China's July data showed industrial output rose 4.8% in the month from a year earlier, the same as in June. Sales abroad also jumped as factories and retailers elsewhere re-opened.
Xi said China should speed up its 'dual circulation' growth model with a focus on boosting local output, while drawing in foreign investment and stabilising trade.
Among other issues, officials are under the pump to get migrant workers back to work as quickly as possible, after the lockdown drained them of cash and disrupted their lives.
The wait-and-see approach is being fed by govt statistics indicating that the epidemic itself is being brought under control, which may save China the need to spend big.
In 'All the Wrong Turns', T.C.A Ranganathan and T.C.A Srinivasa Raghavan explain how Deng Xiaoping's SEZ project in 1970s set the pace for China's economic rise.
China has allowed private firms to issue bonds at a lower interest rate as it looks to provide stimulus to its economy. Companies are, in turn, using them to pay off their debts.
Developing countries reliant on China are taking softer approach to fighting coronavirus as they balance health concerns and the potential economic fallout.
The number is significant as China's GDP expanded to $14.38 trillion from $13.1 trillion in 2018 and stayed above the psychologically important 6% mark.
This is the first meeting of China’s ruling party since February 2018 and President Xi Jinping looks set to solidify control over the party & the country.
While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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