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At this year’s China Development Forum (the highest-level annual meeting between senior Chinese policymakers and top CEOs, current and former policymakers, and academics like me), the discussion focused squarely on the risk of China falling into the dreaded ‘middle-income trap.’ After all, few emerging economies have successfully joined the ranks of high-income countries. Will China be an exception to this pattern? Following 30-plus years in which China achieved annual growth rates close to 10%, its economy has slowed sharply this decade. Even last year, with a strong rebound from the “zero-covid" era, officially measured growth was only 5.2%.

Maharashtra Navnirman Sena has announced support for NDA in the forthcoming Lok Sabha elections. MNS would unconditionally support NDA, for Prime Minister Narendra Modi's sake, party president Raj Thackeray said during a rally in Mumbai's Shivaji Park on Tuesday. «The country needs strong leadership. I told them I don't have any expectations; for Narendra Modi, I am extending unconditional support for BJP, Shiv Sena, NCP,» Thackeray said. «The Maharashtra chief minister has been telling me for a year or so that we should come together. Fadnavis also said the same thing. I didn't understand what it meant. So, I met home minister Amit Shah… I have told Fadnavis that I don't want any LS seat or Rajya Sabha seat, but I want a strong leadership for the country to resolve issues,» Thackeray said.

Russia and China have pledged to deepen their growing alliance and shared opposition to what they describe as the U.S.’s attempts to dominate the world order, with Moscow again seeking to boost trade with Beijing as it looks for new ways to bypass the Western sanctions imposed for its war on Ukraine. Russia’s Foreign Minister Sergei Lavrov met with Chinese leader Xi Jinping in Beijing on Tuesday after the U.S.

PNP) in 2024, reported CIC News. This number represents a hike of 5,000 nominations over 2023’s 16,500. Ontario got more allocation after a meeting last November where immigration ministers from all Canadian regions met with Federal Minister Marc Miller to discuss immigration's effects on their areas.

global capability centres (GCCs) in India slowed in the year to March based on a dipstick survey of 80 companies by specialist staffing firm Xpheno for ET. While India remains a hotspot for GCCs, with the number of such centres growing, the segment added a net 50,000-80,000 people in FY24, down from 150,000 in FY23.

Salvage crews have begun removing containers from the deck of the cargo ship that crashed into and collapsed the Francis Scott Key Bridge in Baltimore, an important step toward the full reopening of one of the nation’s main shipping lanes

U.S. Treasury Secretary Janet Yellen has met with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences

BEIJING—When Treasury Secretary Janet Yellen met her Chinese counterpart in Switzerland early last year, she tiptoed around controversial issues, only raising trade disagreements during a brief, one-on-one coffee break with Liu He, then China’s vice premier, according to people familiar with the meeting. In China over the past few days, Yellen wasn’t so shy. She hammered Chinese officials for exporting too many clean-energy goods, warning regional officials, as well as Vice Premier He Lifeng and Premier Li Qiang, to scale back industrial production.

The fund initially had its rating suspended but this has since been entirely removed after analysts met with the vehicle's new manager, Talib Sheikh, who they argued is likely to «evolve» the investment approach of the fund. This is due to the «fluid macroeconomic environment» Sheikh believes will mark the coming years, which has sparked a «more flexible and dynamic» style of management. Manager Jeremy Podger and multi-asset head Eugene Philalithis to retire from Fidelity As such, Square Mile analysts argued they would «prefer to see how the combination of the changes to the team a...

BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing's need to shift its policy on industry and the economy.

Mandi seat. The Bhartiya Janata Party (BJP) has fielded actor-politician Kangana Ranaut from Mandi - one of the four seats in the hill state going to polls in the last phase on June 1. Mandi seat is presently represented in the Lok Sabha by Vikramaditya’s mother, Pratibha Singh, who is also the state party president.

PTI. “The ship was sailing to Singapore from Indonesia. We got a call on Friday night from the shipping company's Mumbai office, saying our kid had vanished while he was on board.

Prime Minister Narendra Modi's roadshow in Jabalpur which marked the beginning of BJP's Lok Sabha campaign in Madhya Pradesh, nearly four people were injured after a stage collapsed at the event on Sunday. The injured people, including a police personnel, were admitted to the city's Victoria Hospital. Later in the day, Madhya Pradesh minister, Rakesh Singh met with the injured people and said that all of them were fine and receiving proper treatment.

TMC alleged on Sunday an "unholy alliance" between the National Investigation Agency (NIA) and BJP ahead of elections, even as the central agency denied any mala fide intention in its probe and labelled the entire controversy as «unfortunate.» A team of the NIA was allegedly attacked by a mob on Saturday when it went to arrest two main suspects in a 2022 blast case in West Bengal's Purba Medinipur district, sparking a political slugfest with Chief Minister Mamata Banerjee accusing the investigators of assaulting the villagers. Amid allegations of the NIA colluding with the BJP and attacking the villagers at Bhupatinagar, the central investigating agency on Sunday dubbed the entire controversy as «unfortunate» and rejected any allegations of malice in its investigation. TMC national general secretary Abhishek Banerjee said in a post on X, «Experience the unfolding alliance between the NIA and BJP, orchestrating conspiracies against Trinamool leaders and the Model Code of Conduct.»

₹4,408.95 on Wednesday. The company’s management recently met analysts and spoke about the improving near-term demand outlook. According to management, barring a few pockets of weakness such as telecom (semiconductors), deal pipeline is improving.

UK airport have been cancelled already. Several flights arriving at the England airport have also been diverted. According to The Telegraph report, All Aer Lingus flights leaving Belfast City Airport were cancelled along with many of British Airways and Air France.

Shiv Sena leader Sanjay Shirsat on Saturday met Maharashtra Navnirman Sena president Raj Thackeray amid talks of the latter's party joining the BJP-led Mahayuti alliance. Shirsat, a spokesperson of Chief Minister Eknath Shinde-led Shiv Sena, termed the meeting at Thackeray's residence Shivthirth in Dadar as personal. He said his relation with Raj Thackeray goes back to the time when the latter used to accompany Shiv Sena founder Bal Thackeray on Marathwada tours more than two decades back.

Hardik Pandya. Watson, known for his observations, expressed his belief that Mumbai Indians would have handled the situation differently had they foreseen the backlash faced by Pandya upon his return to the franchise. In a response given to Hindustan Times about the criticism and backlash faced by Pandya, the Australian all-rounder said, “The way things have played out.

A legal ruling regarding the fate of crypto mogul Do Kwon’s extradition from Montenegro was returned to a lower court on April 5.

Britain's governing Conservative Party has admitted supplying the personal details of fellow lawmakers to someone he met online, saying he had felt compromised after he sent them intimate photos of himself. William Wragg told the Times newspaper he had handed over the phone numbers of colleagues to a man he met on a dating app, part of what is reported to be a wider operation targeting people working in the British parliament.

The U.S. treasury secretary has called for a level playing field for American companies and workers as she opened a five-day visit to China in a major industrial and export hub