Saturday, June 29, 2013
Taiwan's central bank governor, Perng Fai-nan (彭淮南), said recently that Taiwan does not need to have the “three arrows” type of economic revival program launched by Japanese Prime Minister Shinzo Abe.
China's central bank said Friday it would “adjust” tight liquidity after a weeks-long squeeze that has rattled financial markets concerned over the impact on the world's second-largest economy, which is already slowing.
Monday, June 24, 2013
Mongolia goes to the polls Wednesday to elect a new president as the country's mining boom raises questions over the role of foreign investors and the distribution of new found wealth.1 Comment
Saturday, June 22, 2013
A squeeze on credit in China that is rattling world markets appeared to ease slightly as a key interbank interest rate edged lower, prompting speculation the country's central bank may have intervened to calm ravaged nerves.
Monday, June 17, 2013
Now is the best time for China to develop its service trade, and the country can become one of the biggest outsourcing service providers in the world within the next few years, Wei Jianguo, former vice minister of commerce and secretary-general of China Center for International Economic Exchanges, said on Saturday.
Friday, June 14, 2013
The World Bank (WB) has slashed its growth forecast for China's economy this year to 7.7 percent from 8.4 percent, warning of a potential “sharp” slowdown triggered by a fall in investment.
Tuesday, June 11, 2013
Growth in China's auto sales slowed in May from a double-digit rise in April, an industry group said, as new data fueled concerns that the world's second-biggest economy is faltering.
Saturday, June 8, 2013
China's economy will become twice as big as that of the United States and larger than both the U.S. and the EU combined within just 17 years, according to one of China's leading economists.
At least 20 people died and more than 30 were injured when a bus “burst into flames” in southeast China, state media reported, the country's latest deadly road accident.
Friday, June 7, 2013
Authorities have arrested two executives at a factory in connection with China's deadliest blaze in over a decade, local officials said Thursday, after reports that locked doors prevented workers from escaping.