VLADIVOSTOK, July 21 (Xinhua) — It is a positive sign for Russia\’s economy that the country\’s external debt-to-GDP ratio plummeted to a historic low of 15 percent by the end of the first quarter, loc
Tag: Bank
Ukrainian gov\’t approves nationalization of Russia-linked bank
KIEV, July 21 (Xinhua) — The Ukrainian government on Friday adopted a resolution to withdraw the Russia-linked Sense Bank from the market and nationalize it, said the cabinet\’s press service.
\”The pr
Former vice president of China Development Bank under probe
BEIJING, July 20 (Xinhua) — Wang Yongsheng, a former vice president of China Development Bank, is under disciplinary and supervisory investigation, according to an official statement released Thursda
China\’s demand, investment bolster growth in Asia-Pacific: ADB
MANILA, July 19 (Xinhua) — China\’s economy is bolstering the growth in Asia and the Pacific, with the growth outlook for developing economies in the region maintaining at 4.8 percent, according to th
Chinese economy sees hard-won recovery in H1 amid global downturn
BEIJING, July 17 (Xinhua) — China\’s economic performance in the first half (H1) of 2023 showed signs of recovery in the face of various challenges, guest speakers told the China Economic Roundtable h
PBOC official expects China\’s CPI close to 1 pct at year end
BEIJING, July 14 (Xinhua) — China\’s consumer price index (CPI) will see a U-shaped trajectory this year and will be close to 1 percent at the end of 2023, a central bank official said on Friday.
Liu
China Development Bank ups loan support for energy sector in H1
BEIJING, July 12 (Xinhua) — The China Development Bank, one of the country\’s policy banks, stepped up financial support for the energy sector in the first half of the year to help ensure China\’s ener
Palestinian PM slams U.S. inaction on reviving Palestinian-Israeli peace process
RAMALLAH, July 11 (Xinhua) — Palestinian Prime Minister Mohammed Ishtaye on Tuesday slammed the United States for not presenting any initiative to revive the Palestinian peace process with Israel, wh
China to extend financial support for real estate sector
BEIJING, July 10 (Xinhua) — China will extend two financial policies supporting the stable and healthy development of the real estate market to the end of 2024, according to a notice released by the
China\’s digital payment services see global expansion in 2022
BEIJING, July 9 (Xinhua) — China\’s digital payment sector expanded last year to cover more global clients and shore up the domestic real economy, according to a report by China UnionPay, the country\’