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It's heartening to learn that a charity campaign started by American billionaires Bill Gates and Warren Buffett six weeks ago has produced its first results.
When Deng Xiaoping said development was vital to China's prosperity, he definitely did not mean unsustainable or wasteful development.
China's banking regulator has asked banks to conduct a stress test assuming housing prices have dropped by 60 percent.
In assessing the foreign direct investment (FDI) climate in China, foreign companies' actions are more reliable than their words, an economist from the United Kingdom said.
The global financial crisis has apparently brought dramatic changes that will impact the banking industry. Three characteristics define the new era that bankers have entered.
The foreign media are abuzz with the news that China may soon surpass Japan to become the second largest economy in the world.
The country may have largely managed to arrest the recent decline seen in energy efficiency, but policymakers cannot relax just yet.
A liquidity overhang early this year led to rapid rise in home prices and inflation concerns. The necessity of exerting tighter macroeconomic control therefore became evident.
The government-driven urbanization could create a situation in which the countryside would be exploited further and the younger generation would become more dependent on their parents and elders, says He Xuefeng.
Strict regulations on ecological conservation and the optimal usage of resources is key to developing China's western region
The completion of Geely's buyout of the Volvo car brand from Ford Motor Co Monday is certainly a time to rejoice considering that this may be regarded as a pivotal moment in the global car industry's center of gravity shifting from the West to China.
Experts say that in order to help boost the earnings of people in the medium- and low-income brackets, measures must be taken to assist the development of China's small- and medium-sized enterprises (SMEs), primarily by easing the tax burden on the nation's SMEs.
