China's economy is slow and it no longer satisfies the aspirations of upward mobility. The educated unemployment percentage is getting higher and higher and at the same time the economic rate is going down. Beijing's old economy seems to be reaching its limits: both Chinese and foreign manuf
With expected headwinds from the economic slowdown and inflationary pressure in 2023, investors must factor into those aspects before jumping into an investment decision - including for the real estate assets, said real estate consultancy firm Anarock.
A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make India's footwear and leather products export trade vulnerable, said Crisil Ratings.
The sharp decline in the Chinese GDP growth in 2022 was blamed on a host of factors mainly China shutting itself from the outside world due to zero Covid policy. The slow pace was blamed mainly on the strictly implemented zero-Covid policy leading to periodic lockdowns and the ruling Communi
London [UK], January 25 (ANI/PRNewswire): Asia can defy a global economic slowdown in 2023 through an acceleration in digital transformation, greater regional coordination, and balanced monetary policies, according to new research from the London-based think tank, Asia House.
The survey said business leaders, who are chief experience officers (CXOs), in India are confident that Budget 2023-24 will help fuel economic growth across sectors and industries, amid a potential global slowdown and geopolitical instability.
High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.
Although the South Korean economy continued to grow for nine consecutive quarters since March 2020 (2.3 per cent), the growth rate has decreased to a half of the second quarter (0.7 per cent). In particular, trade balance has significantly decreased. Exports increased 1.1 per cent due to dec
Among the group of top 10 economies, the most positive prospects in terms of international trade are related to India and the country does not seem to be impacted by the global economic slowdown to a large extent.
New Delhi [India], October 22 (ANI): Highlighting the reforms undertaken by the Centre for the development of the country, Prime Minister Narendra Modi on Saturday said that India is trying its best to save itself from the global crisis and economic slowdown.
Hong Kong, October 10 (ANI): Amid a darkening economic outlook that continues to erode consumer confidence, China's holiday spending plunges to a seven-year low as zero-Covid policy discouraged people from travelling or spending.
Beijing [China], October 9 (ANI): Across much of the developing world, China finds itself in an uncomfortable position as the world's debt collector amid rising inflation and a weakening global economy.