Major decline in Chinese economy, downfall in the stock market along with import-export

Major decline in Chinese economy, downfall in the stock market along with import-export

Beijing: Against the background of the trade talks with the United States and the parliamentary session, it has been observed that the economy has received major shocks. Exports, the mainstay of the Chinese economy, have recorded a decline of 20% in February and imports, trade profits and stock markets also have been hit severely. While […]

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Against the background of the trade war with the US, Chinese economy hit by recession

Against the background of the trade war with the US, Chinese economy hit by recession

Beijing: The claims that the Chinese economy will be the worst affected because of the trade war with the United States seem to be turning into a reality. The Chinese economy is hit by a severe recession because of the trade war triggered by US President Donald Trump. As per the Chinese agencies, the growth […]

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Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]

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US-China trade war threatens global economy: International Monetary Fund

US-China trade war threatens global economy: International Monetary Fund

Washington: ‘The International Monetary Fund feels that the trade tensions should be resolved to the satisfaction of everyone. It assumes significance against the background of the currently raging US-China trade war, as it has threatened the global economy,’ the IMF chief Christine Lagarde warned. At the same time, she cautioned both, the United States and […]

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Chinese youth should be loyal to the ruling communist party; appeals President Xi Jinping

Chinese youth should be loyal to the ruling communist party; appeals President Xi Jinping

Beijing: President Xi Jinping appealed that the Chinese youth need proper political guidance and they need to be loyal to the ruling communist party for this. At this time, he also clarified that ruling communist party and the student movements in China, are closely connected. Only a few days ago, the Chinese government announced an […]

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Beware of the Chinese debt trap, Malaysian President advises the Philippines

Beware of the Chinese debt trap, Malaysian President advises the Philippines

Manila: The Malaysian President Mahathir Mohammad warned the Philippines that “If you are borrowing vast sums of money from China, beware of falling into its debt trap. The Malaysian President is currently on a visit to the Philippines and China was at the centre of the discussions he held with the Philippine President Rodrigo Duterte […]

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Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Beijing: Analysts have claimed that the challenges faced by Chinese President Xi Jinping are increasing because of the slide in the economy, trade war with the United States and the international criticism on the issues of Huawei and Xinjiang. Meeting of the ruling Communist party started on Sunday, and the parliamentary session is scheduled to […]

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Chinese industrialist, providing funding to Australian political leaders and parties, banned entry in Australia

Chinese industrialist, providing funding to Australian political leaders and parties, banned entry in Australia

Canberra: Australia has delivered a severe blow to China, who is trying to exert its influence in the political, economic, education and other sensitive sectors in Australia. The attempt of Chinese industrialist, Huang Xiangmo, a close aide to the ruling Chinese communist party for acquiring Australian citizenship has been thwarted. The Australian media reported that passport […]

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China failed to provide impetus to the slowing economy; claims financial institution JP Morgan

China failed to provide impetus to the slowing economy; claims financial institution JP Morgan

Beijing: Leading financial institution JP Morgan has alleged that China, the second largest economy of the world to have slowed down and all the efforts of the Chinese government to provide an impetus have failed. Over the last month, all the indices evaluating the Chinese economic progress have shown negative results. This negative picture of […]

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