Economy

HONG KONG — Shares of Chinese property developers rallied on Thursday after a report that China was considering a plan for local governments across the country to buy millions of unsold homes from distressed companies to ease a protracted…
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WASHINGTON — In a bid to revive domestic manufacturing, President Joe Biden announced Tuesday that he is imposing a drastic tariff increase on Chinese electric vehicles and new levies on computer chips, solar cells and lithium-ion…
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HONG KONG — Eight Chinese cities have joined a program allowing their residents to travel to Hong Kong on their own, rather than as part of a tour group, as part of efforts to boost Hong Kong's economy. Hong Kong is battling to revive its…
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Taipei, Taiwan — Chinese President Xi Jinping concluded his high-profile European tour Friday after signing dozens of agreements with France, Hungary and Serbia, while reiterating Beijing’s desire to enhance “mutually beneficial…
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WASHINGTON AND SAN FRANCISCO — U.S. President Joe Biden is set to announce new tariffs on China as soon as next week, targeting strategic sectors, including electric vehicles, according to two people familiar with the matter. The full…
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The U.S. economy is one of the biggest issues for voters in the 2024 presidential contest between Joe Biden and Donald Trump. Biden campaigned this week on new tech investments. Trump says he will roll back Biden infrastructure spending and…
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DETROIT — Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn't fix gasoline leaks that can cause engine fires. The U.S. National Highway Traffic Safety Administration is demanding…
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MELBOURNE, Australia — Air Vanuatu filed for bankruptcy protection on Friday a day after the South Pacific state-owned carrier cancelled all international flights, stranding thousands of travelers. The airline on Wednesday canceled more…
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Beijing — Two of China's wealthiest cities said Thursday they would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market. Many Chinese cities…
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Nairobi, Kenya — Digital experts called on African countries Tuesday for laws to protect the data of individuals and businesses, saying that a single digital market in which data can safely flow across borders would help overcome barriers…
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