BRI fuels yuan’s internationalization
The Belt and Road Initiative (BRI) has fueled the yuan’s internationalization, particularly in the past two to three years as work on related projects accelerated. In Southeast Asia where economic relations with China are closer than in other countries and regions the yuan usage is getting popular, one expert told the Global Times on Monday, […]
China’s new economy value increases 13 trillion yuan in 2017
The value-added output of new industries, new types of business and new business models was about 12.96 trillion yuan (about $1.87 trillion) in 2017, accounting for 15.7 percent of China’s GDP, up 0.4 percentage points from 2016, the National Bureau of Statistics (NBS) said Thursday. In current prices, China’s new economy grew 14.1 percent in 2017, […]
China expected to be listed among high-income countries by 2022
Reform will boost the growth potential of China’s economy, and China is expected to achieve GDP per capita of $12,600 in 2022, making it a high-income country, said Cai Fang, deputy director of the Chinese Academy of Social Science, Shanghai Securities News reported. Cai made his remarks at a Dec. 5 economics forum in Shanghai. […]
![[Novel] The Road to Shamawes ⑯](http://www.theasian.asia/wp-content/themes/city-desk/timthumb.php?src=http%3A%2F%2Fwww.theasian.asia%2Fwp-content%2Fuploads%2F2013%2F08%2FAshraf-2novel-news_9601.jpg&q=90&w=300&h=0&zc=1 "[Novel] The Road to Shamawes ⑯")
