HARARE, April 23 (Xinhua) — The Belt and Road Initiative (BRI) is taking China\’s development dividends beyond the Asian country to the world, ushering in a new era of connectivity for African economi
Tag: Bank
India\’s forex reserves rise
NEW DELHI, April 21 (Xinhua) — India\’s foreign exchange reserves rose by 1.65 billion U.S. dollars to 586.41 billion dollars as of April 14, showed the data released by the Reserve Bank of India (RBI
Chinese policy bank scales up support for water conservancy projects
BEIJING, April 22 (Xinhua) — China Development Bank, one of the country\’s policy banks, stepped up financial support for major water conservancy projects nationwide in the first three months of this
Choosing between U.S., China to bring less prosperity, more poverty: EU Central Bank chief
NEW YORK, April 18 (Xinhua) — The rising political pressure on countries to choose between the United States and China would lead to less economic growth across the world and should be avoided by \”al
AIIB extends 140 mln-euro loan for Türkiye\’s Antalya airport expansion
ANKARA, April 17 (Xinhua) — The Asian Infrastructure Investment Bank (AIIB) announced Monday that it is extending a 140 million euro (about 153 million U.S. dollars) loan to Türkiye\’s Antalya airport
Stronger-than-expected economic indicators portend robust recovery momentum
(ECNS) — Recently released indicators show that China\’s economy continues to maintain robust momentum in recovery during the first quarter, with some sectors performing better than expected despite t
China EximBank extends 300 bln yuan of loans to manufacturing sector in Q1
BEIJING, April 16 (Xinhua) — The Export-Import Bank of China (China EximBank) said it has issued 300 billion yuan (43.73 billion U.S. dollars) of loans to the country\’s manufacturing industry during
U.S. unable to fix gun violence: Atlantic
NEW YORK, April 13 (Xinhua) — The deadliest acts of mass murder in the United States since 9/11 all share one feature: the killer in every case used an assault-style weapon or a firearm equipped with
World Bank economist upbeat about China\’s growth prospects
This aerial photo taken on Oct. 23, 2022 shows a view of the Dongfang Lingang Industrial Park in south China\’s Hainan Province. (Xinhua/Pu Xiaoxu)
World Bank East Asia and Pacific Chief Economist Aadi
China\’s rebound \”additive\” needed to promote global growth in 2023: WB president
WASHINGTON, April 13 (Xinhua) — China\’s economic rebound is an \”additive\” needed for a year like 2023 where global growth is expected to be weak, said World Bank Group President David Malpass on Thur