Economy

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Time to unwind stimulus in East Asia  2010-07-22 07:53:44

But with the recovery on track, it is now time to unwind the policy stimulus that has helped power the recovery. Whether or not the recovery is sustainable depends heavily on the timing, policy mix and pace at which the economic stimulus is withdrawn.



Ratings game up for grabs  2010-07-21 07:53:10

If China shows consistent ability in standards setting, it will be able to climb the global monetary ladder



Economic advice for policymakers  2010-07-20 07:51:04

China has started formulating its 12th Five-Year Plan (2011-2015) by soliciting the advice of officials and economists. The focus of the previous four five-year plans was on setting economic growth targets, which was usually surpassed by growth in real terms.



Economic traction intact  2010-07-20 07:51:04

Macroeconomic data released recently by the National Bureau of Statistics (NBS) indicate that the Chinese economy is on an upward trajectory despite the pace of growth slowing from that of the previous year.



Toward a fair ratings system  2010-07-19 07:56:23

A recent report by Dagong Global Credit Rating Co Ltd on the world's sovereign credit status and its risks, is a significant step by a non-Western entity to break the long-established monopoly of Western ratings agencies over the global credit ratings business.



Speed industry restructuring  2010-07-16 07:59:37

Even though China's leaders prize stability, they may come to look back on recent labor strikes as a healthy and vital turning point on China's twisting path to development.



Time to change wheels  2010-07-15 07:41:42

As China opens its doors to more foreign manufacturers, domestic automakers with little to show by way of technology advantage will likely be overpowered by powerful competitors from abroad.



Understanding global supply chain  2010-07-12 07:53:17

Being a large city in the Western and inland region, Chongqing is less dependent on exports and more on domestic consumption and investment. Having invested in good infrastructure, the city's priorities are now to tackle crime and make the city greener.



US Treasuries as safe assets  2010-07-09 07:51:45

Increasing worries over a potential double-dip global recession have, however, rallied the US Treasuries market and made them the best-performing fixed-income assets.



US treaty could threaten growth  2010-07-07 07:54:12

The US and China discussed a bilateral investment treaty (BIT) at the Sino-American Strategic and Economic Dialogue (SE&D) in May. If the final negotiated text looks like the majority of US BITs it could threaten financial stability and economic growth in China.



Towards new financial order  2010-07-05 08:00:46

Global recovery is moving into a more complicated phase in the post-crisis era. The top priority of the G20 summit held recently in Toronto was to strengthen the recovery and laying the foundation for sustainable and balanced growth.



Counterfeit market blues  2010-07-03 07:56:13

A report in the South China Morning Post last month quoted a United Nations official as having said that Chinese producers, some with the influence of organized criminal gangs, control Europe's $8.2-billion counterfeit goods market.



Getting economic recipe right  2010-07-02 07:50:36

For me, there is nothing more abnormal about China's unbroken pattern of growth than effective macroeconomic intervention in boom times.



Economy progressing on right path  2010-06-29 08:15:07

But contrary to some experts' view, I don't agree that the Chinese economy is headed for a hard landing and that it would be dragged down by local governments' debt crisis.



China no answer to West's credit crisis  2010-06-29 07:53:41

It shows that China has its own sovereign debt crisis and is part of the global leverage problem, not the solution.



New growth model needed  2010-06-29 07:53:41

After weathering the global financial crisis, both the government as well as the Chinese industry have reached consensus that China's economic development pattern needs to be transformed.



Growth to retain momentum  2010-06-28 07:58:39

Extant uncertainties are unlikely to scuttle the robust dynamism shown by the Chinese economy.



Global role for renminbi  2010-06-23 07:56:58

The decision by the People's Bank of China to reform the renminbi exchange rate formation mechanism has underscored the monetary authority's sense of urgency regarding exchange rate flexibility as well as its determination to adjust the nation's long-held passive position on the matter.



Stable exchange rate matters  2010-06-22 07:51:09

The People's Bank of China's unexpected announcement Saturday on the yuan's exchange rate does not mean major reforms are coming soon to the country's currency exchange rate regime.



Debate: Chinese economy  2010-06-21 07:51:58

Will China be able to continue its fast economic growth? An economist and a professor of international relations both say there are many challenges ahead.



Vested interests eat into economy  2010-06-17 07:55:14

Tightrope balancing effort  2010-06-10 09:30:39

Moving up the value chain  2010-06-08 07:46:54

Check borrowings by local govts  2010-06-02 07:48:52

Bigger say in price discovery  2010-05-31 07:50:39

Balancing growth and realty prices  2010-05-26 07:54:04

Curbing excess domestic liquidity  2010-05-25 07:55:57

Yuan target of greedy speculators  2010-05-21 07:52:33

End of fiscal sovereignty in Europe  2010-05-21 07:52:33



Debate

Is there too much craze over iPad2?

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?

Reports

'Ant tribe' growing: Survey

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.