BEIJING, Dec. 19 (Xinhua) — The World Bank has raised China’s growth forecast for 2017 from 6.7 percent to 6.8 percent, based on rising household income and improving external demand, according to its latest report…
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World Bank raises China 2017 growth forecast, maintains 2018 out
Beijing: The World Bank on Tuesday raised its forecast for China’s economic growth in 2017 to 6.8 percent from 6.7 percent it projected in October, as personal consumption and foreign trade supported growth. But the…
World Bank approves $150mn loan for China’s farm produce distribution system
BEIJING: World Bank has approved a 150-million US dollar loan to southeastern Chinese province of Jiangxi to improve its farm produce distribution system, the bank said in a statement. The loan will benefit over 200,000…
World Bank raises China’s 2017 growth forecast, maintains 2018 outlook
The World Bank on Tuesday raised its forecast for China’s economic growth in 2017 to 6.8 per cent from 6.7 per cent it projected in October, as personal consumption and foreign trade supported growth. But…
China is trying to influence other countries from the inside, and they aren’t happy about it
China has vehemently rejected all claims of political interference … over a scandal concerning his links with Chinese donors . Beijing has also provided financial support to former New Zealand politicians in an attempt to…
World Bank raises China 2017 growth forecast, maintains 2018 outlook
The World Bank on Tuesday raised its forecast for China’s economic growth in 2017 to 6.8 percent from 6.7 percent it projected in October, as personal consumption and foreign trade supported growth. But the Washington-based…
UK gives $50m to China-led Asian Infrastructure Investment Bank
AIIB president Jin Liqun and British finance minister Philip Hammond signed an agreement about the UK’s contribution to the bank’s Project Preparation Special Fund during Hammond’s visit to Beijing on Saturday. “The UK strongly supports…
Russia & China will engineer bitcoin apocalypse, Saxo Bank predicts
Moscow and Beijing are going to crack down on bitcoin, resulting in the cryptocurrency’s collapse next year, predicts Saxo Bank. The bank is famous for its ‘outrageous’ predictions published each December. Saxo predicts that in…
New Spanish guidebook on Beijing
The Cervantes Institute in Beijing has launched a guidebook on the city for Spanish-speaking travellers, with the latest tourist information available in Spanish for a city that saw thousands of visitors from Latin America and…
China Should Open Financial Sector More, U.K.’s McGuinness Says
China needs to further liberalize its financial sector as a “huge interest” in domestic market assets is expected to grow, said Catherine McGuinness, the policy chairman of the City of London Corporation. Chinese and British…
China’s $189 Billion Giant of Finance Reveals a Huge Bet on Tech
Shares have jumped 99% in 2017; CFO says they’re undervalued These days, every big finance company worth its salt is finding ways to boost its bottom line with technology. Few are going quite as far…
Trump to accuse China of ‘economic aggression’: Financial Times
“The national security strategy is likely to define China as a competitor in every realm,” a person familiar with the matter told the Financial Times. The administration will roll out its national security strategy on…
China Seeks Financial Cooperation With U.K.
China wants to deepen financial and investment links with the U.K. as Britain seeks to boost two-way trade once it leaves the European Union. Vice Premier Ma Kai said both countries should also push cooperation…
