- China's Current Economic System is Transitional
Recent economic and social developments in China fully demonstrate that growth achieved through strengthened administrative control and pouring resources into the economy is unsustainable.
- Libya's Shadow on Sovereign Wealth Funds
Both governments and corporations should internalize the message and learn from the Libyan example. The alternative may be too expensive for shareholders and citizens alike.
- The Bogey of Fiscal Stimulus
Indeed, the menace that now confronts us is not public debt or inflation, but a downward economic spiral that will be increasingly difficult to reverse.
- Occupy the Mortgage Lenders
If the Occupy Wall Street movement tells us anything, it is that the last thing the US economy needs is more households overwhelmed by debt.
- Recovery before Reform
The challenge is to revive lending growth in full awareness that we must begin devising ways to rein in the credit.
- The Bankers’ Capital War
There is no one who can offer a timely and, above all, authoritative view on which forecast is the more compelling scenario. The stakes of not knowing are very high.
- Barrels, Bushels, and Bonds
If the international financial wizards can get together and act on this idea now, commodity exporters might be able to avoid calamity the next time the world price of their product takes a plunge.
- China Yuan REER Soars 3.77Pct in Sept.
The index of real effect exchange rate of China’s currency jumped 3.77 percent in September to 125.01 from August’s 120.47, the Bank for International Settlement (BIS) said Tuesday.
- China Eastern Scraps 24 Orders of Boeing 737
China Eastern Airlines Corporation Limited has announced Tuesday that it will cancel 24 orders of 787 aircrafts but buy 45 737NG aircrafts instead after Boeing delayed delivery of 787 aircrafts.
- China Credit Growth Normalizing: HSBC Report
Barring selective easing for small companies, the PBoC will likely hold monetary policy stable, as inflation is expected to ease only gradually in the coming months.