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China Crisis Series

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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

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

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

FED Quietly Initiates Money Printing, Sparks Bitcoin Price Surge Speculation

One chart stands out as a beacon of optimism for Bitcoin and its peers in the complex landscape of cryptocurrencies. With the revival of the US money supply, investors face a critical moment. As the printing machines...

Ethereum ETFs: All Pending SEC Applications in a Bid for Regulatory Approval

Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry analysts are asking when the US Securities and Exchange Commission (SEC) will approve an Ethereum counterpart. For those who...

Tron Founder Justin Sun Bags 2M Tokens From EigenLayer Airdrop, Boosting Crypto Clout

Justin Sun, the founder and CEO of Tron (TRX), stands to benefit significantly from the EigenLayer token airdrop. He received over $2 million in EIGEN tokens as part of EigenLayers Phase 1 airdrop. acquiring a staggering...

Apple Nearing OpenAI Deal, Bringing ChatGPT to iPhone in iOS 18

Apple Inc. is on the brink of a breakthrough agreement with OpenAI, as sources reveal plans to incorporate the latters ChatGPT technology into the upcoming iOS 18. This move signals Apples robust stride into artificial...

Starlink Satellites Withstand 2024's Strongest Geomagnetic Storm

Starlinks satellite service withstood the most intense geomagnetic storm observed since 2003, maintaining connectivity amid widespread service disruptions. Starlinks Robust Network Tested by Geomagnetic...