Washington: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), warned that the situation developing in the last three months is darkening the future of the global economy. The threats for the economy are increasing and the possibility of the Global economy being hit by recession in the next year cannot be denied.’ The […]
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Beijing / Shanghai: The ‘Zero Covid Policy’ being implemented by China to curb the Coronavirus pandemic has led to growing resentment in the industry. Foreign companies operating in China have signalled a reduction in investment as well as manpower. Whereas, many small companies in China are reportedly on the verge of closing down. Besides, analysts […]
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Washington: US Deputy Secretary of State Wendy Sherman has appealed to Europe to support the United States in its fight against China. She has said that European security, economy and values are under significant threat from China. In less than three days after that, the Biden administration indicated a reduction in taxes on Chinese products. […]
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Beijing: Differences within the leadership of the Chinese communist party over the Zero Covid Policy imposed by President Xi Jinping are becoming visible. The contrasting stands of Chinese President Jinping and Prime Minister Keqiang are putting the Chinese economy under stress. International media and analysts provided an inference based on statements from Chinese government sources. […]
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Beijing: While the outbreak of the Coronavirus pandemic and the lockdowns imposed given the pandemic are adding to the discontent of the Chinese population, a more disturbing report has surfaced. It has been exposed that there is a huge growth in unemployment among the youth in the urban regions. The Chinese National Bureau of Statistics […]
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Washington: The uncertainty in the global economy has increased further due to the Ukraine conflict. International Monetary Fund (IMF) has warned that this uncertainty could slow down the global economy. The IMF will be releasing a report named ‘World Economic Outlook 2022’ in the next few days. This warning becomes significant against this background. Besides, […]
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Beijing/New Delhi: – India did not attach much importance to the visit of Chinese Foreign Minister Wang Yi during the last week. The media also did not get photographs of Foreign Minister Jaishankar shaking hands with Wang Yi. A joint press conference of the two leaders was also avoided. According to media reports, the adamant […]
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Beijing/Rome/Washington: – Chinese Foreign Minister Wang Yi appealed that China is not a part of the Russia-Ukraine conflict. Therefore, no sanctions should be imposed against China concerning it. The United States and European countries have started pressurising China to stop assisting Russia. US National Security Advisor Jake Sullivan met senior Chinese leader Yang Jiechi as […]
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Paris/Beijing: A French think tank accused Chinese companies of looting Gold from the African country DR Congo. The French think tank IFRI said that the Chinese companies illegally produce and export Gold from the mines in the Kivu Province in southern DR Congo. While this report has surfaced, a court in DR Congo has ordered […]
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Paris: – Following the Security related conference in Munich, Indian External Affairs Minister S Jaishankar proceeded to France. He held discussions with his French counterpart Jean Yves Le Drian and Defence Minister Florence Parly. Foreign Ministers Jaishankar and Le Drian signed an agreement regarding Blue Economy, meaning finance related to the oceans and maritime management. […]
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