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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

How popular is China in Africa? New survey sheds light on what ordinary people think

Nov 18, 2020 03:36 am UTC| Economy

Its been 20 years since the Forum on China-Africa Cooperation was first held. Another summit is planned for September 2021 in Dakar, Senegal. Meanwhile, Chinese and African officials are reviewing and reflecting on their...

China Crisis Series

China makes it hard for foreign businesses to work there -- but businesses keep chasing profits there

Oct 20, 2020 00:03 am UTC| Economy

Doing business in China can be a difficult and contentious proposition for companies in many countries. Yet even with charges of intellectual property theft, forced partnerships and tight restrictions on doing business,...

China Crisis Series

China's leaders are strong and emboldened. It's wrong to see them as weak and insecure

Sep 09, 2020 06:29 am UTC| Politics Economy

Theres an emerging view that Chinas belligerent approach and torching of diplomatic relationships with the wider world is a sign of insecurity and weakness; that its economic growth is unsustainable; and that everyone in...

China Crisis Series

Chinese factory activity dip slightly due to floods

Sep 01, 2020 06:30 am UTC| Economy

Chinese factory activitys Purchasing Managers Index (PMI) slipped slightly in August to 51.0 from 51.1 in July due to widespread floods. The PMI, a key gauge of manufacturing activity in China, was also below Bloombergs...

China Crisis Series

China has a new way to exert political pressure: weaponising its courts against foreigners

Jul 02, 2020 15:58 pm UTC| Insights & Views

The death penalty is not uncommon in China. Authorities continue to execute thousands of people each year, more than all other nations combined. However, for Australian Karm Gilespie, convicted for drug-smuggling...

China Crisis Series

Indian trade body demands 'country of origin' info to identify boycotted Chinese goods

Jun 21, 2020 23:38 pm UTC| Economy

The Confederation of All India Traders (CAIT) wants every e-commerce portal to mention country of origin on each product being sold so that Indian buyers can avoid Chinese goods. According to the CAIT, which has...

China Crisis Series

China: victory over coronavirus will be heralded as boost for Xi Jinping's brand of Marxism

May 29, 2020 14:12 pm UTC| Politics

In the run-up to Chinas 13th National Peoples Congress (NPC) on May 22, the chairman of its Standing Committee, Li Zhanshu, said how important it was that the session was being held in the middle of the global coronavirus...

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Economy

China imposes 212% tariffs on Australia's wine, claims dumping

Chinese regulators would impose tariffs of between 107.1 and 212.1 percent on Australian wines after finding preliminary evidence of dumping, causing material damage to the domestic wine industry in China. An...

Oil price reaches highest level since March due to promising vaccine, Biden transition

Oil surged to $47 a barrel Tuesday, its highest level since in March on Tuesday, due to AstraZenecas promising coronavirus vaccine that spurred demand recovery hopes and US President-elect Joe Bidens transition to the...

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Taiwanese MIB and M2 money supply continued to record solid growth in the month of October. On a year-on-year basis, MIB money supply grew 12.85 percent, while M2 money supply rose 7.05 percent in the month. This is the...

UK inks stopgap trade deal with Canada to get ready for Brexit

The UK signed a stopgap agreement with Canada, allowing trade between the two countries to continue under the same terms as Canadas existing treaty with the EU. The two countries are working on a new bilateral...

UN agency's heavy fuel oil ban in Arctic criticized as outrageous

The Clean Arctic Alliance criticized as outrageous the UN agency International Maritime Organizations (IMO) ban on the use and carriage of heavy oil fuel (HFO) by ships in Arctic waters as it would come into effect only in...

Politics

Barack Obama says Drake can play him in a biopic

There have been several screen adaptations that portrayed former President Barack Obama over the years. However, should there be another screen adaptation of the former president again, Obama has already given his approval...

Joe Biden victory: President-elect gains more votes in Wisconsin county recount

States are beginning to certify the wins received by president-elect Joe Biden as he moves forward to building his incoming administration before getting inaugurated by January. Following a recount of votes in Wisconsin,...

Melania Trump reportedly in talks to write a memoir with support from husband Donald Trump

Many political figures have often ventured into writing memoirs about their time as active public servants or even in the midst of their tenures. Outgoing first lady Melania Trump may soon be one of them as she is...

Donald Trump defeat: Supporter demands his $2.5 million donation be refunded in lawsuit

Donald Trump and his allies have continued to push their claims of voter and election fraud to court only to be met with overwhelming failure. Now, one of Trumps supporters is filing a lawsuit to demand a refund of his...

Science

Asteroid news: Hayabusa2 samples of Ryugu arriving at Earth in two weeks

Space agencies all over the world are already ahead of us in tackling possible asteroid collisions that may happen in the future. Japans own space agency is already making progress in studying one particular asteroid,...

Asteroid alert: Mysterious minimoon to make an approach to Earth next week

Back in September, astronomers were left speculating about the asteroid 2020 SO even after it was first spotted approaching our planet. As the mysterious space object makes itself visible again, astronomers now have...

Reincarnation: Top NASA scientist believed there is scientific proof of life after death

One of the biggest mysteries in life is the concept of the afterlife, something that could only be viewed in a more spiritual sense than scientific. However, one top NASA scientist believed that there is scientific...

Climate change warning: Antarctica's ice sheet may become unstable if global warming continues

The whole world may be suffering from climate change, but the icy region of Antarctica is among the worst-hit. As the ice has already melted at a concerning rate, scientists have warned that the ice sheet of the continent...

Technology

OnePlus 9 design leaks online while fans hope for specs upgrades

Smartphone fans can count on OnePlus to announce its annual lineup of flagship, premium smartphones. For next year, people are already building expectations on the upgrades that could be included in the OnePlus 9....

Samsung Galaxy Note 21 is reportedly still in the pipeline

There have been reports that Samsung will discontinue the Galaxy Note line this year after one of the upcoming Galaxy S21 devices is rumored to add S Pen support. However, more recent updates from insider reports are...

HBO greenlights ‘The Last of Us’ TV series adaptation

Naughty Dogs popular action-adventure franchise continues to thrive even beyond the video games industry. HBO recently confirmed that it ordered the The Last of Us adaptation into a TV series. The Last of Us release...

‘Forza Horizon 5’ release date could happen in 2021

Xbox fans who also love racing games might be getting a new Forza game way sooner than they expected. A known gaming journalist reported that Forza Horizon 5 could be released as soon as 2021, even before the already...
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