In recent years, China’s annual construction waste generated by new construction projects can reach 100 million tons, and the construction waste generated by building demolition can reach 200 million tons. With the development of China’s urbanization, the figure is still rising, Therefore, the resource utilization of construction waste is not only particularly necessary, but also has the scientific feasibility of implementation. At the same time, China shall innovate the resource …
Read More »Sports industry viewpoint
Sports have long been an integral part of our culture, from the earliest form of football in ancient China, Cùjū, to the spectacle of the Colosseum in ancient Rome. Sports and entertainment leaders around the globe have long understood the importance of atmosphere and excitement in keeping fans happy and engaged. Infectious diseases present an omnipresent threat to the health and safety of the global community. In 2020, the COVID-19 …
Read More »Perilous neighborhood of Pakistan and its economic hopes and hurdles
He was transferred to a military ambulance that broke down after running a few paces. It took two hours to replace it and by this time the oppressive heat and swarm flies had exhausted Jinnah (Father of the Nation). He passed away in dignity after reaching his official residence. His absence left an agonizing imprint on the future course of Pakistan, something that he, himself feared but could do little to prevent. …
Read More »Review of enormous minerals and natural resources of Pakistan
Pakistan is 6th most populous country of world having a population of 219,652,490 people; which is 2.83% of the total world population. Pakistan covers an area of 881,913 km2 (340,509 sq. mi), approximately equal to the combined land areas of France and the United Kingdom. It is the 33rd-largest nation of the world by total area. Pakistan is one of those countries which have enormous rich natural resources. It is blessed with vast …
Read More »Corona: a global outbreak
On 29th of January, 2020, the Government of China has officially reported that it is facing a chaotic epidemic of a viral infection named coronavirus which has already infected over 7000 people and the number is rising. 170 deaths have already been reported and number is sure to rise. The WHO Director General Tedros Adhanom has made multiple emergency meetings and held press conferences urging the world to come together to avoid a global catastrophe. …
Read More »Still no container equipment available in the US and Europe
Most of our Chinese customers are back at work according to emails we received last week. Right when the coronavirus has hit Europe, China slowly seems to finally gain more control of the situation. What happened? For the first time, there is almost no container equipment in Europe and Northern America due to the carriers blank sailings. They want to be ready in China, waiting for the economy to go …
Read More »Impact of coronavirus on the consumer confidence
Uncertainty is worse than bad news. Some airlines in many countries have asked their employees to go on unpaid leave. There is a likelihood that the employees may be sent on forced leave without pay to cope with the unprecedented disaster globally. The coronavirus has infected over 135,000 people across the world and more than 4,900 people are believed to have died of the virus. In addition to Wuhan in China the …
Read More »Chinese investment in Pakistan: a win-win situation both for China and Pakistan
The massive Chinese investment to the tune of $42 billion is the first instance when a single country like China has practically shown its commitment to Pakistan economy, however, it would equally benefit to China on the back of strategic location of Pakistan in generation like Gwadar Port in particular, which will provide a short cut to transitional goods to and from China as no other country could offer …
Read More »Open economic system is considered as the stimulus factor behind Chinese economic growth
By 2030, China’s economy could be 30 percent larger than that of US. China’s share of global GDP on Purchasing-Power-Parity (PPP) basis rose from 3.7 percent in 1990 to 14.3 percent in 2011 and rose to 16.06 percent this year. During the past 30 years, China’s economy has changed from a centrally planned system that was largely closed to international trade to a more market-oriented that has a rapidly …
Read More »Impact of rebalancing move of China on developing economies
China has been experiencing fastest GDP growth rate (not less than 10 percent) for the last two decades, but global financial crisis emanating in 2007 has resulted in gradual reduction in growth rate, which in recent years has gone down by 2 to 3 percent causing adverse repercussions on its current account surplus also which in the past had hovered around 10 to 12 percent of GDP, but of …
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