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CHINA ECONOMY
Not gold, GDP, military strength or rare earths: Elon Musk, the world’s richest person, says this hidden metric reveals true economic strengthElon Musk has offered a different way to judge the strength of a major economy. In an October 10 post on X, the Tesla and SpaceX chief exec...- Former UK PM Rishi Sunak meets PM Modi; hails his "commitment, work ethic and energy"Former UK Prime Minister Rishi Sunak met Prime Minister Narendra Modi in New Delhi recently. He congratulated Modi on his 25 years of publi...
- Jaishankar says India-China ties moving towards normalcy as border peace improvesIndia and China are moving towards normalcy in their relations following significant improvements in border situations since 2024. External...
- IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
- IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%IMF has increased India's growth forecast for 2026 due to stronger-than-expected economic momentum. Resilient domestic demand and robust se...
- Who is Huang Qifan? Chinese politician and former Chongqing mayor reportedly under investigation for corruptionHuang Qifan, who served as mayor of Chongqing from 2010 to 2016, is currently under investigation. The investigation was confirmed by state...
- Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
- 'If you can't beat them, join them': Uday Kotak backs Chinese investment in IndiaEncouraging a paradigm shift, Uday Kotak of Kotak Mahindra Bank calls for increased Chinese investments in India. He posits that collaborat...
- Nvidia’s share of China AI chip market falls to 34% as Huawei gains groundNvidia's share of China's AI chip market dropped to 34% in the first half of 2026 due to US export restrictions. Domestic competitors like ...
- IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
- India, Gulf gain room to manoeuvre as US-China rivalry reshapes world, says former UK PM Rishi SunakRishi Sunak stated that countries such as India and Gulf nations are shaping global orders independently. He emphasized the increasing geop...
- Nvidia's China AI-chip share falls as Huawei closes gap, report findsNvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies ...
- IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
- Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
- Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
- China says can avoid 'escalation' after EU trade talksChina and the European Union held successful trade talks aimed at managing contentious disputes and avoiding escalation. Chinese Commerce M...
- India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTADGlobal trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by risi...
- China's new development plan includes AI safety goals: XinhuaXinhua said that the Chinese Communist Party's Central Committee and the State Council had issued a set of guidelines "aimed at acceleratin...
- Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTADGlobal trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting...
- China issues guidelines for 'new productive forces' including AIChina is set to implement technology monitoring and risk warning systems to ensure the safety of artificial intelligence. The government wi...
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