Tag Archives: challenges

Chatter at the IMF: In 10 years, headquarters could be in Beijing

Christine Lagarde, the managing director of the International Monetary Fund, may not have realized that the headlines after her talk Monday on global economic challenges were about her casual remarks that the IMF could be based in Beijing in 10 years.

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Documentary on reform wins praise from public

A 10-episode political documentary that began airing last week has gained positive feedback from the public nationwide, with many people expressing confidence toward the Communist Party of China’s ongoing efforts to comprehensively deepen reform.

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Ma stresses role of business in China-US ties

Ten prominent business leaders from China, led by Jack Ma, founder and executive chairman of the Alibaba Group, and 10 from the US, led by Stephen Schwarzman, chairman and CEO of The Blackstone Group, gathered in Washington for the inaugural US-China Business Leaders Summit on Tuesday.

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China, India boost asset managers

Even as assets under management rose in 2016, companies that manage investments still face challenges, as net new flows – the industry’s lifeblood – were tepid and profit margins remain under pressure.

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Oil giants sign 3-way deal to exploit gas reserves in Gulf

Chinese, French and Iranian energy giants signed a $4.8 billion deal to develop the world’s largest natural gas reserve in the Persian Gulf on Monday.

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Xi trip to give clear boost to the economy

President Xi Jinping’s upcoming trip to Russia and Germany, starting on Monday, is expected to inject positive energy into the global economy amid China’s efforts to boost free trade and open economies, analysts said.

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