China's economy

Chinese growth slips to slowest pace for 26 years

China’s economy slowed further last year to expand at its weakest pace for quarter of a century, with warnings that it risks losing further momentum in 2017 as Donald Trump’s presidency creates new challenges for the trading superpower. The world’s second-largest economy grew 6.7% last year, according to China’s statistics office, meeting Beijing’s target range […]

Russia charges economy minister over $2mn bribe

  Russian Economy Minister Alexei Ulyukayev, who was detained over night, was formally charged with bribery by investigators Tuesday, after allegedly taking a two-million-dollar bribe in a deal involving state-controlled oil giant Rosneft. Rosneft filed a complaint against Ulyukayev saying he had threatened the company over the Bashneft deal, the investigators said. The Investigative Committee […]