THE International Monetary Fund yesterday raised its forecast for China’s
2017 economic growth to 6.7 percent
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“policy support, especially expansionary credit and public investment”.
In April, the IMF hiked its forecast for this year to 6.6 percent from
January’s 6.5 percent, which was 0.3 percentage points above the previous
projection.
China’s economy grew a faster-than-expected 6.9 percent in the first quarter
of this year, well above the government’s target of around 6.5 percent for the
full year.
The IMF said it now expects China’s growth to average 6.4 percent annually
during 2018-2020. In April
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growth to be 6.2 percent.
Along with a higher growth forecast, the IMF yesterday recommended China
speed up reforms to transition its economy to more sustainable growth and adopt
less accommodative monetary policy.
“The critically important recent focus on tackling financial sector risks
should continue, even if it entails some financial tensions and slower growth,”
IMF deputy managing director David Lipton said in Beijing.
China needs to ensure that “where credit is granted, it is backing economic
activity that will be useful, that will be supportive of growth and will permit
debts to be serviced without difficultly
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China should also resume progress toward a flexible exchange rate, Lipton
said, while adding that the IMF assesses the yuan to be “broadly in line with
fundamentals”.
The strengthening US economy, albeit with normalizing interest rates, is
likely to be useful for the rest of the world, Lipton said.
The IMF official said President Xi Jinping’s speech at Davos in January was
the start of China playing “a kind of leadership role at a time when there is a
dialog going on around the world about the path of globalization.”
CARACAS
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vendre Homme Nike Air Vapormax 2018 Bordeaux Rouge Noir , Sept. 23
(Xinhua) -- With less than a month to go from regional polls, Venezuela saw
campaigning begin on Saturday, with the ruling and opposition parties bitterly
divided after months of protests.
The campaigning activities, which began on Saturday evening, will last
through Oct. 12, according to the National Electoral Council (CNE)
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the elections.
Over this period of time, political parties and candidates can hire air time
for advertising on private and public televisions. Political parties can use air
time for three minutes per channel a day, while candidates can do so for up to
four minutes a day.
On standard-format newspapers, candidates can take half a page a day for
their uses, while they can advertise on full pages on tabloid media.
Furthermore, candidates for state governors can hire out cellphone operators
to send up to three messages a week.
On Oct. 15
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hold regional elections, including for the governors of its 23 states.
The country is currently in a high political tension, due to an economic
recession, a runaway inflation, and a lack of essential goods and services.
The government of President Nicolas Maduro has been criticized at home and
abroad for setting up the National Constituent Assembly (ANC), a legislative
superbody. It is seen as replacing the National Assembly
Nike
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controlled by the opposition Democratic Unity Roundtable (MUD).
But ANC President Delcy Rodriguez told Xinhua in an interview that the ANC
elected to rewrite the constitution "will shield" the country from U.S.
sanctions and threat of military intervention.
Albanian version of Chinese president's book on governance launched in Tirana
Sanitary workers clean rubbish at Three Gorges in China's Hubei
15th Asia Arts Festival opens in east China
Air Force teams perform at 25th Malta Int'l Airshow
Autumn scenery of Kanas scenic area in NW China's Xinjiang
Chinese, Pakistani air forces conduct joint drill
Paddy cultivation area in China's Yanbian surpasses 46,000 hectares
China Focus: Beijing-Shanghai railway speed rises to 350 kph
ANKARA, Sept. 23 (Xinhua) -- Turkish Prime Minister Binali Yildirim warned on
Saturday that Turkey's steps in response to a planned independence referendum in
northern Iraq's Kurdish region will have security, diplomatic, political and
economic dimensions.
Speaking to reporters in the central province of Kirsehir
Achat
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independence referendum was wrong and an "adventurist" move that put Turkey at
risk, and Turkey will be in close cooperation with Iran and Iraq to response.
When asked if a cross-border operation was among the steps, he said that
possible responses to the referendum include security, economic, and political
options, saying it was "a question of timing."
The prime minister underlined that those who made the decision to hold the
referendum would pay a price.
On Friday
Acheter
Femme Homme Nike Air Vapormax Flyknit 2018 Grise , Turkey's
National Security Council warned northern Iraq against holding a referendum on
independence would cause "grave results," and called the referendum to be
completely cancelled.
On June 7, the Iraq's Kurdistan Regional Government President Masoud Barzani
announced his plan to hold a referendum on Sept. 25 on seeking independence of
the semi-autonomous Kurdish region from Iraq.
The international community, especially Iraq's neighboring countries such as
Iran, Turkey and Syria, have voiced strong opposition to the move
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inspire the huge Kurdish population in their own countries to follow suit.
Dutch official calls on more businesses to get on board China Railway Express
to Europe
Interview: Aung San Suu Kyi stresses curbing violence without use of
excessive force in Rakhine state
China's bike-sharing company ofo to increase bikes in London
Chinese, Pakistani air forces conduct joint drill
Autumn scenery of Kanas scenic area in NW Chin.