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Too rosy a prospect

The Ministry of Economy and Finance is painting a rosy outlook for the national economy. “There have been signs of a gradual economic recovery,” the ministry said in a report released on Friday. That assessment is even more positive than a previous one that said, “The economic downturn trend has been slowing.” This time, the word “recovery’’ was used. As the ministry put it, the nation’s manufacturing sector and exports have begun to show signs of a rebound, boosted by the recent rally in the semiconductor industry. The service sector has also shown a robust trend. ....

Kwangju Gwangyoksi , South Korea , Yoon Suk Yeol , Democratic Party Of Korea , Korea Development Institute , Organization For Economic Cooperation , People Power Party , International Monetary Fund , Ministry Of Economy , Economic Cooperation , Democratic Party , South Korea , He Korea Times , Orea Times , Orean News In English ,

GT Voice: Why is China confident of meeting its carbon pledge?

China is making every effort to integrate its pursuit of carbon goals further into its economic development amid Western questions about whether the country will meet its 2030 carbon pledge. The latest example of such efforts is the coming reboot of its carbon market. ....

Liu Xidan Gtchina , South China Morning Post , International Energy Agency , China Certified Emission Reduction , International Energy ,

Kenya: Climate Change threatens 7.25% GDP loss by 2050, World Bank warns

The World Bank suggests that Kenya could partly cushion the climate-induced shock through a higher annual growth rate and structural transformation ....

Ecofin Agency , World Bank , East Africa , Country Climate , Development Report ,