The National Bureau of Statistics of China (NBS) released data on the national economy in 2021 on Monday, with the country's gross domestic product (GDP) expanding 8.1 percent year-on-year, which was well above the government target of "above 6 percent" set at the beginning of 2021, and the...More

China on Monday posted an 8.1 percent GDP growth in 2021, defying market expectations and further cementing the world's second-largest economy's leading position in the global economy's recovery from the still raging COVID-19 pandemic, as major growth drivers, particularly exports, saw remarkable improvements in the face of mounting...More

The unexpected and unpredictable torrential rains seen in Central China's Henan Province throughout July are a sign of another challenging year in 2021, after the COVID-19 pandemic outbreak that significantly disrupted 2020. Analysts estimated that the impact of natural disasters on the national economy will be limited. But...More

The Chinese economy bounced back into positive territory - growing 0.7 percent - in the first three quarters of the year after the country has put COVID-19 epidemic under control, official data showed on Monday, as analysts predicted a further recovery would be sustained in the upcoming fourth...More

Indian officials and media outlets have been hyping up tensions with China both on the border and in trade and investment, but the latest official data might have revealed a deeper problem for the populous country and its Prime Minister Narendra Modi: its virus-stricken economy. Data from the...More

The budget session of the Federal Parliament of Nepal for the upcoming budget for the fiscal year 2077-78 is summoned. It is necessary to discuss the principles of budgets in the parliament as per the constitutional and legal provisions. Expectations are higher as the is government planning to...More

As China's annual "two sessions" will kick off on Thursday, the State Council, the country's cabinet, revealed on Tuesday that all the 38 quantitative targets listed in the 2019 government work report have been achieved. For major economic goals, last year's government work report set a GDP growth...More

Growth figures for China's retail sales, industrial output and fixed-asset investment for January and February are expected to slow to an unprecedented low of only 3 percent, as measures to contain the new virus outbreak unavoidably battered the economy. Since the outbreak of the coronavirus, China used partial...More