China’s Foreign Exchange Reserves Continued Falling in March

China’s foreign-exchange hoard fell for the third straight month in March, according to official data released Wednesday. The People’s Bank of China said the nation’s foreign-exchange reserves dropped $34.96 billion to $3.170 trillion at the […]

India keeps lending rates unchanged

India’s central bank left its lending rate unchanged, though it warned that the recent surge in Covid-19 cases in the country could weigh on the domestic growth outlook. The “monetary policy committee voted unanimously to […]

Trump promises to transfer power on January 20

US President Trump issued a statement on Thursday morning promising to transfer power to President-elect Biden in an orderly manner on January 20. Before the announcement, after hours of debate and challenge, Congress completed the […]

Vietnam sets economic growth target for 2021

On January 4, the Vietnamese government issued the “Resolution on Realizing the Main Tasks and Measures of the 2021 Social and Economic Development Plan and the State Budget.” The “Resolution” made it clear that it […]

EU and UK reach a post-Brexit trade agreement

According to European media, the EU and the United Kingdom reached a post-Brexit trade agreement on the 24th. After the two parties reached an agreement, the President of the European Commission von der Lein quoted […]

French Government Forecasts 8% GDP Contraction in 2020

The French government forecasts a 8% contraction in gross domestic product in the country this year, downwardly revising its previous forecast of a 6% decline, the economy minister Bruno Le Maire said Tuesday in an […]