The economy of China has undergone an astonishing growth rate since the 1990s. For instance, China acocunt for just 1.6% of the world GDP. But by 2010, it jumped to 9.2% of the world total GDP. Rising further, China’s GDP reached about 15% of the global economy in 2016. The table below shows the growth …
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The stock turnover ratio is the highest in China. This is true especially with A-Shares which are for domestic investors and traded in the local currency. The B-Shares are bought by foreign investors and they cannot buy A-Shares. Unlike other markets such as the US where most investors tend to hold for the long-term, Chinese …
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The Singapore-Kuala Lumpur route is the world’s busiest air route in the year thru Feb, 2018 according to a recent study. Airlines made 30,537 trips average about 84 trips per day. The flight time between the cities is about an hour. The World’s Busiest Air Routes are shown in the chart below: Click to enlarge Source: Kuala …
The top Australia exports are Iron ore, coal and natural gas in terms of goods. In the services space, the top sectors are education and tourism. Australia is one of the top destinations for Chinese tourists. In 2017, 1.3 million Chinese visited Australia spending about A$10.0 billion. Tourism dollars also give a boost to other …
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The stock market in Chile collapsed when socialist president Allende was elected back in the 1970s but soared when he was overthrown and military dictator Pinochet seized power. Economic growth can be achieved either by the ballot or by the bullet. Or to put it another way democratic means of political system can drive economic …