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US accuses China of failing to meet free-trade agreements

The United States has accused China of failing to meet its commitments to the World Trade Organization (WTO) and says it is exploring new ways to combat aggressive Chinese trade practices. In its annual report on Chinese compliance with WTO rules, the Office of the US Trade Representative said Wednesday that China isn’t keeping the […]

China’s tech giants push toward an $8 trillion metaverse opportunity — one that will be highly regulated

Imagine this: the metaverse with Chinese characteristics. That’s how the virtual world that everyone’s talking about will likely look in the world’s second-largest economy. China’s technology giants are beginning to invest in the metaverse — the latest buzzword in internet technology. It’s a term with no concrete definition, but largely taken to mean virtual worlds that […]

Are tech giants ‘sunsetting’? Strategists warn of big tech under pressure

Investors looking to put money into U.S. and China internet giants should be cautious as these companies are facing a myriad of challenges, strategists told CNBC. Investment bank Macquarie said large consumer tech companies like Facebook and Amazon are in the “sunsetting” phase… To read more: https://www.cnbc.com/2022/02/14/us-china-tech-giants-under-regulatory-pressure-competition.html?__source=iosappshare%7Cnet.whatsapp.WhatsApp.ShareExtension SOURCE: CNBC

India GDP to grow 9.2%, estimated at ₹147.5 lakh cr in FY22: MoS Finance

India’s gross domestic product (GDP) is projected to grow at 9.2% to ₹147.5 lakh crore for the current financial year ending March 2022, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to a query in the Lok Sabha, Chaudhary said the government has implemented several major reforms in recent years to boost […]

IMF cuts India’s GDP forecast to 9 per cent in FY22

The International Monetary Fund (IMF) has cut India’s economic growth forecast to 9 per cent for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over the impact of a spread of new variant of coronavirus on business activity and mobility. Read more at:https://economictimes.indiatimes.com/news/economy/indicators/imf-cuts-indias-gdp-forecast-to-9-per-cent-in-fy22/articleshow/89119752.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst SOURCE: […]

China is risking a big hit to the economy and supply chains with zero-Omicron approach

The Chinese government’s unwavering insistence on stamping out any trace of the coronavirus is facing its biggest test yet as authorities grapple with Omicron’s quickening spread. And it could cost the world’s second largest economy dearly this year.The Covid-19 variant has been cropping up across China in recent days, including in major port cities like Dalian and Tianjin, prompting restrictions that could […]

Another year of restricted travel for China

Insurance agent Yuan Jiahui will once again spend the Chinese New Year apart from her extended family. Travel restrictions ordered by her husband’s employer and children’s school mean that they could be penalised for having a family member who has travelled out of Beijing. “I don’t want to affect their work and schooling, so it’s […]

What’s next for China-US after phase-one trade deal?

Nearly two years ago on January 15, 2020, China signed what is termed  “phase-one” agreement with the US in the hope of ending the 22-month-old US-initiated trade deadlock, defusing a costly trade war, giving relief to businesses and reassuring the global economy.  Over the past two years, while China has been facing all kinds of headwinds […]

Morgan Stanley lists 4 reasons why China’s growth could be better than expected in 2022

China’s economy appears to be bouncing from a “mini-downturn” into an upswing as the country eases policy, according to investment bank Morgan Stanley. The Asian giant had tightened its monetary policy, embarking on “aggressive deleveraging” as it sought to slash debt in the property sector. It managed to cut the debt-to-GDP ratio by 10 percentage […]


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