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Hathras gang-rape victim passes away in Delhi

The 19-year-old woman was gang-raped in Hathras of Uttar Pradesh on 14th September 2020.
The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| 29 September, 2020, 10:54 AM IST | E-Paper
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    SEARCHED FOR:ECONOMY OF CHINA

    China posts first GDP decline on record as coronavirus cripples economy

    The pandemic has infected more than 2 million globally and killed more than 130,000. China, where the virus first emerged, has reported more than 3,000 deaths although new infections have dropped significantly from their peak.

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    • Falling Zinc production amid significant growth in demand from China might continue to support the prices.

      China is pushing growing numbers of Tibetan rural laborers off the land and into recently built military-style training centers where they are turned into factory workers, mirroring a program in the western Xinjiang region that rights groups have branded coercive labor.

      The data reported on Friday show that despite a rebound in Chinese exports, overall domestic demand in the world's second-largest economy remains lackluster. Massive flooding across much of the south of the country also has hurt both production and consumer demand, though it pushed food prices sharply higher.

      In his recently-released book "The India Way: Strategies for an Uncertain World", he also says that India is not the only country focused on coming to terms with China as the entire world is doing so, each nation refashioning its terms of engagement in its own way. The external affairs minister, however, had written this book before the military standoff in eastern Ladakh began in early May.

      Scholars recently gathered together to discuss the emerging threat to the world order by the Chinese Communist Party in a webinar titled ‘Chinese Communist Party: An Existential Threat to Humanity and the Rules-based World Order’.

      The Shanghai Composite index was up 0.26% at 3,205.23 and the blue-chip CSI300 index was up 0.51%.

      The onshore currency’s 50-day moving average has fallen below its 200-day mean, completing the so-called golden cross pattern that some analysts interpret as a sign that a rally will continue.

      That split, which will reduce Apple's weight in the Dow, prompted a reshuffle in the blue-chip industrial average, with Salesforce.com replacing Exxon Mobil Corp, Amgen Inc taking Pfizer Inc's spot, and Raytheon Technologies Corp ousted by Honeywell International Inc .

      While countries look to reduce their reliance on a single supplier, much to the benefit of export-oriented Asian economies other than China, localisation of productive capacity, especially in strategic sectors like pharmaceuticals, will have negative effects for Asian producers, Moody's said.

      Optimism over the development of a vaccine and a wall of government and central bank cash is providing much-needed support to equities as traders fret over a spike in new infections around the world and the reimposition of containment measures in the US and other key economies.

      On the domestic front, market participants will be keeping an eye on the industrial production number that will be released on Friday and the weaker-than-expected number could keep gains capped for the currency.

      With the UK forging a new trading relationship with the world into 2021 and India establishing itself as a major global player, India is a key priority for trade and investment of the UK government and businesses, the UKIBC Group CEO stressed. The bilateral trade between the two countries stood at USD 15.5 billion in 2019-20 as against USD 16.87 billion in the previous fiscal.

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