Asia's Threesome Turns Four
Though the history of the trilateral dialogue between China, Japan, and South Korea is short, it marks a new and constructive effort toward regional cooperation.
Economy, Insure Thyself
The theoretical ideal occurs when financial contracts spread the risks all over the world, so that billions of willing investors each own a tiny share, and no one is over-exposed.
Pakistan’s Road to China
But the US and Britain find it difficult to move quickly, and strong voices in their capitals want Pakistan to be punished, not helped, for its wayward ways. In the meantime, China waits with open arms.
Life without Doha
If the Doha Round fails, trade liberalization would shift from the WTO to preferential trade agreements (PTAs), which are already spreading like an epidemic.
China Boosts Holdings of Japanese Short-Term Bonds
China is increasing purchases of Japan’s government bonds, especially those with one-year or below maturity, Reuters said quoting a market source.
Who Should Lead the IMF?
Personally, I would urge emerging-market countries to support Shanmugaratnam. But it is far more likely that they will remain divided.
South China Drought Pushing up Prices, CPI may Hit New High this Month
A rare drought continues rocking the middle and lower reaches of the Yangtze River in China,, leading to price rises of wheat and vegetables, and pressing up inflationary expectations for the month.
Three Killed in an Explosion Against Demolition in Southern China
A series of explosions rocked a government compound in southern China, killing three, including the suspect, and leaving other ten people injured.
A Marshall Plan for the Arab World
We Europeans cannot afford to turn our backs on our Arab friends along the far shores of “mare nostrum.”
Economic Studies Should Focus on Market, not Macro Polices, Says Xu Xiaonian
The studies of economics should be focused on the creation of wealth, or on the market, rather than macro-policies.
A World of Regions
Ironically, today’s decline in American global power may lead to more effective regional cooperation.
BRIC Nations Slam Europe's Dominance over IMF Top Job
Brazil, Russia, India, China and South Africa, known as the BRICs, called for “a truly transparent, merit-based and competitive process” for the selection of next IMF chief, in a rare statement acting as a whole dated Tuesday.
Free-Market Babies?
France has a problem with reproductive tourism. Even so, the draft bill continues to prohibit payment for eggs.
Goldman Sachs Revises Down China Growth Projection
Goldman Sachs Group Inc. Tuesday revised down forecasts on China’s growth in 2011 and 2012, while hiking inflation projections
Voters vs. the Welfare State
Only time will tell if the recent elections in the UK, the US, and Canada signal a retreat from the growth of the welfare state or just a temporary respite.
Capital Controls or Protectionism
Both pieces of advice -tightening in emerging markets and continued monetary accommodation in the advanced economies-could breed protectionism if not accompanied by effective capital controls.
China Official Media Rebuts Criticism over its Most Gorgeous Hydropower Project
A Chinese state media rebutted in a comment a recent wave of public criticism over The Three Gorges Dam for triggering the worst draught to hit many Chinese cities in nearly a half century.
Walmart to End Trust-Mart Deal, Two Top Executives Resigned
Roland Lawrence, Walmart's chief financial officer in China, and Rob Cissell, China chief operating officer, had both resigned “due to personal reasons to explore other opportunities.”
China to Ease Bans on Japan Food Imports
Chinese Premier Wen Jiabao on Sunday said that his government will be the first to lift bans over food imported from Yamagata and Yamanashi, which were imposed after the March 11 quake and tsunami
Food Inflation may Rise on Spreading Global Drought
Droughts spreading across the world including China, Russia, the United States and France, may further fuel the already-tough inflationary situation especially in food sector
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