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Inflation, heightened geopolitical tensions, and the once-in-a-century pandemic have all contributed to the lowered forecasts for the Asia-Pacific region. The International Monetary Fund (IMF) cut its growth forecasts for the region to 4 percent this year and 4.3 percent next year, by 0.9 and 0.8 percentage points, respectively, from its April forecasts. Yet observers say […]

Peng Liyuan, wife of Chinese President Xi Jinping, has called on China and Indonesia to strengthen exchanges in public welfare and jointly improve people’s livelihood and well-being. She made the remarks during her meeting with Indonesian first lady Iriana Joko Widodo on Wednesday afternoon. Peng spoke highly of Iriana’s enthusiasm for public welfare and briefed […]