The World This Week: 13th March
Consumer and Business Behaviour
China to continue subsidising electric vehicles as the post Covid-19 recovery begins
After coming to a grinding halt in February this year, the Chinese economy is open again and gradually returning to normality. The first sign of this is that the air is hazy once again, which […]
Basic Economic Concepts
World’s major economies to release oil reserves to lower soaring oil prices
In an attempt to lower the price of oil the US is leading an international effort of other major economies to release oil reserves. The price of crude oil reached a 7-year high of $81.93 […]
Consumer and Business Behaviour
American Brands are Feeling the Squeeze as Sales Drop in China
U.S. consumer giants are finding China a challenging market as slowing consumer spending and strong local competition impact sales. Tech titan Apple, coffee chain Starbucks, and sportswear giant Nike have all reported sales dips in […]