In a statement the Indian government said, it has attracted foreign direct investment (FDI) to the tune of $22.53 billion during the first three months of the fiscal year starting from April 1; this is 90% higher than the April-June… Read More ›
reforms
China wants a boost in global trade & service ties : Xi Jinping
On Thursday, in a significant development, Chinese President Xi Jinping stated, Beijing will reduce its tariffs and expand imports of high-quality goods and services; he also vowed to push reforms and promote an innovation-driven growth model. The development comes in… Read More ›
Chinese regulators abruptly suspend Ant Group’s dual IPO listing
In a significant development, Chinese Ant Group’s record $37 billion initial public offering has been suspended with Chinese regulators describing the move as reasonable and necessary. The suspension was just days before its dual debuts in Hong Kong and in… Read More ›
WTO’s ruling on U.S.-China trade war, underpins U.S. arguments for reforming trade body
In a significant development, the World Trade Organization found that U.S. trade tariffs on China were in breach of global trading rules. In a statement, the Trump administration said, its more than $200 billion trade tariffs on China was justified… Read More ›
Flight schedule of Air France not affected by Jan. 6 & Jan.7 strike
In a statement, Air France said, its flight schedule for January 6 and January 7 will not be affected by the calls for strike by some crew unions. The French government has initiated reforms in the nation’s pension system. “On… Read More ›
California insurance regulators proposes reforms on group discounts in auto insurance
On Monday, the California Department of Insurance proposed reform measures which includes ways for insurers to include more people from low-income families. Currently insurers offer group discounts based on education, occupation, and other factors, to the detriment of low-income families…. Read More ›
Trump target China’s ‘developing nation’ at the WTO
How can China be a developing nation when its GDP is the second largest in the world ? In a development that will have major repercussions on the Chinese economy, U.S. President Donald Trump has pressed the World Trade Organization… Read More ›
Trump has broad support for his trade reform push against China
Trump is determined to fix China’s trade relationship with the U.S., an issue that he has railed against for years, long before he even stood for the U.S. Presidency. Although U.S. President Donald Trump’s “America First” policy has angered many… Read More ›
U.S.-China faces chasm over structural economic reforms
China has done little to address core U.S. concerns on respecting and adhering to international standards on intellectual property rights and forced transfer of U.S. technology to Chinese firms. Unless there is a verifiable way to ensure Beijing sticks to… Read More ›
Ralf Brandstaetter to be named as VW’s Chief Operating Officer
Ralf Brandstaetter will assume the new role in addition to his existing responsibilities. On Tuesday, German daily Bild reported citing a source familiar with the matter at hand as saying, Volkswagen, Europe’s biggest carmaker, is likely to name Ralf Brandstaetter… Read More ›
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