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.
Europe
Japan summons China envoy over ‘dangerous’ flights
TOKYO (TIP): Japan on June 13 summoned the Chinese ambassador to complain about fighter jets flying “dangerously” close to two of its military planes over the East China Sea, officials said. In the latest up-close […]
India
India at 100 on human capital index, Finland leads pack
GENEVA (TIP): India has been ranked at a lowly 100 position on the global Human Capital Index, which measures countries on development and deployment of human capital. Finland has topped the 124-nation list. India is […]
Europe
China reviewing policy on Mumbai attack ahead of Xi visit to Pakistan
BEIJING: China is reviewing its approach towards the 2008 Mumbai terror attack carried out by Pakistani terrorists. It feels “awkward” about its own neutral stance, which has caused grave dissatisfaction in India. The revelation came […]
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