- China-Africa Trade Hits $61.2Bln in H1
Trade volume between China and Africa hit 61.2 billion U.S. dollars in the first six months this year, marking a year-on-year increase of 65 percent.
- Chinese Overseas M&A Continue: Deloitte
The number of outbound mergers and acquisitions conducted by Chinese companies will continue to rise, boosted by the overseas expansion of mining, oil and auto industries.
- China, Ukraine Sign 12 Co-operation Agreements
Beijing and Kiev have signed 12 cooperation agreements on Thursday, covering areas in bilateral relationship, aviation industry, infrastructure construction, financing, electric power, etc.
- FDIC Says 829 U.S. Banks at Risk
The U.S. Federal Deposit Insurance Corp. said 829 of the county’s 7,800 banks were at risk of failure at the end of June, up from 775 at the end of the first three months of this year.
- OECD Economies Expand 0.7Pct Q2
The economies in the OECD region have expanded slightly by 0.7 percent in the June quarter from the previous quarter, the same rate as the first three months this year.
- An Age of Diminished Expectations?
Policymakers must remember that whether or not the US and Europe avoid a lost decade depends on their ability to retain productive vitality in their economies, not simply on short-term demand-stimulation measures.