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19 Apr 16
China is by far the largest new international aid donor, accounting for 70% of non-traditional funds for some of the world’s poorest countries, a report by the UK’s Overseas Development Institute has...
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13 Apr 16
The global economy is at risk of a fresh financial crisis the International Monetary Fund has warned in its Global Financial Stability Report, published today.
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21 Mar 16
China should prioritise reforms to open up its economy, reduce inequality and expand innovation on its “bumpy” transition to a new growth model, International Monetary Fund managing director...
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17 Mar 16
Bold action will be needed from policymakers across developing Asia to counteract China’s slowdown, which could knock a third of a percentage point off growth in the rest of the region for the next...
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8 Mar 16
The Chinese Renminbi is to be identified in the International Monetary Fund’s official foreign reserves database as of October, the fund has announced.
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29 Feb 16
The World Bank approved a $120m loan to China last week to support transport development in Wuhan, the capital of central China’s Hubei province.
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25 Feb 16
The People’s Bank of China has announced the removal of quotas in the country’s bond market, which will open up government-issued bonds to foreign investors.
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17 Feb 16
The Asian Development Bank has announced a new partnership strategy with China, which will prioritise climate change.
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26 Jan 16
World economic growth will fall to its lowest rate since the financial crisis this year and could be as little as 2%, the Centre for Economics and Business Research has forecast.
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19 Jan 16
The International Monetary Fund has trimmed its outlook for the global economy by 0.2% on projections it made in October citing intensifying risks and detrimental trends in the world’s...
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18 Jan 16
The Asian Development Bank is extending a loan to an international leasing company to up to $75m to help the firm expand badly needed funding for healthcare equipment and facilities in China.
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18 Jan 16
The new Beijing-led Asian Infrastructure Investment Bank was formally opened by Chinese president Xi Jinping over the weekend.
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14 Jan 16
The president of the European Bank for Reconstruction and Development will visit China this week to finalise the country’s membership of the bank.
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17 Dec 15
China has become the 77th party to an OECD agreement enabling the automatic annual exchange of tax-related information.
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15 Dec 15
China and Lebanon have been approved to become shareholders of the European Bank for Reconstruction and Development.
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8 Dec 15
China has made good progress in implementing accrual accounting, but big challenges remain.
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1 Dec 15
The International Monetary Fund is to include the Chinese renminbi in the currency basket that determines the value of the body’s Special Drawing Rights reserve asset.
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22 Oct 15
The Confederation of Asian and Pacific Accountants (CAPA) is holding its 19th conference in Seoul, South Korea, from 27 to 29 October. Conference chair In-Ki Joo, shares his ambitions for the event...
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25 Sep 15
“Massive and transformational” universal health coverage programmes are reducing the number of people impoverished by paying for the health care, a World Bank report has found.
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25 Aug 15
The Chinese government has allowed the country’s main state pension fund to invest in the stock market for the first time as part of efforts to halt the fall in share prices that has led to increased...
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12 Aug 15
China’s surprise move to devalue its yuan is not the start of a currency war or an attempt to jump-start economic growth, “it is more structural reform”, Standard & Poor’s...
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20 Jul 15
China has boosted its emerging role as one of the world’s major international aid donors, signing to an agreement with the World Bank to establish a $50m fund to reduce poverty.
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29 Jun 15
The Chinese-led infrastructure investment bank was officially launched today, as the agreement articles for the institution was signed in by 50 countries
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20 May 15
A round-up of recent public finance stories from the Asia Pacific you might have missed.
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20 May 15
A round-up of recent public finance stories from Asia Pacificyou might have missed.