Central Asian Economies in Limbo As China Fails To Find Its Feet
Wednesday, 24 April 2024 () China’s fiscal woes are likely to drag on economies across the Caucasus and Central Asia over the next two years, the World Bank is forecasting. The Bank’s economic update for 2024-25 says the entire area spanning Europe and Central Asia faces “multiple headwinds,” including China’s “lackluster recovery” and “moderating” commodity prices. “With heightened geopolitical risks and substantial policy uncertainty, investment growth … could weaken further, especially if progress…
Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the..
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