Economy
World / Countries / MNCs
New York: Top US investment management firms are currently engaged in hiring in Europe as China's earlier followed strict Zero COVID policy and rising geopolitical tensions have pushed them to redouble their search for growth outside China, media reports said. more
Report shows Kenya’s reliance on China proves to be a sour experience

Nairobi: Kenya's over-dependence on China is slowly leading to trouble, experts believe.

China registers second-lowest annual economic growth rate in decades

Beijing: China's economic state witnessed one of its slowest growths in several decades amid COVID-19 infection surge in recent times.

China's reopening policy fails to save mutual fund industry for another year: Reports

Beijing: China's reopening policy has arrived too late and this has failed to save the country’s mutual fund industry from another dismal year, media reports said on Saturday.

China: Shrinking working-age population may hit global economy

Beijing: China's working age population, which is defined as those aged between 15 and 64, has declined from the peak of 997 million in 2014 to 986 million last year, media reports sa ...

China's COVID-19 surge affecting factories and consumer market

Beijing: China's COVID-19 surge is troubling the economic state of the country, media reports said on Tuesday.

Sri Lanka’s debt to China close to 20 pct of public external debt, study reveals

Colombo: A study has found Sri Lanka owed Chinese lenders $7.4 billion - nearly a fifth of its public external debt - by the end of last year, media reports said on Wednesday.

Economy slowdown plunges fortunes of China's super-rich

Beijing: China’s super-rich have seen their wealth fall by the largest amount in over two decades, as the Russia-Ukraine war, Beijing’s zero-Covid measures and falling local s ...

China: iPhone 14 Pro, iPhone 14 Pro Max supply to be badly impacted due to COVID-19 restrictions

Tech major Apple on Monday said COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou region of China.

COVID-19 concern: Chinese stocks tumble to multi-year lows in New York and Hong Kong

Hong Kong: China's growing struggle with COVID-19 is evident in the market as the country's stocks have hit multi-year lows in New York and Hong Kong, media reports said on Saturd ...