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To reduce import dependence in the manufacturing industry and mechanical engineering, it is essential to accelerate the development of component manufacturers, in fact, the third industrialisation. Otherwise, there will be complete dependence on supplies from China.
The import dependence of mechani...

There are more and more indications that the Chinese economy is stabilizing. The statistical data on the profits of industrial enterprises in China in January-February 2024 confirms that Beijing is moving in the right direction with its economic policy. Chinese industry has been experiencing a posit...

By Rhod Mackenzie

The research firm New World Wealth (NWW) has ranked Vietnam at the top of its new ranking of wealth growth over the next decade. The ranking was compiled with the participation of analysts and economists from the consulting company Henley & Partners.

Vietnam, which just a few y...

By Rhod Mackenzie

The first month of autumn has been quite successful for the Russian manufacturing sector. As reported by RTTNews, manufacturing output growth in September was the highest in 6.5 years. The main driver of this impressive growth, which is all the more remarkable given the condition...