The Chinese economy is all set to face some really tough challenges in the coming years. China has reported that its economy grew just 7.4% in the year 2014, missing the Government’s target for 7.5% for the first time since 1998. China is the second largest economy in the world and has enjoyed phenomenal growth over the last few decades, ... Read More »
Till last week it was only the European economy that was in crisis, with new statistics coming in, it is now confirmed that the U.S. and the Asian Economy are also falling fast, as a matter of fact too fast for comfort. It has been the same since the 2008 recession, through it might seem like the economy recovered after ... Read More »
In a surprise and unexpected move the US Department of Commerce has cut its expected 4th-quarter growth from 3.2% to 2.8%. While the government is expecting a lower growth, analysts were having a different opinion. They estimated the growth to be 3.3%. Economic growth for the whole of 2010 was also revised down slightly, from 2.9% to 2.8%. As well ... Read More »
This August has brought about great news to all the People in the world who are looking with a grim hope of getting employed. Yeah, its glad to say that Hong Kong economy is risen this month. The data recorded during April to June of this year 2009 shows that the nation has brought a rise of 3.3% growth in ... Read More »
Thfire.com Everyday news that matters