South China Morning Post - Global Economy

China’s central bank chief has said exchange-rate adjustments alone cannot resolve global economic imbalances, calling on surplus and deficit economies to share responsibility for addressing them. Speaking at the third G20 finance ministers and central bank governors’ meeting in Bangkok on Thursday, Pan Gongsheng, governor of the People’s Bank of China (PBOC), called for a “more...

Indonesian officials, beset by poverty issues and eyeing the rise of rural economies in China, are turning to Beijing for help that may include stoking the exports of a potentially lucrative durian crop. Indonesian Transmigration Minister Muhammad Iftitah Sulaiman Suryanagara began a seven-day visit to China on Monday, with Indonesia’s state-owned Antara news agency saying consu...

Talk of global decoupling from China has persisted for years, as has speculation that emerging economies such as India and Vietnam could soon replace it as the “world’s factory”. But for Indian hardware engineer Neeraj Arora, the growth of India’s electronics manufacturing industry has not eliminated the need to source components from China. Instead, it has changed the nature of...

Canada and Singapore are among the countries that remain committed to strengthening trade ties with China, despite growing global fragmentation and a push by governments towards greater self-sufficiency, officials from both countries said on Wednesday at an economic forum in New Delhi. Canada’s minister of international trade Maninder Sidhu said China was the country’s second-la...

For a truly staggering figure, look no further than an estimate from Columbia Business School Professor Stijn Van Nieuwerburgh of the cumulative investment in artificial intelligence-related infrastructure by 2032. In a paper last month, Van Nieuwerburgh said the AI buildout could reach US$10.3 trillion, the equivalent of 3.6 per cent of annual US economic output for the next se...