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Added on the 08/09/2015 08:44:07 - Copyright : Reuters EN
The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said on Monday as she wrapped up high-level talks in China. This was the situation over a decade ago when Chinese government support led to a surge in steel exports, she told reporters, adding: "I know that these serious concerns are shared by our allies and partners." SOUNDBITE
A Chinese research vessel enters Sri Lanka's Chinese-run southern port of Hambantota despite concerns from India and the United States about its activities. The Yuan Wang 5 entered the port after securing permission to enter Sri Lankan waters on condition it will not engage in any research. The Indian government has lodged a complaint with Colombo over fears the ship could spy on its activities, and the United States has also expressed concern. IMAGES
Hong Kong, Aug 16 (EFE/EPA).- (Camera: Jerome Favre) China's industrial production grew by 6.4 percent year-on-year in July, the National Bureau of Statistics (NBS) reported Monday.The figure was below analysts' forecasts - who expected 7.8 percent - and lower than the 8.3 percent growth recorded the previous month.FOOTAGE OF THE HANG SENG.
Beijing/Shanghai, Jul 29 (EFE/EPA).- China's economy will grow 1.6 percent this year but will expand 7.9 percent next year, according to projections in the latest World Bank report, published Wednesday.Although the forecast for 2020 will be the smallest growth since 197, growing 7.9 percent in 2021 would signify the fastest pace since 2012, taking into account that the GDP growth rate is measured in year-on-year terms and that in 2011 it had been 9.6 percent. (Camera: WU HONG / ALEKSANDAR PLAVEVSKI)FOOTAGE SHOWS B-ROLL OF SHANGHAI AND BEIJING, CHINA.
The COVID-19 pandemic could provoke the deepest recession in living memory, World Trade Organization chief Roberto Azevedo warns. "As we face what may well be the deepest economic recession or downturn of our lifetimes, we should aim to make the most of all potential drivers of sustainable growth to reverse this situation," he says during a virtual news conference in Geneva. SOUNDBITE
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