Economic developing countries news coverage

China: UK can’t ‘write countries off’ for trade links despite human rights concerns, says Business Secretary Kwasi Kwarteng

The UK should not “write whole countries off” when it comes to trade despite concerns over human rights violations. Sky News reports Prime Minister Boris Johnson has come under pressure from senior Conservative MPs after being accused of “naivety” in Britain’s relationship with China. It follows the publication of the government’s wide-ranging review of foreign, defence and security […]
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U.S. and China may meet at Singapore’s ‘Davos’, WEF says

United States President Joe Biden’s new administration may hold meetings with Chinese counterparts at a World Economic Forum meeting in Singapore in May, the organisation’s president said on Friday. By Reuters News  Borge Brende was speaking in a virtual dialogue with Singapore’s prime minister, who called for a reset of the relationship between the two […]
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China to leapfrog U.S. as world’s biggest economy by 2028: think tank

China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said. According Reuters report that for some time, an overarching theme of global economics has been the economic and […]
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iCAAR is calling for the world to combat racial discrimination.

2020 has witnessed an alarming spike in hate incidents against Asians around the world. The surge of openly racist and xenophobic attacks has only exacerbated the dark reality of a cruel pandemic overshadowing the globe. By Jocelyn Eikenburg But this tragic situation has also sparked hopeful activism, forging some new heroes in the battle against […]
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Alibaba stock slides despite strong earnings, as Ant Group IPO concerns linger

Shares of Alibaba, the Chinese e-commerce giant, fell Wednesday on slowing sales growth and concerns about a delay in the initial public offering of financial tech firm Ant Group, one of its top investment holdings. From CNN Business Alibaba (BABA) reported third-quarter earnings Wednesday that easily topped estimates, as well as revenue growth that was roughly in line with […]
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