Chinese Economy

RBI governor Shaktikanta Das. (PTI)NEW DELHI: The coronavirus outbreak will have a limited impact on India but the global GDP (gross domestic product) and trade will definitely get affected due to the large size of the Chinese economy, RBI (Reserve Bank of India) governor Shaktikanta Das said. Only a couple…

Xi has rapidly consolidated power since he assumed leadership of China's ruling Communist Party in 2012. In 2016, Xi was hailed as the “core” of the Chinese Communist Party (CCP) leadership. In 2017, Xi Jinping thought was officially incorporated into the CCP constitution. In 2018, Xi engineered a constitutional amendment that would…

The Australian dollar could find long term relief from cyclical downturns if the country’s government decides to take climate change seriously, according to ABN Amro Bank NV. The Dutch bank expects the country’s focus to turn toward environmental policies after wildfires wreak havoc on the economy and hurt the currency.…

The phone maker shut down factories and shops due to the epidemic, but is now seeing 'a slower return to normal conditions than anticipated' Apple has warned investors that it will miss its revenue forecast for this spring due to the devastating impact of coronavirus on the Chinese economy.  The…

How The Chinese Economy Is Reeling From The Coronavirus Outbreak - SwarajyaRead More

This photo illustration taken on February 9, 2017 shows Chinese 100 yuan notes in Beijing. FRED DUFOUR/Getty Images In its fight to halt the spread of coronavirus, the Chinese government announced it’s now quarantining cash to prevent people from handling it and potentially spreading the virus. It’s still not totally…

The coronavirus-hit Chinese economy will grow at its slowest rate since the financial crisis in the current quarter, according to a Reuters poll of economists who said the downturn will be short-lived if the outbreak is contained.A February 7-13 Reuters poll of 40 economists based in mainland China, Hong Kong,…

Workers wearing face masks rope a container ship at a port in QingdaoBy Vivek Mishra(Reuters) - The coronavirus-hit Chinese economy will grow at its slowest rate since the financial crisis in the current quarter, according to a Reuters poll of economists who said the downturn will be short-lived if the…

View photosWorkers wearing face masks rope a container ship at a port in QingdaoBy Vivek Mishra(Reuters) - The coronavirus-hit Chinese economy will grow at its slowest rate since the financial crisis in the current quarter, according to a Reuters poll of economists who said the downturn will be short-lived if…

View photosWorkers wearing face masks rope a container ship at a port in QingdaoBy Vivek Mishra(Reuters) - The coronavirus-hit Chinese economy will grow at its slowest rate since the financial crisis in the current quarter, according to a Reuters poll of economists who said the downturn will be short-lived if…