Newly approved measures to create more city clusters could be new engine for China’s economic growth and urbanization.
Ukraine’s new vehicles sales slumped to a 14-year low in March due to the ongoing political and economic crisis in the East European country, an industry body said Friday.
France, one of Europe’s main powerhouses, driven by falling oil prices and euro depreciation, is expected to accelerate its gross domestic product growth in the first half of the year, according to statistics agency Insee.
The U.S. economy added 126,000 jobs in March, falling short of economists’ estimate of 245,000 and the unemployment rate held steady at 5.5 percent, the latest sign the labor market might be slowing down, the Labor Department reported Friday.
As some foreign companies are closing down their factories in China, concerns also grow that foreign investors are massively leaving China.
China’s considerable fiscal and external buffers provide time for structural reforms to gain traction, global rating agency Moody’s Investors Service said on Thursday.
Germany has been approved as a prospective founding member of the Asian Infrastructure Investment Bank (AIIB), China’s Ministry of Finance announced on Wednesday.
The British government revised up its quarterly economic growth estimate from 0.5 percent to 0.6 percent for the fourth quarter (Q4) of 2014, data from the Office for National Statistics (ONS) showed Tuesday.