The World Economic Forum’s (WEF) Global Risks Report warned that economic stagnation is the most serious challenge persisting from the COVID-19 pandemic. However, China is injecting confidence into the world economy with official data released on Monday showing its economy posted stable growth in 2021. How did the world’s second-largest economy realize growth despite challenges including sporadic epidemic resurgences and …

BEIJING, China (Desk) – Chinese President Xi Jinping announced on Thursday that China has scored a “complete victory” in its fight against poverty. Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, said absolute poverty has been eradicated in the world’s most populous country. Xi made the announcement while addressing …

Xi calls for multilateralism to light up way forward for building a community with a shared future for mankind ISLAMABAD – Chinese President Xi Jinping has expounded on China’s stance over how to improve multilateralism against the backdrop of the COVID-19 pandemic and world economic recession, when attending his first international virtual gathering in 2021. “Every choice and move we …