Beijing: There are indications that the decline in the global economy will continue for some time. This has been a matter of great concern; the International Monetary Fund (IMF) warned of a possible economic slowdown, in such words. The World Bank, World Trade Organization (WTO) and OECD have confirmed this statement of the Monetary Fund. […]
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Beijing/Guangzhou: The communist party seems to be failing to prevent protests and the restrictions imposed by them in China. Despite the heavy crackdown in the last two days, large-scale protests erupted in Guangzhou city of China on Wednesday. The protesters turned violent and pelted stones at security forces. Along with Guangzhou, videos of clashes between […]
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Washington: – The Zero Covid policy implemented by President Xi Jinping in China for the past few months along with the real estate crisis are going to affect the Chinese economy. There is a possibility of China’s economy taking a hit of five trillion dollars in the coming five years when Xi Jinping will continue […]
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Bali: US President Joe Biden met China’s President Xi Jinping in Indonesia on Monday while the Pentagon and CIA reports are claiming that China is a dangerous rival of the United States. In the meeting held in the ‘G20 Summit’ background, the media informed that the high-level delegation, including the two presidents, discussed for more […]
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Beijing: In the background of the ongoing upheavals in China’s economy, there has been a significant decline in the country’s foreign reserves. China’s foreign reserves fell to $3.029 trillion in September. It is being said that there has been a decrease of about one per cent in the foreign reserves in one month. A few […]
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Beijing: Start strong buying Chinese Yuan from around the world, selling the USD in the international market. The Central Bank of China has instructed the Chinese banks abroad, along with the domestic government and affiliated banks, should follow this instruction. It is claimed that China has taken this step to protect its currency, which has […]
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Beijing: There are rumours that Chinese President Xi Jinping is currently under house arrest and former President Hu Jintao and former Prime Minister Wen Jiabao are ruling the country. Discussions on Chinese social media substantiate these rumours, claiming that the Chinese army has blocked the highway leading to the capital Beijing. The process of power […]
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Berlin: In the wake of the Russia-Ukraine conflict, the process of globalisation has come to a standstill. Besides, there is no possibility of its recovery. At the same time, there is a risk of fuel shortage and inflation is also likely to continue. The head of Deutsche Bank, Christian Sewing, warned that due to these […]
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New Delhi: China’s People’s Liberation Army’s ‘Yuan Wang 5’ warship, used for spying and picking up sensitive information, will arrive at Sri Lanka’s Hambantota port. The ship has increased the threat to naval bases on India’s east coast and ISRO’s launch base at Chandipur. India has taken serious cognisance of this and Sri Lanka has […]
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Washington: The United States has launched a solid effort to thwart China’s move for dominance in the semiconductor sector. Hence, the US Senate has approved the ‘CHIPS Act’, enabling it to invest in the semiconductor sector extensively. After this approval, the bill will be sent to the House of Representatives, as informed by the sources […]
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