Chinese net new loans fell by ~50 billion Yuan in July, the first decline in 20 years.

Chinese net new loans fell by ~50 billion Yuan in July:China has reported its first contraction in net new bank loans since 2005, with borrowings shrinking by nearly 50 billion yuan in July. The drop, driven by households and companies repaying debt instead of taking new loans, signals weakening economic momentum. Compared to an expansion …

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World Bank Rings Alarm Bells: 70% of Economies Face Growth Downgrades, Slowest Decade Since the 1960s? Global Economy Stumbles Into 2025

The World Bank has slashed its global GDP growth forecast for 2025 to just 2.3%, marking the weakest expansion in 17 years outside major crises. With nearly 70% of economies facing downgrades and the U.S. outlook also trimmed, the global economy is heading into a prolonged period of sluggish growth not seen since the 1960s. …

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From Dollars to Gold: Bold Move of china to Redefine Global Reserve Strategy

Bold Move of china to Redefine Global Reserve Strategy:China is reshaping its foreign exchange reserve strategy by cutting back on US Treasury holdings and rapidly increasing its gold reserves. This shift highlights a broader global trend toward de-dollarization and a preference for hard assets like gold. From Dollars to Gold: Bold Move of china to …

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