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China launches $11 billion fund for Central, Eastern Europe

November 7, 2016 by · Leave a Comment 

China has set up a 10 billion euro ($11.15 billion) investment fund to finance projects in Central and Eastern Europe, Industrial and Commercial Bank of China said in a statement issued on Sunday. The China-Central Eastern Europe fund will

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China launches $11 billion fund for Central, Eastern Europe

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As world markets drop, Fed officials try to shake it off

January 17, 2016 by · Leave a Comment 

SOMERSET, N.J./SAN FRANCISCO (Reuters) – As U.S. stock indexes dropped in volatile trading and oil crashed below $30 a barrel on Friday, Federal Reserve officials stuck to a well-worn script: day-to-day financial market swings do not drive monetary policy. At the same time…

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As world markets drop, Fed officials try to shake it off

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China’s economy grew by around 7 percent in 2015, services made up half of GDP – Premier

January 17, 2016 by · Leave a Comment 

China's gross domestic product (GDP) totaled more than $10 trillion in 2015 and the economy grew by around 7 percent, with the services sector accounting for half of GDP, Premier Li

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China’s economy grew by around 7 percent in 2015, services made up half of GDP – Premier