Xi Jinping wants to insulate China from perceived threats from the West. He also wants to promote the country as deserving of foreign investment and clout. Can he do both?
Tag: Economic Conditions and Trends
-
Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years
The central bank lifted its benchmark rate a quarter point, to 4.5 percent, as part of its aggressive policy to tame inflation, which has remained stubbornly high.
-
Turkey’s Election: What You Need to Know
With the economy in crisis, the vote on Sunday is shaping up to be one of President Recep Tayyip Erdogan’s toughest fights to hold onto power in his 20 years as the country’s premier politician.
-
Why China Doesn’t Have a Property Tax
Local governments are sinking further into debt, but after years of talk, officials have yet to introduce a real estate tax.
-
The Elusive Fix for China’s Budget Crisis
Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.