Moody’s warns of China’s economic slowdown
Moody's Investors Service is expressing mounting apprehension over the sovereign creditworthiness of Asia-Pacific countries in 2024. Their negative outlook stems from a combination of factors:...
Tag : China
Unprecedented turmoil hits China’s mutual fund market
The Chinese mutual fund industry is undergoing a significant upheaval, evidenced by the highest number of fund closures in the past five years. This trend,...
Economic downturn hits China’s global standing
Despite meeting its 2023 growth target with a 5.2% increase in real GDP, China has encountered a notable economic setback. For the first time in...
Avalanches strand 1,000 tourists in Xinjiang
In a remote village in China's Xinjiang region, around 1,000 tourists are stranded following a series of avalanches that have blocked access routes. The incident,...
Northwest China quake leaves 149 dead and two missing
In a recent update from state media, the death toll from a powerful earthquake in China's northwestern provinces has risen to 149. This significant seismic...
China in the grip of harsh winter as sub-zero temperatures affect millions
China is currently grappling with an intense cold wave, which has led to significant disruptions across the nation. The cold front has caused temperatures to...
WHO probes rise in respiratory illnesses in China
The World Health Organization (WHO) has intensified its focus on China, calling for comprehensive details regarding a surge in respiratory illnesses and specific instances of...
Chinese generosity unmasked as Pakistan drowns in stealth debt
The strategic alliance between China and Pakistan, especially in economic arenas, has recently come under scrutiny. A U.S.-based research lab, AidData, has released a report...
LVMH experiences a sharp sales slowdown as shares plummet
Luxury giant LVMH witnessed a dramatic plunge in its shares, falling by as much as 8% on Wednesday. This substantial dip came in the wake...
IMF recognizes India’s economic prowess under Modi’s guiding hand
As the world grapples with economic uncertainty, India has unfurled itself as a paradigm of growth and innovation, a transformation fueled by policies set into...