economic slowdown
China's Manufacturing Expansion Slows in October Amid Rising Trade Uncertainties
Nov 03, 2025 04:23 pm CST
China's manufacturing sector showed weaker-than-expected growth in October, with the RatingDog PMI dropping to 50.6 from 51.2 in September. Export orders declined at the fastest rate since May, reflecting increased trade tensions before the recent US-China agreement. Despite the slowdown, employment creation reached its highest pace in over two years, offering some positive economic indicators amid growing concerns about China's economic momentum.
Global Companies Accelerate Job Cuts as AI Investments Drive Corporate Restructuring
Oct 29, 2025 07:31 pm CST
Major corporations worldwide are implementing significant workforce reductions as they seek returns on massive AI investments. Companies like Amazon, Nestle, and Target are focusing on white-collar positions vulnerable to automation, with over 45,000 jobs announced to be cut in October alone. While current data doesn't show a surge in layoffs, economists describe the labor market as stuck in a concerning "low-hiring, low-firing" phase that could potentially deteriorate further.
China's Economic Growth Declines to 4.8% Amid US-China Trade Tensions and Domestic Consumption Challenges
Oct 20, 2025 01:44 pm CST
China's economic growth has fallen to 4.8% in Q3 2025, the lowest rate in a year, as the country faces heightened trade tensions with the US and persistent domestic consumer weakness. This economic slowdown comes as Chinese officials prepare for critical trade talks with US representatives and a key Communist Party meeting focusing on the next five-year economic development plan, with Beijing increasingly pressured to shift from export dependency toward domestic consumption-driven growth.
Trump, Xi Speak On Call Over Agreement To Keep TikTok Online In US
Sep 19, 2025 09:25 pm CST
Presidents Donald Trump and Xi Jinping spoke by phone on Friday, Chinese state media reported, as they seek an agreement to help keep the video app TikTok online in the US and ease tensions between two superpowers locked in a standoff over trade.