GeopoliticsNotableSingle-source
4.8
China leverages diaspora for economic growth, contrasting with India's approach
South China Morning PostLO·CN · IN·1 day ago
Ecuador's central bank (BCE) forecasts record remittances of $8.02 billion this year, but growth decelerates sharply from 18.2% in 2025 to just 1% annually by 2030. The slowdown signals weakening external demand and could reduce household consumption, a key driver of Ecuador's economy.