China is slowly but sure emerging as one of the world superpowers in today’s century. Its economic strength has blossomed into greater heights second to none. Despite the various conflicts and resentments about its history, its focus has remained on perfecting its economic development. However, the rise of China is...
The article The Dragon and the Elephant compares the economy of China and India respectively. India gained independence in the year 1947 and at that time, the country became the world’s biggest democratic state (Zhongying, 2007). The country had a difficult time with the economy and it been not until...
The world’s economic growth is expected to rise in the year from 3.25% to 3.5%. The growth is mainly attributed to the increase in the European and U.S economies as opposed to most countries. The Chinese and other Asian countries economies are anticipated to slow down further. The consumer trends...
The article (Emons) analyses a number of macro environmental phenomena that may soon prompt the Chinese government to completely deregulate the Yuan – despite policymakers’ reluctance to do so. Emons points out that officials’ efforts to reduce the country’s debt without approving any measures that may destabilize the domestic market...
The prices of livestock in Saudi Arabia often go up significantly, especially, during Ramadan and Hajj. A sheep price jumps by almost 50 percent near Eid Al-Adha festival . The best quality sheep may sell for $400 during normal days but it may sell for as high as $800 in...
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