China, India and Trump
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China, once the engine of global economic growth, is now facing significant economic turmoil, with its growth story rapidly crumbling. In this video, we explore the multifaceted challenges that have pushed China’s economy to the brink,
China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.
China kept benchmark lending rates unchanged for the third consecutive month on Wednesday, meeting market expectations, as authorities signalled they are in no rush to deliver monetary stimulus despite a string of recent disappointing economic data.
Trump has been remarkably consistent over the years about his core economic gripe: the trade deficit. In 1987, he spent nearly $100,000 to purchase a full-page ad in three U.S. newspapers that said: “It’s time for us to end our vast deficits by making Japan, and others who can afford it, pay.”
Pakistan PM Shehbaz Sharif will visit China later this month to formally launch the second phase of the China-Pakistan Economic Corridor (CPEC-II), focusing on industrial zones, agriculture and Gwadar port expansion.
Few commodities tell the story of China’s 21st-century economy better than humble cement, and its current output slump illustrates the depth of the nation’s building slowdown after the frenzy of the previous decade.
The country could see its potential economic output halved by mid-century amid a flagging birthrate and aging workforce.
New Delhi-based think tank Global Trade Research Initiative (GTRI) has termed China’s easing of restrictions on export of certain goods to India as ‘tactical gesture’ and have stated that India’s real safeguard lies in reducing dependence, strengthening domestic manufacturing, and building resilient supply chains.
Shehbaz Sharif is expected to travel to Beijing later this month to attend the SCO Summit from August 31 to September 1
Top diplomats from Pakistan, China, and Afghanistan are meeting in Kabul for a trilateral summit. The meeting, set for Wednesday, aims to boost political, regional, and economic cooperation.
The marine economy is playing an increasingly important role in stimulating China’s GDP, from ocean-based energy generation efforts to fisheries.
The Chinese economy lost some momentum in July, backing the case for policymakers to snap out of wait-and-see mode and stimulate growth.