Saturday, 11th May 2024
To guardian.ng
Search

World Bank: China’s woes threaten East Asian economies

China's economic malaise is weighing heavily on east Asia as a whole, one of the world's key economic engines. But reforms in one sector could work wonders, the World Bank says.

0 Comments

Your email address will not be published. Required fields are marked *

Related

6 hours ago
The COVID pandemic has shown that public health in Europe relies massively on Asian supplies, from masks to antibiotics. EU attempts to reshore production seem to be going nowhere, and do they make sense, after all?
2 days ago
The EU and Lebanon have agreed upon an aid package to help the country deal with its financial crisis and high numbers of refugees. Most experts believe the deal could increase, not dampen, irregular migration.
1 day ago
The naira continues to trade around 1,300 against the greenback at the official market this week. Meanwhile, data from the CBN shows Nigeria’s currency in circulation has risen to 3.87 trillion naira at the end of March. Kingsley Nwaiwu, Head of Consumer sector sales, Global Markets at Stanbic IBTC joins CNBC Africa on the FX trading patterns, impact of CBN’s reforms and Nigeria’s drive to increase dollar flows.
2 days ago
Nigeria has announced plans to delist the naira from all peer-to-peer (P2P) platforms. According to the Director General of the Securities and Exchange Commission, the move is to tackle the manipulation of the local currency’s value in the foreign exchange market.
1 day ago
Chinese President Xi Jinping's trip to the Western Balkan state strengthens the so-called steel friendship that has developed between Beijing and Belgrade. In Serbia, China is seen as the strongest ally after Russia.
1 day ago
Chad's election results are being disputed after interim President Mahamat Idriss Deby was declared the winner according to provisional results, something opposition leader Succes Masra described as an attempt to "steal" the vote.