WhatwillBRICS–theblocofemergingmarketscomprisedofBrazil,Russia,India,ChinaandSouthAfrica–looklikeinthefuture?AleadingChinesespecialistintrans-continentalcoopera
Ahead of the annual spring meetings of the International Monetary Fund and the World Bank, U.S. Treasury Secretary Jacob Lew said it is necessary to have reforms to modernize the international economic architecture set up after World War II.
The risk of debt crisis is threatening major emerging economies, according to a report by the Boao Forum for Asia released on Tuesday.
China will set up more innovation and entrepreneurship incubators, or "makerspaces," to support economic restructuring and industrial upgrading, the State Council announced Thursday.
The World Bank on Wednesday cut global growth forecast for 2016 down to 2.9 percent, saying that weak growth among major emerging markets will weigh on global growth in 2016.
The U.S. Federal Reserve's decision to leave its zero interest-rate policy unchanged has given emerging economies, including China, some breathing room, but the Fed must stay cautious of the havoc a future rate hike could cause.
To raise or not to raise? That is a question for the U.S. Federal Reserve to ponder, but the uncertainty over a potential increase in interest rates has had negative spillover effects in the market.
The heads of the World Bank and the International Monetary Fund (IMF) said Thursday that they are willing to strengthen cooperation with the Asia Infrastructure Investment Bank (AIIB) to unleash the huge potential in the region.
Immediate pressures on the public finances in emerging markets have eased in recent months as sovereign-bond yields and volatility have declined, but fiscal risks are on the rise in most emerging market economies, said the International Monetary Fund (IMF) on Wednesday in a newly-released report.
Emerging economies are being challenged by an external environment that is less supportive compared with pre-crisis period and internal factors are also making growth slower in many countries, said the IMF in a new research on Thursday.
While U.S. Federal Reserve's monetary path is oriented to the tightening side, most analysts believed Asian emerging economies will be quite well-positioned to deal with the market volatility caused by U.S. tapering of monetary stimulus.
The spillover effects on emerging markets caused by the tapering of U.S. quantitative easing (QE) could be varied from country to country, participants to the World Economic Forum (WEF)'s Davos meeting said Saturday.
China stands out as a star performer amid the slowdown in the world's emerging markets, with its economy showing increasing signs of picking up.
While most global markets rose slightly on Thursday in reaction to the last-minute debt deal in the United States, which prevented the world's biggest economy from default, analysts said emerging markets should not "lay back" amid growing macro-economic challenges and the need for reforms.
The International Monetary Fund (IMF) on Tuesday lowered its forecast for global economic growth, saying the world economy has entered another transition with a set of challenges that call for new reform efforts.
Emerging economies have reached a crossroads and need structural reforms to re-engineer growth and prepare for market turbulence as the U.S. Federal Reserve moves closer to winding down its stimulus policy, leading economists say.
China is facing challenges of preventing and controlling infectious diseases due to a rise of emerging infections and mass migration, a senior health official said Wednesday.