Strong fundamentals provide stable base for high-quality development

A worker works at a factory of Harbin Electric Machinery Company Ltd of Harbin Electric Corporation in Harbin, Northeast China's Heilongjiang province, Sept 3, 2022. (PHOTO / XINHUA) In stark contrast to the volatile economic situation in some major economies, the data bode well for the world's second-largest economy maintaining its recovery curve in the […]

BRICS expansion a matter of time

Growing the membership is inevitable; developing nations need greater say in global governance (MA XUEJING / CHINA DAILY) Although BRICS has engaged several other nations under the rubric of “BRICS Plus” and “BRICS Outreach” summits, the group has remained cautious about adding new members. Lately, however, expanding its membership has become a subject of discussion […]

ASEAN ministers reaffirm commitment to integration

Containers on ships are unloaded at Bangkok Port in Bangkok, Thailand, Oct 15, 2021. (SAKCHAI LALIT / AP) SIEM REAP, CAMBODIA – The economic ministers of the Association of Southeast Asian Nations (ASEAN) on Thursday reaffirmed their unwavering commitment to regional economic integration amid continued COVID-19 pandemic-related challenges and rising geopolitical tensions, according to a […]

Careful economic calibrations

(MA XUEJING / CHINA DAILY) The world economy is navigating uncharted waters as it continues to suffer from a series of destabilizing shocks. After more than two years of the COVID-19 pandemic, the war in Ukraine and its global effects have steepened the slowdown in global growth.  A decisive and wide-ranging policy response will be […]