Extant uncertainties are unlikely to scuttle the robust dynamism shown by the Chinese economy.
The Greek debt crisis has not only put a question mark on the future of euro, but also increased the risk of a double-dip global recession. At this critical juncture, the major tasks of the Group of 20 (G20) leaders meeting in Toronto, Canada, are how to pursue well-coordinated economic policies, overcome the multiple crises and ensure a strong global economic recovery.
Since the first Group of 20 (G20) Summit in November 2008, the attention China has been getting has shifted from that of a turn-round-to, to that of a look-up-to, analysts said.
Reforms in the International Monetary Fund (IMF) must go beyond readjustment of the quota shares to include adjusting the representation status and allowing economists of different backgrounds to join as senior staff.
Economist says China, India, Brazil are bright spots of global recovery.
The leaders of the Group of 20 will gather over the weekend in Toronto, Canada, in a bid to inject fresh impetus to the global recovery and wean the world off stimulus packages.
Developing countries will play an important role at the upcoming Group of 20 (G20) summit in Toronto to ensure global economic recovery, said a leading US financial expert.
While developed countries are struggling to keep their economies growing this year, the main emerging economies have had the exact opposite problem: the risk of over-heating and asset bubbles.
Financial experts debate the pros and cons of calls for China to revalue its currency.
Chinese President Hu Jintao is paying a state visit to Canada before attending the G20 Summit in the country over the coming weekend.
The global financial crisis has made the world less peaceful by fuelling crime and civil unrest, a worldwide study showed on Tuesday, but the risk of outright armed conflict appears to be falling.
Professor Mei Jianping is worried the eventual outcome of the economic crisis could be a return to the "stagflation" of the 1970s. He said the scenario of low growth and rising prices could result from the emergency measures taken around the world to avert an economic Armageddon.