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Balancing growth with structural reformting perform

After a disappointing performance in 2018, China’s economy appears to be stabiliz ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow th in industrial production exceeded expectations, expanding … Continue reading

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Noting that China has the world’s biggest middle-incom

income population, Xi said that China would open up its market continuously and welcome quality products from around the world. China does not pursue a trade surplus intentionally, and it would like to import more com petitive farm products, finished … Continue reading

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Well-tuned steps urged for poverty eradicatio

President Xi Jinping underlined on Monday the need to shore up areas of weakness and carry out more targeted pove rty alleviation efforts in building the country into a moderately prosperous society in all respects. Xi, also general secretary of … Continue reading

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But by allowing Tsai Ing-wen, the island’s “pro-independe

ence” leader, to stop over in Hawaii on her way back to the island after an eight-day tour of thr ee Pacific island nations this week, Washington is breaching all established protocols and violating the 1979 Joint Communiqué. Beijing lodged … Continue reading

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Before the start of the China Cup, Cannavaro said that fans

 and media need to focus on long term development of Chinese soccer instead of what happens at the tournament. “It’s like building a house-the first job is to build a solid foundation,” he said “Based on that, we can have … Continue reading

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The situation in Beira, a low-lying port city on the Indian

  Ocean, was described by the International Federation of Red Cross and Red Cre scent Societies (IFRC) as “terrible” following an aerial assessment conducted by the agency Monday.   IFRC spokesman Jamie LeSueur said that up to 90% of the ar ea … Continue reading

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They of course are the same model of 737 MAX 8 planes,” but G

  It added that a passenger information center and hotline “will be available shortly for family or friends of those who may have been on flight.”   The Ethiopian government expressed its “deepest condolences to the families,” the office of Prime Minister … Continue reading

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One in every seven smartphones in the world is produced

d in the city, and one in every eight buses is produced by Zhengzhou Yutong Bus Co, he said. Through such efforts as opening cargo train routes to Europe and encouraging cross-border e-co mmerce, Zhengzhou has helped implement the Belt … Continue reading

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ending by banks surges in Januaryasures fend off nega

hina’s credit growth surged unexpectedly to a record pace in January, strengthening production in the real econo my and easing overall downward pressure, People’s Bank of China, the country’s central bank, said on Friday. Bank lending in domestic currency increased … Continue reading

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Global economic growth entering slowdown growth in

The global economy is projected to grow at 2.6 percent between 2020 and 2035 and enter a low -speed growth period, Economic Daily reported citing the Development Research Center of the State Council. Considering changes in major factors such as … Continue reading

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