Rating agencies have overstated China's economic difficulties when lowering the outlook on its sovereign credit rating from stable to negative, an official said Friday.
Credit rating agency Moody's decision to downgrade the outlook for China's sovereign bonds misses the bigger picture and has little impact on financial markets, the Ministry of Finance (MOF) said Wednesday.
Taiwan's economic recovery remained weak in February, as the overall business indicator flashed blue for a ninth month, new data showed Monday.
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.
Key indicators measuring German economic morale improved in March, surveys found on Tuesday. Experts, however, warned that Europe's biggest economy faced a cloudy future as slow global growth curbed exports and investment.
Regional economic integration in Asia is expected to deepen further as China moves up the international value chain despite weakening trade growth, experts who follow China's ongoing economic transition said on Tuesday.
China will spare no effort to implement supply-side structural reform over the next five years to ensure sound and sustainable economic growth, Vice Premier Zhang Gaoli has said.
The Indonesian government plans to launch an economic stimulus package this week to lure foreign capital and prop up economic growth, a senior minister said here on Monday.
China will step up supply-side structural reform in its 13th Five-Year Plan period, Vice Premier Zhang Gaoli said at the opening of the China Development Forum in Beijing on Sunday.
The Venezuelan government on Monday declared a two-month extension for the current state of economic emergency, saying that the country's economic crisis is yet to be overcome.
China's residential property market is unlike the housing bubble experienced by Japan in the 1980s, Minister of Housing and Urban-Rural Development Chen Zhenggao said Tuesday.
As a resilient nation, South Africa has the potential to overcome its immediate challenges, the National Treasury said on Monday.
President Xi Jinping's insights on China's political and economic development, dubbed "Xi political economics," have reverberated through the Great Hall of the People throughout the yearly key political events.
The Democratic People's Republic of Korea (DPRK) on Thursday nullified all agreements on economic cooperation and exchange with South Korea, the official KCNA news agency reported.
Premier Li Keqiang called for new momentum to promote economic growth Sunday, saying China has the ability to meet its economic and social targets.
Facing downward risks, volatile securities and sluggish manufacturing, China is exploring a new approach to rein in a slowdown and restructure the economy.
Despite the current slowdown in growth, China's economy has been showing strong resilience and great development potential, as the government still has plenty of tools at its "toolbox" to bolster economic growth.
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