ASIA: China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, an analyst said Thursday. Recent data showed China’s June retail sales fell 1.8% from a year ago, much worse than the 0.3% growth analysts […]

Trump tweeted about postponing the election due to the mail-in voting without proving who you are. There is a lot of fake news running around claiming that the 20th Amendment to the Constitution says the term must end by January 20th. However, this does not specify which January. The 20th Amendment says: The terms of […]

ASIA: China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to bolster the recovery after the shock of the coronavirus crisis. Gross domestic product (GDP) rose 3.2% in the second quarter from […]

The polls will be manipulated to show Trump will lose. While our computer shows he should win, caution is necessary because we are also showing this will be the most corrupt election in American history. The computer had also projected that Gore would have won but the Supreme Court handed that to Bush, and later […]

ASIA: India has conveyed to China the fact that the deadly clash in eastern Ladakh on Monday night will have “a serious impact” on relations between the two countries. Foreign Minister S. Jaishankar shared this with his counterpart in Beijing in a phone conversation today. Both sides agreed not to take “any action to escalate […]

ASIA: China’s Parliament has backed security legislation for Hong Kong, which would make it a crime to undermine Beijing’s authority in the territory. Clashes broke out on Wednesday as Hong Kong’s Parliament debated a different proposed law, which would make it a crime to disrespect the Chinese national anthem. Hundreds of people were arrested in […]

ASIA: India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the coronavirus crisis, rating agency Fitch said on Tuesday. Fitch currently rates India at BBB-, with a stable outlook, but any downgrade would consign its sovereign debt to junk bond territory. The […]

ASIA: India is planning to extend its nation-wide lockdown after many state governments requested to extend the lockdown retaining all or most of the existing curbs. The likelihood of lifting the lid on mass transit such as trains, metros, and flights and on inter-state movement of people appears slim. India’s state governments are demanding help […]

ASIA: India’s policy makers are preparing a plan to carefully analyze a tough trade-off. They are considering a continued lockdown post-April 14, 2020, at the cost of longer-term economic devastation, or a rational “unlocking,” allowing India to return to work. Based on pre-COVID-19 projections of India’s GDP, the average daily GDP value for FY2021 was […]

ASIA: US President Donald Trump has said Washington is in no hurry to sign a big trade deal with India and he is saving the big deal for later on. There was an expectation that India and the US would sign a trade deal next week during President Trump’s maiden visit to Asia’s second-largest economy. […]