As the largest developing country with a population of more than 1.4 billion, China has managed its own development in the past decade, while undertaking various risks and challenges, so as to gain the edge and embrace the future. Despite some adverse factors, China maintains p...
Commentary: How Chinese Cities Are Turning the Climate Crisis Into Opportunity As extreme weather events intensify, cities must balance emission reductions with adaptation measures, transforming climate challenges into opportunities for sustainable development ...
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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...
Get the news as it breaks and go behind the day's top stories, from politics, business, culture and sports to nature, travel and technology. CGTN delivers a Chinese perspective on global news through innovative use of the latest media tools.
"Though it takes time to cut leverage, China's debt problem will not lead to a financial crisis," said Fan Gang, director of the National Economic Research Institute and a member of the monetary policy committee of the People's Bank of China. ...
Get the news as it breaks and go behind the day's top stories, from politics, business, culture and sports to nature, travel and technology. CGTN delivers a Chinese perspective on global news through innovative use of the latest media tools.
In the view of Nicolas Moreau, CEO of HSBC Global Asset Management, allocating assets to Asia is one of the strategies to respond to global financial market volatility. According to him, the inflation crisis in the West has led to continuous interest rate hikes by major central banks, which...
This shift in monetary policy provides a much needed boost to the stock market. China’s A-share market reacted positively at the news, having climbed for 3 consecutive days since Tuesday.As domestic and international economic environments continue to evolve, the transition to a moderately loose ...
that cash is being drained out of the eurozone financial system, which is pushing the single currency up. The LTRO were short-term loans (largely one and three years, mostly) that was initiated by the ECB in 2011 as a way to pump liquidity into banks at the height of the debt crisis....