Russia shows readiness to unite with China to counter US influence in Asia-Pacific Dtrends

Russia shows readiness to unite with China to counter US influence in Asia-Pacific Dtrends

MOSCOW: Russia stated on Wednesday that its partnership with China is not directed against other countries, but the two powers could unite their capabilities if confronted with a threat from the United States. Foreign Ministry spokeswoman Maria Zakharova emphasised that Moscow and Beijing would respond to US efforts at ‘double containment’ with a ‘double counteraction’. … Read more

ADB raises Asia-Pacific growth forecast for 2024 to 5pc D_Trends

ADB raises Asia-Pacific growth forecast for 2024 to 5pc D_Trends

MANILA: The Asian Development Bank (ADB) on Wednesday slightly raised its 2024 growth forecast for developing Asia and the Pacific to 5 per cent from 4.9 per cent, reflecting the region’s accelerated growth in the first quarter of this year. The growth outlook for 2025 remains at 4.9 per cent. In its latest supplement to … Read more