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New Year's Eve celebrations around the world

As the celebrations kick off in New Zealand and Australia, there was an enthusiastic welcome to 2013 across Asia, with extravagant firework displays lighting...

China's Shanghai eliminates 2015 economic growth target

Jan 26, 2015    

BEIJING (Reuters) - Shanghai eliminated its economic growth target for this year, the city's mayor said on Sunday, as China works to shift its focus to qualitative goals with the economy slowing.The financial hub did not provide a target for growth in an annual report but said Shanghai would maintain a steady expansion and aim for greater efficiency."We are not too concerned about GDP," Mayor Yang Xiong said at the opening of the city legislative session, according to a state radio report. He said the government is paying more attention to developing a pilot free-trade zone and to ec...

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