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New York: The race to replace China’s top spot in emerging market (EM) equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals. Thanks to record stock rallies, Taiwan and India now command more than 19% weightings each in the MSCI EM Index. That...
China’s underperforming reopening is dragging down the global economic recovery, the IMF said on Tuesday, despite keeping its forecast for China’s growth unchanged. Maintaining its forecast of 5.2 per cent economic growth for China this year came in contrast to the International Monetary Fund’s upward revision on both India and...
HANGZHOU: Since the start of the year, vlogger Zhang Jiayi’s typical working day has looked like this: Talking morning walks with her parents, accompanying them to the market for groceries, preparing lunch, then taking a nap before tending to other chores. The 31-year-old is a “full-time daughter”, a concept —...
New Delhi , April 10: Days after India rejected its attempts to rename some places in Arunachal Pradesh, China has again sought to make comments about the Indian border state saying it "opposes" the visit of Home Minister Amit Shah. "China firmly opposes the Indian official's visit to Zangnan as Zangnan is China's territory and...
ISLAMABAD: A nearly $4.5 billion hole has surfaced in Pakistan’s external financing plan and its budget may also overshoot by another Rs1 trillion due to the understatement of debt expenditures, which may become a serious issue during the first review of the International Monetary Fund programme. Both the problems of...
Gilgit-Baltistan , April 25: The Gilgit-Baltistan government in Pakistan-occupied Kashmir has begun an operation to remove illegal electricity connections and special transmission lines to government offices. The decision has been taken as local residents face up to 18-hour-long power outages. The Gilgit-Baltistan water and power department in cooperation with district...
The European Union wants to retain its industrial edge and competitiveness in a world shifting more to digital and green products, but has found itself worryingly dependent on others, particularly China for critical minerals. As geopolitical tensions rise, after Russia's invasion of Ukraine and with a U.S.-China standoff, risk is...
Generative artificial intelligence, the technology that viral chatbot ChatGPT is based on, could be the new battleground in the battle for tech supremacy between the U.S. and China, according to one analyst. Despite the two nations seeking better relations after U.S. Secretary of State Antony Blinken met with Chinese President Xi...
The leadership of the Central Tibetan Administration in exile has welcomed Presidential assent to the Resolve Tibet Act in the U.S. Welcoming President Joe Biden’s signature on the Act, Sikyong Penpa Tsering has vowed to campaign for the Tibetan issue through “non-violent means”. The approval of the Resolve Tibet...
“Festive fever” is how the Singapore Chinese Cultural Centre describes the national mood in the run-up to Chinese New Year on February 10th. A different fever troubles the government of Singapore: how to deal with China’s allegedly extensive influence operations in the city-state. This month a sweeping new law...