China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-Covid policy and address a growing property crisis. The country’s traditionally strong housing market has been affected by a funding crisis that has seen development paused and led to buyers […]
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“If Russia fails, all bets are off for the 21st century. And if Russia succeeds as a nation-state in the family of nations, it will owe much of that success to one man, Vladimir Vladimirovich Putin.” – Time magazine, “Putin Man of the Year” in 2007 Admire him or despise him, Russia’s president has put […]
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Reuters reported on August 18 that Washington and Taipei had begun talks under the US-Taiwan Initiative on 21st-Century Trade (USTI) agreed in June. The USTI was reached after Taiwan was excluded from the Indo-Pacific Economic Framework (IPEF) that US President Joe Biden announced during his visit to Asia in May. The IPEF and USTI are […]
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No central bank’s 2022 has been turned upside down more abruptly compared to Yi Gang’s People’s Bank of China (PBOC). That’s saying a lot given the particular economic shocks further complicating the year for US Government Reserve Chairman Jerome Powell amid overheating risks. Or Western Central Bank Chief executive Christine Lagarde fighting an euro with 20-year lows. Or even […]
The post China’ s rate cuts could be too little, too late appeared first upon Asian countries Times .
While the war in Ukraine continues to trend, some are already looking ahead to what will happen once the guns fall silent and the construction function begins. In July, Ukraine’s prime minister estimated that rebuilding the country’s devastated cities, towns and infrastructure would cost US$750 billion. Amid the destruction has come opportunity for others, and Chicken […]
The particular post How Turkey plans to win the particular peace in Ukraine appeared first on Asia Moments .
China’s government will market the use of robots plus machinery arms throughout different industries to obtain fuller automation plus boost industrial productivity, according to officials plus academics. The news comes amid various high-level arrests reflecting disappointment in the lackluster outcomes of recent major purchases in semiconductors, the building blocks of various high-tech areas China aims […]
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SINGAPORE – In a historic unanimous ruling, Malaysia’s Federal Court on Tuesday (August 23) upheld former prime minister Najib Razak’s guilty conviction and a 12-year jail sentence on charges related to a multi-billion dollar corruption scandal at state fund 1Malaysia Development Berhad (1MDB), sealing the 69-year-old’s fate as the Kajang Prison Complex’s newest inmate. Najib, […]
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Tensions between former Pakistan prime minister Imran Khan and the current coalition government are coming to a mind. Khan made a speech in the northern city of Rawalpindi close to Islamabad on Weekend, August 21, looking for a return to office after losing the no-confidence vote within April and becoming ousted as prime minister. Just hrs beforehand, […]
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While China and Spain make new breakthroughs in hypersonic weaponry technology, the US is definitely increasingly focused on acquiring counter-hypersonic technologies to cope with the emerging menace. In an US Unit of Defense (DOD) press interview yesterday, US Deputy Secretary Kathleen Hicks terminated the notion that the YOU are falling from behind in the development and fielding […]
The post US in denial of a hypersonic gap with China’s websites, Russia appeared first about Asian countries Times .
Within the past five years, there is much speculation about repatriation of Rohingya refugees. Recently, the UN High Office for Human Rights, Michelle Bachelet, added a new dimension to the issue. On Aug 16, she stopped at the Rohingya get away in Ukhia, a good administrative region in Cox’ s Bazar district, Bangladesh. The particular Rohingya expressed wish that […]
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