Countries should take advantage of the cheap oil prices to put their fiscal house in order to tackle the slowing world economy, the World Bank Chief Economist Kaushik Basu said Wednesday, cautioning that many countries would fall short of fiscal ammunition if hit by a deeper crisis.
Countries should take advantage of the cheap oil prices to put their fiscal house in order to tackle the slowing world economy, the World Bank Chief Economist Kaushik Basu said Wednesday, cautioning that many countries would fall short of fiscal ammunition if hit by a deeper crisis.
Whatever else 2014 will be known for, it was not an easy one for Uncle Sam who wrapped up the year with nationwide protests ignited by racial tensions.
The development of relations between China and Oceanian countries have entered a new era after Chinese President Xi Jinping's visit to this part of the world in November this year.
Chinese Premier Li Keqiang arrived Bangkok Friday to attend the fifth summit of the Greater Mekong Subregion Economic Cooperation.
Visiting Chinese Premier Li Keqiang on Tuesday attended the third leaders' meeting of China and Central and Eastern European (CEE) countries in Belgrade, Serbia, outlining a roadmap for future cooperation.
Visiting Chinese Premier Li Keqiang on Tuesday attended the third leaders' meeting of China and Central and Eastern European (CEE) countries in Belgrade, Serbia, outlining a roadmap for future cooperation.
Asian countries, China and India in particular, are poised to become the biggest trading partners of the six Arab oil states of the Gulf Co-operation Council (GCC) countries, said a report released on Tuesday by the Economist Intelligence Unit (EIU) and Dubai-based Falcon and Associates.
The passing year has witnessed continued chill in Japan's relations with major neighboring countries, mainly China, South Korea and Russia, a trend rarely seen in the country's post-war history.
Using the "Belt and Road Initiatives," China is looking for practical cooperation with its Asian neighbors and other countries in the world. The ongoing overseas tours by Premier Li Keqiang mark another concrete step to put such initiatives into practice.
Senior Communist Party of China (CPC) official Liu Yunshan met with a group of prominent U.S. politicians and scholars on Monday.
China and the ASEAN countries should build a community of common destiny with strategic mutual trust to meet the supreme interests of all parties, experts from both sides said at the ASEAN Development Forum 2014 held here on Saturday.
The Asian Infrastructure Investment Bank (AIIB) recently established by China is very timely and will be beneficial to the nations of the Association of Southeast Asian Nations (ASEAN), Thailand's former deputy prime minister Korn Dabbaransi said here Saturday.
The annual United Nations climate talks finally wrapped up in Lima, Peru, in the wee hours of Sunday, achieving an acceptable but not satisfying result and leaving unresolved issues to the climate conference in Paris in December 2015.
China has experienced a bumper harvest of diplomacy in 2014, Foreign Minister Wang Yi said Thursday at the New Year Reception 2015.
China has made great efforts in enhancing the South-South cooperation which has injected new vitality into cooperation of this kind, a senior UN official said.
In principle, China, like any other country in the world, will not give up an inch of its land. In reality, it is willing to cooperate with others to manage resources and protect free navigation in the South China Sea, which benefits not only individual countries, but also the region as a whole.
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