In The News

James Liang December 8, 2019
China’s fertility rate has barely budged even though the government has loosened its policy limiting families to one child. Population is linked to economic growth yet uncertainty combined with a rising living standard and cultural acceptance of small families contribute to the trends. China’s fertility rate is 1.8 children per women, below the 2.1 replacement rate. The nation posted 17 million...
Peter Hannam, Michaela Whitbourn and Rachel Clun December 7, 2019
Three bushfires have combined into a megafire in Australia’ New South Wales of Australia. “The 'unparalled' fire season in NSW is being to strain resources, with potentially months to run,” reports a team for the Sydney Morning Herald. “About 40 of 90 bushfires across the state were yet to be contained and conditions were expected to worsen around Tuesday, with officials urging...
December 4, 2019
Governments with heavy debt loads are hooked on stimulus and low interest rates. Japan, the world’s third largest national economy, has national debt worth more than 230 percent of its GDP. The Japan Times reports that government officials could add more debt by finalizing plans for a ¥13 trillion stimulus package. The government hopes to take advantage of negative interest rates from the country...
Se Young Lee and David Brunnstrom December 4, 2019
China warns that a US bill calling for an end to detentions of Uighur Muslims in Xinjiang could disrupt bilateral cooperation including trade talks. China is already sore about US passage of the Hong Kong Human Rights and Democracy Act. The US House of Representatives overwhelmingly approved the Uighur Human Rights Act that includes sanctions for one politburo member. Businesses and investors are...
Georgi Kantchev December 3, 2019
A new 1800-mile pipeline called the Power of Siberia has begun delivering Russian natural gas to China, a crucial link between the two countries. Russian President Vladimir Putin and his Chinese counterpart Xi Jinping presided over the launch via video. The project is a tangible symbol of the Beijing-Moscow economic and trade partnership in economics as well as mutual political support for...
Leo Lewis and Don Weinland December 2, 2019
Given ongoing protests in Hong Kong, Tokyo and Singapore are trying to persuade the financial center's hedge fund managers to relocate. Smaller in terms of employee numbers than international banks, hedge funds have greater mobility. The Tokyo government sent a delegation to Hong Kong and organized a series of meetings for fund executives, report Leo Lewis and Don Weinland for the Financial...
Kelly McCarthy November 27, 2019
Koalas are an iconic symbol of Australia. Bushfires and droughts are decimating their numbers and the eucalyptus groves from which they feed. “The chairman of the Australian Koala Foundation estimated that more than 1,000 koalas have been killed and nearly 80% of their habitat has been destroyed by the record-breaking fires and drought,” reports Kelly McCarthy for Good Morning America. A video of...