Syndicate content

China

Prospects Daily: Global stock markets rallied on Friday

Global Macroeconomics Team's picture

Financial MarketsGlobal stock markets rallied on Friday, with the benchmark MSCI world equity index hitting a 20-month high level of 552.16, as positive economic data from the two world’s largest economies boosted market sentiment. Along with robust U.S. labor and housing market reports, China’s better-than-expected fourth-quarter GDP growth (y/y), buoyant industrial production and retail sales figures added to signs that the global economic recovery is gaining traction.

#2 from 2012: Media (R)evolutions: Global Internet Use

Kalliope Kokolis's picture

Our Top Ten Blog Posts by Readership in 2012

Originally published on April 4, 2012

New developments and curiosities from a changing global media landscape: People, Spaces, Deliberation brings trends and events to your attention that illustrate that tomorrow's media environment will look very different from today's, and will have little resemblance to yesterday's.

Webinar Jan. 10: Urbanization Along the Waterfront

Parul Agarwala's picture

Riverfront as cultural center, IndiaHistorically, cities and civilizations have flourished along water bodies, which not only served as important transportation corridors to spur economic activity and trade, but also as prominent public spaces for religious and cultural interaction. Today, while a large number of cities have turned away from this important natural resource, many have reclaimed and transformed their waterfronts into thriving economic engines and nodes of social activity. Can cities redefine their relationship with water while managing challenges of rapid urbanization?

The World Bank’s South Asia Sustainable Development Unit, in collaboration with East Asia Pacific Sustainable Development Unit, is organizing a webinar on waterfront development to discuss different dimensions of waterfront initiatives and tools for a sustainable regenerative economic environment.

Prospects Daily: Euro Area services PMI rises; Brazil’s industrial production slows; Philippines’ 2012 inflation improved

Global Macroeconomics Team's picture

Financial Markets…The Standard & Poor’s 500 Index added 0.1% in Friday morning trade and the dollar weakened 0.2% versus the euro after a U.S. Labor Department report showed a slightly slower than expected employment growth in December. The S&P500 has advanced 4.1% this week, gearing for its largest weekly gain in 13 months.

Prospects Daily: Global equities decline after US budget talks stall and US consumer confidence falls

Global Macroeconomics Team's picture

The Prospects Daily will be on Winter recess and will resume on

Wednesday January 2nd, 2013.

Prospects Weekly: Flows into the bond and equity funds of developing countries rallied in the second half of this year

Global Macroeconomics Team's picture
Flows into the bond and equity funds of developing countries rallied in the second half of this year amid stabilization of financial markets and quantitative easing in high income countries.

Prospects Daily: Australia and Uganda cut policy rate, Brazil’s industrial production accelerates

Global Macroeconomics Team's picture

Financial Markets… The euro rose to a six-week high against the dollar, appreciating to $1.3077, and Europe’s benchmark stock index (Stoxx Europe 600) gained for a second day, as growing optimism over a successful Greek buyback program boosted investor sentiment. Greece started the €10 billion ($13 billion) repurchase of government bonds maturing between 2023 and 2042 on Monday.

Jim Yong Kim Visits Quake Reconstruction Sites in China’s Sichuan Province

YUNXI TOWN, Yantang County, China—More than three years after a devastating earthquake hit Sichuan Province, World Bank Group President Jim Yong Kim toured four reconstruction sites, including stops that looked at road construction, a maternal and child health center, and an economic development zone.

After talking to several villagers in Yunxi's town square, during which Kim asked residents about the earthquake and its aftermath, Kim gives his impressions from the trip in the video below.

Video Platform Video Management Video Solutions Video Player

President Kim on High-Level Talks with Chinese Leaders

BEIJING -- On his first trip to China as World Bank Group president, Jim Yong Kim met with several senior leaders in the government, including Vice Premier Li Keqiang. In the meeting with the vice premier, the two, at Li Keqiang's suggestion, agreed to embark on a joint China-World Bank study on how developing countries can best prepare for the continuing massive movement of people into cities.
 
Details around the urbanization study have yet to be finalized, but the two leaders said it could be part of the new China-World Bank delivery knowledge hub, which was officially established Tuesday, Nov. 27 to initially examine issues around urban transportation.
 
In the video below, Kim talks about his first round of meetings with Chinese leaders.

Video Platform Video Management Video Solutions Video Player

Prospects Daily: Japan’s GDP contracts at annualized 3.5% (q/q) in third quarter

Global Macroeconomics Team's picture

Financial Markets…Global stock markets fluctuated between gains and losses, following three consecutive days of losses last week, as strong Chinese exports data in October offset worries over a prospect of the so-called U.S. fiscal cliff and Greek woes. The benchmark MSCI global equity index just slipped 0.04% in afternoon trading.


Pages