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BEIJING FISCAL POLICY
Chinese tech, investments welcome, but trade opening needs caution: CII PresidentChinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan...- Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
- Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
- Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
- Chinese production continues despite tech transfer curbsChinese electronics companies are pushing ahead with their India expansion. Brands like Hisense, Haier, and Oppo are increasing local manuf...
- From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- China's economy slows in April as output, retail sales disappoint in blow to outlookChina’s industrial output growth slowed to 4.1% in April from 5.7% in March, missing market expectations of a 5.9% rise, official data show...
- Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...
- Nvidia stock hits new all-time high as NVDA nears historic $5.5 trillion valuation amid explosive AI rally - Could Nvidia stock still rise higher from here?NVDAjust crossed another historic line on Wall Street. Nvidia stock surged to a fresh all-time high Wednesday, briefly pushing the company’...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- Anticipating the inevitable: What India must learn from prepared economies in an age of recurring crisisGlobal markets are reacting to the expectation of disruption. Countries that prepare for crises in calm times fare better. China and Russia...
- China says to raise deficit, boost spending next year: State mediaChina plans to raise its fiscal deficit to increase spending next year and support its struggling economy. The finance minister announced i...
- China vows to issue more debt, cut interest rates next yearChina pledged to boost its economy amidst rising trade tensions with the US and internal economic challenges. The government will increase ...
- Fitch 'neutral' on China, flags realty risksChina's economic growth will moderate to 4.6% next year from 5.3% in 2023, the ratings agency said in a Wednesday report titled "Greater Ch...
- China plans over $143-bn push to boost domestic chips, compete with US: SourcesBeijing plans to roll out one of its biggest fiscal incentive packages over five years, mainly as subsidies and tax credits to bolster semi...
- China will strive to make up economic losses caused by coronavirus: President Xi JinpingThe government will make fiscal policy more proactive, and prudent monetary policy more flexible, China Central Television cited Xi as sayi...
- China will strive for positive economic growth this year: Premier LiChina does not need a massive stimulus but growth remains important, and liquidity will be increased because "exceptional situations call f...
- China announces shift to 'prudent' monetary policyChina will switch to a prudent monetary policy from a moderately loose stance, the Communist Party's top leaders have decided, the state Xi...
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