IMF Optimistic on World Economic Growth

By Barry Wood The International Monetary Fund says the world economy is growing at the fastest past in three decades, but in its semi-annual report the international lender says growth is likely to sl

Normalize monetary policy

The recent rise in China's inflation has grabbed the attention of the public and policymakers alike. Consumer price inflation rose to 4.4 percent in October and a further increase is expected. This is higher than we are used to in China, although it

VOA标准英语2008年-African Growth Threatened by Higher Food, Fuel

By Barry Wood Washington 22 May 2008 Economists specializing in Africa say the continent's five-year run of record economic growth is threatened by sharply rising fuel and food prices. VOA's Barry Wood reports on a Capitol Hill forum Thursday sponsor

China reiterates prudent monetary policy for 2012

BEIJING, July 13 (Xinhua) -- The central bank reiterated Friday that the country will continue to implement a proactive fiscal policy and prudent monetary policy in 2012. The statement was released by the People's Bank of China after data showed that

Monetary policy to remain prudent: central bank official

BEIJING, Feb. 19 (Xinhua) -- China's central bank said Sunday it will maintain a prudent monetary policy as the country faces pressure in supporting growth and containing inflation. The remarks, made by an official with the People's Bank of China (PB

China cuts GDP growth to 7.5 pct in 2012

BEIJING, March 5 (Xinhua) -- China sets its GDP growth target at 7.5 percent this year, down from 8 percent in 2011, according to a government work report to be delivered by Premier Wen Jiabao at the parliament's annual session Monday. This is the fi

Cities called key to growth

BEIJING, Mar. 18 (Xinhuanet) -- Urbanization will be a major feature of China's economic growth and continue to gain momentum, Liu He, Party chief of the Development Research Center of the State Council, said on Saturday. At the China Development For

China's CPI growth dips to 4.1 pct in December 2011

BEIJING, Jan. 12 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 4.1 percent year-on-year in December, down 0.1 percentage point from November on falling non-food prices, the National Bureau of Statistics (NBS) said Th

G20 vows to support financial stability, sustainable growth

MOSCOW, Feb. 16 (Xinhua) -- Finance ministers and central bankers of the Group of 20 (G20) on Saturday pledged to strengthen financial stability and promote sustainable growth at the conclusion of a two-day meeting here. In a joint communique issued

IMF Head Says Growth No Longer Enough

Even as countries around the world are posting better economic growth rates two years after a global recession, officials from the International Monetary Fund say that is not enough to improve the livelihood of most people. Global finance chiefs at t

ADB lowers China's 2012 growth prediction

BEIJING, July 12 (Xinhua) -- The Asian Development Bank (ADB) on Thursday lowered its prediction for China's economic growth to 8.2 percent in 2012 and 8.5 percent in 2013, although a bank official said a hard landing is unlikely. The ADB made the re

Europe Lowers Growth Forecast for 2012

Lisa Bryant | Paris November 10, 2011 - Europe got more bad news on Thursday, as the European Union's executive arm sharply downgraded growth forecasts for the region. This has major implications for a continent buffeted by the financial and politica

Risks to U.S. economic growth on rise: Bernanke

WASHINGTON, July 17 (Xinhua) -- Top policymakers of the U.S. Federal Reserve believed that risks to U.S. economic growth have increased, U.S. Federal Reserve Chairman Ben Bernanke said Tuesday. Participants at the June FOMC (Federal Open Market Commi

China's economic growth stabilizing, annual growth target attainable

China's economic growth stabilizing, annual growth target attainable BEIJING, Oct. 18 (Xinhua) -- China's economic growth has started to stabilize and shown positive changes, said a statement released after a State Council meeting presided over by Pr

China hopes G20 summit boosts economic growth

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China to timely fine-tune monetary policy: central bank

BEIJING, May 10 (Xinhua) -- China will maintain a prudent monetary policy in the months ahead, while timely and appropriately fine-tuning the policy, the People's Bank of China (PBOC), or the central bank, said Thursday. The government will make its

China expects steady, rapid growth in 2012

BEIJING, June 1 (Xinhua) -- China's economy will maintain steady and rapid development momentum this year though facing downward pressures, said a senior official on Friday. The overall economic conditions are good and growth rates are within the exp

Car Index Indicates Growth Potential High in Developing Nations

Car Index Indicates Growth Potential High in Developing Nations The International Monetary Fund hints it may cut global growth forecasts again next month when it updates its projections for the world economy. The global lending institution says world

2016年CRI Sustainable Growth Tops Agenda of G20 Meeting

Zhu Jiejin is Associate Professor at the School of International Relations and Public Affairs, Fudan University in Shanghai. He says economic growth will top the agenda. Several days ago the world bank reduced its global economic growth prospect from

2018年CRI IMF predicts 3.9% world economic growth for 2018 and 2019

In its latest World Economic Outlook, the International Monetary Fund has continued its earlier prediction of a 3.9% world economic growth rate for this year and the next. However, it also issued a warning about long-term challenges. In its latest Wo