- China HSBC PMI Slows to 54.4 in December
The HSBC China Purchasing Managers’ Index (PMI) slipped to 54.4 in December from 55.3 in November as output and new businesses increased at the slowest pace in three months.
- A Time to Spend
Because only the government can create the investment-grade financial assets that are in short supply in a depression, it is the government’s task to do so.
- China Issues First Anti-Corruption White Paper
The government highly values the positive role played by the Internet in enhancing supervision, and will continue to build and strengthen a convenient and unimpeded feedback channel for the public.
- No Substantive Move for China’s Tobacco Control
China’s tobacco control program remains a mere scrap of paper, experts said, after the country could hardly live up to the promises to keep its billions of people away from passive smoking.
- China to Expand the Coverage of VAT
China sets to expand the coverage of value added tax (VAT) during the 12th five-year plan (2011-2015), among other tax adjustments, which would bring the country’s revenue up 8 percent in 2011.
- A Confederal Solution for Palestine
Netanyahu's strategy of defense in depth stands a better chance of success than Abbas’s pursuit of statehood through international recognition.
- China SPBD to Form JV with Silicon Valley
Shanghai Pudong Development Bank and Silicon Valley Bank of the U.S. plan to jointly set up a bank in China that will serve small- and medium-size technology companies.
- Doing Poorly by Doing Good
The microfinance sector has made some mistakes, which politicians have exaggerated in an effort to destroy an industry that undermines them by making the poor more independent.
- Is Regulation Really for Sale?
We now know that some of these market emperors had no clothes, and that their activities, far from benign, could result in severe financial instability and generate serious losses for taxpayers.