Chinese local government debt reaches ‘boiling point’
The local government of China has amassed debt of about 18.4 trillion Yuan (2.74 trillion dollars) by the end of 2018. The finance of local government is ...
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China’s housing bubble to burst as 65 million apartments remain empty
The housing bubble of China is set to burst as 65 million apartments in the country are empty. The fear of the real estate market crisis adds ...
Australia recognizes West Jerusalem as the capital of Israel
In a major shift in Australian foreign policy, Prime Minister Scott Morrisson has announced that Australia shall recognize West Jerusalem as Israel’s capital. "The Australian government has ...
Significance of PM Modi’s visit to Maldives
Prime Minister Narendra Modi will be visiting the strategically located island nation of the Maldives for the first time on November 17, 2018. The Ministry of External ...
China’s OBOR on decline, India adds pressure with Solih’s election
The dream project of Chinese president Xi Jinping known as ‘One belt one road’ (OBOR) or the 21st-century Maritime Silk Road, is an infrastructure building strategy adopted ...
China’s economy slows down to a 9 year low
The Chinese economy posted quarterly growth of 6.5 percent in September quarter. This is the lowest quarterly growth in the decade, the situation for China was never ...
India to continue oil imports from Iran defying US sanctions
Modi government has decided to continue with the import of Iranian oil despite sanctions from the United States. Public sector refineries, Indian Oil Corp (IOC) and Mangalore ...
Cracks in Chinese economy emerge as banks and tech companies continue to lose billions
The Chinese economy is in shambles as investors pull money out from the ace companies of the country. Tencent Holdings Limited, the Chinese internet giant which operates ...
Big boost for India: U.S. opens way for India to escape sanctions over Russia arms imports
America has imposed sanctions on Russia due to its intervention in Crimea. This led to problems in S-400 air defense missile system deal for which the payment ...
China has weaponized lending practices to prey on weaker regimes.
One Belt One Road (OBOR) initiative or OBOR, is one single country’s initiative to create trade routes that span 3 continents and touch 60% of the world ...
Investors pulling out of Chinese economy with companies defaulting on corporate bonds
The good days for the Chinese economy remain far away, despite all the ground breaking efforts by the government. Private and public companies are zooming towards a ...
How India showed Maldives its place in UNSC
India has continued with its strong and assertive foreign policy under the Modi government. It has emerged as a growing economic power enjoys widespread global popularity and ...
