Saturday, 28 May, 2022
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TopicChinese economy

Topic: Chinese economy

Communist Xi explains capital’s benefits as Chinese executives speak up on economic crisis

Business leaders now openly say that Beijing’s zero-Covid policies are slowly destroying the economy. It is becoming difficult for many to justify Xi’s ‘common prosperity’ campaign.

China faces worst economic slowdown since pandemic, Nomura says

The slowdown in China’s growth worsened in the first quarter and markets should be concerned about a further slide in the second, economists at Nomura Holdings said.

Ladakh standoff cost China more. Look at its ‘chocolate soldiers’, big tech failure

Despite a host of ‘peace agreements’ over the last 3 decades, China’s costs have been mostly intangible but intensely damaging and acute.

‘Rising Star’ to ‘Red Roulette’ — Here is what you need to read on China

Domain expert Aadil Brar brings you a shortlist of books and papers you need to understand Chinese society and external relations.

SubscriberWrites: How Indian real estate can save itself from an Evergrade crisis

While India is unlikely to experience an Evergrande-like crisis, its miniature version can be dauting too. Owning a house is still a big expenditure for most, writes Deepesh Salgia.

Revolt by doing nothing — Chinese youth are lying in bed to protest tough jobs, low pay

Tang Ping, or ‘lying flat’ is passive resistance in a country notorious for its burnout-inducing ‘996’ working hour system, besides other demands.

Don’t get fooled by Xi’s media blitz. China’s ‘zero poverty’ hides more than it reveals

China wants the world to believe its 'state-led development' has eradicated poverty. But as everything else with China, the reality is more complicated than what it seems.

Chinese state capitalism — a threat to US and the world, and how Biden must respond

Three of the world’s five largest companies are Chinese. Joe Biden will have to tackle Beijing's state capitalism.

China’s economy grew 2.3% in 2020, accelerating global rise

With global output likely contracting 4.2% last year, China’s gains mean it increased its share of the world economy to 14.5%, according to World Bank.

A year after Covid, China’s economic growth accelerates as rest of world struggles

China is set to report GDP increased 2.1% in 2020, the only major economy to have avoided a contraction. The country is now on course to pass the US as the biggest economy in 2028.

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Representational image of cryptocurrencies | Pizabay

What are UST & Luna and why the fall of 2 ‘stablecoins’ led to a crypto crash in India

Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

Why it’s obscene to tell Ukraine to give in & how war-upended global balance of power brings openings for India

Global order is in flux, and India is being wooed by all. It opens up economic, strategic & military possibilities unimaginable till recently. It is for India to take this opportunity.
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