China confronts the cost of dismantling the world’s biggest coal sector
Coal has been closely tied to the Communist Party’s history and to its efforts to transform China’s economy over the past decades.
Will the ECB and fed follow where China leads?
Every month, policymakers track purchasing managers’ indices (PMI) around the world as they consider fiscal and monetary actions. To us, a PMI is a measure of health of companies around the world, because it includes output, new orders, employment and...
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