The IMF called on Asian countries to stimulate domestic demand and deepen regional integration.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

Washington, October 16 (Xinhua) — Facing downside risks from trade tensions, Asian countries can accelerate economic growth by refocusing on domestic demand and deepening regional integration, an International Monetary Fund (IMF) official said on Thursday.

"This is a region that is highly dependent on foreign trade. Therefore, any shocks to global trade will be felt much more acutely in Asia," Krishna Srinivasan, Director of the IMF's Asia-Pacific Department, said at a press conference.

Responding to a question from Xinhua, he noted that there is always a "ray of hope" despite downside risks related to trade uncertainty, debt vulnerability and other factors.

“Asia has an opportunity to shift more toward a growth model driven by domestic demand,” said K. Srinivasan, noting that the contribution of domestic demand to economic growth in the Asia-Pacific region has slowed significantly compared to the pre-pandemic period.

He emphasized the benefits of greater integration in the region. Asia's GDP as a whole could increase by 1.4 percent in the medium term, and some countries that are more open and connected to global supply chains will benefit significantly more.

According to the latest IMF forecast, growth rates in the Asia-Pacific region will slow from 4.5 percent this year to 4.1 percent in 2026.

According to the IMF representative, despite the economic slowdown, the region will remain the largest driver of global growth. Its share will be around 60 percent this year and in 2026, noted K. Srinivasan, adding that this resilience can be attributed to outpacing export growth, the technology boom, and stimulative macroeconomic policies.

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A master's student from the Physics Department of NSU won the young scientists' competition at the OpenBio forum in the biophysics section.

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Source: Novosibirsk State University –

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The 12th OpenBio Biotechnology Forum, held in late September, brought together 992 in-person and 4,411 online participants from 13 countries in the science city of Koltsovo. Representatives from businesses, scientific institutes, and research centers met at the forum to discuss the development of biotechnology, biopharmaceuticals, and related fields.

One of the participants was Sergey Dementyev, a second-year master's student at the NSU Physics Department. Sergey presented an oral presentation, "Functional Properties of Spin Trapping Agents for Enhanced Detection of Singlet Oxygen in Photodynamic Therapy Applications," in the biophysics section and won first place among young scientists under 35. As a prize, he received a certificate for training in "Machine Learning in Biology and Bioinformatics."

"I'm interested in the forum as a platform for science and business to build practical partnerships. I'm particularly interested in collaborating with pharmaceutical companies on joint drug testing projects," Sergey said.

The research presented by Sergey was conducted in collaboration with the Laboratory of Nitrogen Compounds at the Novosibirsk Institute of Organic Chemistry, Siberian Branch of the Russian Academy of Sciences. The work focuses on the discovery and study of new spin traps—compounds that enable more accurate detection of singlet oxygen in biological systems.

"Our proposed trap demonstrated the best performance and proved to be the most promising for these applications. This result is important for studying the in vivo antitumor properties of photosensitizers used in photodynamic cancer therapy," explains Sergey.

Photodynamic therapy is a non-invasive cancer treatment method already widely used in clinical practice. The search for new photosensitizers is a key step in improving its effectiveness.

“The compound we proposed makes it possible, for the first time, to conduct more in-depth studies of these drugs under physiological conditions—both in vitro and in vivo—compared to the standard testing procedure on mice,” the researcher notes.

Work on the project was carried out in the Electron Paramagnetic Resonance Spectroscopy Laboratory of the International Tomography Center of the Siberian Branch of the Russian Academy of Sciences under the supervision of Doctor of Physical and Mathematical Sciences Olesya Anatolyevna Krumkacheva.

"The most challenging and, at the same time, interesting part was mastering and combining several experimental techniques necessary for the project's implementation. In the future, we plan to use the developed traps to study new promising photosensitizers synthesized by our colleagues," added Sergey.

The material was prepared by: Yulia Dankova, NSU press service

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In Belarus, industrial production volume for the first three quarters of 2025 amounted to 154.4 billion Belarusian rubles, according to Belstat.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

Minsk, October 17 (Xinhua) — In Belarus, industrial production in the third quarter of 2025 amounted to 154.4 billion Belarusian rubles in current prices, or 99.2 percent of the same period last year. The corresponding data was published by the Belarusian National Statistical Committee (Belstat) on Thursday.

Production in the mining industry increased by 2.9 percent, while in manufacturing it decreased by 1.4 percent. In the economic activity "supply of electricity, gas, steam, hot water, and air conditioning," production increased by 2.6 percent, while in water supply, waste collection, treatment, and disposal, and pollution control activities, it decreased by 0.1 percent. –0–

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More than 10 million Californians participated in annual earthquake drills.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

LOS ANGELES, Oct. 16 (Xinhua) — More than 10 million Californians participated in annual earthquake drills on Thursday to raise awareness and strengthen public response capabilities to major earthquakes.

At 10:16 a.m. local time, residents of the state paused their daily activities to practice the "Drop, Hide, and Freeze" command—the basic rule recommended during strong earthquakes.

