A woman selects vegetables at a supermarket in Beijing

Chinese economy is experiencing deflation as price declines for the first time since February 2021

Consumer prices in China fell in July for the first time in almost two years, marking the beginning of deflation in the country’s economy. Read…

View More Chinese economy is experiencing deflation as price declines for the first time since February 2021
China's falling consumer prices will likely lead to more calls for government support to boost domestic spending.

China’s economic difficulties have led to the largest interest rate cut since 2020

China’s central bank unexpectedly lowered key policy rates for the second time in three months on Tuesday, a further indication that authorities are intensifying monetary…

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US President, Joe Biden

Joe Biden on Chinese Economy, as a time bomb due to the nation’s economic difficulties

On Thursday, US President Joe Biden referred to China as “ticking time bomb” due to the country’s economic challenges, which include slow development, but incorrectly…

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Office for National Statistics: Hot weather helped the British economy grow 0.2% in April–June

The British economy surprised everyone by growing in the second quarter of the year. This was mostly due to a strong rebound in June, when…

View More Office for National Statistics: Hot weather helped the British economy grow 0.2% in April–June
PM Modi on Indian Economy

PM Modi: The economy would be among the top three in the world during my third term

Prime Minister Narendra Modi stated on Wednesday that the country will experience unprecedented growth during his third tenure in office, which will propel it to…

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IMF Prediction on economic growth of India

The IMF raised its FY24 India economic growth forecast by 20 basis points to 6.1 percent on Tuesday

Due to the country’s stronger-than-expected growth momentum in the March quarter of FY23, the International Monetary Fund (IMF) on Tuesday increased its economic growth prediction…

View More The IMF raised its FY24 India economic growth forecast by 20 basis points to 6.1 percent on Tuesday