BEIJING (TIP): China‘s annual economic growth slowed to a six-year low of 7.0 per cent in the first quarter as demand stayed weak, meeting analyst forecasts but fanning expectations that authorities will roll out more policy stimulus to avert a sharper slowdown. In the last quarter of 2014, China’s economy grew 7.3 per cent on an annual basis. On a quarterly basis, economic growth slowed to 1.3 per cent between January and March after seasonal adjustments, the National Bureau of Statistics said on Wednesday, compared with growth of 1.5 per cent in the previous three months.
Business & Economics
BOEING GETS $440 MILLION ORDER FROM PAPUA NEW GUINEA CARRIER
SINGAPORE (TIP): US aircraft maker Boeing said on February 19 it had won a $440 million deal with Papua New Guinea’s flag carrier Air Niugini for four 737 MAX 8 planes. Announcing the deal along […]
Europe
Artist paints daughter in the nude, irks China
BEIJING (TIP): A Chinese artist has caused a huge controversy by using his daughter as a nude model for a collection of his paintings titled ‘Oriental Goddess and Mountain spirit’. This has sparked an intense […]
Asia
Four survivors in Russian air ambulance crash in Afghanistan, fate of 2 others unknown
NEW DELHI (TIP): Four people survived and two are unaccounted for after a Russian plane crashed in mountainous northeastern Afghanistan, the air transport agency Rosaviatsia said. The Falcon 10 business jet was believed to be […]
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