The rich in Pakistan continually avoid paying tax, leaving the government to depend on aid from other countries. Officials have developed an expertise in running the country on loans and donations...
- Thu
- May 23, 2013
- Updated: 10:58am
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The mainland's trade surplus this year is likely to exceed that of last year, making it tougher for the government to balance trade and avoid friction with trading partners.
Shanghai's economy will continue to slow this year as the municipality targets 8 per cent growth amid weaker external demand and continued curbs on the property sector.
The news on both sides of the Atlantic has been challenging of late, to put it mildly. In the Old World, more and more governments have struggled with growing deficits. For the moment, the Greek...
Inbound foreign direct investment on the mainland fell in 2009 for the first time in four years as foreign companies tightened their belts owing to the global financial crisis.
Foreign direct investment on the mainland grew on a year-on-year basis last month for the first time in 11 months, aiding government efforts to revive the economy.
Export growth lifts figure to US$13.4b
The mainland's trade surplus rebounded to US$13.4 billion last month on the back of strong export growth, quelling fears that weakening demand...
It is strange how news that China's trade surplus expanded to a record US$262 billion last year is being hailed as evidence that Beijing is finally getting the mainland's runaway economy under...
With elections looming, the people of Pakistan are determined to triumph over adversity and continue with successful economic reforms
The mainland received its highest ever debt rating from Moody's Investors Service yesterday, as the agency joined Standard & Poor's, the Asian Development Bank and the International Monetary...
Foreign direct investment pushed stockpile higher
Foreign exchange reserves topped US$1.2 trillion by the end of last month, driven up in part by an 11.6 per cent year-on-year...
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