President Donald Trump met China's Vice-Premier Liu He in Washington at the end of January. Photo: TNS

No-deal Brexit and US-China trade war deadlines loom, but new ECB top economist says: ‘don’t panic’

  • Philip Lane said that ‘the UK is an important country, but quantitatively it’s small’ ahead of March 29 exit from the European Union
  • Incoming chief economist of the European Central Bank hopeful US-China negotiators will also reach a deal to end trade war before the March 1 deadline
Topic |   China economy

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President Donald Trump met China's Vice-Premier Liu He in Washington at the end of January. Photo: TNS
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Shop spaces for rent at Yixing Gold Street, a commercial street in Yixing city in eastern Jiangsu province. Photo: Simon Song

China’s wealth gap widens as more than half of its provinces missed growth targets last year

  • Seventeen of 31 failed to meet their gross domestic product growth rate goals in a year where the national economy expanded its slowest pace in 28 years
  • Former growth drivers Chongqing and Guangdong have fallen behind their targets
Topic |   China economy

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Shop spaces for rent at Yixing Gold Street, a commercial street in Yixing city in eastern Jiangsu province. Photo: Simon Song
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