Mar 31, 2018

Chinese Dragon Yawns At Trump On Trade War Front

    China to import $8tn of goods in next five years: foreign minister     China will import $8 trillion of goods and attract $600 billion of foreign investment in        the next five years, Foreign Minister Wang Yi said on Friday. China’s overseas investment will reach $750 billion in the next five years, the foreign ministry said in a statement on its website, citing Wang at a conference in Vietnam. Wang said...

Mar 20, 2018

The World Bank noted three biggest challenges before the Indian economy : March 2018

Temporary economic disruptions caused by demonetisation and the GST are over and India can grow at 7.5% in the next two years, but for the country to join the join the ranks of middle-income countries, it needs an 8% plus GDP growth for 30 years. This could be quite challenging as the historic trend show that even as India’s economic growth has been stable and resilient, the 8% growth lasted only one to two years, and corrected sharply...