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LEGO set for China expansion over solid ...
Danish toy giant LEGO is looking for a bigger presence in China to reach out to and educate more kids by building on the robust growth of the emerging market. "China is a strategic growth market, an
Commentary: Worry about China's weakenin...
BEIJING, March 6 (Xinhua) -- If Chinese consumers tightened their belts, the world would feel the squeeze. As the world's second-largest economy, China posted a 6.6 percent growth last year, and it h
Roundup: More open, high-quality Chinese...
China's resolve to continue promoting open and high-quality development will provide a much-needed stimulation to global economic growth, world experts and scholars said. China sets the 2019 gross d
Finland maintains satisfactory growth in...
HELSINKI, Feb. 28 (Xinhua) -- The Finnish gross domestic product grew in 2018 by 2.2 percent, Statistics Finland reported on Thursday.Commentators noted that even though the growth was less than in s
Brazil markets revise down 2019 growth f...
BRASILIA, March 18 (Xinhua) -- Brazil's financial market revised down the Gross Domestic Product (GDP) growth forecast for 2019 from 2.28 to 2.01 percent, the Central Bank of Brazil said Monday. Acco
African countries urged to address econo...
HARARE, March 21 (Xinhua) -- African countries have been urged to address drivers of fragility in order to reduce fragility of growth on the continent. Addressing an African Economic Research Consort
S. Africa needs faster growth rate to ad...
JOHANNESBURG, March 5 (Xinhua) -- Business Unity South Africa (BUSA) on Tuesday said South Africa needs faster economic growth rate to create jobs and address challenges. Tanya Cohen, CEO of BUSA, sa
India's GDP growth slows to 6.6 percent ...
India's economy lost momentum in the final quarter of 2018, reducing the annual rate of growth to 6.6 percent, the slowest pace in five quarters and much less than expected. The slowdown may be bad n
China to increase bank loans to private ...
BEIJING, Feb. 25 (Xinhua) -- Chinese authorities on Monday demanded increased financial support for private firms, requiring major state-owned banks to target faster growth in loans to small and micr
Australian gov't reveals plan to manage ...
CANBERRA, March 20 (Xinhua) -- The Australian government has revealed its plan to address unsustainable population growth in major cities by boosting that of regional areas. Prime Minister Scott Morr
Vietnamese ministry lowers 1st quarter G...
HANOI, March 11 (Xinhua) -- The Vietnamese Ministry of Planning and Investment has lowered its estimate for Vietnam's gross domestic product (GDP) growth in the first quarter of this year to 6.58 per
China on solid track toward sustainable ...
China is a modern state with a legal system founded on the rule of law and is on a solid trajectory toward sustainable growth, a U.S. scholar said. "This is of crucial importance to the world," said
Global slowdown drags Mexico growth fore...
MEXICO CITY, March 6 (Xinhua) -- The Organization for Economic Cooperation and Development (OECD) downgraded Mexico's growth forecast for 2019 and 2020 on Wednesday, citing a bigger global slowdown t
China's emerging cities pose strong grow...
Improvements in transport infrastructure and industrial relocation have benefited China's emerging cities economically, and given them strong growth potential, according to report from the Economist
China's economy shows resilience despite...
China's economic growth with fluctuations in a narrow range in the past four years shows the economy's "great stability and resilience," an official has said. In the past 16 consecutive quarters, Chi
History proves China’s defense budget gr...
Editor's note:Kang Jie is an assistant research fellow at the China Institute of International Studies. The article reflects the author's opinion, and not necessarily the views of CGTN. In 2019, Chin
Chinese economy shifting toward high-qua...
by Xinhua writers Bai Xu, Yue Dongxing and Pan Xiangyue The Chinese economy is shifting toward more sustainable and high-quality growth, Jane Golley, associate professor at the Australian National
U.S. economy to slow down in next 2 year...
WASHINGTON, March 25 (Xinhua) -- The U.S. economic growth is expected to sharply slow down over the next two years, a survey by the National Association of Business Economics (NABE) showed Monday. Ac
Bank of Portugal revises down 2019 GDP g...
LISBON, March 28 (Xinhua) -- The Bank of Portugal on Thursday downgraded its projections for the country's economic growth to 1.7 percent this year.In its March Economic Bulletin, the central bank re
S. Africa's economy enters positive terr...
CAPE TOWN, March 5 (Xinhua) -- South Africa's economy registered positive growth for two consecutive quarters, pushing overall growth for the year into positive territory, Statistics South Africa (St
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