Beijing: China’s economy has been hit hard by the frequent Covid outbreaks over the past year. In 2022, China’s economy registered a growth rate of just three per cent. This is the lowest level since 1976. China’s growth rate has fallen by more than half compared to 2021. In 2021, China had achieved a growth […]
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Beijing – Fresh Coronavirus outbreaks and decline in the investment, retail, hoteling and real estate sectors have once again slowed down China’s economy. In the July-September quarter, China’s economic growth slowed by 0.8 per cent. New figures show that the Chinese economy continued to suffer for two consecutive months in October and November. Analysts are […]
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Las Vegas: ‘The US economy is in very good shape. However, China’s financial recession may threaten the US economy. The downturn in China’s economy will majorly impact neighbouring Asian countries. Besides, the US can’t avoid this crisis either,’ US Treasury Secretary Janet Yellen warned. Just a few days ago, US President Joe Biden claimed that […]
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Beijing/Washington: Last month, the Chinese government had announced a drop of 6.2% in the Chinese GDP growth. However, the US media claimed that the statistics were misleading, and the GDP fall was more than the published figure. In the past, China was revealed to overplayed economic growth figures, which it is repeating, as per an […]
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Beijing – There has been intensive discussion on the disappearance of China’s Defence Minister Li Shangfu. In March, Li Shangfu had taken over the reins of the post of Defence Minister of China. He had also adopted a very aggressive policy against the United States. Also, Shangfu is known to be close to Chinese President […]
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Berlin – Germany has announced a change in its trade policy with China. It said that China is openly violating human rights and trying to make an impact on the rules-based international order. Moreover, Germany says it was closely watching these aggressive activities of China. Germany also said it had no intention of withdrawing from […]
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Beijing – The Chinese Communist regime’s economic advisor warned that if the problem of rising unemployment in China is not handled properly, it will have serious social consequences beyond the financial arena. He also warned that the unemployed youth might pose a political threat. He said that multinational companies have been retreating from China after […]
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Beijing – The ruling communist government of China has informed the leading banks of the country to reduce the interest rate. Reduce the interest rate from half to one per cent, it has been said in this information, a Western newspaper has said in its news. For the second time in the last year, the […]
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Beijing/Khartoum: Over the past decade, China has emerged as the largest credit lender for African countries. The increasing demand for fuel and other natural resources and the ambition to become a global superpower is said to be behind China’s economic policy. Until the last decade, the picture of China’s policy being successful stood at the […]
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Beijing: Concerns are expressed worldwide due to China’s reduced imports and lack of expected export growth. Since China’s economy is closely linked to the global economy, economists have warned that whatever happens in China will have international consequences. At the same time, economists also warned that China’s economy is currently facing great danger. Therefore, the […]
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