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The recent financial crisis has exposed critical vulnerabilities in the modern financial system. To prevent a future crisis, we need a simpler financial system that is less leveraged, and better regulated.
Political rhetoric has shifted away from the need to respond to the "generational challenge" of climate change.
Integrated community, currency and cross-border free trade need strong political leadership and coordination to revive
Recent experience offers us an opportunity to reduces the likelihood of a new crisis. That means improved rules and regulations that place greater emphasis on crisis prevention than on crisis management.
As indicated by recent government documents and policy guidelines, alongside urbanization, innovation is seen as becoming a main driving force for China's sustainable economic growth in the years ahead.
It is possible that, before the end of the decade, China's current-account surplus will move into deficit, as the country imports more than it exports and spends its foreign-investment income on imports rather than on foreign securities.
The debate on how foreign capital and companies should be treated in China is not new. It started with the reform and opening-up process in the late 1970s, and got fiercer in the 1980s and 1990s.
The development of the new energy industry has moved high up the agenda of many countries in the face of the common threats of global climate change and energy insecurity.
The year 2010 was bumpy for Sino-US relations.
Since the moves of the US Federal Reserve System and Treasury Department have forced the dollar to decline, US Treasury bonds should have lost their charm. So, why does China continue to buy them?
The time has come for greater cooperation in clean energy between the US and China, which can set the stage for a new, modern and sustainable future. Perhaps this year will mark a new phase in collaboration between the two countries.
China should be worried about fiscal sustainability especially because of the reckless spending habits of its local governments.
Whole world will benefit from China pursuing its goal of building a xiaokang, or relatively well-off society, by 2020.
What we are seeing is agreement across the aisle on a very dangerous approach to public finance: a continuation and extension of what President George H.W. Bush memorably called "voodoo economics."
One of the best-kept economic secrets was reconfirmed in 2010: most countries, intentionally or otherwise, pursue an industrial policy in one form or the other.
Encouraging farmers and raising productivity has resulted in seven years of grain increases but challenges still lie ahead.
The global economy ends 2010 more divided than it was at the beginning of the year.
If the government has no option but to intervene, it should grant subsidies to farmers for two reasons.
As China continues to post staggering economic growth figures, its hunger for the commodity without which no engine can function - fuel - is becoming ever more apparent.
Narrowing the gap between rich and poor and between sectorsis necessary for the country to achieve sustainable development.
Since iPad2 went on sale in China on May 6, hundreds of iPad fans and scalpers queued up overnight at almost every Apple store. The craze even led to a violent incident in Sanlitun, Beijing. Do you think iPad2 is worth the hassle?
Beijing - Dressed in a crisp suit, Li Zhirui, sitting on the window seat of a Beijing bus, silently gazes at the European-style villas, luxury cars and illuminated shopping malls as they pass him by.