China’s pattern of economic growth is changing. The country is depending more and more on domestic consumption than external demand. Previously, beginning from the 1980’s and 1990’s, when China’s economy first began rapid expansion, economic…
Category: Economy
The latest economic report cards have shown improvements in both the US’ and China’s economies. The similarity ends there however, as these quantitative increases have very different qualitative implications for their respective countries. It comes…
The Shanghai World Expo which wrapped up October 31 created a record for host country China as a total of 72 million visitors trooped in to the expo ground. The expo was the biggest most expensive event since the Great Exhibition of 1851 in London that marked the coming of the Industrial Revolution.
The latest economic report cards have shown improvements in both the US’ and China’s economies. The similarity ends there however, as these quantitative increases have very different qualitative implications for their respective countries. It comes…
China’s development in aeronautics is laying the groundwork for future cooperation between China and NASA, according to NASA Chief Charles Bolden. Bolden was in the country recently. “Although my visit did not include consideration of…
According to a statement made by the Political Bureau of the CPC Central Committee, the next five year plan “shall suit the changes in the domestic and international situation and meet the public’s demands for…
The relationship between China and the Association of Southeast Asian Nations (ASEAN) is getting deeper, and enhancing economic and political strength in the region. A new regional power is gaining stability in this part of…
China has been re-elected into the UN Economic and Social Council, one of the six principal UN organs that is tasked to coordinate the economic, social and related work of the United Nations and its…
…and the Rest of the World Knows It Posted by Dilip Hiro “Make poverty history!” A catchy slogan, and an admirable aim, it was adopted by world leaders at the United Nations summit in New…
Ekaterina Volozova BEIJING—(October 21, 2010) – – China Central Bank Tuesday increased interest rates for the first time since 2007. The rate on a one-year loan was raised by 0.25 percentage points to 5.56 percent…