SCO & BRICS latest news and insights
By Rhod Mackenzie
China's GDP grew by 5.3% in Q1 2024, exceeding market expectations. This strong start sets a solid foundation for the economy to achieve its pre-set goal of 5% growth for the year.
Chinese analysts have stated that China remains one of the fastest growing major economies in the...
Nicholas Lardy, from the Washington-based Peterson Institute for the World Economy, is one of the few experts who believe that China can return to its pre-pandemic levels of rapid economic development.
In a Foreign Affairs article, he notes that China faced much more challenging obstacles on the p...
The first quarter ended on a positive note for the Chinese economy. The National Bureau of Statistics (NBS) has once again published optimistic statistics: the Chinese manufacturing PMI index, calculated by Caixin Media and S&P Global, rose to 51.1 points in March, slightly exceeding economists' for...
There are more and more indications that the Chinese economy is stabilizing. The statistical data on the profits of industrial enterprises in China in January-February 2024 confirms that Beijing is moving in the right direction with its economic policy. Chinese industry has been experiencing a posit...
Despite the generally positive results of the authoritative Ifo economic and financial survey, Germany's GDP is likely to fall this quarter, predicts London's Sunday Telegraph. This means that Germany will be in a technical recession. More worryingly, the outlook for Europe's first economy looks ver...
During the international forum 'China's Development' at the Diaoyutai State Residence from March 25 to 27, Prime Minister of the People's Republic of China, Li Qiang, discussed the forthcoming changes to the rules governing access to the Chinese market and cross-border data flows.
The head of the P...
