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IMF semi-annual report warns of choppy waters ahead

“Despitethegoodnear-termnews,longer-termprospectsaremoresobering,”saidMauriceObstfeld,EconomicCounselorandDirectorofResearchattheIMF.Whiletheworldeconomycontinu

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ASEAN, China commemorate 15th anniversary of Strategic Partnership

ByAPDwriterMaverickJAKARTA,April9(APD)—ChinaandAssociationofSouthEastAsianNations(ASEAN)commemorated15thanniversaryofthetwoeconomies’strategicpartnership,highly

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B&R nations to further benefit from China's initiative-- EBRD economist

CountriesalongtheBeltandRoadcanbenefitfromChina'sBeltandRoadInitiativebyseekingfurthereconomicintegration,greaterinvestmentandbettergovernance."Thecontinuedfocu

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China's innovation tops 'many advanced economies'

Outof137economiessurveyedworldwide,theChinesemainlandranks27thintermsofoverallcompetitivenesswhileininnovation,itis"onparorevenbetterthanmanyadvancedeconomies,"

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Big Four banks more influential than BRICS' peers

BankofChina(BOC)wasrankedthefirstamongbanksofBRICScountriesinthenewlymodifiedBankInternationalizationIndex(BII),accordingtoareportjointlyreleasedbytheAcademyofI

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Report: Bank of China top Bank Internationalization Index among BRICS

TheAcademyofInternetFinance(AIF)ofZhejiangUniversityreleasedtheir2017ReportonBankInternationalization,inpartnershipwiththeInternationalMonetaryInstitute(IMI)ofR

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Can Asia take the next step to high income?

Today,morethan95percentofAsiansliveinmiddle-incomeeconomies,comparedtolessthan10percentintheearly1990s.Thisremarkableshiftwasdrivenbyrapideconomicgrowth,especia

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U.S. needs to consider spillover of its monetary policies

The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points to a range of 1.50-3.75 percent and indicated a faster rate hike pace next year, which triggered significant adjustments in global financial markets.

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Xi's Goa trip expected to bring vitality to BRICS cooperation

​Chinese President Xi Jinping is expected to bring confidence and vitality to partnership within the bloc of emerging economies and enable it to contribute more to global growth and economic governance when he attends the 8th BRICS summit in India on Saturday and Sunday.

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G20 warns of risks hurting global economy, financial markets

Global economy continued to face uncertainty and rising risks, Lou Jiwei, China's Finance Minister, said on behalf of the G20 economies on Friday.

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G20 summit to promote green growth

Many of the observers and business people are looking to the upcoming Group of 20 (G20) summit in the Chinese city of Hangzhou for potential opportunities, particularly those created by the global pursuit of sustainable and green growth.

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Advanced economies lack tools to deal with sluggishness

Since the 2008 global financial crisis struck, policymakers in advanced economies have adopted various kinds of measures, ranging from fiscal, monetary to structural ones, to try to revive the economy, but to no avail.

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Global economy faces more risks amid sluggish recovery

Looking back at the past half year's global economy, it is disappointing to see a weak recovery and a risky future.

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Global economic governance reform must pass reality check

​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.

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Industrial parks have helped economic development

​Industrial parks have proved successful in kick-starting economic development, even in some of the world's most underdeveloped economies, former World Bank chief economist Justin Yifu Lin said at an economic forum on Tuesday.

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Boao forum report warns of debt risk among emerging economies

​The risk of debt crisis is threatening major emerging economies, according to a report by the Boao Forum for Asia released on Tuesday.

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From Beijing to Manila, Chinese proposals boost confidence in Asia-Pacific economy

Leaders of 21 Pacific Rim economies are to gather here this week under the theme of "Building inclusive economies, building a better world."