China is well placed to cope with higher energy costs, but any blow to exports would dent growth
A Sinopec gas station in Shanghai, China, on Tuesday, March 10, 2026. China purchased more crude in the first two months of the year as the country continued to hoard oil to guard against supply disruptions. Photographer: Qilai Shen/Bloomberg
Policy makers shifted from their weight-and-watch stance to action mode as oil shot above $100 a barrel.
The Perseus Star crude oil tanker departs the Port of Corpus Christi in Corpus Christi, Texas, US, on Saturday, Feb. 28, 2026. President Donald Trump's decision to strike Iran creates new risks for a significant chunk of the world's oil supply. Photographer: Eddie Seal/Bloomberg
Bloomberg Economics sees consumption rising to make up 46% of GDP by 2030
Xi Jinping, China's president, center, applauds during the closing of the Third Session of the 14th National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, on Tuesday, March 11, 2025. The seven-day National People's Congress gathering, which concludes today in Beijing, came on the heels of a breakthrough in artificial intelligence by China’s home-grown startup DeepSeek that's fired up investors, politicians and even regulators. Photographer: Qilai Shen/Bloomberg
For the past year, economists have modeled the impact of US President Donald Trump’s trade wars. Now, it’s a real war they’re assessing.
TEHRAN, IRAN - MARCH 1: A person watches as plumes of smoke rise over the skyline following explosions on March 1, 2026 in Tehran, Iran. Iran's Supreme Leader, Ayatollah Ali Khamenei, was confirmed killed after the United States and Israel launched a joint attack on Iran on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Majid Saeedi/Getty Images)
For the past year, economists have modeled the impact of US President Donald Trump’s trade wars. Now, it’s a real war they’re assessing.
TEHRAN, IRAN - MARCH 1: A person watches as plumes of smoke rise over the skyline following explosions on March 1, 2026 in Tehran, Iran. Iran's Supreme Leader, Ayatollah Ali Khamenei, was confirmed killed after the United States and Israel launched a joint attack on Iran on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Majid Saeedi/Getty Images)
The Supreme Court’s nixing of US President Donald Trump’s “reciprocal” tariffs is throwing fresh confusion over the raft of trade deals negotiated by global partners as the inescapable reality of ongoing levies remains a threat.
US President Donald Trump, Howard Lutnick, US commerce secretary, right, and John Sauer, on Feb. 20. Photographer: Bonnie Cash/UPI
President Xi will host a US counterpart next month who has been suddenly denied his favored means of leverage.
BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Trump is meeting Xi for the first time since taking office for his second term, following months of growing tension between both countries. (Photo by Andrew Harnik/Getty Images) Photographer: Andrew Harnik/Getty Images AsiaPac
President Xi will host a US counterpart next month who has been suddenly denied his favored means of leverage.
BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Trump is meeting Xi for the first time since taking office for his second term, following months of growing tension between both countries. (Photo by Andrew Harnik/Getty Images) Photographer: Andrew Harnik/Getty Images AsiaPac
In a swift reversal of fortunes, countries that had been hardest hit by US President Donald Trump’s tariffs have emerged as the biggest winners from the Supreme Court’s decision to strike down his emergency levies.
In a swift reversal of fortunes, countries that had been hardest hit by US President Donald Trump’s tariffs have emerged as the biggest winners from the Supreme Court’s decision to strike down his emergency levies.
In a swift reversal of fortunes, countries that had been hardest hit by US President Donald Trump’s tariffs have emerged as the biggest winners from the Supreme Court’s decision to strike down his emergency levies.
The Fund says China’s growth model needs to shift toward domestic demand in familiar call
Pedestrians cross a road in the Nanjing Road shopping area during the Golden Week holiday in Shanghai, China, on Thursday, Oct. 2, 2025. China's eight-day Golden Week holiday, alongside recent stimulus measures for service industries, is expected to spur spending and potentially revive sentiment for consumer stocks. Photographer: Qilai Shen/Bloomberg
Concerns over the fiscal trajectory are weakening the yen, thereby driving up import prices and exacerbating price pressures.
The rate of the yen against the US dollar displayed outside a securities firm in Tokyo, Japan, on Monday, Feb. 9, 2026. The yen was a touch weaker Monday as Japan’s Prime Minister Sanae Takaichi secured a historic election triumph, while Asian stocks looked set to open the week higher after Wall Street’s Friday rally. Photographer: Kiyoshi Ota/Bloomberg
In Indonesia, the Philippines and Thailand, confidence in the economy is giving way to growing angst as politics gets in the way.
The sun sets beyond buildings in Bangkok, Thailand, on Tuesday, Feb. 3, 2026. Some of the world’s biggest money managers say this weekend’s general election is prompting them to keep exposure limited, as the outcome will only compound existing challenges like elevated household debt and weak growth. Photographer: Valeria Mongelli/Bloomberg
In another sign of the splintering global policy outlook, Australia has just delivered the first interest-rate hike among major central banks for the year.
Michele Bullock, governor of the Reserve Bank of Australia (RBA), during a luncheon organized by the Anika Foundation in Sydney, Australia, on Thursday, July 24, 2025. The Australian central bank’s interest rate-setting board judges that a “measured and gradual” approach to policy easing is appropriate, Bullock said, adding that labor demand remains strong while core inflation is easing gradually. Photograph: Lisa Maree Williams/Bloomberg
New research from Bloomberg Economics quantifies how often the US president follows through on his trade threats.
US President Donald Trump displays a signed executive order during a tariff announcement in the Rose Garden of the White House in Washington, DC, US, on Wednesday, April 2, 2025. Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. Photographer: Jim Lo Scalzo/EPA/Bloomberg
Global interest-rate divergence is in store amid the fog of Trump’s second year at the White House
Birds fly past the Marriner S. Eccles Federal Reserve Board building in Washington, D.C., U.S., on Tuesday, Nov. 30, 2010. The Federal Reserve, under orders from Congress, plans today to identify recipients of $3.3 trillion in emergency aid the central bank provided as it fought the worst financial crisis since the Great Depression. Photographer: Joshua Roberts/Bloomberg
The US economy this year will get a boost from tax cuts, real wage gains and rising wealth, while inflation will moderate, according to economists at Goldman Sachs Group Inc.
The Bank of Japan is widely expected to raise its key rate on Friday. The path ahead gets murkier.
Kazuo Ueda, governor of the Bank of Japan (BOJ), during a news conference at the central bank's headquarters in Tokyo, Japan, on Thursday, Oct. 30, 2025. The Bank of Japan kept its benchmark rate unchanged, sending the yen lower in the bank’s first policy decision since Sanae Takaichi, an advocate of monetary easing, became prime minister last week. Photographer: Kiyoshi Ota/Bloomberg
Economists say more stimulus will be needed in 2026 to revive consumption
Construction cranes at a large residential complex development site in Shanghai, China, on Saturday, July 12, 2025. China’s economy likely expanded just above the government’s full-year growth target in the second quarter, easing pressure on Beijing to roll out additional stimulus in the near term. Photographer: Qilai Shen/Bloomberg
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