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'.
The Indian planning system did not encourage individuals based on ‘what they knew’, but on ‘whom they knew’. Many left for countries that recognised their talent.
The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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