The SBI Fund Management report says China invests 42% of GDP & consumes 40%, while US invests 22%, but household consumption stands at 68%, showing stark differences in economic priorities.
Hu Xijin's now-deleted blog post implying push for 'private economy' in China had triggered backlash. He has now resurfaced after nearly 100 days of silence with a post on Weibo.
The broader initiative will enable all elderly people to engage in grassroots activity, from dispute mediation to health and fitness, Chinese civil affairs ministry said.
Survey of 35 countries shows divided opinions on China's role in global economy, environment, peace & stability. Globally, fewer people trust Chinese President Xi Jinping's leadership.
Manish Sabharwal blames regulatory hurdles, lack of human capital development, and failure to transition from farm to non-farm sectors for India’s slower economic growth compared to China.
Japan & UK released data showing that these economies have entered technical recession. Germany is also facing economic contraction in 2023. India's poised to be negatively affected.
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.
China’s exports declined in July and consumer prices fell, tipping the economy into deflation. Meanwhile, the country's largest private property developer 'is facing a liquidity crisis'.
Ship of Theseus director Anand Gandhi moved to Goa to synthesise big ideas and build an Indian sci-fi mythiverse with MAYA. ‘In a way, the job title in the East for this enterprise is the Buddha.’
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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