China\’s gross domestic product (GDP) in the first quarter of this year grew by 5.3 percent year-on-year, an increase of 1.6 percent from the previous quarter, according to statistics released by the c
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Explainer: Why the world remains optimistic about China\’s economic prospects?
An aerial drone photo taken on Jan. 1, 2024 shows the Yangpu Economic Development Zone at sunrise, south China\’s Hainan Province. (Xinhua/Pu Xiaoxu)
The world\’s confidence in China is rooted in China\’
U.S. foreign policy depletes wealth of its citizens: American scholar
BEIJING, Dec. 30 (Xinhua) — The foreign policy of the United States is not concerned with the well-being of its citizens and is an immense waste of wealth, an article of the Pearls and Irritations, a
Belt and Road Initiative promotes global wellbeing, human rights
BEIJING, Dec. 15 (Xinhua) — Under the Belt and Road Initiative (BRI), China has contributed a lot to advancing global human rights and welfare through inclusive international cooperation, said expert
Global financial institutions increasingly upbeat on Chinese market
A growing number of global financial institutions have in recent days increased or plan to increase their holdings of Chinese assets, as they express confidence in the recovery of the world\’s second-l
Biden signs bill to raise U.S. debt limit
NEW YORK, June 3 (Xinhua) — U.S. President Joe Biden signed Fiscal Responsibility Act of 2023 into law Saturday afternoon so as to avoid a historic default on government debt.
The bipartisan act susp
U.S. dollar to play much less dominant role within decade: U.S. economist
NEW YORK, April 7 (Xinhua) — The U.S. dollar will play a much less dominant role than it is today within the next ten years due to a smaller share of the U.S. economy in the world, weaponization of t
San Francisco\’s First Republic Bank to receive 30 bln USD rescue from 11 U.S. large banks
SAN FRANCISCO, March 16 (Xinhua) — As the share price of San Francisco-based First Republic Bank fell and its credit was downgraded, 11 U.S. large banks said on Thursday they would make uninsured dep
Wall Street\’s confidence growing in Chinese equities
Outlook: Investing in nation \’worth it\’Wall Street has been buying heavily into United States-listed Chinese companies over the past few months, a move that is primarily supported by the improving out
Expert: Facts support pipeline blasts theory
WASHINGTON — The recent report by a renowned journalist in the United States on the involvement of the US Navy in the Nord Stream explosions is credible and is consistent with several facts, an academ