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Showing posts from July, 2020

2.3 % Grew in China’s Economy

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  China’s economy recovered to pre-pandemic growth rates in the fourth quarter, propelling it to a stronger than expected full-year expansion of 2.3% and making it the only major one to avoid contraction.  Gross domestic product climbed 6.5% in the final quarter from a year earlier, fueled by stronger-than-expected industrial output, the statistics bureau said Monday.   Covid-19, which has ravaged the world economy, first emerged in central China in late 2019. But the world's second-largest economy also became the first to bounce back after imposing strict lockdowns and virus control measures. It is expected to be the only major world economy clocking positive 2020 growth. In the last three months of 2020, China's economic rebound continued with a better-than-expected 6.5 percent growth on-year, a sustained improvement since the second quarter. This brings it back to a pre-pandemic trajectory, although full-year 2020 growth is still its worst performance since 1976, when the ec

Criminalization of Politics in India

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In Indian Politics, there are many challenges such as - Communalism, Regionalism, Casteism but criminalization is one of the biggest problems which has made a far-reaching impact on governance and society as a whole. The term Criminalization of Politics means that the criminals enter into politics and contest elections and even get elected to the Parliament and State Legislatures. This takes place primarily, due to the connection between the Criminals and some Politicians. The trend of inducting Criminals into Politics began in the eighties when the two mafia dons of Eastern Uttar Pradesh- Hari Shankar Tiwari and Virendra Pratap Shukla contested and won the election. Thereafter, all parties started fielding criminals who did not depend on party organisations to contest elections and ample muscle power of their own. Today the line has blurred- one does not know if a politician is into crime or a criminal is into politics.  Some Key Facts- 1.   43% of MP in Lok Sabha have declared cri

Hong Kong Protests: The Whole Story

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Hong Kong is significantly different than other Chinese cities as can be seen by looking through its history. Hong Kong was a British colony for over 150 years- the Hong Kong island (part of Hong Kong) was ceded by the British through a war in 1842, then the Chinese authorities leased the other part of it for 99 years to the British. In the 1950s it became an important commercial hub enjoying a busy port, this was the time when its economy was rocketing. It also attracted population from Mainland China who were trying to escape the poverty existing in the regions. In the early 1980s when the deadline of the lease was approaching the Chinese authorities and Hong Kong authorities began discussing the future of Hong Kong with the Chinese communist party appealing for Hong Kong to merge with China. In 1984, discussions were held and a treaty was signed between china and Hong Kong under which Hong Kong will become a part of China from 1994 but it will enjoy “greater autonomy, except in defe

Coronavirus Vaccines

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It's been more than six months since researchers in China said they had founded a novel corona-virus spreading in the city of Wuhan. Expectation and want for a vaccine to end the global pandemic is growing with each passing week. Our bodies haven’t previously been exposed to the coronavirus, our immune system isn't well equipped to deal with being infected by it. A vaccine would allow the body to safely develop an immune response to COVID-19 that could prevent or control infection.   But it takes time to develop safe and effective vaccines – usually five to ten years on average. Despite promising reports about potential coronavirus vaccines being developed worldwide, it could still take an estimated 12-18 months to develop one. The first vaccine to enter human trials for Covid-19 was developed by the US firm Moderna Therapeutics. About 35 other companies and organisations are also trying to make vaccines for Covid-19. Most are in “pre-clinical testing”, including one being dev

India's Digital Retaliation

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  The Government of India on Monday (30 June) banned 59 chinese mobile applications, including social media platforms such as TikTok, Wechat and Helo. The reason behind the ban is - application posed threat to country's “ sovereignty and security”. But this issue is also present with Google, Facebook, Twitter. Then why are they left?  The reason is clear: India took this step to give a strict statement to China. Chinese apps were on target of the government for a long time but after the recent conflict on border government fired the trigger. India is a big and growing market for 59 chinese apps banned in the country. TikTok was among the most popular  among them, and had 16.4 million new installs in June. Overall, the app has 200 million active users in India. According to the data of Sensors Tower, the app generated revenue of $924,000 from June 2019 to June 2020 in India through user spending alone. Adding advertising revenue, overall revenue would be a lot higher. To

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