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Wuhan to have 40,000 new energy vehicles by 2022

WUHAN, Jan. 3 (Xinhua) — Wuhan, capital of central China’s Hubei Province, plans to put 40,000 new energy vehicles (NEVs) on its roads by 2022. More than 150 charging stations and more than 70,000 charging facilities will be installed. Wuhan hopes to have carbon emission below 173...

The Global Economy in 2018

MICHAEL SPENCE Jan. 3 The global economy will confront serious challenges in the months and years ahead, and looming in the background is a mountain of debt that makes markets nervous – and that thus increases the system’s vulnerability to destabilizing shocks. Yet the baseline scenario...

Economic Watch: What to expect for China’s economy in 2018

BEIJING, Jan. 1 (Xinhua) — Once again it is time for reflections and resolutions. For China, which sailed through a difficult year safe and sound, and with government promises of a more efficient and open economy, the country is ready to start a new journey. Despite some turbulence along the...

Trump ‘disappointed’ in China over NKorea sanctions

WASHINGTON, Dec. 29 (AFP) – US President Donald Trump — who has often hailed China’s efforts to put pressure on North Korea — hit out at Beijing Thursday for failing to cut off Pyongyang’s oil supply, saying such moves prevented a “friendly solution” of the...

30 trains delayed, 18 cancelled as fog engulfs Delhi

New Delhi, India], Dec 27 : Normal life continues to be disrupted as a thick layer of fog has engulfed the national capital and the nearby vicinity on Wednesday morning. As many as 30 trains are running late, while 18 have been cancelled and six rescheduled. Meanwhile, the air quality index of...

India to become fifth largest economy in 2018: report

NEW DELHI, Dec 26, 2017 (AFP) – India is set to overtake the United Kingdom and France to become the world’s fifth largest economy next year, a report said Tuesday. Currently ranked seventh, India will move up to fifth place in 2018 and vault to third spot by 2032, the Centre for...

Clashes in Lima as thousands protest ex-president Fujimori pardon

lIMA, Dec 26, (AFP): Peruvian police on Monday fired tear gas and clashed with protesters marching against the pardon of ailing ex-president Alberto Fujimori, who was serving a 25-year sentence for human rights abuses. Current President Pedro Pablo Kuczynski ordered the pardon of Fujimori and...

Philippines storm death toll climbs to 240, scores missing

MANILA, Dec. 25 (AFP) – The death toll from a storm that unleashed landslides and floods across the southern Philippines has climbed to 240 with scores of others still missing, officials said Monday. Tropical Storm Tembin on Friday struck the country’s main southern island of Mindanao...

Russia warns US decision to arm Ukraine encourages ‘new bloodshed’

MOSCOW, Dec 23, 2017 (AFP) – Moscow warned Saturday that Washington was encouraging “new bloodshed” in eastern Ukraine by its decision to provide the ex-Soviet nation with lethal weapons, while Kiev expressed the hope arms supplies could help contain Russia.
The stern Moscow...

UN Security Council to vote on new sanctions against DPRK

UNITED NATIONS, Dec. 21 (Xinhua) — The United Nations Security Council is expected to vote on a new draft resolution that would tighten sanctions against the Democratic People’s Republic of Korea (DPRK) in response to its ballistic missile launch last month. A Security Council meeting...

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