Description
From one of the least developed countries in the world to a significant driving force for global growth, China's phenomenal economic transformation has sparked not only acclaim, but also suspicion.
How has the nation made the achievements once thought impossible? What game-changing measures did China take every time others predicted the economy would collapse? And as China faces another turning point in its economic development, what is the biggest challenge in making a smooth transition towards high-quality development? Host Tu Yun talks to Justin Yifu Lin, the former chief economist of the World Bank, on the first episode of our special series commemorating the 75th anniversary of the founding of the People's Republic of China.
China has announced a new debt relief package - a total of 10 trillion yuan ($1.4 trillion dollars) – to ease the financial burden on local governments. The decision raises the ceiling on local government debt by 6 trillion yuan (about $840 billion), and local governments will have access to a...
Published 11/15/24
In this special episode of Chat Lounge, we examine the Asia-Pacific Economic Cooperation, or APEC, to review its path toward inclusive cooperation and explore how it can drive growth in the Global South.
Peru will host the annual APEC summit from November 10th to 16th this year under the theme...
Published 11/07/24