Post Tagged with: "politics"

Pakistan charts a new course under the PTI

Pakistan charts a new course under the PTI

Author: Sajjad Ashraf, Islamabad Pakistan?s politics remained typically bumpy during 2018. The year centred initially on former prime minister Nawaz Sharif, who was disqualified from holding public office for life and sentenced to a 10-year prison term for possessing undeclared wealth. Sharif?s daughter, his chosen political heir, was sentenced to […]

Can China walk out of economic difficulties by relying on its old playbook of debt?

Can China walk out of economic difficulties by relying on its old playbook of debt?

China is banking on a new wave of debt-fuelled infrastructure spending to arrest a deepening economic slowdown, but the surge in local government debt may complicate Beijing?s long-term efforts of reining in financial risks in its economy. In an unusual move last week, China?s National People?s Congress Standing Committee authorised […]

China must quickly ?quench the immediate thirst? of a deepening economic slowdown, senior economist Yu Yongding says

China must quickly ?quench the immediate thirst? of a deepening economic slowdown, senior economist Yu Yongding says

Arresting a deepening economic slowdown, not making ?baseless? deep-rooted structural reforms, should be the top priority for China?s economy in 2019, a senior economist said. Yu Yongding believes Beijing needs to take every possible measure, including increasing money supply and boosting fiscal spending, to prevent the world?s second largest economy […]

China economy endures bad start to 2019 as private data highlights weakening manufacturing sector

China economy endures bad start to 2019 as private data highlights weakening manufacturing sector

China?s slim hopes of an economic upturn in 2019 suffered a blow on the first working day of the new year as a privately compiled economic gauge showed signs of weakening manufacturing activities. The Caixin Purchasing Managers? Index (PMI), which tracks the activities of small and medium-sized enterprises, dipped below […]

Pharma firms face shake-up with China?s plan to bulk-buy drugs

Pharma firms face shake-up with China?s plan to bulk-buy drugs

China?s plan to drive down generic drug prices through a centralised bulk procurement programme is set to redraw the industry by forcing its thousands of small generic drug makers to streamline and consolidate after decades of enjoying outsized profit margins. ?There won?t be a second act for traditional generic drug […]