拉加德：中国经济放缓属“健康”

Speaking to reporters as part of the IMF and World Bank's current meetings in Lima, Peru, IMF chief Christine Lagarde says suggestions the Chinese economy may be at a point of crashing are misplaced. Lagarde says its the IMF's belief the slowdown is

Road to recovery now open: Greek PM

Road to recovery now open: Greek PM

IMF:结构改革是增长的关键

Speaking at the week-long 2016 Spring Meetings of the World Bank and the International Monetary Fund, Zhu Min said, that policy makers and economists have come to a consensus that structural reform should be put at the top of the agenda. Because mone

IMF:全球经济增长缓慢

The International Monetary Fund, or IMF, has projected economic outlook for 2016 and 2017 at 3.2% and 3.5 % respectively. Maurice Obstfeld is the Economic Counsellor and Director of Research Department of IMF. Global growth continues but at an increa

世行预计中国经济增6.7%

BEIJING, April 11 (Xinhua) -- The World Bank expects the Chinese economy to slow to 6.7 percent in 2016, the bank said in a report on Monday. The projection is on par with its last estimate in January. The bank has kept its projection for 2017 at 6.5

世行对中国金融改革发出预警

Chinas services sector will account for more than half the countrys economic growth by 2017, according to the World Bank, which expects the countrys transition from an industrial powerhouse to a consumption-based economy to be orderly. 按照世界银行

Banking sector causes collapse of Spanish stocks

MADRID, June 29 (Xinhua) -- The Spanish stock market suffered this year's third major downfall on Tuesday (-5.45 percent) as a result of the banking sector's liquidity problems. Fears of a double dip world recession grew sharply ahead of U.S. jobs re

美联储宣布明年起缩减QE

美联储宣布明年起缩减QE WASHINGTON, Dec. 18 (Xinhua) -- The U.S. Federal Reserve on Wednesday announced to reduce its pace of bond purchases, the third round of quantitative easing program, by 10 billion U.S. dollars starting January on the

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

Fed announces new steps to boost U.S. economy

WASHINGTON, Dec. 12 (Xinhua) -- After its final policy meeting of this year, the U.S. Federal Reserve on Wednesday announced to continue pumping money into the economy by buying assets and hold its short-term rate near zero until the unemployment rat

Wall Street hits best month for years

NEW YORK, Oct. 31 (Xinhua) -- Wall Street closed lower on Friday but still kept a robust October, with the Dow hitting best month since 2002, the SP hitting best month since 1987. The Dow Jones industrial average tumbled 276.10 points, or 2.26 percen

Obama: 'Enormous Progress' in US-Brazil Relationship

President Barack Obama says there has been enormous progress in the U.S. relationship with Brazil, though more work needs to be done. The president spoke after Oval Office talks with Brazil's president, Dilma Rousseff, covering bilateral economic and

中国降准降息提振经济

This is the third RRR reduction in nearly five months, and the fourth round of interest rate cuts in nearly seven months. According to the People's Bank of China or PBOC, the latest move aims to further lower borrowing costs and boost the economy thr

中国经济健康 潜力巨大

FRANKFURT, June 21 (Xinhua) -- The Chinese economy is healthy and has great potential for further development, a leading German economist has said. In the macroeconomic sense, the Chinese economy is still extremely healthy if one looks at the growth

李总理达沃斯传递经济信心

Chinese Premier Li Keqiang is leaving for Davos, Switzerland, today for the annual World Economic Forum. He will attend the session Wednesday and is expected to deliver a clear message of confidence in the world's second largest economy, amid the fra

改革推动古巴的发展

改革推动古巴的发展 HAVANA, Dec. 30 (Xinhua) -- The Cuban government continued to implement reforms in 2013 as part of its efforts to modernize its social system and spur economic development. All year through, officials continued to make pro

Chinese banks to hold differentiated housing loans

BEIJING, March 1 (Xinhua) -- China's four biggest state-owned banks said Thursday they will continue implementing the differentiated housing loan policy. The four state-run lenders, dubbed the Big Four, are Industrial and Commercial Bank of China, Ch

国务院“节能减排”会议关键词

iron hand 铁的手腕 In a nationwide video and teleconference, Wen told governments at all levels to work with an iron hand to eliminate inefficient enterprises. 在全国电视电话工作会议上，温家宝总理告诉各级政府，要用铁的手

美国向乌克兰提供1亿美元贷款担保

美国向乌克兰提供1亿美元贷款担保 WASHINGTON, March 4 (Xinhua) -- The White House announced on Tuesday that the United States will provide one billion U.S. dollars of loan guarantees to help insulate vulnerable Ukrainians from the effect

经济学人:货币政策 长期低息

Monetary policy 货币政策 A long low note 长期低息 Why interest rates can be expected to stay low for years 为什么可以肯定利率在未来数年都会维持在低位？ CENTRAL bankers have a reputation for snatching away the punch bowl