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IMF raises China’s growth forecast for 2017, 2018

October 11, 2017

BEIJING - The International Monetary Fund (IMF) has raised its forecast for China's economic growth in 2017 and 2018, citing a stronger-than-expected performance in the first half of the year and continuous policy support. In its latest World Economic Outlook, the IMF tips the Chinese economy to grow 6.8% this year and 6.5% next year, both 0.1% higher than July’s forecast.

Vietnam details Draft Law for Special Administrative - Economic Zones

October 13, 2017

HANOI - A draft of Vietnam’s new Law on Special Administrative - Economic Zones has been posted on the Government Portal for public review and commentary. It outlines the foundation for economic zones (SAEZs) located in Van Don (Quang Ninh Province), North Van Phong (Khanh Hoa Province) and Phu Quoc Island (Kien Giang Province).

China, Russia to broaden energy co-operation following high-level talks

September 27, 2017

BEIJING - Chinese Vice Premier Zhang Gaoli met with Alexei Miller, CEO of Russia’s natural gas company Gazprom, on Monday, agreeing to broaden co-operation in the energy sector, China’s State newsagency, Xinhua, reported, quoting Zhang as saying that, promoted by leaders of the two countries, Sino-Russian energy co-operation had achieved remarkable results.

ASEAN's corporate credit quality stabilising, but don't be lulled: S&P

September 26, 2017

SINGAPORE - For the first time since the end of the global financial crisis, the credit quality of the largest listed companies in Southeast Asia seems to be stabilising, according to two reports S&P Global Ratings released today. It says corporate credit health in the region has been boosted by an earnings recovery rather than debt reduction.