AIIB ready to support most vulnerable countries: Jin Liqun2023-03-28
"While liquidity continues to tighten, we need to help those countries that are insolvent. The Asian Infrastructure Investment Bank stands ready to support the world's most vulnerable countries, and we have increased our multilateral assistance to countries including Pakistan and Sri Lanka. In addition, we are considering post-earthquake support for Turkey," said AIIB President Jin Liqun.
China set to account for one third of global growth in 20232023-03-27
"China's economy is seeing a strong rebound, and the IMF's January forecast puts its GDP growth at 5.2 percent this year—a sizeable increase of more than 2 percentage points from the 2022 rate," said IMF managing director Kristalina Georgieva.
SVB crisis: U.S. urged to adopt responsible macro policy2023-03-24
The United States should increase transparency, adopt a responsible macroeconomic policy, and avoid radical policy shifts that may cause serious spillover effects, Foreign Ministry spokesperson Wang Wenbin said on Thursday, as the Silicon Valley Bank(SVB)'s sudden failure has sent tremors around the financial world.
Luban Workshop empowering Pakistani youth2023-03-23
Luban Workshop, an initiative jointly advanced by Punjab Technical Education and Vocational Training Authority (TEVTA), Pakistan and Tianjin Modern Vocational Technology College, China, is empowering local youth by equipping them with technical know-how.
President Xi’s state visit to Russia aims for friendship, cooperation and peace: FM spokesperson2023-03-18
“During his upcoming state visit to Russia, President Xi Jinping will have an in-depth exchange of views with President Putin on bilateral relations and major international and regional issues of mutual interest, boost strategic coordination and practical cooperation between the two countries and inject new impetus into the growth of bilateral relations,” said Chinese foreign ministry spokesperson Wang Wenbin in a daily press briefing on Friday.
China Economic Review Mar. 172023-03-17
Since the beginning of this year, the number of wholly foreign-owned public funds has expanded to seven; qualified foreign investors are also increasing, with six more institutions getting approval in the year. With steady economic growth, huge market potential and high-standard opening up, China has continued to sharpen its appeal to foreign investors.