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Nomadic roots, urban lives: the young Mongolians leading a transition
Nomadic roots, urban lives: the young Mongolians leading a transition
Economy
by  AFP

Freezing from horseback riding in the winter and helping her herder parents tend to livestock during summers spent outdoors -- Bat-Erdene Khulan vividly remembers her childhood on Mongolia's steppe. It's "difficult seeing a cement roof instead of your livestock", he said -- a common refrain from herders, so accustomed to life outdoors and the freedom of the steppe.

China central bank cuts two key rates to support flagging economy
China central bank cuts two key rates to support flagging economy
Economy
by  AFP

China's central bank on Monday cut two benchmark interest rates in a bid to boost lending and kickstart growth in the world's second-largest economy. - Sluggish growth - The economy slowed sharply in the second quarter, with data last Monday showing growth of 4.7 percent, well below expectations and sharply down from 5.3 percent in the previous three months.