Daily Management Review
Economics

China Maintains Lending Rates Amid Yuan Depreciation Concerns

On January 20, 2025, the People's Bank of China (PBOC) announced the retention of its benchmark lending rates for the third consecutive month, a decision influenced by the ongoing depreciation of the yuan. The one-year loan prime rate (LPR) remains at 3.1%, while the five-year LPR is steady at...

India's Shift From Disinvestment To State-Owned Enterprise Overhaul

In a strategic pivot, the Indian government is transitioning from its earlier emphasis on disinvestment to a comprehensive overhaul of state-owned enterprises (SOEs). This move aims to enhance the profitability and efficiency of over 200 public sector undertakings (PSUs), marking a significant...

The Potential Economic Impact Of Sanctions On India’s Oil Imports From Russia

India, one of the world's largest oil consumers, may face a looming economic crisis due to recent U.S. sanctions aimed at curbing Russian oil exports. With these sanctions, India could experience higher energy costs and inflationary pressures, especially as it seeks to maintain its energy demands...

China’s Economic Growth In 2024: Structural Challenges Behind The 5% Growth Target

China’s economic landscape in 2024 has been a mix of achievement and turbulence. While the government celebrated reaching its 5% growth target, concerns about the sustainability and quality of this growth have come to the forefront. A closer look reveals a troubling imbalance, with industrial and...

U.S. White House: Americans cannot make online payments safely

According to a press release on the White House website, U.S. citizens cannot securely conduct online transactions, which results in $56 billion lost each year to identity theft fraudsters. Alongside, the paper released an executive order from the U.S. president focused on enhancing cybersecurity...

EU cuts greenhouse gas emissions by 7% in 2023

Producers across nearly all sectors of the EU economy lowered greenhouse gas emissions from 2013 to 2023. In 2023, emissions from household and economic activities reached 3.4 billion tons of carbon dioxide equivalent (CO2), reflecting a 7% decrease from 2022 and an 18% reduction compared to 2013....

China's EV Market Faces Transition: Beyond Growth To Innovation And Sustainability

China’s electric vehicle (EV) market, which has been a global powerhouse for the past few years, is now at a pivotal juncture. Analysts predict a significant slowdown in growth in 2025, transitioning the industry from rapid expansion to a phase of consolidation, innovation, and redefined...

Navigating Economic Crossroads: Trump's Policy Challenges Amidst A Robust U.S. Economy

As President-elect Donald Trump prepares to assume office, he inherits an economy exhibiting robust health: output is expanding above trend, the labor market is near maximum employment, and inflationary pressures persist. This economic vigor presents a complex backdrop for implementing his proposed...

Quantum Computing Stocks Plummet Following Nvidia CEO's Cautionary Outlook

Quantum computing, once heralded as the next frontier in technological advancement, has recently faced a significant market correction. This downturn was precipitated by remarks from Nvidia CEO Jensen Huang, who projected that the development of "very useful quantum computers" could be two decades...

China’s Push For Green And High-Tech Upgrades Signals Shift In Economic Revival Strategy

In a bid to stimulate domestic demand and reinvigorate its economy, China has unveiled an expanded consumer trade-in scheme and increased subsidies targeting both household goods and high-tech industries. This marks a strategic pivot toward fostering sustainable and technology-driven growth rather...
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