NOT U.S., BUT CHINA WILL BE THE BIGGEST ECONOMY IN THE WORLD BY 2030 SAYS A TECH GROUP

Highlights

• The report drafted by FWD.us, in association with George Mason University, projects that the US economy will be three-quarters the size of China’s by 2050 under current US population trends and immigration levels

According to a study released on Wednesd...

CHINA’S FORTUNE DOES A SWIFT VOLTE-FACE WHILE COVID-19 SUBJUGATES OTHER NATIONS

• As most nations around the world engage in a hard fought battle with new lockdowns and layoffs in the face of the soaring pandemic, just one major economy has swung back after bringing the coronavirus mostly under tight supervision: China.
• The Chinese economy rose 2.3 percent l...

CHINA SUFFERED A LOSS OF RS 4,000 CRORE THIS RAKSHA BANDHAN SAYS CAIT

Highlights

• Every goods worth Rs 6,000 crore were sold during the festival of Rakhi in which China alone contributes about Rs 4,000 crore said CAIT

• The violent clashes at the Galwan Valley on June 15 led to anti-China movement across the country

• T...

CHINA’S ECONOMY ALMOST FREEZES WITH NO PURCHASE ORDERS FROM THE WEST

After reporting the first case of coronavirus, China was once again in the news though this time for all the negative reasons. May it country’s exotic animal meat market or accusations made by the U.S. of making the COVID-19 and intentionally spreading it worldwide, China is constantly goin...

THE CORONAVIRUS PANDEMIC COULD FORCE ASIA BELOW THE POVERTY LINE

• East Asia and Pacific below poverty line in foreseeable future
• Nation plunges into a worrisome recession

The world on the brink of extinction may not be the case likely but a world that is on the verge of poverty is not exaggerated. According to a report relea...

China works on its slow economic growth

On Wednesday, China moved more cash into its financial system. Despite the signs that the world’s second-largest economy was stabilizing the move came as Beijing remained concerned about faltering growth.  
The People’s Bank of China; China’s central bank, announced ...

CHINESE FOREX

China's outside exchange spares fell from $9 billion in November to $3.096 trillion; national bank data showed up on Saturday, as Washington and Beijing remained verified trades over an interim trade understanding. Specialists overviewed by Reuters had foreseen China's holds, the universe...

China stalling for a good reason we think

Chinese economy which had been the epitome of success and growth for a very long time now and had defended the title of the best-growing economy for a very long time has seen a major hiccup and this one has been pretty devastating for the nation and has led to one of the worst losses fro the nati...