- Tough Times for Chinese Power, Oil Firms
Squeezed by a combination of government price controls and higher input costs, the once-profitable companies that fuel China are reporting big losses.
- Hush Falls Over China
Economic pressures are mounting for shoemakers and other low-end manufacturers in the Pearl River Delta. Is an industrial overhaul the solution?
- The Ping An-Fortis Deal: Who Really Wins?
China's Ping An Insurance chose a turbulent time to buy a big stake in Fortis for its first overseas investment, and boost that stake just months later.
- Economist: The End of the Dollar Crisis
Low US interest rates and a weak US economy, together with ongoing financial risk aversion, should keep the dollar at current levels for a while.
- CCB head Guo Shuqing: BOA Won't Pull Out
In an exclusive interview with Caijing, Guo Shuqing, chairman of China Construction Bank (CCB), one of China’s “Big Four” state-owned banks, talked about plunging real estate prices, the stock market, and opportunities for the bank to make acquisitions overseas.
- Economist: On Free Trade and National Security
If possible, the current superpower should embrace its possible successor. It should bind it as closely as possible with ties of blood, commerce, and culture--so that should the emerging superpower come to its full strength, it will to as great an extent possible share the world view of and regard itself as part of the same civilization as its predecessor.
- Guiding an Economy In Uncertain Times
Beijing’s new guidelines for macroeconomic control call for slower growth and tighter monetary policy. But will inflation and export issues rock the boat?