There has never been an economic story like China's - consistent rises in national income for 30 years at an annual rate of 10%, hundreds of millions of Chinese people lifted out of poverty, and expansion that took it from almost nowhere to become the world's second biggest economy, contributing 15% of global GDP and 25% of global GDP growth.
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Showing posts with label China. Show all posts
Showing posts with label China. Show all posts
Tuesday, August 25, 2015
Thursday, August 06, 2015
China to the Rescue? Struggling Emerging Markets Hope So
It’s not just China’s steelmakers and cement-mixers that are counting on new public spending to resuscitate growth.
Sunday, May 17, 2015
France and China aim to win developing markets: Fabius
France and China are interested in expanding their cooperation to win markets in Africa or Asia, French Foreign Minister Laurent Fabius said today as he confirmed Chinese Premier Li Keqiang's upcoming visit to Paris.
Saturday, April 25, 2015
China Has a Massive Debt Problem
China has a $28 trillion problem. That’s the country’s total government, corporate and household debt load as of mid-2014, according to McKinsey & Co. It’s equal to 282 percent of the country’s total annual economic output.
Sunday, April 05, 2015
China to play bigger international role: Chinese Blue book
China will play a bigger role in international affairs following recent successes of two major summits and its proposal to boost Asian infrastructure, a state-run think-tank said today.
Saturday, October 04, 2014
U.S. trade deficit narrows on rise in exports
Oct 3 (Reuters) - The U.S. trade gap unexpectedly narrowed in August to its smallest level in seven months on an increase in exports, supporting views of sturdy economic growth in the third quarter.
Tuesday, September 09, 2014
China's export numbers beat forecasts for August
China's latest export numbers rose by 9.4% in August from a year earlier, beating forecasts of about 8% growth.
Thursday, August 21, 2014
China should cut interest rates: government researcher
(Reuters) - China ought to loosen monetary policy further through "modest" cuts in bank lending rates and reserve requirements by next year to spur economic growth, a researcher at a government think-tank said.
Sunday, August 10, 2014
WTO upholds 'rare earth' ruling against China
BERLIN (AP) — The World Trade Organization has upheld a ruling that China violated trade rules with restrictions on the export of "rare earths," the minerals used in mobile phones, hybrid cars and other high-tech products.
Wednesday, August 06, 2014
Global economy one shock away from another crisis
The world is sliding towards another debt-ridden disaster, with the eurozone and China one shock away from a fresh crisis, according to a leading economics consultancy.
Tuesday, June 17, 2014
With China as guest, G77 summit seeks new development commitments
Santa Cruz de la Sierra (Bolivia) (AFP) - Leaders of developing nations plus China meet Saturday to draft a global anti-poverty agenda at a summit that also showcases Latin America's burgeoning relationship with the Asian giant.
Wednesday, June 11, 2014
Global private wealth rises to $152tn
The amount of private wealth held by households globally surged more than 14% to $152 trillion (£90tn) last year, boosted mainly by rising stock markets.
Wednesday, May 14, 2014
China tensions may have made this market a bargain
Territorial clashes with China have pushed Vietnam's shares down more than 10 percent over the past month and even though tensions haven't eased, some analysts are tipping a bargain buying opportunity.
Thursday, April 17, 2014
US tells China it must allow its currency to strengthen
The US has told China its currency must be allowed to rise if it and the global economy are to see stable growth.
Monday, March 24, 2014
IMF's Lagarde says can't do much about reform without U.S. support
(Reuters) - International Monetary Fund chief Christine Lagarde said on Sunday that there was not much she should could to push reform at her organization and give emerging economies a bigger say without the support of the United States.
Thursday, January 02, 2014
China to deepen reforms in 2014 to be rich and strong: Xi Jinping
BEIJING: China will make new strides in 2014 to deepen reforms to make the world's second largest economy rich and strong, President Xi Jinping vowed today.
Sunday, December 29, 2013
March of state companies resets global trading patterns
(Reuters) - As U.S. and European banks drop out of commodity trading, Russian, Chinese and Gulf state firms are filling the gap in an attempt to exert greater control over the pricing of the raw materials on which their economies so heavily depend.
Monday, July 08, 2013
Obama’s Opportunity to Improve U.S. Investment in Africa
Which continent is home to six of the world’s 10 fastest-growing economies and is projected to grow by 5 percent in 2013, more than twice the U.S. rate? And which one gets only 1 percent of U.S. foreign direct investment?
Tuesday, June 11, 2013
Fitch warns on risks from shadow banking in China
FRANKFURT (Reuters) - China's unregulated shadow banking sector poses an increasing risk to the country's financial stability that could spread to other countries, credit rating agency Fitch said on Monday.
Tuesday, July 10, 2012
China's Premier vows to prevent housing bubble
China must “unswervingly” press ahead with controls to keep house prices down, Premier Wen Jiabao warned, highlighting fears of a renewed property bubble in the world's second largest economy.
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