Global Economic Trends and Local Insights Manufacturing activity in the US gained momentum in March, but the outlook is clouded by rising inflationary pressures, driven by geopolitical tensions and ongoing tariff-related costs. In China, industrial and manufacturing output growth strengthened, and it experienced the fastest expansion in foreign trade for several years. Meanwhile, the Organisation […]

Global Economic Trends and Local Insights US economic growth softened more than expected in the fourth quarter, although both consumer and business spending showed resilience. In China, consumer inflation posted its strongest rise in more than three years in February, supported by extended holiday‑related spending and a slowdown in factory‑gate deflation. In addition, Beijing lowered […]

Global Economic Trends and Local Insights Business activity in the US was stable in January, as increased demand for new orders was counterbalanced by a weaker labour market and persistent concerns about rising costs tied to import tariffs. At its January meeting, the US Federal Reserve (US Fed) left interest rates unchanged, noting that policy […]

Global Economic Trends and Local Insights The US economy grew at a much faster pace in Q3 2025 compared to Q2. In December, Chinese authorities pledged to maintain a “proactive” fiscal stance and adopt flexible monetary policies, such as lowering banks’ reserve requirements and interest rates to bolster growth in 2026. The People’s Bank of […]