Pakistan’s terms of trade, which measure the ratio of export to import prices, have not only been adverse, but have also deteriorated over the years, which has adversely impacted the economy in terms of growth and balance of payments. If an economy’s terms of trade are less than 100%, they are regarded as adverse. This [...]
The last century saw the transformation of China as it took a giant leap. It turned from a poverty-stricken to a fast developing country because of persistent efforts by the nation. China entered the 21st century with the status of a rapidly growing developing country. It maintained double-digit GDP growth for years and continued to [...]
BEIJING: The China International Import Expo (CIIE), starting from November 5 in Shanghai, will open the country's market further to the world as many exporters, including those from Pakistan, plan to take advantage of this unique opportunity. A look at China's market reveals that it is the world's biggest destination for agricultural products including grains, [...]
