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China’s new economic strategy to rely on domestic market is not a closed-door policy, Beijing advisers say

China’s new economic strategy of “dual circulation” is focused on competition and opening up, and not intended to severe ties with other parts of the global economy, according to economists and government advisers. The new economic strategy announced by President Xi Jinping two months ago intends for China to lean towards its… To read more: https://www.scmp.com/economy/china-economy/article/3096941/chinas-new-economic-strategy-rely-domestic-market-not-closed SOURCE: […]

Ukraine war, 1 year on: are China’s supply chains headed toward upheaval, or can it stem the tide?

India’s car market just had its worst month in 18 years. 1 million jobs are at risk

Just two years ago, India’s huge car market was booming and global players were rushing to invest. Now it’s been slammed into reverse. Sales of passenger vehicles plunged 31% in July, according to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. Read more: https://edition.cnn.com/2019/08/13/business/india-car-sales-slump/index.html SOURCE : CNN

India to soon trade in rupee with UAE, Malaysia and Nigeria


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