The Latest Breaking News from Economic Growth

China's Population Shrinks for 1st Time in Over 60 Years

China's population shrank last year for the first time in more than six decades, official data showed Tuesday, as the world's most populous country faces a looming demographic crisis. The nation of 1.4 billion has seen birth rates plunge to record lows as its workforce ages, in a rapid decline…

Asharq Al-Awsat · Jan 17, 2023

China’s economy grew 3% last year, not even half 2021's rate

China’s economic growth fell to 3% last year under pressure from antivirus controls and a real estate slump but is gradually reviving after restrictions that kept millions of people at home were lifted

The Independent UK · Jan 17, 2023

Study Envisages Connection between Innovation, Financing, Trade with Global Economy

Saudi researcher Dr. Raja Almarzoqi underscored the connection between innovation, international commerce movement, financing and economic growth that has become an enabler of global economy that crosses borders. He called for the adoption of government policies and legislations that would benefit further from the relationship between research, development of innovation…

Asharq Al-Awsat · Jan 16, 2023

World Bank forecasts India's FY23 GDP at 6.9%; warns of global recession

NEW DELHI: The World Bank on Tuesday retained India's economic growth at 6.9% for financial year 2022-23.

The Times of India · Jan 10, 2023

Oil Slips on Concerns Higher Interest Rates to Crimp Demand

Oil edged lower on Tuesday on expectations that further interest rate hikes in the United States, the world's biggest oil user, will slow economic growth and limit fuel demand. Brent futures for March delivery fell 43 cents to $79.22 a barrel, a 0.5% drop, by 0522 GMT.

Asharq Al-Awsat · Jan 10, 2023

Thailand Welcomes Tourism, Economic Progress, Looks Ahead to 2023 Elections

Experts say the elections could promote further economic growth and create stability for the kingdom.

The News Lens · Jan 7, 2023

India’s economic growth to slow to 7%, government forecasts

India remains a relative ‘bright spot’ in the world economy, but weak exports are expected to hamper its growth.

Al Jazeera · Jan 6, 2023

Commentary: Recovering from Big Tech’s lost decade

For 65 years, the United States has counted on its digital tech industry to create amazing products and drive economic growth. For most of that time, the industry has exceeded expectations. Over the past decade, however, the tech industry has lost its way, with a culture, products and business models…

Los Angeles Times · Jan 5, 2023

China to open border with Hong Kong on Jan 8

China's government said on Thursday that its border with special administrative region Hong Kong would reopen on Jan. 8, the first time in three years, as Beijing accelerates the unwinding of stringent COVID rules that have battered economic growth.

Reuters · Jan 5, 2023

Governor Beshear offers praise for natural disaster response and cites economic growth; Legislative

Governor Andy Beshear delivered his State of the Commonwealth Address Wednesday night. In the speech, Beshear praised Kentucky’s economic growth over the past year while recovering from two major natural disasters.

WEKU · Jan 5, 2023