Sep 27, 2016

ADB upbeat on developing economies in Asia

Developing economies in Asia are holding steady and will grow at the earlier forecast rate of 5.7 percent this year and next, buoyed by resilience in the region’s two largest economies, China and India, the Asian Development Bank said Tuesday. The region’s developing economies ...

China overtakes Japan as Asia's top technology exporter

Dec 8, 2015

China overtakes Japan as Asia's top technology exporter

China has brought to an end Japan’s dominance of Asia’s high-technology exports, according to the Asian Development Bank. China’s share of Asia’s exports of high-tech goods such as medical instruments and aircraft and telecommunications equipment rose to 43.7 percent in 2014 from 9.4 percent ...

China heralds boost for emerging nations with BRICS Bank opening

Jul 21, 2015

China heralds boost for emerging nations with BRICS Bank opening

The biggest emerging economies opened their New Development Bank in Shanghai on Tuesday, strengthening China’s ability to offer developing nations the support traditionally given by the U.S. and Japan through organizations like the World Bank. The NDB — or BRICS Bank as it is ...

China escapes G-7 blame in sea row

Jun 8, 2015

China escapes G-7 blame in sea row

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The leaders of the Group of Seven industrialized countries release a statement expressing "strong opposition" to massive land reclamation in disputed waters in the South China Sea, but without naming China specifically, and call for a thorough implementation of the cease-fire in Ukraine.

ADB chief says bank ready to cooperate with AIIB

May 8, 2015

ADB chief says bank ready to cooperate with AIIB

The Asian Development Bank is ready to cooperate with the China’s planned Asian Infrastructure Investment Bank, ADB President Takehiko Nakao has said. “Cooperation would be possible in various fields,” he said in an interview following the ADB’s four-day annual general meeting in the Azerbaijani ...