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China’s defense spending: Facts Vs Hyperbole

China’s defense spending: Facts Vs Hyperbole

The sensationalizing of China's military spending as a "threat" is absurd, writes a former PLA general.

China forging ahead with fiscal reforms: Finance Minister

China forging ahead with fiscal reforms: Finance Minister

The Finance Minister said the actual budget deficit would be around 2.7 per cent of GDP this year.

‘BRICS shield against isolation of Russia’

‘BRICS shield against isolation of Russia’

Russia is slated to host the 7th BRICS Summit later this summer.

China parliament convenes, sets 2015 growth target at 7%

China parliament convenes, sets 2015 growth target at 7%

The National People's Congress (NPC), China's parliament is the most powerful organ of state.

Kerry in Saudi amid Congress debate on Iran

Kerry in Saudi amid Congress debate on Iran

"A bad deal," Netanyahu said of the agreement Kerry - and the P5+1 - had been trying to reach with Iran.

China to raise defense budget by 10% in 2015

China to raise defense budget by 10% in 2015

US defense spending still accounts for nearly 40 per cent of the global total.

India cuts key lending rates

India cuts key lending rates

The Central Bank will aim to lower inflation to 6 per cent by January 2016.

Reforms, foreign policy on agenda of China’s “twin sessions” this week

Reforms, foreign policy on agenda of China’s “twin sessions” this week

China's fiscal and monetary policies in 2015 amid slowing growth will be discussed by the country’s lawmakers this week.

Iraq launches anti-ISIL offensive

Iraq launches anti-ISIL offensive

The Iraqi military says it has "liberated" a number of villages 22km south of Tikrit.

India announces inflation rate targeting

India announces inflation rate targeting

The Central Bank will aim to lower inflation to 6% by Jan 2016 and further to around 4% by March next year.