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IMF says appropriate for China to shift ...
WASHINGTON, March 8 (Xinhua) -- China's economic growth target for this year will allow policy makers to focus on improving the quality of growth, an International Monetary Fund (IMF) spokesman said
South Africa's economy registers 0.8 per...
JOHANNESBURG, March 5 (Xinhua) -- Statistics South Africa (Stats SA) on Tuesday released the latest gross domestic product (GDP) figures which showed that the GDP grew by 1.4 percent in the fourth qu
Industry executives back market-led ince...
NAIROBI, March 12 (Xinhua) -- Governments should enact friendly regulations to facilitate growth of social enterprises which seek durable solutions to plastic waste that is choking vital ecosystems,
Uruguay's economy grows 1.6 pct in 2018
MONTEVIDEO, March 28 (Xinhua) -- The Uruguayan economy grew 1.6 percent in 2018, driven by the growth of telecommunications, the Central Bank of Uruguay reported Thursday. The figure, however, repres
CGTN Observes: China's economy beyond th...
Probably the number most talked about at China's Two Sessions is the country's growth target. If China's economy was a car, most attention is on the speedometer, less on the road signs, the bumps and
Luxury brands continue betting big in Ch...
Chinese auto sales rolled into 2019 on a low, but luxury automakers seem not to be affected. Rolls-Royce, for one, saw over 40 percent growth in the country last year. "We have seen growth all over t
China courier giants see steady revenue ...
Three major Chinese express delivery companies posted steady revenue growth last year on the back of booming e-commerce in the world's most populous country. SF Holding Wednesday announced that its
Singapore's economy forecast to grow 2.5...
SINGAPORE, March 13 (Xinhua) -- The Monetary Authority of Singapore (MAS) announced in a report on Wednesday that professional forecasters downgraded Singapore's 2019 growth forecast from previously
Reporter's Diary: Does China's economic ...
At 6.6 percent GDP growth, the world's once fastest growing economy witnessed its slowest annual pace since 1990 in 2018. There are a handful of reasons to explain the slowing trend of China's growth
S.Korea's job growth hits 13-month high ...
SEOUL, March 13 (Xinhua) -- South Korea's job growth hit a 13-month high in February as the government's program to create jobs in the public sector increased employment especially among those aged 6
OECD launches Athens Roadmap for Inclusi...
ATHENS, March 18 (Xinhua) -- The Athens Roadmap for Inclusive Growth in Cities was launched on Monday at the Greek capital which hosts the fourth meeting of the Organization for Economic Co-operation
U.S. GDP growth rate to fall to 1.3 pct ...
WASHINGTON, March 20 (Xinhua) -- U.S. economic growth is expected to drop to 1.3 percent in the first quarter of 2019 while the housing market will remain steady, U.S. Federal National Mortgage Assoc
Economists call for Australian gov't int...
CANBERRA, March 19 (Xinhua) -- A coalition of Australia's leading lawyers, economists and labor market researchers have urged the government to take policy action to boost wage growth. In an open let
China continues to open up despite gloom...
The world economy continues to find itself on relatively rocky ground, with many analysts putting forth pessimistic outlooks for future growth. However, China's economic planners appear determined to
Croatian economy grows slower than expec...
ZAGREB, Feb. 27 (Xinhua) -- Croatia's GDP growth in the fourth quarter of 2018 was 2.3 percent, lower than in previous quarter when growth stood at 2.8 percent, according to a report released on Wedn
U.S. economic growth in Q4 revised down ...
WASHINGTON, March 28 (Xinhua) -- The U.S. economic growth in the fourth quarter of 2018 was revised down to an annual rate of 2.2 percent, from the previously reported 2.6 percent, the U.S. Commerce
Tokyo stocks drop in morning on concerns...
TOKYO, March 8 (Xinhua) -- Tokyo stocks dropped Friday morning, following a decline on Wall Street overnight after the European Central Bank lowered its growth outlook for the eurozone a day earlier.
Supply-side structural reform key for Ch...
China's policymakers take supply-side structural reforms as one of the key factors for achieving high-quality growth. The reforms were first mapped out in 2015. They're aimed at tackling problems lik
Goldman Sachs cuts 2019 Latin American g...
Goldman Sachs cut its economic growth forecasts for key Latin American countries and lowered the outlook for official interest rates across the region on Monday, citing weak domestic momentum and a d
Paulson Institute, Tsinghua University t...
The Paulson Institute and Tsinghua University have jointly launched the 2019 Paulson Prize for Sustainability to explore and award a project with innovative solutions in sustainable growth, accordin
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