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Some Good News

 

Good News from India

 

World Bank Earmarks India As Fastest Growing Emerging Economy. The World Bank has forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for the next two years, making it the fastest growing country among major emerging economies. The report has attributed it to the major economic reforms and fiscal measures undertaken by the NDA government.

06 June 2018

 

Google’s Free Wi-Fi Accessed by 8 million People Across India. Google Station project, as a way to help improve wireless infrastructure in India has helped deliver free, public Wi-Fi to 400 India train stations. As a result, over 8 million people in India access the Internet each month via the project.

07 June 2018

 

Asian Infrastructure Investment Bank (AIIB) to invest US$200m into National Investment and Infrastructure Fund (NIIF).  Asian Infrastructure Investment Bank (AIIB) is set to pump in US$200m into India’s National Investment and Infrastructure Fund (NIIF), a newly created US$6bn fund for infrastructure financing across India.

25 June 2018

 

 

Good News from China

 

Google to invest US$550m into China’s JD.com.  Google is expanding its focus on online commerce and will invest US$550m into China’s JD.com. The pair plan to explore joint development of retail solutions across several regions, including southeast Asia, US and Europe.

20 June 2018

 

China and Nepal Sign 14 Infrastructure and Connectivity Deals.  China and Nepal have signed 14 agreements on issues including infrastructure, railway, energy, post-disaster reconstruction and human resource during Nepal prime minister Khadga Prasad Sharma Oli’s 5 day visit to China in June.

21 June 2018

 

China Opens Up Economy to Foreign Companies.  The Chinese government announced that it will open up more parts of its vast economy to foreign investment in various industries, including railways, shipping and power grids.

28 June 2018