Huge Risk Facing the Global Economy

Huge Risk Facing the Global Economy






Huge Risk Facing the Global Economy Global economy continued to face uncertainty and rising risks, Lou Jiwei, China’s Finance Minister, said on behalf of the G20 economies Friday. Uncertainty and risks, including elections in major economies, uncertain fallout of Brexit, rising expectation for rate hikes by the Federal Reserve, increased geopolitical risks and terrorist attacks, […]






China’s Resolution Gives Hope to World’s Economy

China’s Resolution Gives Hope to World’s Economy






China’s Resolution Gives Hope to World’s Economy China’s ambition to advance reform and maintain medium to high growth has injected hope and stability into the world economy, experts say. Addressing the opening ceremony of the Business 20 Summit in Hangzhou, Chinese President Xi Jinping reassured the world’s business leaders that China can realize strong growth […]






G20 Summit to Boost Global Trade and Investment

G20 Summit to Boost Global Trade and Investment






G20 Summit to Boost Global Trade and Investment China sent a not so subtle message to Barack Hussein Obama on landing in China for the G20 Summit. Several documents that are likely to be ratified at the upcoming Group of 20 Summit (G20 Summit) will promote trade facilitation, curb protectionism and boost cross-border investment, an […]






There is Growing Evidence That Obama’s Foriegn Policy is Failing

There is Growing Evidence That Obama’s Foriegn Policy is Failing






There is Growing Evidence That Obama’s Foriegn Policy is Failing When US President Barack Hussein Obama travels to Asia next week, he will try to reassure leaders in the region that he still has the ability (read political power) to deliver US approval for the sweeping Trans-Pacific Partnership (TPP), even though the 2 Presidential candidates […]






China, Japan, South Korea to Reinforce Ties

China, Japan, South Korea to Reinforce Ties






China, Japan, South Korea to Reinforce Ties Chinese Foreign Minister Wang Yi, his Japanese counterpart Fumio Kishida and South Korean counterpart Yun Byung-se agreed on Wednesday that the 3 countries shall reinforce cooperation to promote regional stability and development. The Eighth China-Japan-South Korea foreign ministers’ meeting was held in Tokyo Wednesday. The foreign ministers” meeting […]






China Led AIIB, a New Multi-National Development Bank Meeting Expections

China Led AIIB, a New Multi-National Development Bank Meeting Expections






China Led AIIB, a New Multi-National Development Bank Meeting Expections Details of the operation and philosophy of the Asian Infrastructure Investment Bank (AIIB) show that it is meeting expectations to lead development cooperation as a new type of multilateral financial institution. Addressing the AIIB Board of Governors Saturday, the bank’s President Jin Liqun said that […]






B20 Summit in September to Focus on Global Growth

B20 Summit in September to Focus on Global Growth






B20 Summit in September to Focus on Global Growth Business leaders of G20 members will focus on promoting robust, sustainable and balanced growth of the global economy during the September Summit, an official said Thursday. The Business 20 (B20) Summit will gather nearly 1,000 business leaders in east China’s Hangzhou city on 3-4 September, said […]