Fiscal policy should "prepare for possib...

WASHINGTON, April 10 (Xinhua) -- With global growth slowing and uncertainty rising, fiscal policy should prepare for possible downturns, balancing growth and sustainability objectives, the Internatio

News Analysis: UK GDP growth weathers Br...

LONDON, April 10 (Xinhua) -- UK economic growth has received an unexpected boost from Brexit-fuelled stockpiling of goods. Data released Wednesday by the Office of National Statistics (ONS) showed th

China's leading truck maker expects 50 t...

JINAN, April 10 (Xinhua) -- China National Heavy Duty Truck Group Co. Ltd., a state-owned truck manufacturer, Wednesday predicted an annual net profit growth of between 50 and 70 percent for the firs

Xinhua Headlines: Chinese economy keeps ...

The International Monetary Fund (IMF) on Tuesday revised up the 2019 growth projection for China to 6.3 percent, while downgrading global growth forecast to 3.3 percent, according to a newly release

Xinhua Headlines: Chinese economy keeps ...

WASHINGTON, April 10 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised up the 2019 growth projection for China to 6.3 percent, while downgrading global growth forecast to 3.3 perce

Tokyo stocks lose ground in morning on I...

TOKYO, April 10 (Xinhua) -- Tokyo stocks dropped Wednesday morning as investor sentiment was dented by the IMF revising down its growth outlook, while subpar machinery orders data also weighed on the

Interview: U.S.-listed Chinese stocks bu...

U.S.-listed Chinese stocks are appealing to investors as Wall Street chases after companies that do business in an economy with sustained growth, an experienced trader at the New York Stock Exchange

World Bank forecasts Kenya's economy to ...

NAIROBI, April 9 (Xinhua) -- The World Bank has projected Kenya's economy to grow by 5.7 percent in 2019, down from an estimated growth of 5.8 percent in 2018, an official said on Tuesday. Peter Chac

China still has huge economic growth pot...

NEW YORK, April 8 (Xinhua) -- China's economy still has substantial growth potential due to its sheer size and policy agility, experts said at recent annual gatherings of The Committee of 100, a non-

China's excavator sales surge in March

Sales for China's major excavator producers saw notable growth in March, adding to evidence that economic activity remains resilient. The country's 25 leading excavator makers sold 44,278 units last