Role of selection of borrowers in bad loan creation

A loan disbursed by a bank can be turned into a bad loan in course of time due to various reasons. A loan may be bad because of the selection of wrong borrowers. It may be bad because of risks faced by borrowers which are beyond their control. The default...

Read more

Trump's trade measures and protectionism

US President Donald Trump's bark on trade policy has so far been far worse than his bite. But this may be changing. In January, he raised tariffs on imported washing machines and solar cells. Now, he has ordered steep tariffs on imported steel and aluminum (25 per cent and 10...

Read more

China's technology-propelled 'toilet revolution' moves ahead, steadily

Nationwide innovations in toilet technologies are offering strong support to China's "toilet revolution" campaign. Toilet civilization has gradually formed across the country, and the citizens and tourists' satisfaction with the country's toilets increases noticeably. "Toilet revolution" is now a buzzword in China. Tourists won't feel very surprised if they walk...

Read more