Fraud and graft in India and China weakening their economies: studies
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE failure of the Chinese and Indian authorities to clear up fraud and corruption has weakened both their economies.
China's so-called "shadow banking" comprising complicated, unregulated loans and wealth products, are widely regarded as the economy's Achilles heel.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result