World Bank sees "desirable" slowdown in China
The World Bank predicts the services sector will account for more than half of China's economic growth by 2017, as the economy modernises from an industrial powerhouse to a consumption-based society.
Asia starts quarter on positive note
A raft of economic data proved a welcome distraction for Asian investors from the continued uncertainty around Greece's debt woes, which again sent European shares sliding overnight.
The forum's 45th annual meeting at Davos, in the Swiss Alps, had at the heart of its agenda a theme entitled ‘The New Global Context’ - as delegates discussed the effects of political, economic and social uncertainty on future policy making