The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
China's central bank said Monday the Chinese currency has the fundamentals to remain stable relative to a basket of currencies after a change on Friday in the way the renminbi's value is calculated. The fundamentals include a high ...
Tags: RMB, Central Bank
The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...
The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
Chinese leaders and economists have said China must up its game to boost export growth against the backdrop of an anemic global economic recovery. SIX-PERCENT GROWTH Commerce Minister Gao Hucheng said on Saturday that China is confident ...
Tags: economic growth, export growth
The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said Xu Shaoshi, minister in charge of the National Development and Reform Commission, China's top ...
China's confidence in achieving its economic growth rate of around 7 percent this year is not weakened despite rising downward pressure, a senior official said Thursday. The economic development has entered "new normal" and economic ...
Virtually all the indicators, from manufacturing activity to trade data, point to weakening. Expectations of an immanent reduction in the real interest rate have never been higher, despite the central bank's insistence on reining in ...
Tags: economic growth, trade data
According to data from The US Commerce Department, America's economic growth rate in Q3 reached 5% annualized rate, higher than the expected 3.9%, hitting a new record since Q3 in 2003. The data show that the growth of personal ...
Affected by the global economic recovery of uncertainty, this year's the asean countries growth momentum is healthy but conservative.According to the latest issue of the international monetary fund annual economic outlook report this year, ...
Tags: economic recovery, Asian nations
Taiwan's economic growth rate, on-year growth in GDP, in the first quarter of 2014 has been upward adjusted from 3.02% estimated in February 2014 to 3.04%, according to advance estimates released by the Directorate General of Budget, ...
Recently, Zoomlion Concrete Machinery Company Pacific Region exported more than ten sets of mixer trucks with Hino chassis to Cambodia, marking that Zoomlion mixer trucks with Hino chassis officially entered the Cambodian market. The amount ...
Tags: Mixer Trucks
Recently, the United Nations, the World Bank and International Monetary Fund, and other world organization said that will increase global growth expectations, this means the optimistic prospects of the global economic recovery. ...
Tags: Economic, Economic Recovery
The international monetary fund predicted recently, economic growth rate will reach 6.5% this year in Asian emerging markets, much higher than 2% in developed economies. The China, US, Europe and Japan will have a good performance this ...
Tags: Economic, Asia Economic
The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy