A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”
Tag: China
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Country Garden, Chinese Real Estate Giant, to Miss Debt Payments
The property giant was unable to repay a loan and signaled it would default on its debt, becoming one of the biggest casualties of China’s deepening property crisis.
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Xi-Schumer Meeting Raises Hopes of Smoother U.S.-China Relations
Mr. Xi said there were “1,000 reasons” to make the relationship work. Earlier, the Senate majority leader had criticized Beijing for its response to the attack by Hamas in Israel.
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Chinese Women Who Defy ‘Beauty Duty’ With Buzz-Cuts and Bare Faces
Some in China are rejecting high heels, makeup, diets and other norms centered on appearance that they see as costly and unfair to women.
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Africa Needs Its Debts Paused So It Can Prepare for Climate Catastrophe
Instead of receiving funds to address the climate crisis, Africa is borrowing money at a cost up to eight times higher than the rich world to rebuild.