China’s Economic Hurdles: Falling Short of High-Income Status
China faces significant economic challenges as it diverges from the World Bank's high-income country threshold
February 29, 2024Section
Asia
Asia-Pacific is the engine of the global economy and the main arena of US-China competition – the source of the world’s chips, the buyer of its commodities, and the swing factor in every supply chain. The Rio Times covers Asia through an emerging-market investor lens: the markets, currencies, trade policy, critical-materials leverage and the great-power contest that ripples straight into Latin America’s terms of trade. From China and India to Japan, Korea and Southeast Asia, this hub gathers our daily Asia-Pacific coverage and connects it to the wider Global South story.
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Youth in China Turn Time Into Money by Offering Companionship
In Beijing, Yang, a 27-year-old blogger, met her first client in an IKEA store. For 125 yuan ($17) per hour,...
February 26, 2024
Southeast Asia’s Aging Crisis and Economic Implications
Southeast Asia is on the brink of a demographic shift that could upend its economic landscape.
February 22, 2024
South Korea’s Defense Industry Elevates on Global Stage
After the worldwide craze for K-pop and K-drama, South Korea is setting the stage for its next global phenomenon: K-Defense
February 22, 2024
Brazilian Exports to India Decline in 2023; Trade Remains Modest
Brazilian exports to India have experienced a downturn in 2023, with both nations acknowledging the current trade relations as modest
February 21, 2024
Vietnam’s Unprecedented Wealth Surge
Vietnam is on track to experience the world's most significant wealth growth in the next decade, with an anticipated 125%...
February 21, 2024
Japan’s $67 Billion Bid for Chip Leadership
Japan is spending $67 billion to boost its chip-making capacity, aiming to reduce the impact of US-China tensions.
February 21, 2024
China’s Rate Cut Boosts Brazilian Real
On Tuesday, the US dollar experienced a downturn against the Brazilian real, reflecting a broader global trend
February 20, 2024
Australia Announces Historic Naval Expansion
Australia is planning its most significant naval upgrade since World War II, investing an additional $7.2 billion.
February 20, 2024