Maturing and end of East Asian growth model

2009-05-13 07:47:25

Different or even contrasting "modes" of exit from the East Asian growth model have been seen among East Asian economies. I use the term "modes" to suggest that the end of the rapid growth in East Asian economies was neither intended as part of a strategic plan, nor did it happen at random.

Sichuan on firmer ground than a year ago

2009-05-12 07:52:07

People in quake-hit Sichuan province need more help, especially from the government, even if they are holding their heads high despite the sorrow and challenges.

Exchange reserve to boost Asian confidence

2009-05-11 07:42:34

Asian nations recently reached an initial agreement on the establishment of a foreign-exchange reserve pool by year-end to revive investor confidence as economies around the region falter amid the worst global economic recession since World War II.

Old friends from US, we'll never forget you

2009-05-08 07:50:44

During the ceremony celebrating the 60th anniversary of People's Liberation Army Navy, friends from many countries visited Qingdao.

We're now well prepared to tackle the flu

2009-05-08 07:51:11

Last week, in response to the outbreak of a new strain of H1N1 Influenza A centered in Mexico, the World Health Organization (WHO) raised its pandemic threat level to Phase 5.

How the recession tested the big banks

2009-05-08 07:51:11

Treasury, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Federal Reserve announced on Wednesday the results of an unprecedented review of the capital position of the nation's largest banks.

A nuclear weapon-free world an inspring ideal

2009-05-07 07:40:19

In recent years, "a nuclear weapon-free world" has become a worldwide campaign.

Stimulus package has started bearing fruits

2009-05-07 07:40:52

A growth rate of 6.1 percent in the first quarter of 2009, the lowest in a decade, has reaffirmed the Chinese government's commitment to stimulate its economy through massive domestic spending and targeted foreign assistance.

Will Aso's new economic plan work?

2009-05-07 07:40:52

Japanese Prime Minister Taro Aso's Cabinet recently launched a new economic initiative, a so-called "Aso edition of the Neo-Keynesian Economics", in an effort to pull the world's second largest economy out of its worst recession since the end of World War II.

Task ahead for China, US: Maximum cooperation

2009-05-06 07:45:18

Despite the broadening of the strategic agenda, the Barack Obama administration will continue to work with Beijing on three important "holdover" issues from the Bush administration: Taiwan, the Democratic People's Republic of Korea (DPRK) and Iran.

How to bring peace to Korean Peninsula

2009-05-06 07:45:18

The United Nations Security Council adopted a statement condemning the recent rocket launch by the Democratic People's Republic of Korea (DPRK).

A thorn in the relations between China, Japan

2009-05-06 07:44:43

The Japanese prime minister Taro Aso paid a visit to China on April 29 and 30. The visit, a normal diplomatic exchange, seems logical when the two Asian giants are seeking to improve the bilateral relations. A week before the visit, however, Aso irked China on a sensitive issue that had long hampered Sino-Japanese relations - the Yasukuni Shrine. On April 21, he offered sacrifice at the Yasukuni Shrine in the name of the prime minister, which incurred the strong displeasure of China.

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