Taiwan’s semiconductor sector should be idolised for providing impetus to the US industry sector: US economist

Taiwan’s semiconductor sector should be idolised for providing impetus to the US industry sector: US economist

Washington/Taipei – US economist Jeff Ferry said that Taiwan’s leadership in the technology-intensive semiconductor industry and its policy should be exemplary in boosting the US industrial sector. Ferry also warned that the US has lagged by focusing only on businesses in the financial sector. The emphasis should be on strengthening the manufacturing sector, like Taiwan, […]

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China passes law permitting three children per couple

China passes law permitting three children per couple

Beijing: – Chinese parliament has passed a law allowing married couples to have three children. The census in China was released a few months ago. It was revealed that China’s population growth rate has been declining for four consecutive years as the number of older people is increasing. It also hinted at a shock to […]

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New outbreak of Coronavirus epidemic in China, patients found in 18 provinces including capital Beijing and Wuhan

New outbreak of Coronavirus epidemic in China, patients found in 18 provinces including capital Beijing and Wuhan

Beijing – A new outbreak of the Coronavirus epidemic has erupted in China. A lockdown has been imposed in the Haidian area after Coronavirus patients were found in the capital, Beijing. Seven cases have been reported in Wuhan, following Beijing. Coronavirus outbreaks have been reported in 18 provinces, including the two cities, and it is […]

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Increasing number of senior citizens in China could prove lethal for the global supply chain, warn economists

Increasing number of senior citizens in China could prove lethal for the global supply chain, warn economists

Beijing: – Economists have warned that the number of senior citizens is increasing consistently in China, which could deliver major jolts to the global supply chain and financial sector. Last week, China announced the population statistics. The Chinese population has reached 1.411 billion, and out of these, 264 million are senior citizens. The growth rate […]

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China perpetrating Uyghur genocide, announces US

China perpetrating Uyghur genocide, announces US

Washington/Beijing: – The ruling communist party in China has carried out a genocide of the Uyghur people, and it is continuing. The United States announced the genocide in China, saying that the Chinese communist government is making systematic efforts to finish the Uyghur clan. US Secretary of State Mike Pompeo made a crushing allegation that […]

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China needs to act urgently to contain financial risks, warns IMF 

China needs to act urgently to contain financial risks, warns IMF 

Washington/Beijing: – The International Monetary Fund (IMF) has warned that China needs to initiate immediate steps to avert the threats to economic stability. The Chinese economy’s debt burden has increased tremendously during the Coronavirus pandemic period, and small banks and local administrations are feeling immense pressure. At the same time, the credit rating of the […]

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Australia-China trade war erupts 

Australia-China trade war erupts 

Canberra/Beijing: – Trade war has been sparked between Australia and China and China has given indications of stopping the import of seven Australian products. Although China has not announced the decision on the official level, it has ordered the Chinese industry to stop imports of Australian products. These include prawns, coal, wood, sugar, copper, barley […]

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India and Japan sign strategic defense cooperation to counter China

India and Japan sign strategic defense cooperation to counter China

New Delhi: India and Japan have signed a critical military logistics agreement. According to this pact, the militaries of both countries will from now on have access to each other’s military bases for emergency deployments. Indian Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe have welcomed this decision, and have expressed confidence that […]

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