Customers shop at a store in Queens, New York, the United States, on Jan. 12, 2023. (Photo by Ziyu Julian Zhu/Xinhua)
Recession fears have been plaguing investors for months now, after the Federal Res
Tag: inflation
China\’s CPI up 0.1 pct in April
BEIJING, May 11 (Xinhua) — China\’s consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in April, the National Bureau of Statistics said Thursday.
China\’s urban employees see steady average salary growth in 2022
BEIJING, May 9 (Xinhua) — The average salary of China\’s urban employees saw steady growth in 2022, data from the National Bureau of Statistics (NBS) showed on Tuesday.
The average salary in the non-p
U.S. Fed approves 10th rate hike, hints at pause amid recession risk
WASHINGTON, May 4 (Xinhua) — The U.S. Federal Reserve on Wednesday implemented the 10th interest rate hike in about a year, hinting at a possible pause in its aggressive tightening cycle amid still e
PBOC: China to post GDP growth of around 5%
File photo shows an exterior view of the People\’s Bank of China in Beijing. [Photo/Xinhua]
China is expected to achieve a GDP growth of around 5 percent this year as the Chinese economy is recovering
China, India \”two exceptions\” to global slowdown this year: World Bank chief
WASHINGTON, April 10 (Xinhua) — China and India are \”two exceptions to the slowdown\” that the global economy is expected to experience this year, World Bank Group President David Malpass has said.
Ma
Global trade growth to slow to 1.7 pct in 2023: WTO report
This aerial photo shows a cargo ship departing from the Yantai Port in Yantai, east China\’s Shandong Province, Jan. 9, 2023.(Photo by Tang Ke/Xinhua)
According to the report, global trade growth shoul
China\’s reopening to give big boost to Cambodia\’s tourism, growth
PHNOM PENH, April 4 (Xinhua) — China\’s optimization of its anti-COVID-19 strategy and resumption of its outbound group tours earlier this year will give a big boost to Cambodia\’s tourism and economy,
ADB urges Pakistan to resume robust reforms for economic recovery
ISLAMABAD, April 4 (Xinhua) — The Asian Development Bank (ADB) here on Tuesday urged Pakistan to resume robust macroeconomic and structural reforms along with stability to bring economic reforms in t
Pakistan scholar: I am a follower of the Chinese development path
(ECNS) — “China is looking at steady domestic product growth towards the set target of around 5%, and it will have a stimulating effect on the economy for countries like Pakistan,” said Hassan Daud B