Enterprises encouraged to bolster support for economic globalization Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. The premier warned that amid the sluggish global economic recovery, protectionist moves and overstretching of security are harming global industrial and supply chains, further driving up enterprise costs, reducing …
Rating agency Moody's maintained outlook for the government of India to be stable. Maintaining stable outlook, Moody's noted India balances its large and diversified economy with high growth potential, a relatively sound external position, and a stable domestic financing base for government debt against high general government debt, weak debt affordability and low per capita income. Following a series of …
Ratings agency Moody's has affirmed BAA3 rating on India and maintained a 'stable' outlook on the Indian economy. India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating remains at Baa3, while the other short-term local-currency rating stands at P-3, said Moody's in a statement on August 18. The Indian economy is likely to grow at 6.5 …
Qingdao's economy maintained stable growth from January to November this year, as the local government has effectively coordinated epidemic prevention and control and economic and social development and promoted the implementation of package policies and measures to stabilize the economy. Official statistics showed that major indicators such as industry, investment, imports and exports continued to improve in the city, confirming …
Hong Kong: The US and China are edging closer to resolving differences on currencies that have bogged down economic talks for nearly two decades. With both nations inching towards a trade deal that’s expected to include a provision for China to hold the yuan stable, US President Donald Trump is shifting his gaze to the dollar’s strength. China’s yuan surged …
