The year 2023 is proving to be another challenging year for the global economy. Amid the global inflation crisis and the impact of the Ukraine crisis, overall growth across the board is low. Some major economies, such as the eurozone, are officially in a state of recession. Others, like th...
The year 2023 is proving to be another challenging year for the global economy. Amid the global inflation crisis and the impact of the Ukraine crisis, overall growth across the board is low. Some major economies, such as the eurozone, are officially in a state of recession. Others, like th...
During the 1997 Asian financial crisis, the stability of the renminbi was critical to preventing risk escalation, while the 2008 global financial crisis saw China's economic stimulus package helping other economies emerge out of recession. And during the 2011 European Union debt crisis, China increas...
The year 2023 is proving to be another challenging year for the global economy. Amid the global inflation crisis and the impact of the Ukraine crisis, overall growth across the board is low. Some major economies, such as the eurozone, are officially in a state of recession. Others, like th...
The government’s own feelings towards the economy are hard to read. During the global financial crisis, after world trade fell off a cliff, China’s authorities swooped in with vast stimulus, which propelled economic growth and spilled over to the rest of the world. Today they seem in no ...
The current crisis in part of the real estate sector is similar to what happened in the financial sector of the US in 2023 when several banks (among them, Silicon Valley Bank, Silvergate Bank, First Republic Bank and Signature Bank) went bankrupt causing fears of an economic meltdown. ...
In the first year of the post-pandemic era, 2023, both the U.S. and China faced economic difficulties and challenges. The U.S. is facing the most serious banking crisis since 2008. Federal regulators are using measures to restore the confidence of depositors and investors. The Fed is at ...
BEIJING, Dec. 27 (Xinhua) -- The year 2022 has seen the world economy limping on through the shockwaves of a barrage of unknowns. And the year 2023 could be off to a fairly rough start due to the continued impact of such undesired events like the Ukraine crisis, the U.S. Federal ...
(2023年5月19日) 中华人民共和国主席 习近平 Keynote Speech by H.E. Xi Jinping President of the People’s Republic of China At the China-Central Asia Summit 19 May 2023 尊敬的各位同事, 女士们,先生们,朋友们: Distinguished Colleagues, Ladies and Gentlemen, Friends, 欢迎大家来到西安,出席中国-中...
7. Sri Lanka expressed appreciation to China's valuable support during the COVID-19 pandemic as well as during the economic crisis in 2022. 8. China has provided a financing support document to Sri Lanka in a timely manner and helped Sri Lanka obtain loans from the International Monetary Fund...