Taiwan Region Leader Lai Ching-te Grapples with DPP Election Losses & Economic Slump
Lai Ching-te’s DPP faces election defeats, a failed recall vote and four months of manufacturing PMI contraction, fueling public frustration on the island.
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U.S. Government Shutdown Halts Services, Frustrating Citizens
The U.S. government shutdown marks the first in nearly seven years, leaving hundreds of thousands unpaid and suspending public services as economic data is delayed.
August Snapshot: China’s Economy Holds Steady with 3.4% Retail Growth
In August, China’s economy stayed stable with retail sales up 3.4% and industrial output up 5.2% year-on-year, according to National Bureau of Statistics data.
Debunking the Export Shock: How the Chinese Mainland Fuels ASEAN Growth
Despite headlines warning of an “export shock”, trade data shows that the Chinese mainland’s exports are boosting Southeast Asia’s manufacturing, infrastructure, and jobs.
China’s August Manufacturing PMI Slightly Declines Amid Weather Challenges
China’s Manufacturing PMI dropped slightly to 49.1 in August due to weather disruptions and seasonal shifts, indicating a minor contraction in the sector. However, high-tech and equipment manufacturing saw growth.
Chinese Mainland’s SCIO Briefs Media on Investment and Fiscal Policies
Chinese mainland’s State Council Information Office held a press conference to discuss the latest investment trends, fiscal data, and upcoming economic policies.