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'.
Iran’s best bet is to drag the US into a prolonged and costly ground war to defeat it through exhaustion, as happened in Vietnam, Afghanistan, and partially in Iraq.
Bitcoin dropped as much as 3.8% to $63,038, while Ether, the second-largest token, slid 4.5% to $1,835. Roughly $128 billion in market value was erased across digital assets.
The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.
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