INT
China will focus policy on shoring up housing demand
The People's Bank of China has made its largest-ever cut in the benchmark mortgage rate
ChinaLong office market downturn to hit bank balance sheets
Fears are rising about the impact of the long commercial real estate downturn on bank health
United StatesSocial media fragmentation raises disinformation risks
The online information environment is fragmenting just as its role in people's lives is increasing
InternationalFDI to China from East Asia will remain weak
Foreign direct investment into China fell last year, led by markedly lower investment from the rest of East Asia
ChinaCement sector decarbonisation will accelerate
Cement has near-term decarbonisation options while, longer-term, low-carbon cement technologies may be disruptive
InternationalStagflation is a risk in the euro-area this year
The European Commission has reduced its forecasts for both GDP growth and inflation this year
EUECB and Fed to delay rate cuts to sustain disinflation
The timing of the US/EU policy pivot to rate cuts is uncertain; rising euro-area expectations and wages raise concern
InternationalProductivity and yen stabilisation are key for Japan
GDP contracted for two quarters in the second half of 2023, leaving Japan in technical recession
Japan
