As of the end of August this year, the financial scandal surrounding India’s Adani Group is still ongoing, and international media continues to relentlessly report on it. Once the related scandals are substantiated, the Adani Group's stock price is destined to suffer another heavy blow, and its internal disintegration is also a possibility. However, Adani's market share in India's domestic market will soon be filled by other Indian giants, and its international footprint will be taken over by other Indian companies as well. A series of factors favorable to Indian companies will persist in the long term. Even if Adani is no longer a decisive one, other Indian companies will remail a formidable force worldwide, wrote by
ANBOUND’s researcher Zhou Chao.
>>Indonesia's decision to abstain from BRICS membership is a noteworthy international development. It underscores the idea that in a global arena shaped by geopolitical strategies, emerging major nations will shape their involvement in international multilateral organizations for the sake of their self-interest. Furthermore, this situation indicates that the BRICS organization's impact, representation, and allure are somewhat modest and delicate in the broader international context, said
He Jun, Director of Macro-Economy Research Center and Senior Researcher at ANBOUND.
>>Chen Yan, the bilingual reporter at
BBC NEWS Chinese in early August conducted an interview with
ANBOUND’s founder Kung Chan, in view of the debt relief pressure confronting China. He talked there are primarily two reasons. First, there is the international economic environment. The economic downturn has become quite evident, hence there is the heightened debt pressure, especially for impoverished nations. Second, China itself contributed to this. Its assistance to less developed countries has traditionally been divided into two categories, namely commercial aid and governmental aid. Commercial aid, in particular, has been substantial in this, which places significant pressure on the receiving countries. Additionally, the expiration of the G20's Debt Service Suspension Initiative and impending interest rate hikes, along with ongoing negotiations for an enhanced version of the Common Framework for Debt Treatment, all these factors are making it increasingly challenging for low-income nations to meet their debt obligations. Due to these reasons, the calls for debt relief by less developed countries have become more pronounced.
>>Overall, China's foreign trade decline continues, although the trade surplus for the first eight months is still showing a growth. Whether the annual trade surplus can maintain its increase over last year remains to be seen. Given the impact of multiple factors such as geopolitics, supply chain adjustments, shifts in foreign investment, and ongoing tariff barriers, China's external economic situation remains challenging. Taking all factors into account, it is likely that external demand will make a negative contribution to its economic growth this year, discussed researchers at ANBOUND.
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