ECONOMIC AFFAIRSAsia News Network

Tensions won’t rattle China’s macroeconomic scene: Experts

Geopolitical tensions sparked concerns that tighter oil and food supply could further inflame already elevated global inflation.

The number of high-risk banks is expected to decline to less than 200 at the end of the 14th Five-Year Plan period (2021-2025).

Indonesia cannot insulate itself from the worldwide inflationary trend because the current inflation is a global phenomenon.

Economic experts said the country has seen positive signs of economic recovery; with this year’s economic growth forecast at 7.9%.

According to a senior economist, 2022 will likely see a new supply shock that would jack up domestic prices.

Authorities reported 80-90% of tourism companies closed down or been running at limited capacity for two years, forcing many to leave.

He said 4.5 million families would benefit from the initiative to help set up small businesses, construct homes and acquire technical education.

Blockchain technology is essentially a digital ledger of transactions that is duplicated and distributed across a network of computers.

The official purchasing managers index for China's manufacturing sector has stayed in the expansion territory for 4 months in a row.

Food producers have welcomed the news and are keen to regain a slice of the Taiwan market and expand their sales channels.