Davos Closing: Be Confident but not Complacent

Today the participants in the ongoing World Economic Forum in Davos will take up the situation in the Eurozone, as well as ways to reach a settlement in Syria. Full Story

Davos 2013: Business must include social goals

Businesses must include social goals in their mission and incentives, or they will eventually collapse and humanity will not meet its challenges for the next century. Full Story

Davos 2013: To make climate talk more than hot air

Climate change is back on the global agenda, with debate in the corridors at Davos given fresh impetus by US President Barack Obama and UN Secretary-General Ban Ki-moon. Full Story

China to pursue the internationalization of RMB

2013-01-28 03:30:26 GMT  Xinhua English  

China is determined to pursue the internationalization of the renminbi on a market-oriented basis, and will closely watch the spillover effects of Japan's ultra-loose monetary policy, Yi Gang, a vice-governor of China's central bank, told Xinhua. Full Story

China to watch spillover effects of BOJ policy

2013-01-27 10:32:32 GMT  Xinhua English  

China will have to watch closely the spillover effects of Japan's newly adopted ultra-loose monetary policy, Yi Gang, a vice governor of China's central bank, told Xinhua in an interview. Full Story

China's new leaders a hot topic at Davos

2013-01-27 04:24:45 GMT  China Daily  

Discussion of China's policy agenda under new leadership is heating up, with leading government officials and international economists at the World Economic Forum saying that China should continue to push structural reforms to achieve sustainable development. Full Story

China plays important role in Philippines' trade

2013-01-26 11:31:16 GMT  Xinhua English  

In the remarks on Friday in an anti- corruption session in the World Economic Forum in Davos, Switzerland, Philippine President Benigno Aquino III cited two positive developments in the Philippines where China has played a major role. Full Story

Davos 2013: To make climate talk more than hot air

Davos 2013: To make climate talk more than hot air

2013-01-27 07:47:31 GMT  SINA.com  

Climate change is back on the global agenda, with debate in the corridors at Davos given fresh impetus by US President Barack Obama and UN Secretary-General Ban Ki-moon both highlighting it as top priority this week. Full Story

World bank head: Help poor coal-using countries

World bank head: Help poor coal-using countries

2013-01-27 06:32:03 GMT  SINA.com  

Jim Yong Kim, speaking at Davos, said the institution should not "turn its back" on poor nations that seek the cheap source of energy. Full Story

Soros: world needs more market understanding

Soros: world needs more market understanding

2013-01-27 06:03:31 GMT  SINA.com  

Speaking at the World Economic Forum in Davos, Mr Soros, who made his billions betting on the markets, said the established theory had "collapsed". Full Story

Davos Closing: Be Confident but not Complacent

2013-01-27 05:11:29 GMT  SINA.com  

With the global economic crisis receding and concerns about Europe and the US subsiding, there is a danger of complacency, global business and civil society leaders warned participants in the closing session of the 43rd World Economic Forum Annual Meeting. “The optimism for recovery is there,” Axel A. Weber, Chairman of the Board of Directors of UBS, Switzerland, and a Meeting Co-Chair, declared. “The feeling is that the worst is behind us. But the mood bordered on complacency. On Wednesday, people talked about how the tail risk had been reduced. By Friday, the tail risk was removed!” Full Story