According to the organizer's website, more than 10.4 million people registered to participate in the Great California ShakeOut this year. The event is part of the global Great ShakeOut Drills network of earthquake drills, which attracted more than 58 million participants worldwide this year.

The drills provide an opportunity for individuals, schools, and communities to practice earthquake preparedness, review emergency plans, and update disaster supplies. –0–

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D. Trump threatened to "go in and kill" Hamas members if the killings in Gaza continued.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

WASHINGTON, Oct. 16 (Xinhua) — US President Donald Trump on Thursday threatened to "go in and kill" Hamas members after a video surfaced online showing armed men allegedly linked to the group carrying out a public execution in Gaza just days after a ceasefire took effect.

“If Hamas continues to kill people in Gaza, which is not in accordance with the agreements, we will have no choice but to go in and kill them,” Trump wrote on the social network Truth Social.

In an interview with CNN on Wednesday, Donald Trump said he would consider allowing Israeli Prime Minister Benjamin Netanyahu to resume military action in Gaza if Hamas refuses to comply with the ceasefire.

Asked what would happen if Hamas refused to lay down its arms, the US president declared: "Israel will be back on these streets the moment I say the word. If Israel could come and raze them to the ground, they would."

According to the ceasefire agreement between Israel and Hamas, the first phase of the deal includes the withdrawal of Israeli troops from the cities of Gaza, Rafah, Khan Yunis and the northern part of the enclave, the exchange of hostages and prisoners, and the opening of five checkpoints for the entry of humanitarian aid.

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Lianyungang City in Jiangsu: Numerous Foreign Trade Orders, Flourishing Production, and Active Sales

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

In recent days, major clothing manufacturing plants in the Ganyu District of Lianyungang, Jiangsu Province, have been busy. They are ramping up production to fulfill export orders. In recent years, local authorities have consistently encouraged companies to accelerate technological innovation, enhance the competitiveness of their brands, and help them enter foreign markets.

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Xinjiang's 70-Year Prosperity: A New Silk Road – A 3D Corridor Connecting Asia and Europe

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

In recent years, Xinjiang has been actively participating in the joint construction of a new international land-sea corridor in the western part, fully advancing the construction of railways, highways, air routes and commercial logistics networks, promoting the formation of a new openness model of "internal-external land-sea connectivity, two-way interaction between East and West", and building a three-dimensional corridor connecting Asia and Europe.

To date, 19 border crossings have been opened in Xinjiang, 119 bilateral international road transport routes have been launched, 10 multilateral international road freight routes have been opened, the number of air routes has reached 595, and 25 international passenger airlines connect with 17 countries and regions. From land ports to airports, from crossings to cooperation zones, Xinjiang is constantly at the forefront of openness, spurring the development of the New Silk Road.

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Guangzhou Fair: Record Number of Exhibitors and Exhibition Spaces

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

On October 15, the 138th Canton Fair opened in Guangzhou. Both the number of participating companies and the number of exhibition spaces reached record levels: over 32,000 companies brought millions of new products to this major foreign trade event to showcase innovative and smart Chinese manufacturing to the world.

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Hong Kong's total export value has risen for 18 consecutive months.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

According to the statistics on foreign trade in goods released by the Statistics Office of the Hong Kong Special Administrative Region on September 25, Hong Kong's total export value increased by 14.5% year-on-year in August, marking the 18th consecutive month of growth, with the growth rate accelerating by 0.2 percentage points compared with July.

Statistics show that Hong Kong's import volume increased by 11.5% year-on-year in August, rising for the eighth consecutive month. A trade deficit of HK$25.4 billion was recorded in August. For the first eight months of this year, Hong Kong's foreign trade turnover increased by 13% year-on-year, with a trade deficit of HK$243.3 billion.

A Hong Kong Special Administrative Region (HKSAR) government spokesperson stated that Hong Kong's export volumes continued to grow in August. Exports to mainland China and most other Asian markets continued to grow steadily, with exports to the US and EU also increasing. Furthermore, exports of most key commodities also increased, with positive results seen in the electrical appliances, equipment, and mechanical devices industries.

According to the spokesperson, robust economic growth in Asia, particularly in mainland China, as well as Hong Kong's growing economic and trade ties with various markets, will continue to support Hong Kong's merchandise trade performance. However, US trade policy will continue to impact short-term prospects for international trade flows, and the Hong Kong Special Administrative Region (HKSAR) government therefore remains vigilant.

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Financial news: 16.10.2025, 17-44 (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for the SLV/RUB currency pair were changed.

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Source: Moscow Exchange – Moscow Exchange –

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In accordance with the Methodology for Determining Risk Parameters of the Foreign Exchange Market and Precious Metals Market of Moscow Exchange PJSC by the National Clearing Center (JSC) on October 16, 2025, at 5:44 PM (Moscow time), the upper limit of the price corridor (up to RUB 235.09 in the TOD settlement mode) and the market risk assessment range (up to RUB 249.3391, equivalent to an 18.3% rate) for the SLV/RUB currency pair were changed. The new values are available. Here.

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