China is expected to become the world’s second largest power in terms of objective national strength by 2030, a top think tank reported on Tuesday.
In its report “China’s Modernization 2008″ that was released on Monday, the Chinese Academy of Social Sciences (CASS) said the country, currently number three globally in objective national strength, is expected [...]
The International Monetary Fund(IMF) lowered on Tuesday its forecasts for U.S. and global economic growth in 2008 but expected the U.S. economy to avoid recession.
U.S. growth is projected by the IMF to slow to 1.5 percent this year, down from 2.2 percent last year and 1.9 percent estimated by the institution in October 2007.
Tags: economic
The European Union (EU)’s External Relations Commissioner Wednesday hailed 2008 as a year of ambition and attractiveness for China.
“This is the Year of the Rat, a year of ambition and attractiveness” for China, Benita Fererro-Waldner told Chinese reporters at the EU headquarters. She was hosting a dinner for Chinese Ambassador Guan Chengyuan one week before [...]
China’s booming economy is expected to cool in 2008, led by globally falling demand and credit contraction as well as the implementation of macro control policies to curb the inflation of an overheated economy, according to a newly release report from Barclays Capital.
In its recent study of emerging markets, Barclays Capital predicts that China’s Domestic [...]
Although it’s conventional wisdom that China’s economy will grow robustly this year, there are different opinions over how strongly it will expand and what policies the government may introduce.
China roared in with another strong economic performance last year when data released by the government last week showed that it expanded by 11.4 percent - the [...]
Jiangsu Province will constantly focus on environmental protection while maintaining strong momentum in economic development in the next five years, acting governor Luo Zhijun said in his work report to the first session of the 11th provincial people’s congress last Friday.
The province witnessed fast economic growth in the past five years with gross domestic product [...]
