SONG CHEN/CHINA DAILY
Headlines on the global economic outlook have shifted from a foundering recovery amid a cost-of-living crisis early this year to concerns over imminent recession, particularly in
Tag: dollar
Interview: U.S. monetary policy adds to woes of global economy: economist
CAIRO, Oct. 24 (Xinhua) — The U.S. Federal Reserve\’s continuous hikes of interest rates have added to the woes of the global economy, with the developing countries the most impacted, an Egyptian econ
Chinese yuan weakens to 7.1798 against USD Monday
BEIJING, Oct. 16 (Xinhua) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 23 pips to 7.1798 against the U.S. dollar Monday, according to the China Foreign Exchange T
China\’s non-financial ODI up 18.8 pct in January-August
BEIJING, Sept. 21 (Xinhua) — China\’s non-financial outbound direct investment (ODI) increased 18.8 percent year on year to 585.61 billion yuan in the first eight months of the year, official data sho
Kremlin condemns U.S. decision to send depleted uranium shells to Ukraine
MOSCOW, Sept. 7 (Xinhua) — The United States should be held accountable for the consequences caused by the delivery of depleted uranium munitions to Ukraine, Kremlin Spokesman Dmitry Peskov said Thur
Feature: \”Lighting the Way\” — Chinese firm helps build power network in southern Thailand
BANGKOK, Aug. 2 (Xinhua) — Supaporn Raknim, a 36-year-old resident of Thung Song County in Thailand\’s southern Nakhon Si Thammarat province, eagerly expects the early operation of new transmission li
Hollywood reels as screen actors join writers on strike
Members of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) demonstrate in Hollywood, Los Angeles, the United States, on July 14, 2023. As Hollywood actors took
China\’s economic recovery holds steady amid global challenges
The year 2023 is proving to be another challenging year for the global economy. Amid the global inflation crisis and the impact of the Ukraine crisis, overall growth across the board is low. Some majo
Experts: Yuan to be defended if necessary
File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China\’s Jiangsu province. [Photo/Xinhua]
Currency faces pressure amid Fed rate hikes, slowing economic rebound
CPEC plays pivotal role in transforming Pakistan\’s economic landscape: PM
Pakistani Prime Minister Shahbaz Sharif speaks during a ceremony to mark a decade of the signing of the China-Pakistan Economic Corridor (CPEC) in Islamabad, Pakistan, on July 5, 2023. (Xinhua/Jiang C