China

Oct 05, 2016 15:34 pm UTC| Commentary

In an update to its World Economic Outlook on Tuesday, the International Monetary Fund warned that Chinas dependence on debt is growing at a dangerous pace and called for authorities to act to head off a brewing crisis in...

China Crisis Series

China external debt posts first quarterly rise since Q2 2015, indicates easing capital outflows

Sep 28, 2016 07:00 am UTC| Commentary Economy

Chinas external debt posted the first quarterly rise during the second quarter of this year, since the same period a year ago, suggesting that the Chinese corporates have gone through the most painful period of external...

China Crisis Series

Chart of the Day: China's shifting bubble

Aug 03, 2016 14:53 pm UTC| Commentary Economy

This nice chart from Tom Orlik, chief Asia economist, Bloomberg shows how the great ball of money is moving through Chinese assets. At first there was housing boom that shifted to stock, from there to bonds, then to...

China Crisis Series

China’s industrial profits rise in June on support from government spending

Jul 27, 2016 05:21 am UTC| Commentary

Industrial profits in China rose at the fastest pace during the month of June, buoyed by strong support from government spending in the corporate sector though uneven growth and soft investment pose risks in the near...

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Economy

MOEX Russia Index Hits 3-Month High as Energy Stocks Lead Gains

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat but reaching a new three-month high. Despite ending the session unchanged at 0.00%, investor sentiment remained supported by strong...

Germany and China Reaffirm Open Trade and Strategic Partnership in Landmark Beijing Visit

German Chancellor Friedrich Merz concluded a pivotal visit to Beijing this week, signaling Germanys continued commitment to open markets and strong economic ties with China. As the first foreign leader to visit China in...

U.S. Stocks Close Lower as Hot PPI Data, Nvidia Slide Weigh on Wall Street

U.S. stocks ended lower on Friday, capping the worst monthly performance for Wall Street since March last year, as hotter-than-expected producer inflation data and continued weakness in technology stocks pressured investor...

Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand

Gold prices surged on Friday, positioning the precious metal for strong February gains as investors sought safe-haven assets amid rising geopolitical tensions and economic uncertainty. Spot gold climbed 1.5% to $5,261.81...

Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors

The Dominican Republic has announced the discovery of significant rare earth deposits that could position the Caribbean nation as a key future supplier of critical minerals for high-tech industries. President Luis Abinader...

Politics

Russia Signals Openness to U.S. Security Guarantees for Ukraine at Geneva Peace Talks

Russia has indicated it would accept a U.S.-backed proposal for Ukraines post-war security guarantees during recent peace talks in Geneva, according to a senior aide to Ukrainian President Volodymyr Zelenskiy. The...

Trump Launches Operation Epic Fury: U.S. Strikes on Iran Mark High-Risk Shift in Middle East

President Donald Trump authorized a sweeping U.S. military operation against Iran after receiving intelligence briefings that warned of potential American casualties while highlighting a possible geopolitical shift in...

U.S.-Israel Strike on Iran Escalates Middle East Conflict, Trump Claims Khamenei Killed

The United States and Israel have launched coordinated military strikes on Iran, dramatically escalating tensions in the Middle East. U.S. President Donald Trump stated on Truth Social that Irans Supreme Leader, Ayatollah...

Netanyahu Suggests Iran’s Supreme Leader Khamenei May Have Been Killed in Israeli-U.S. Strikes

Israeli Prime Minister Benjamin Netanyahu said Saturday that there are many signs indicating Irans Supreme Leader, Ayatollah Ali Khamenei, may have been killed in recent Israeli-U.S. airstrikes on Iran. The statement comes...

Iran Supreme Leader Ayatollah Ali Khamenei Killed in Israeli, U.S. Strikes: Reuters

Irans Supreme Leader Ayatollah Ali Khamenei has reportedly been killed in joint Israeli and U.S. strikes, according to a senior Israeli official who spoke to Reuters on Saturday. The reported death of Khamenei marks a...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute

OpenAI has confirmed that its newly signed contract with the U.S. Department of Defense (DoD) includes expanded safeguards designed to tightly regulate how artificial intelligence is deployed on classified government...

Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology

U.S. President Donald Trump announced Friday that he has directed every federal agency to immediately stop using artificial intelligence technology developed by Anthropic, escalating tensions between the federal government...

Federal Judge Blocks Virginia Social Media Age Verification Law Over First Amendment Concerns

A federal judge has temporarily blocked Virginia from enforcing a new social media law designed to protect children from online addiction, ruling that it likely violates First Amendment rights. The decision marks a...

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...

Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea

Hyundai Motor Group has signed a landmark agreement with the South Korean government to invest approximately 9 trillion won ($6.26 billion) in major industrial and technology projects along the countrys western coast....
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