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GaveKal-Dragonomics, an independent research and advisory firm specializing in China's economy, explains China's growth this way: "As it has modernized its economy, China has experienced a virtual 'tsunami' of labor.
Greg Smith, former Goldman Sachs Group Inc executive director and former head of its US equity derivatives business in Europe, the Middle East and Africa, caused an uproar with his claim that the firm had "sidelined" its clients in its pursuit of money. Goldman Sachs has defended its practices and its treatment of clients. These are comments on the issue from some major Chinese media outlets.
With international oil prices already hovering above $100 a barrel and expected to average $130 in 2013, Chinese policymakers should not hesitate to raise domestic fuel prices to both curb excessive use of oil and provide an incentive for greater energy efficiency.
The reasoning of the dispute settlement body in this case severs the connection between the different parts of the WTO rules and derives from the North-South gap in international rule making, as the WTO rules follow the legislative design of the developed countries for trade relations.
The recent trademark disputes of international brands, such as Apple and Hermes, to some extent, indicate that 2012 will be a significant year for the development of intellectual property rights in China.
Another piece of news, spreading almost concurrently on the Internet, was that an employee in Beijing with a monthly income of 7,500 yuan has no sense of financial security.
The realization of all the high hopes pinned on Chinese consumers hinges on not only how equally they are enriched but also how forcefully they are empowered.
Zhou Xiaochuan said at a news conference on Monday that changed economic cycles have contributed to the high but not exorbitant profit growth of domestic banks.
US President Barack Obama announced on Tuesday that the United States, joined by Japan and the European Union, has filed complaints with the World Trade Organization over China's rare earth export quotas.
There shouldn't need to be a debate about whether China should provide economic aid and technical assistance to other countries. Yet voices have been raised in recent years decrying China's foreign aid as an unnecessary face-saving project that it cannot afford.
Premier Wen Jiabao's faith in confidence and will to act were on full display on Wednesday during his news conference capping the annual session of the National People's Congress in Beijing.
Consumption and safety" is the theme designated by the China Consumers' Association for this year's International Day for Protecting Consumers' Rights on March 15.
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