by AIP Online Bureau | Jan 15, 2023 | Eco/Invest/Demography, International News
Strict lockdowns, quarantines and compulsory mass testing prompted abrupt closures of manufacturing facilities and businesses in major hubs — like Zhengzhou, home of the world’s biggest iPhone factory — and sent reverberations across the global supply chain China’s...
by AIP Online Bureau | Dec 31, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
“Manufacturing and consumption both declined as Covid situation brought relatively big impact to enterprises, personnel on duty and logistics,” the statistics bureau said in a statement accompanying the data release China’s abrupt reversal of its Covid Zero policy...
by AIP Online Bureau | Dec 24, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
In order to reach the level of an upper middle-income country, the per capita income will have to be at a minimum of USD 13,205 and that will take more than two decades of strong growth of between 8 to 9 per cent to achieve it. Achievement of a USD 5 trillion economy...
by AIP Online Bureau | Dec 23, 2022 | Eco/Invest/Demography, Health, Intermediaries, Non-Life, Pandemic
Analysts have forecast China’s economic growth to slump to 2.8-3.2 per cent this year, which would be the lowest in five decades. China has, for the first time, officially acknowledged Covid deaths in recent weeks. This has given credibility to reports of heavy...
by AIP Online Bureau | Dec 21, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
Shaktikanta Das,governor, Reserve Bank of India RBI governor Shaktikanta Das on Wednesday said underlying economic activity in India continues to be strong, but external factors will cause some ”dent” to the economy Mumbai: India’s central bank chief...