Sour grapes? European wines left on the rack as China’s consumers cut back

Nicholas Lardy is a non-resident senior fellow at the Peterson Institute for International Economics and a member of the Council on Foreign Relations, both Washington-based think tanks. He has studied the Chinese economy extensively, publishing several books on its growth and development since the late 1970s. His most recent, 2019’s The State Strikes Back, posits a rollback of Beijing’s economic reforms via renewed government intervention into the market. This interview first appeared in SCMP… Source link India News Arunachal ‘inalienable’ part… Express Exclusive: Before Centre… Mamata will not get Matua votes,… 'Violation Of Right To… Stock Market Warren Buffett's…

Hong Kong’s exports grew by 17.5 per cent year on year in October, with authorities expecting the improvement to continue in the near term given consistent moderate global economic growth and easing trade policy uncertainties. The value of goods exported from Hong Kong in the month stood at HK$461.8 billion (US$59.2 billion). The growth, coming on the back of double-digit rises since February this year, further accelerated from the 16.1 per cent increase in September. In particular, exports to… Source link India News Arunachal ‘inalienable’ part… Express Exclusive: Before Centre… Mamata will not get Matua votes,… 'Violation Of Right…

Snapchat has begun asking teenage Australians to verify their ages, the company said on Monday, just weeks before Canberra enforces sweeping laws banning under 16s from social media. From December 10, Australia will force social media platforms, including Facebook, Instagram and TikTok, to remove users under the age of 16 or face hefty fines. “Starting this week, many users will be asked to verify their age to continue accessing Snapchat,” the company said. Users will be able to do so using an… Source link India News Arunachal ‘inalienable’ part… Express Exclusive: Before Centre… Mamata will not get Matua votes,……