PBOC Governor Pan Gongsheng has pledged efforts to keep interest rates at an appropriate level and ensure that the financing costs of the real economy are lowered steadily. The central bank will ramp up support for the real economy, guard against systemic financial risks and deepen financial openi...
The global economy has not been performing at its full potential, especially since the subprime mortgage crisis of 2008, which started in the United States and spilled over the banking system of most of the developed Western economies, evolving into the global financial crisis. And before the glo...
China's economy has grown in a wave-like fashion amid twists and turns. Therefore, other countries would do better to coordinate and weather the storm in the global sea along with the giant vessel that is China. A more stable China can better anchor the global economy, and a world of hi...
China's economy has grown in a wave-like fashion amid twists and turns. Therefore, other countries would do better to coordinate and weather the storm in the global sea along with the giant vessel that is China. A more stable China can better anchor the global economy, and a world of hi...
Steve Brice: From our perspective, we agree with the outlook for global growth to slow this year. If we look at the three major regions, we think that a key driver of that slower growth is actually going to be the U.S. economy. ...
China's economy improved further in October, with some key economic data released on Wednesday showing signs of continued recovery. Figures released by the National Bureau of Statistics showed China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sect...
"Last year, there was a fair bit of panic about the stock market, whether the slowdown of the Chinese economy is going too much. What has happened over the last year has been an introduction of a bit of steadiness. There is not much panic now." ...
Chinese economy faced a rising unemployment pressure in 2022, especially for the young age group, as the result of sluggish economic growth. On the one hand, the number of university graduate students was 10.7 million in 2022, reaching the historically high level. On the other hand, as a res...
Going forward, advancing the global economy implies embracing digitalization and environmental sustainability. I have three key perspectives on the future economy. One is the growing subjectivity of AI. Through deep learning with massive datasets and audio and video materials, AI is rapidly approaching ...
At the time, the Chinese economy was about the same size as Italy's, and now it is second only to theUnited States, following a decade of growth through the 2000s that averaged at over 10 percent a year. "I think the next phase that China is going through is actually more beneficial...