India’s economy follows China to reach rapid take off: Kemp
LONDON (Reuters) -India has been the world’s fastest-growing major economy in the last two years and is forecast to retain the top spot in 2024 as the urbanisation and industrialisation process reaches the rapid take-off phase.
Silly Xi brought the country to wrong direction real estate bubble, local governments debts, high jobless rates, negative assets, homebuyers loan payment defaults worse than 3rd world countries. Communism is the rubbish of Westerns nothing to do with ancient Chinese culture.
Three (3) countries that have leaders who are very powerful and unquestionable, who strike fear in the following order: 1. North Korea 2. Russia & China
China low inflation is because of increasing efficiency , being a very competitive place, rapid improvement in technology. Transition to a more sustainable future.
He will be treated as spy as he could not master his own mother language. CCP loves US dollar but hate English. CCP country of practising of "disappearing" will make him self disappear.
India set to overtake Hong Kong as seventh largest stock exchange – Daily Market Update – Equity 11 Dec 2023 India’s stock market is set to surpass Hong Kong to become the world’s seventh-largest, underscoring the optimism surrounding the economic potential of the world’s most populous nation. The total market capitalization of all listed companies in India stood at $3.7 trillion at the end of October, slightly trailing Hong Kong’s $3.9 trillion, according to data from the World Federation of Exchanges, a trade body.
Smart money always following market moving towards correct direction and not following CCP wrong direction.
Nvidia to partner Malaysia's YTL Power in $4.3 bln AI development project
KUALA LUMPUR Dec 8 - Malaysian conglomerate YTL's utilities unit (YTLP.KL) will partner with U.S technology giant Nvidia (NVDA.O) to develop artificial intelligence (AI) infrastructure in the Southeast Asian country, in a $4.3 billion investment deal.
AI is the future of growth developments and not white elephant ghost city projects.
Ghost AI City All the big guns have own Data Centers. Control is important. None of them rent. Same thing happened to Serba Dinamik Data Center in Middle East. Nobody wanted to rent anything even if free. Avoid all this fake hype.
Also a data center in Equatorial region consumes 8% more power. Example google Finland 1.09 vs google Singapore 1.17 8% extra power consumption will mean billions lost over the years.
China Convenes Hong Kong Bankers in Bid to Revive Financial Hub -Moves come after top China leaders vowed to back HK’s IFC role -Concern over city mount amid stock market slump and layoffs
China’s financial policymakers are in Hong Kong this week meeting bankers to seek ways to bolster the city’s status as a hub for investments, deals and talent.
The Ministry of Finance is convening a meeting Wednesday with bankers as authorities step up efforts to bolster confidence, people familiar with the matter said, asking not to be identified discussing private information. HSBC Holdings Plc, Standard Chartered Plc,
Investing.com-- Most Asian stocks retreated on Wednesday as risk aversion remained high before the Federal Reserve’s final meeting for the year, with a sticky U.S. inflation report adding to uncertainty over the central bank’s outlook.
Concerns over weak economic growth in China also continued to weigh, with local stocks logging sustained losses after data earlier this week signaled a deepening disinflationary trend in the country.
China’s Shanghai Shenzhen CSI 300 was among the worst performers for the day, down 1% and trading just above a five-year low, while the Shanghai Composite lost 0.6%.
Losses in mainland stocks pulled Hong Kong’s Hang Seng down 1%.
Chinese disinflation worsened in November, recent data showed, ramping up concerns over an extended economic slowdown in Asia’s biggest economy. The inflation reading also came after a string of other middling readings for November.
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China Convenes Hong Kong Bankers in Bid to Revive Financial Hub -Moves come after top China leaders vowed to back HK’s IFC role -Concern over city mount amid stock market slump and layoffs
Silly CCP Xi killing Hong Kong and make Singapore great.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by IDQWE001 > 2023-12-08 23:04 | Report Abuse
The revelation comes amid claims of a Stalin-like purge of allegedly disloyal officials in Beijing by Chinese leader Xi Jinping