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Wednesday, November 6, 2024
TopicChina debt crisis

Topic: China debt crisis

Why China is facing headwinds from all directions, real estate crisis to sluggish bank growth

China’s property sector is grappling with huge losses, manufacturing has been shrinking, and youth unemployment hit a record high in June. ‘Economy progressed too fast,’ expert says.

Chinese provinces built big-ticket infra on debt. Now a $23-tn crisis threatens to derail Xi’s BRI

Economic troubles have left Chinese provincial governments on a sticky wicket, leading to the slowdown of the country's ambitious Belt and Road Initiative.

There are lessons from the Evergrande crisis for Indian policymakers too

The Chinese govt's response to the Evergrande crisis signals that Xi is serious about changing the country’s economic development strategy.

On Camera

What Trump-Harris result could mean for India in key areas, from geopolitics to trade & immigration

India cannot be blasé about change in any important capital in the world. Let's look at five key areas where US policy matters for India and how it may vary between Harris and Trump.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Rifles slung upside down, on ponies. Indian troops go on their 1st patrol in Depsang since 2020

Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.