text

World Bank lowers global economic growth projection to 2.8 pct

​The World Bank on Wednesday tamed down its estimate of the global economic growth from 3 percent to 2.8 percent for this year, with developing economies facing a string of challenges.

text

FTSE says to include China A Shares in global benchmarks

​FTSE, a London-based global index provider, announced on Tuesday it has started the transition to include China A Shares in its global benchmarks with the launch of two transitional indexes for Emerging Markets.

text

WHO report shows mixed results for global health goals

​The World Health Organization (WHO) released on Wednesday its World Health Statistics 2015 report to assess the progress made towards meeting health-related objectives in 194 countries around the world.

text

60 years on, Bandung Spirit remains relevant

​Sixty years ago, the city of Bandung witnessed a historic gathering of representatives from newly independent countries in Asia and Africa; today, it is revisiting the very principles agreed upon at the epoch-marking conference.

text

IMF chief warns of mediocre growth becoming "new reality"

​Despite decreasing macroeconomic risks since last fall, the global economy continues to face a number of significant challenges, and the world should take measures to prevent the mediocre growth from becoming a "new reality", International Monetary Fund (IMF) Managing Director Christine Lagarde said Thursday.

text

Biased reports on AIIB betray entrenched prejudice against China

​The Asian Infrastructure Investment Bank initiated by China is widely recognized as an important instrument for win-win cooperation in Asia, but unfortunately some Western media have ignored basic facts to portray the bank as a sinister invention.

text

Grey Lady's sour grapes on AIIB

A recent editorial by the New York Times (NYT) serves as a perfect example of the sour grapes mentality on the U.S. side about the China-initiated Asian Infrastructure Investment Bank (AIIB).

text

Bill Gates warns world must be prepared for epidemic worse than Ebola

​Billionaire philanthropist Bill Gates said Thursday the world must learn from the tragic Ebola outbreak and be prepared for an epidemic of a far more infectious disease that could affect about 10 million people.

text

Leading int'l financial bodies demands more reform efforts from euro countries

​Leading international financial and economic organizations, including the International Monetary Fund (IMF), called for more reform and growth efforts from the euro countries during a meeting on Wednesday in Berlin.

text

S.Korea cuts policy rate to all-time low of 1.75 pct

​South Korea's central bank on Thursday cut its benchmark interest rate by 25 basis points to an all-time low of 1.75 percent.

text

How about embracing a prospering China?

China's top diplomat Wang Yi answered a long list of tough questions ranging from China-U.S. relations to China-Japan relations on Sunday. The questions themselves are a testimony to worries about China's growing clout and possible confrontation with key global players.

text

Dubai Int'l Boat Show reflects UAE's economic growth

​The ongoing Dubai International Boat Show is expected to attract an unprecedented 26,000 visitors, including high net worth individuals, reflecting the still solid economic outlook in the Gulf Arab sheikhdom despite the recent slump in oil prices.

text

Institut Pasteur launches global health initiative in HK to combat infectious diseases

Institut Pasteur, a leading non- profit international biomedical research organization, launched a global health initiative in Hong Kong, aiming to raise 120 million U.S. dollars by 2020 for several projects to combat infectious diseases.

text

Standardization key for rehabilitating "Made in China"

For decades, inexpensive Made in China products have flooded global markets and brought benefits to people in every corner of the world. But too often, Made in China was directly associated with inferior quality.

text

China warns of challenges for global economy in 2015

​ The global economy faces big and crucial challenges with uncertainty and complexity in 2015, a Chinese government official said in an international financial meeting here on Sunday.

text

Air cargo business on fast growth track in Mideast

​Middle East carriers enjoyed strong cargo transport growth in December 2014, expanding 11.3 percent month on month and 11.0 percent for last year as a whole, International Air Transport Association (IATA) reported Wednesday.

text

India's diplomatic balance conducive to world peace

​While a trace of excitement surrounding the recent high-profile trip to India by U.S. President Barack Obama still lingers, the Asian country's Foreign Minister Sushma Swaraj has come here to convene with her Chinese and Russian counterparts on Monday.