economy

The IMF sees the US avoiding recession, but inflation remaining above the Federal Reserve Bank’s 2% target this year and next, Managing Director Kristalina Georgieva told reporters Thursday in Washington, DC. “On the Q4-to-Q4 basis we…

The first R&D center for waste recycling in the Southern Taiwan Science Park HSINCHU, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”) today held a groundbreaking ceremony for its Circular…

 Indian gig workers will generate USD 250 Bn of work by 2030 BANGALORE, India, March 10, 2023 /PRNewswire/ -- Gig workers will play an instrumental role in enabling India's USD 5 Tn economy, with the current 7.7 Mn-strong gig workforce…

BEIJING, March 7, 2023 /PRNewswire/ -- As an important part of China's economic development, the private sector contributes over 60 percent of the gross domestic product (GDP), over 50 percent of the total tax revenue and over 80 percent of…

BARCELONA, Spain, Feb. 28, 2023 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, in partnership with Guangzhou Metro Group and China Mobile Guangzhou…

BEIJING, Feb. 16, 2023 /PRNewswire/ -- Encouraging indicators ranging from tourism and box office revenues to the purchasing managers' index (PMI) showed that China's economy has gotten off to a good start in 2023. As Chinese President Xi…

BEIJING, Dec. 29, 2022 /PRNewswire/ -- China's top leaders have pledged unwavering support for the private sector to boost the COVID-19-hit economy, as the fast-growing private sector has played a big role in creating new jobs, promoting…

BEIJING, Dec. 24, 2022 /PRNewswire/ -- Battered by domestic challenges and disruptive external headwinds, the Chinese economy has coped with a tough 2022 with a GDP growth rate of three percent in the first three quarters. The annual…

The new and purpose-built Omyaloop solution is environmentally friendly, productive, sustainable, innovative, and high quality, setting Omya apart from its competitors. SAN ANTONIO, Dec. 21, 2022 /PRNewswire/ -- Recently Frost &…

BEIJING, Dec. 19, 2022 /PRNewswire/ -- Some media raised their tone reporting that China's COVID-19 controls have hurt the country's economy. In the three years combating the epidemic, China's economic growth rate has slowed down when…