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Vietnam’s foreign minister credited his Communist-ruled nation’s “bamboo diplomacy” for successfully balancing its relations with the rival global powers of China and the US, and said that the recent resignation of President Vo Van Thuong would not be destabilising.
TOKYO – The costs of a chronically weak yen just grew by US$18 trillion as China’s economy, Asia’s biggest, may be joining the race to the bottom.
China needs to "reinvent itself" with economic policies to speed resolution of its property market crisis and boost domestic consumption and productivity, the International Monetary Fund's Managing Director Kristalina Georgieva said on Sunday.
BEIJING (Reuters) -- China needs to "reinvent itself" with economic policies to speed resolution of its property market crisis and boost domestic consumption and productivity, the International Monetary Fund's Managing Director Kristalina Georgieva said on Sunday.
From the top of the government, China is heavily promoting a plan to fix the country’s stagnant economy and offset the harm from a decades-long housing bubble.
My fellow Briton, Sir Winston Churchill, was especially famous for his wartime leadership but today his name is often seen as the source of a pithy quotation about political systems. “Democracy is the worst form of government,” he said, “except for all those other forms that have been tried from time to time.”
SEOUL/BEIJING — North Korea has sent a delegation to China, Vietnam and Laos, state media KCNA said on Friday (March 22), as the isolated country expands its diplomatic engagement after Covid-19 lockdowns.