COMMENT: Hello Mr Armstrong, In regards to your comments on “The-Real-Agenda-Reply”, I’d like to make a remark to where you said that Russia and China will defend their people; I wish that your statement were true but unfortunately, looking at their vaccine policies, either country seems to have the least interest taking up defence […]

ASIA: according to a new ranking, which predicts the Chinese economy will grow faster than India’s over the next decade. The data shows that China was able to increase its ranking despite US tariffs by exporting to other regions. India’s benchmark stock index—the NSE Nifty 50—crossed 16,000 for the first time Tuesday as investors bet […]

ASIA: The Reserve Bank of India’s Monetary Policy Committee began its bi-monthly deliberations today amid expectations of keeping repo and reverse repo rates unchanged on the back of the fear of the third COVID-19 wave. The monetary policy outcome will be announced on Friday, August 6, 2021. Analysts expect MPC to retain the policy interest […]

ASIA: China’s government issued new procurement guidelines in May that require up to 100% local content on hundreds of items, including x-ray machines and magnetic resonance imaging equipment, erecting fresh barriers for foreign suppliers, Reuters reported. Document 551 was issued on May 14 by the Chinese Ministry of Finance and the Ministry of Industry and […]

ASIA: A report published by US-based Peterson Institute for International Economics said that China’s purchases of U.S. goods are still falling short of trade agreement levels, even as overall Chinese imports from the U.S. have surged. In January 2020, before the coronavirus pandemic and under former U.S. President Donald Trump, China agreed to buy at […]

ASIA: The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for China this year because of the patchy recovery from new coronavirus variants, as Beijing focuses on reducing debt and public investment. The Washington-based organization trimmed China’s gross domestic product (GDP) growth estimate to 8.1 per cent, down from April’s projection of […]

ASIA: Intel Corp said on Monday its factories will start building Qualcomm Inc chips and laid out a roadmap to expand its new foundry business to catch rivals such as Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd by 2025. Intel said on Monday it expects to regain its lead by 2025 and described […]

ASIA: China’s central bank on Friday said that non-bank payment firms must report plans for overseas initial public offerings and other major events. This is the latest move in a widespread regulatory squeeze on the country’s tech firms. Non-bank payment firms should report both domestic and overseas listing plans, the People’s Bank of China (PBOC) […]

ASIA: China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging […]

ASIA: China’s central bank cut the amount of cash most banks must hold in reserve. The People’s Bank of China will reduce the reserve requirement ratio by 0.5 of a percentage point for most banks, according to a statement published Friday. That will unleash about 1 trillion yuan ($154 billion) of long-term liquidity into the […]