Topic: China
China's manufacturing activity slumped to its lowest level in 32 months in November, banking giant HSBC said Wednesday, renewing fears the Asian powerhouse is losing steam amid global economic woes.The news comes just days after Vice Premier Wang Qishan, China's top finance ...
Growth in East Asian economies will slow next year with demand from key export markets in the United States and Europe falling as they struggle with their debt crises, the World Bank warned on Tuesday.However the region's large foreign reserves and current-account ...
TOKYO (Reuters) - China's economy faces growing risks from Europe's sovereign debt crisis and from debt held by local Chinese governments but it could engineer a soft landing by easing monetary policy, the World Bank said on Tuesday.In a semi-annual East Asia ...
CHENGDU, China (Reuters) - Chinese Vice Premier Wang Qishan said on Monday that global economic outlook remained grim and that ensuring economic recovery was the overriding priority.Wang also said that China and the United States should work together to achieve balanced economic ...
BEIJING (Reuters) - A long-term global recession is certain to happen and China must focus on domestic problems, Chinese Vice Premier Wang Qishan has said."The one thing that we can be certain of, among all the uncertainties, is that the global economic ...
HONOLULU (Reuters) - U.S. President Barack Obama said he planned to discuss the need for a rebalancing of the global economy in a meeting with Chinese President Hu Jintao on Saturday.Obama, who spoke to reporters at the beginning of the meeting, said ...
The head of the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe's worsening debt crisis.Greece and Italy are grappling with domestic political upheaval brought on by the sovereign debt ...
BEIJING (Reuters) - The head of the International Monetary Fund warned on Wednesday that Europe's debt crisis risked plunging the global economy into a "lost decade" and said it was up to rich nations to shoulder the burden of restoring growth and ...
China has had to delay the loan of two pandas to France because the Greek debt crisis dominated the G20 summit when they hoped to finalise details, French Ecology Minister Nathalie Kosciusko-Morizet said Monday."Things were very far advanced. Unfortunately because of the ...
BEIJING (Reuters) - China is confident that Europe will be able to overcome its debt crisis, Foreign Minister Yang Jiechi said, adding stability in the eurozone was crucial for the global economic recovery.Yang, however, made no mention about increasing investment in Europe ...
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