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Ralph Jennings

Ralph Jennings

Hong Kong
Correspondent, Political Economy
Ralph Jennings joined the Political Economy desk as a Senior Reporter in August 2022 having worked as a freelancer since 2011. Ralph previously covered news for Thomson Reuters in Taipei and for local newspapers in California. He graduated from University of California, Berkeley with a bachelor’s degree in mass communication.
Ralph Jennings joined the Political Economy desk as a Senior Reporter in August 2022 having worked as a freelancer since 2011. Ralph previously covered news for Thomson Reuters in Taipei and for local newspapers in California. He graduated from University of California, Berkeley with a bachelor’s degree in mass communication.
Languages Spoken:
English, Mandarin

IMF cuts China’s GDP growth forecast to 4.4% as Iran war hits global economy

The latest projection is 0.1 percentage lower than January’s estimate but higher than October’s.

Airlines are cutting flights, as dependence on Middle Eastern fuel hits operators from Pakistan to New Zealand.

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Analysts and industry insiders say higher costs are squeezing margins, with some of China’s wary industrial heartland compelled to make day-to-day purchases.

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Surging jet fuel prices are pushing airlines – including several Chinese carriers – to raise fares, with a warning of 9 per cent price rises.

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China-Europe cargo flights face longer routes and higher fuel costs after Middle East airspace closures, the Hong Kong Association of Freight Forwarding & Logistics says.

Chinese firms are in pole position to benefit from a wave of investment in clean energy infrastructure that could be worth trillions of US dollars.

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The country logged a record 596 million domestic trips over the extended holiday, but consumers are still reluctant to loosen their purse strings.

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As Chinese giants eye Eurasia for new infrastructure, analysts speculate on what it will take to keep overseas projects from going off the rails in different host nations.

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Related Topics
YuanUS-China relationsAsia travelChinese offshore investmentChina-Australia relationsBelt and Road InitiativeMiddle EastUS-China trade warDronesChina travel