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Economic challenges

Pakistan has been facing the acute economic crises for many years now. Although it is the fundamental duty and responsibility of the government to fulfil the basic needs of the people,.

China has potential to achieve its bold goals

Delivered by Premier Li Keqiang at the start of the National People's Congress annual session on Friday, the Government Work Report set a growth target of over 6 percent for the Chinese economy for 2021, citing a numeric goal after it was skipped in 2020 due to the COVID-19 pandemic.

Hong Kong removed from economic freedom ranking it once dominated

Hong Kong removed from economic freedom ranking it once dominated Business March 5, 2021 Hong Kong: Hong Kong has been removed from an annual index of the world´s freest economies because the think-tank that compiles the league table said the city was now directly controlled by Beijing. The announcement is a reputational blow for Hong Kong and comes as Beijing ramps up its bid to quash dissent after huge and sometimes violent pro-democracy demonstrations in 2019. The Heritage Foundation, a conservative US think-tank, publishes an annual Index of Economic Freedom ranking countries and territories for how business-friendly their regulations and laws are. Over the last 26 years, Hong Kong topped the table for all but one year a source of pride to the city´s government which often used the accolade in its official press releases and investment brochures.

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