China's central bank is struggling to stabilize the exchange rate of the Chinese yuan (CNY) against other major currencies. When China's central bank asks large lenders to refrain from immediately squaring their foreign exchange positions and to run open positions for a while, they are essentially trying to influence the foreign exchange market in a way that prevents rapid … [Read more...] about China’s central bank is struggling to stabilize the exchange rate of the Chinese yuan
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The outlook for China’s property sector downgraded by Moody
Moody's Investors Service has downgraded the outlook for China's property sector to negative from stable, citing the challenges facing the sector and the broader economy. The ratings agency said it expects contracted sales to fall by about 5% over the next six to 12 months, and that the impact of government measures to boost property purchases is likely to be short-lived and … [Read more...] about The outlook for China’s property sector downgraded by Moody
The China-Russia Relationship: A Complex Strategic Partnership
China and Russia are strategic partners in their pursuit of challenging the existing global order, which they perceive as dominated by the United States and its allies. They align on several key issues: Opposition to U.S. Leadership: Both China and Russia share a common goal of diminishing U.S. global influence and have cooperated in various international forums to counter … [Read more...] about The China-Russia Relationship: A Complex Strategic Partnership
BRICS is dead on arrival
The BRICS (Brazil, Russia, India, China, and South Africa) grouping has been around for over 15 years, but it has yet to live up to its full potential. Some critics argue that the BRICS is dead on arrival, pointing to the fact that the member countries have different political systems, economic interests, and development levels. They also argue that the BRICS has been unable to … [Read more...] about BRICS is dead on arrival
The global Mobile Network Operators (MNOs) market is expected to grow
The global Mobile Network Operators (MNOs) market is expected to grow from USD 130 billion in 2022 to USD 180 billion by 2030. The growth of the market is being driven by the increasing demand for mobile data and voice services, the growing adoption of 5G networks, and the increasing penetration of smartphones. Here are some of the key trends that are driving the growth of … [Read more...] about The global Mobile Network Operators (MNOs) market is expected to grow