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NOTHING IS PERMANENT EXCEPT CHANGE

  • American lawmakers are currently debating a bill that would create a new U.S. development finance agency with a $60 billion war chest.
  • Supporters say the new entity would be a transparent alternative to China's Belt and Road infrastructure program.
  • If approved by the Senate, the institution would be the latest component of Washington's Indo-Pacific strategy.

OTHER NEWS

Asian countries’ exports are potentially vulnerable to the U.S.-China trade war on two fronts: changes to global supply chains and slowing Chinese domestic demand. The importance of China’s direct demand for goods has grown significantly, according to Oxford Economics. A key question for Asia is how much China’s efforts to shore up its economy will […]

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Property investment is accelerating in China, which will boost economic growth but restrain the country’s long-term potential

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