China’s Ministry of Commerce announced on Friday that realized foreign direct investment in China shrank by 4% year-on-year to 766.71 billion yuan in the first seven months of the year, according to Reuters.
In 2022, foreign direct investment in China increased by 6.3% from the previous year.
Despite this, the Chinese economy in 2022 recorded the lowest annual growth in about 50 years due to the outbreak of the corona epidemic and the real estate crisis witnessed by the country by 3 %.
Indonesia's government is taking decisive steps to address both economic and industrial challenges as it prepares for the fiscal year 2025. Trade Minister Zulkifli Hasan announced a comprehensive...
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The Philippines' inflation rate paused its four-month upward trend in June, reinforcing expectations that the central bank might ease its monetary policy as early as August. According to...
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Singapore is taking decisive steps to enhance its ability to combat money laundering. The Ministry of Home Affairs has introduced the Anti-Money Laundering and Other Matters Bill to...
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South Korea's consumer inflation slowed more than anticipated in June, reaching an 11-month low as supply-side pressures diminished. The consumer price index (CPI) increased by 2.4% year-on-year, down...
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Pakistan’s Finance Minister Muhammad Aurangzeb expressed strong confidence on Sunday that the country will secure a new funding program from the International Monetary Fund (IMF). This optimism follows...
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