BEIJING (TIP): China’s annual economic growth slowed to a six-year low of 7.0 per cent in the first quarter as demand stayed weak, meeting analyst forecasts but fanning expectations that authorities will roll out more policy stimulus to avert a sharper slowdown. In the last quarter of 2014, China’s economy grew 7.3 per cent on an annual basis. On a quarterly basis, economic growth slowed to 1.3 per cent between January and March after seasonal adjustments, the National Bureau of Statistics said on Wednesday, compared with growth of 1.5 per cent in the previous three months.
Asia
CHINA’S EXASCALE SUPERCOMPUTER TO BE OPERATIONAL BY 2020
BEIJING: China is developing a supercomputer capable of at least a billion billion calculations per second that will be operationalised by 2020, a top official has said. According to the national plan for the next […]
Europe
70 Held In Crackdown Against Self-Immolation Protests In Tibet
BEIJING (TIP): Stepping up itscrackdown against self-immolation protestsin Tibet, China has detained 70 suspects fora string of suicides in November last year,coinciding with the once-in-a-decadeleadership change in China’s rulingCommunist Party.A total of 70 people have […]
United States
Talks under way on ending UN sanctions on Iran
UNITED NATIONS (TIP) : Major world powers have begun talks about a United Nations Security Council resolution to lift UN sanctions on Iran if a nuclear agreement is struck with Tehran, a step that could […]
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