Beijing: The former President of Maldives, Mohammed Nasheed has accused China of trying to encroach the land of Maldives’ by putting the country in a debt trap. The accusation has not gone well with China and its foreign ministry has dismissed the accusations. The mouthpiece of the Chinese government, ‘Global Times’ daily has said that […]
Read More »
Beijing : Economists have warned that Chinese President Xi Jinping’s ambitious ‘One Belt One Road’ Project is posing a danger to the global financial system. Government banks of China are trying to raise funds to be issued as loans to the deprived and potentially dangerous countries. Economist Xu Chenggang and Bjorn Conrad have raised their […]
Read More »
Beijing :The speed of the economic growth rate of China, which had taken a lead in the World economy, seems to have slowed down. According to the Chinese agencies, till 2016, China’s economy somehow managed a growth rate of 6.7%. In the last 26 years, this growth rate could be considered the lowest in China’s […]
Read More »
Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]
Read More »
The Central Bank of China has warned that China is to a certain extent under pressure even now and so recession still looms over the country. Li-Gang Liu, the chief Economist in China has warned that a just one wrong turn on the part of the government would suffice to take China to economic stagnation. […]
Read More »
