First, China has adopted a number of measures toward greater liberalization of the capital markets. Second, the rebound in the real economy has been largely fueled by investment and credit and it is here that...
Emerging economies in the Asia-Pacific region are losing steam, which has prompted the Asian Development Bank to sharply cut its growth forecast. The bank calls for more financial stability and reforms. Gross domestic product (GDP)...
Having safe milk has become more difficult in China. China was first alerted to large-scale contamination of milk five years ago. In what was termed by the WHO as one of the biggest incidents of...
Chinese leaders have been quoted as saying that the planned Shanghai Free Trade Zone will be completely void of Internet censorship. Beijing wants foreign investors to feel “at home” in the pilot area. Hong Kong’s...
G. Bin Zhao says China’s crackdown on corruption will be a long, hard battle but it must be fought openly and with integrity to avoid social and political turmoil and damage to the economy These...
Re-looking at the Indian Tragedy Just a decade ago India was being promoted as a shining light of Asia, globally. India was dubbed as economically resilient and fundamentally sound by an army of Indian economic...
The BRICS group of five emerging countries has reached agreement on a fund aiming to stabilize their currencies. The fund, worth $100 billion, seeks to stem an outflow of capital once the US changes monetary...
Private companies are set to spearhead China’s overseas business expansion over the next decade, according to a new report. While privately-owned enterprises contribute 60 percent to China’s GDP, they only account for 14 percent of...
At the 2013 China Internet Conference in Beijing, you felt like you had been teleported into a bazaar. Salespeople lined the entrances handing out business cards and flyers; pretty showgirls in miniskirt with engaging smiles...
The euro has continued its steady rise against the US dollar, with analysts viewing the development as a sign of economic recovery in the area using the currency. But the surge might not be sustainable....
While the Reserve Bank of India (RBI) has stubbornly refused to respond to the Indian industry’s repeated pleas for lowering interest rates, its Chinese counterpart, the People’s Bank of China (PBOC) has begun implementing major...
A serious slowdown in China would affect the global economy tremendously . It should not be taken seriously by those who only put forward the benefits in the medium and long term. First of all...