SINGAPORE - Recent trade data show a notable rebound in exports in most Asian countries, even though China is somewhat a laggard, according to a new report from ANZ Bank, which suggests the end of a trade recession which has plagued the region since late 2014.
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SINGAPORE - The number of negative outlooks for Asia-Pacific economies remains at a level not seen since the middle of 2010, when the region was still emerging from the global financial crisis, says S&P Global Ratings. Sovereign credit trends, however, continue to be stable in most economies in the region over the next one to two years.
BEIJING – The State newsagency, Xinhua, reports that, this spring, China’s textbooks will adopt the phrase “14-year Chinese People’s War of Resistance Against Japanese Aggression,” in place of the current wording, according to the Ministry of Education. China became the first country to fight against fascist forces when Japanese troops began their invasion of northeast China on September 18, 1931.
SINGAPORE - "Chinese policymakers have three unpleasant policy options to consider to stem capital outflows, each of which comes at a cost: further depreciation, running down foreign-exchange reserves, or intensifying capital controls," says S&P Global Ratings economist, Vincent Conti.