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Developing Country Tag at WTO
The World Trade Organization recently provided the “developing country” tag. This couldn’t be accepted by several countries. About the tag at WTO The organization has officially not created any definitions for “Developed” or “developing “countries. However, when a tag is ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
Digital Yuan Wallet Apps
Digital Yuan is the digital currency of China. It was first launched in 2014 and has been working (test working) since then. The Digital Yuan is not a crypto currency. It is controlled by the Central Bank of China. The ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
World’s longest Metro line opened in Shanghai
On December 31, 2021, World’s longest Metro Line was opened in China’s Shanghai Province. Key Facts With this inauguration, Shanghai uphold its rank as the city with the largest Metro network worldwide. The city opened two new metro lines – ..
Month: Current Affairs - December, 2021
Yutu 2
Yutu – 2 is a Chinese lunar rover that was launched to the moon in Chang’e 4 mission. It was launched in 2018 and it landed on the moon in 2019. Recently, the rover spotted a cube – shaped mystery ..
Month: Current Affairs - December, 2021
China applied to join Asia-Pacific Free Trade
China has applied to join the Asia-Pacific Free Trade grouping of 11-nation in a bid to increase its influence over international policies. Highlights Application was submitted by the Commerce Minister Wang Wentao, to the Trade Minister of New Zealand as ..
Month: Current Affairs - September, 2021
China: Reforms for private education companies
China announced new rules under which profit tutoring in core school subjects has been barred to ease financial pressures on families. China’s private educational firms are bracing for a hit after the announcements were made. The rule changes sent shockwaves ..
Month: Current Affairs - July, 2021
China rolls out high speed 600km/hr Maglev train
On 20th July, 2021 China rolled out a 600km per hr high-speed maglev train in Qingdao located in the Shandong Province of East China. Highlights Currently, maglev train is the fastest available ground vehicle. Shenzhen to Shanghai trip which ..
Month: Current Affairs - July, 2021
China: Giant pandas are vulnerable, not endangered now
Chinese conservation officials have announced that, Chinese giant Panda is no longer an endangered species. Key Facts Status of giant panda has been updated to “vulnerable”. There are now 1,800 giant pandas living in wild. Number increased due to the ..
Month: Current Affairs - July, 2021