Chinese Economy Raises Concerns
Concerns over deflation in the Chinese economy are spreading despite various economic stimulus measures. Although commercial banks are encouraging consumption by lowering deposit interest rates due to the authorities' threat, the consumer price index has been in negative territory for...
SK Hynix, NTT and Intel to Jointly Develop Semiconductor
On the 29th, Nikkei reported that SK Hynix of Korea, NTT of Japan, and Intel of the United States will jointly develop next-generation semiconductors based on 'photoelectric fusion' technology. This technology replaces electronic processing with light, and if it is...
China turned into a net capital outflow
China turned into a net capital outflow for the first time in five years last year, a report showed. According to the annual data on overseas transactions of bank customers recently released by China's National Exchange Service (SAFE) on the...
China Has Frozen its LPR for 5 Months
China has frozen its loan preference rate (LPR), which is the benchmark interest rate, for five months. Analysts say that although the possibility of deflation (a phenomenon in which prices fall and economic activity stagnate) has increased, the Chinese authorities...
Ahead of Elections, Indonesia Hires Voting Managers
A month before the presidential and parliamentary elections, Indonesia has decided to lower the age of application and mandate health status verification procedures as it hired voting managers. The measure was taken to prevent the same from happening again after...
China’s GDP Reaches 5.2% in 2023
China's gross domestic product (GDP) growth rate reached 5.2% in 2023. Although the Chinese authorities' target of "around 5%" growth has been achieved, the future economic outlook is not bright due to external variables such as a slump in the...
Jack Ma Ventures into Ready-Made Meals with “Ma’s Kitchen”
Jack Ma, the founder of Alibaba, has entered the food business with his latest endeavor, "Ma's Kitchen," a startup based in his hometown of Hangzhou, China. The company, officially registered last week, will primarily engage in the sale of pre-packaged...
India’s Economic Resurgence in Contrast to China’s Slowdown
India's economy, often likened to an elephant due to its perceived slow start but formidable impact, has shifted into a steady trot, gaining global attention and confidence. In contrast, China, the traditional engine of global growth, is experiencing a significant...
Vegetable Prices Plunged Amid Deflation in China
China's economy is showing signs of abnormality, with vegetable prices recently falling amid deflation concerns. At this rate, the economy, which is only showing signs of recovery, is expected to return to a recession as if it had done so....
Profit of China’s Industrial Sector Increased
In October 2023, corporate profit in China's industrial sector increased 2.7% year-on-year, Xinhua Network, reported on the 27th. Based on data released by China's National Bureau of Statistics on the same day, the media reported that the gross profit of...
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