According to the latest available purchasing power parity (PPP) data, China’s gross domestic product (GDP) in PPP terms overtook the USA’s in 2013, and now accounts for nearly 19% of the global…

Edie Purdie |

From this visit to Huimin, it is clear that e-commerce has brought new opportunities to China’s countryside. It has catalyzed local entrepreneurship, brought some migrants back home, reuniting…

Martin Raiser, Xubei Luo |

In 1996, Chongqing’s per capita GDP was US$550. Twenty years later, it has grown 14 times to almost US$9,000, and the city has transitioned out of heavy industry: one in three laptops worldwide…

Xueman Wang |

Since fintech offers the chance to boost economic growth and expand financial inclusion in all countries, the IMF and World Bank surveyed central banks, finance ministries, and other relevant…

Tobias Adrian, Ceyla Pazarbasioglu |

Oman, like many other countries, struggled with overseeing a large number of inefficient public enterprises in various sectors. Enterprises active in the oil and gas sector made a healthy profit…

Ismail Radwan |

A new World Bank study concludes that the Belt and Road transport corridors could substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but…

Martin Raiser, Michele Ruta |

The program offers affordable loans for climate adaptation to households and to small businesses in manufacturing, tourism and agriculture.

Keren Charles, Kerri Cox, Priscilla M. Phelps |

Hundreds of thousands of tons of plastic remain uncollected on Caribbean islands each year and voluminous waves of plastic waste wash up on the shores, especially after severe storms.

Karin Kemper, Tahseen Sayed |