Tag - gdp

 
 

GDP

A military drill in Taiwan. Taipei has ramped up investment in military equipment and weapons over the past decade in response to intensifying pressure from China.
ASIA PACIFIC / Politics
Aug 22, 2025
Taiwan president ups defense spending target to 5% of GDP
The move comes as China has ramped up military and political pressure over the past five years to assert its claims, which Taipei strongly rejects.
China’s massive scale, strong education system and competitive local governance have enabled it to reach the technological frontier and dominate high-tech manufacturing despite its low per capita gross domestic product.
COMMENTARY / World
Aug 19, 2025
Demystifying the manufacturing success of China
The obvious question is how a country with such low per capita GDP has managed to reach the technological frontier in so many sectors.
A screen displays share prices inside the Kabuto One building in Tokyo. The Nikkei 225 closed at a record high of 43,378.31 on Friday.
BUSINESS / Economy
Aug 15, 2025
Tokyo stocks hit closing-price record as GDP surprises
The Japanese economy grew much faster than expected in the second quarter.
GDP grew at an annualized pace of 1% in the three months through June from the prior period, surpassing economists’ forecast of a 0.4% gain, according to the Cabinet Office.
BUSINESS / Economy
Aug 15, 2025
Japan growth beats forecasts, boosting rate-hike case for BOJ
Better-than-expected economic growth has given Prime Minister Shigeru Ishiba some good news as he fends off calls to resign after July's election setback.
The government revised its real growth projection for fiscal year 2025 to 0.7%, down from the previous forecast of 1.2%.
BUSINESS / Economy
Aug 8, 2025
Japan lowers this year’s growth forecast as tariffs kick in
The downgrade partly reflects a darkening global economic outlook as a result of U.S. President Donald Trump’s tariff policies.
The diffusion index on living conditions in Japan is at its lowest level in nearly 16 years.
BUSINESS / Economy
Jul 24, 2025
Japan might be in a technical recession already
GDP appears to have declined for a second consecutive quarter, while wages remain stagnant and consumer sentiment weak.
People walk along a promenade in Shanghai on July 10.
BUSINESS / Economy
Jul 16, 2025
Beneath China's resilient economy, a life of pay cuts and side hustles
China's economy recently posted robust growth, showing its export-heavy model has so far withstood U.S. tariffs. But beneath the headline resilience, cracks are widening.
Workers on the production line of a toy factory in Shenzhen, China
BUSINESS / Economy
Jul 15, 2025
China’s economy expands 5.2% as exports propel growth
The world’s second-largest economy has powered ahead despite a 24% slump in shipments to the U.S. in the second quarter.
China’s economy shows signs of a possible recovery despite structural challenges and imperfect GDP data, but its future growth and global impact hinge on trade relations with the U.S. and how economic progress is measured.
COMMENTARY / World
Jul 10, 2025
Taking GDP out of the China equation
There are problems with looking at China’s vitality through the GDP lens — the data is widely perceived to be finessed by officials
A Self-Defense Forces tank unit takes part in parade at Camp Asaka, near Tokyo, in October 2018. The percentage of GDP spent on defense is a politically convenient but flawed metric that oversimplifies the complex realities of alliance management.
COMMENTARY / Japan
Jul 2, 2025
In the Trump era, how much should countries really be spending on defense?
In truth, the “percentage of GDP” approach is a political one, not a practical one
Economic losses in Japan stemming from workers' mental or physical disorders, linked to lower labor productivity, represent about 1% of the country's nominal gross domestic product for 2024.
BUSINESS
Jun 20, 2025
Annual economic losses from workers' health issues reach ¥7.6 trillion
The losses, linked to lower labor productivity, represent about 1% of the country's nominal gross domestic product for 2024.
World Bank Deputy Chief Economist Ayhan Kose speaks during an interview on Monday in Washington.
BUSINESS / Economy
Jun 11, 2025
World Bank sees Japan's growth slowing in 2025
The institution has lowered its 2025 growth estimate for Japan's gross domestic product to 0.7% in inflation-adjusted real terms.
Prime Minister Shigeru Ishiba attends a Liberal Democratic Party executive meeting in Tokyo on Monday.
JAPAN / Politics
Jun 10, 2025
As election looms, Ishiba pledges ¥1 quadrillion GDP by 2040
Ahead of the Upper House election, the prime minister has unveiled the ambitious target, along with raising the average income by at least half.
Japan's gross domestic product shrank at an annualized pace of 0.2% in the three months through March, the revised data showed, confirming the country's economy shrank even before U.S. President Donald Trump amped up tariff pressure in April.
BUSINESS / Economy
Jun 9, 2025
Japan confirms GDP contraction, backing BOJ’s cautious stance
GDP shrank at an annualized pace of 0.2% in the three months through March, a less severe drop than the initial estimate of a 0.7% decline.
OECD Secretary-General Mathias Cormann delivers a speech at OECD headquarters in Paris on Tuesday.
BUSINESS / Economy
Jun 3, 2025
Trade war cuts global economic growth outlook: OECD
After 3.3% growth last year, the world economy is now expected to expand by a "modest" 2.9% in 2025 and 2026, the OECD said.
The Japanese economy flipped back into reverse in the first three months of the year, with consumption staying below its pre-pandemic level as inflation saps purchasing power.
BUSINESS / Economy
May 16, 2025
Japan’s economy shrank for the first time in a year before tariff jolt
The first contraction under Prime Minister Shigeru Ishiba adds to concerns about the resilience of the economy before tariffs came into effect.
A median estimate of economists shows Japan's gross domestic product likely shrank by 0.3% in the January-March quarter on an annualized basis.
BUSINESS / Economy
May 12, 2025
Japan’s sputtering economy likely stalled before Trump’s tariffs
Gross domestic product adjusted for inflation shrank by 0.3% in the first quarter on an annualized basis, according to economists.
U.S. President Donald Trump (center), Secretary of State Marco Rubio (left) and Secretary of Defense Pete Hegseth attend a Cabinet meeting at the White House in Washington on Wednesday.
WORLD / Politics
May 1, 2025
Trump's Cabinet shrugs off economic contraction, at odds with pledges
Figures show U.S. gross domestic product contracted at an annual rate of 0.3 percent in the first quarter.
Vehicles travel along the 110 freeway in downtown Los Angeles. California's GDP has overtaken Japan's to become the world's fourth largest economy, according to the U.S. state.
BUSINESS / Economy
Apr 27, 2025
California says it overtakes Japan to become world’s No. 4 economy
Japan's annual GDP was surpassed by China in 2010 and Germany in 2023, positioning the country in fourth place.
Japan's economy expanded in the October-December quarter at a slower pace than earlier reported as consumption came in weaker than expected.
BUSINESS / Economy
Mar 11, 2025
Japan’s economic growth revised lower ahead of BOJ meet
The revised figures highlight pockets of weakness in the Japanese economy even as it continues to moderately expand.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past