Isaura Daniel
BEIJING, April 16 (Xinhua) -- U.S. tariff increases on Chinese products will exert some pressure on China's trade and economy in the short term, but won't alter the Chinese economy's long-term positive trajectory, a senior official with the National Bureau of Statistics (NBS) said Wednes...
(The IMF forecasts 6.8% growth for India this year, compared to just 1.6% for the United States.) By 2030, India is forecast to be the third-largest economy in the world, behind the U.S. and China. It’s already the third-largest oil consumer in the world. And it needs even more...
Despite these significant figures, the report highlights troubling trends and potential future impacts of the tariff war. It notes a 2.8 percent contraction in US goods exports to China in 2024, even as global exports saw slight growth. This data does not reflect the US and Chinese tariff incre...
"No country is investing more in higher education and research than China," he said. "And that's why American universities, along with European, Japanese, Australian, you name it, really want to cooperate with China. He said that both governments should allow the greatest degree of cooperation...
curbing an overheated credit market and switching an export-focused economy into a consumer-driven one. China's gross domestic product release on Tuesday showed the economy grew 7.3 percent in the fourth quarter from the year-ago period, bringing growth in the full year to 7.4 percent – the ...
“It’s a big deal. China was the only significant funder of overseas coal left. This announcement essentially ends all public support for coal globally,” said Joanna Lewis, an expert on China, energy and climate at Georgetown University. “This is the announcement many have been wai...
and embraced fossil fuels by declaring a "national energy emergency". It is seeking to unlock the full potential of the US' fossil fuel resources to lower the country's energy costs and strengthen its industrial base, as well as meet the growing electricity demand driven by the growth of ...
THE Bank of Finland estimates GDP growth is expected to slow down 0.7 per cent due to the US-China trade war that began in March 2018 after the US introduced sanctions on Chinese steel imports at 25 per cent, reports London's Ship Technology. ...
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