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IMF predicts China to witness economic decline over next four years: Repor
Updated : 2 years, 6 months ago IST
In a report released on Friday, the IMF projected that China's economic growth will reduce to 4.6 per cent this year, down from its 5.2 per cent growth in 2023, and drop further to 3.4 per cent by 2028.
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Taiwan detects 10 Chinese military aircraft, five naval ships around natio
Updated : 2 years, 6 months ago IST
Following China's action, Taiwan sent aircraft and naval ships and deployed air defense missile systems to keep a watch on the Chinese activity.
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After flak over lack of action, Chinese navy starts escorting cargo ships
Updated : 2 years, 6 months ago IST
The Chinese navy has started escorting Chinese cargo ships through the Red Sea, according to a shipping company and Chinese state media reports, Voice of America (VOA) reported.
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Chinese stocks plunge further, facing worst week in years
Updated : 2 years, 6 months ago IST
The Shanghai Composite Index witnessed a significant 6.2 per cent drop, the most substantial weekly loss since October 2018, while the Shenzhen Component Index recorded an 8.1 per cent decline, marking its largest drop in three years.
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Taiwan detects eight Chinese military aircraft, five naval ships around na
Updated : 2 years, 6 months ago IST
In response to China's action, Taiwan sent aircraft and naval ships and deployed air defence missile systems to keep a watch on the activity of China's PLA.
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Taiwan urges UK, Western allies to help deter Chinese aggression
Updated : 2 years, 6 months ago IST
Taiwan's envoy to the United Kingdom Yao Chin-hsiang has urged the United Kingdom and other Western allies to help deter Chinese aggression against Taiwan.
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UN Special Rapporteur alleges use of torture against Jimmy Lai, demands pr
Updated : 2 years, 6 months ago IST
UN Special Rapporteur on Torture, Alice Jill Edwards, has written a letter to the Chinese authorities urging them to address the claims that it has allegedly tortured Apple Daily founder Jimmy Lai for obtaining evidence against him, a press release from the United Nations Human Rights Commis
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57 pc of companies surveyed by China Chamber of Commerce in US lack confid
Updated : 2 years, 6 months ago IST
According to a survey by the China Chamber of Commerce in the US, 57 per cent of companies have insufficient confidence in the opening of the Chinese market.
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Global carmakers implicated in using Uyghur forced labour due to Chinese g
Updated : 2 years, 6 months ago IST
Some global carmakers are applying weaker human rights and responsible sourcing standards to their joint ventures in China owing to pressure from the Chinese government, as reported by Voice of America (VOA), citing a report.
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Reducing interest payments on operating loans, mortgage repayments may exp
Updated : 2 years, 6 months ago IST
China's mortgage interest rates have been reduced, and the number of people buying houses with higher interest rate loans has decreased. For interest expenses, select "House Loan to Business Loan".
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US State Department critical of China's modified M503 flight path
Updated : 2 years, 6 months ago IST
State Department spokesperson said the U.S. urged Beijing to cease its military, diplomatic and economic pressure against Taiwan and instead engage in "meaningful dialogue" with Taiwan.
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IMF says Asia on track to again deliver two-thirds to global growth in 202
Updated : 2 years, 6 months ago IST
Asia is on track to again deliver two-thirds of global growth in 2024, as it did in 2023, said Krishna Srinivasan, Director of the IMF's Asia and Pacific Department. At a press conference on the Regional Economic Outlook, the IMF official said the news on the inflation front has also been
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