China is expected to overtake the US in 2026 in nominal GDP in dollar terms and maintain its position as the largest economy to 2050. India is expected to move up the rankings to third place, with real growth averaging close to 5 per cent ...
China's real estate market, widely scrutinized for its significance to the world's second largest economy, has shown glimmering signs of bottoming out in big cities. The property market remains largely anemic, but a string of indicators ...
China is adopting a more welcoming attitude toward the Trans-Pacific Partnership (TPP), a US-led free-trade agreement now being negotiated by 12 countries, the official media has reported. Zhang Jianping, director of the department of ...
Tags: Trans-Pacific Partnership, FTAAP
Growth in China's electricity consumption, an important indicator of economic activity, slightly recovered in May but still remained low, suggesting persistent weakness in the world's second largest economy. Power-use rose 1.6 percent ...
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
China's crude oil imports surpassed those of the United States in April, making it the world's largest oil importer, recent data showed. China imported 30.29 million tons of crude oil in April, or about 7.37 million barrels per day, data ...
Tags: Oil Imports, Crude Oil
After a booming year, the bull run of China's stock market is expected to continue, boosted by economic and financial reforms in addition to easing measures. China's stock market has soared over the past year, even as the world's second ...
Tags: Stock Market, financial reforms
China's central bank said yesterday it would cut the level of funds commercial banks must hold in reserve by 1 percentage point, the second such move this year to boost lending.The move, effective today, comes after the world’s second ...
The impact of the Trans-Pacific Partnership (TPP) agreement on China and non-TPP major Asian manufacturers South Korea and Taiwan will be minimal. However, other non-TPP Asian nations (particularly textile manufacturers) and small domestic ...
Tags: Trans-Pacific Partnership, textile
Despite concerns over lethargic industrial output and increasing downward pressure in the first quarter (Q1) of 2015, growth in China's key emergent sectors fed positive sentiment. Industrial output in China grew 6.4 percent year on year ...
Considered a sunset industry, the Philippine textile sector is getting back on its feet, concluded stakeholders of the Philippine textile industry at a recent seminar. The conference ‘TELA Serye: ... kahapon, ngayon, bukas. ...
Tags: sunset industry, Philippine textile sector, textile industry
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy. Exports surged 48.9 percent in February from a year ...
Tags: Dipping Imports, February exports
China will stabilize its property market this year, with tailored, market-based policies to guide "stable and healthy development," according to the government work report delivered by Premier Li Keqiang Thursday.[Special coverage] ...
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 ...