We live in an abnormal world of falling consumer prices. The phenomenon is so rare that the United States, for instance, saw year-on-year price declines only in one month (this January) in the past 50 years, if we leave out the depths of the financial crisis in 2009. Indeed, deflation fears have been increasing globally since last year, notably in Europe and Japan, and increasingly in China.
Successful management consulting firms generally operate under a partnership structure. Recently, partnership as an organizational arrangement has also become popular in China, as some corporations claimed to have adopted it and some others are considering it..
Australian Prime Minister Tony Abbott's first budget aimed to tackle a "debt and deficit disaster". His economic blueprint released on Tuesday will be as much about political survival as repairing Australia's finances.
German stocks, rejected by investors in April, are luring them back in May.
Local investors are exiting Indian debt funds at the fastest pace since September, a sign of more losses ahead for bonds that are the worst performers among the largest emerging markets this quarter.
The rains that drenched dry wheat fields in Kansas are dousing prospects that the grain will emerge from a bear market.
Paris is hoping that Chinese tourists, scared away from the City of Light by the dark doings of its criminals, will reassess their views and begin flocking back to it.
There will be fierce competition this year in the Chinese robotics market between foreign and domestic manufacturers, according to industry insiders.
The British people are reflecting on the results of last Thursday's general election and the scientific community is intensifying its calls for the next government to increase investment in research and development to drive economic growth.
As technology transforms communication - even in the countryside - some say they miss the traditional mail
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
