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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Chinese economy

Chinese economy stories: 42 news summaries

1 - 20 of 42 Stories | 1 2 3 Next >>

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DAVID BROOKS

 US Needs to Regain 
 Faith in the Future 

China shouldn't have monopoly on dynamism

Nov 17, 09 4:00 AM CST
(Newser) - America needs to overcome its "crisis of faith" caused by China's phenomenal growth, writes David Brooks. Today's China is optimistic, forward-looking, and dynamic in the way America once was and should hope to be again, he points out in the New York Times . Surveys show that 86% of... More »

MORE ABOUT:
China • US economy • Chinese economy • optimism • David Brooks • future

PAUL KRUGMAN

 China Must Be
Confronted on Currency

Shackling the yuan to the dollar threatens world economy

Oct 23, 09 5:00 AM CDT
(Newser) - China has been allowed to get away with its outrageous currency policy for far too long and it's time the world did something about it, writes Paul Krugman. The nation has been keeping its currency effectively pegged to the dollar, and this policy will result in even greater trade imbalances... More »

MORE ABOUT:
currency • yuan • Chinese economy • US dollar • US currency

Bernanke: US Must Save More, Asia Spend More

Fed chief warns global imbalances could trigger new meltdown

Oct 20, 09 8:46 AM CDT
(Newser) - The world economy is headed back down the drain if Asians don't start spending more and Americans don't start saving more, Ben Bernanke said at a conference yesterday. The Fed chief warned that unequal trade patterns were partly to blame for the financial crisis and that they are re-emerging as... More »

MORE ABOUT:
China • Ben Bernanke • Federal Reserve • US-China trade deficit • trade deficit • US economy • Chinese economy • trade gap • financial crisis

OPINION

 Blair: Give China's 
 Leaders a Break 

'Second Cultural Revolution' is transforming Chinese society

Oct 9, 09 2:39 AM CDT
(Newser) - Western democracies shouldn't stop asking China's leaders tough questions on human rights, but they also need to understand the huge task that lies before China and recognize the progress the nation has already made, writes Tony Blair. The number of Chinese below the World Bank poverty line has dropped 80%... More »

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China • Tony Blair • Chinese economy • Chinese Communist party • Cultural Revolution

 G20 Near Deal to Open 
 Economies to Scrutiny 

'Peer review' system will let nations assess each other's policies

Sep 25, 09 6:17 AM CDT
(Newser) - The G20 is on the brink of a deal this morning that will require members to "peer review" one another's economic policies—a substantial shift that will expose the US and China to wider scrutiny from less wealthy countries. The new top table for international negotiation wants less American... More »

MORE ABOUT:
International Monetary Fund • oversight • IMF • global economy • US economy • Chinese economy • peer reviews • G20 • Group of 20

(Newser) - China's version of eBay is flourishing despite a crawling global economy and critics accusing the company of abetting black marketeers, the New York Times reports. Started 6 years ago, Taobao.com offers free listings, which forced eBay out of China and lured 120 million users who generate $15 billion in... More »

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China • eBay • Chinese economy • Taobao • economy • online sales

(Newser) - China is speeding up efforts to encourage the use of its currency in international trading, with analysts predicting that the Chinese renminbi will become one of the three top currencies by 2012, reports the Times of London. In recent months Beijing has inked currency-swap deals with central banks from Korea... More »

MORE ABOUT:
China • currency • yuan • Chinese economy • US dollar • foreign currency • renminbi

China Plans Massive Push for Green Power

Country could be world's leader in clean energy by 2020

Jun 10, 09 8:31 AM CDT
(Newser) - China is on course to obtain 20% of its energy from wind and solar sources by 2020—a transformation that would make the country the world leader in renewables. Beijing is ramping up its targets for clean energy, helped by the $590 billion stimulus package passed last year, a senior... More »

MORE ABOUT:
China • climate change • energy • environment • global warming • green energy • Chinese economy • renewable energy • solar power • wind power • carbon emissions • Copenhagen climate change conference

 Jobless China Faces Grad Glut 


Apr 28, 09 10:53 AM CDT
(Newser) - In recent years, the sight of an unemployed college graduate in China was as rare as a panda. But up to one third of last year's 5.6 million college graduates remain jobless, the Wall Street Journal reports. After years of the country's mostly state-run universities upping enrollment by as... More »

MORE ABOUT:
China • recession • Chinese economy • college graduates

 China's GDP Crawls, 
 But Worst May Be Over 

Growth sinks below 'danger line' but experts believe rebound is coming

Apr 16, 09 2:10 AM CDT
(Newser) - China's GDP growth fell to its lowest level last quarter since Beijing started keeping records in 1992, the Wall Street Journal reports. The 6.1% growth, however, is in line with forecasts and actually seen as decent news by many economists. Data on loans and industrial growth suggest that the... More »

MORE ABOUT:
China • GDP • Chinese economy • economic stimulus package • Chinese exports

Pentagon Game Simulates Global Economic Warfare

The exercise showed China to be the savviest economic operator

Apr 9, 09 9:33 AM CDT
(Newser) - Last month, the Pentagon hosted a new kind of war game, focused not on a “shooting war,” but on how hostile states might damage the US economy, Politico reports. Instead of decorated military brass calling the shots, shirt-sleeved hedge fund managers, academics, and executives played out scenarios shifting... More »

MORE ABOUT:
China • Russia • Pentagon • war games • global economy • Chinese economy • economy

UPDATED

 China 'Worried' 
 About US Debt 

Dollar, Treasurys fall as Wen voices concern

Mar 13, 09 7:45 AM CDT
(Newser) - The dollar and US Treasury bonds fell today after Wen Jiabao, the Chinese premier, voiced concern about the safety of US debt. As the American government's largest creditor, China has asked for reassurances that the US government demonstrate the safety of China's assets. "To be honest," said Wen,... More »

MORE ABOUT:
China • Beijing • debt • National People's Congress • growth • Chinese economy • Wen Jiabao

China Outlines
Stimulus Plans, But Offers No New Boost

Investors looking for more spending

Mar 5, 09 6:46 AM CST
(Newser) - China's prime minister announced a slate of new construction projects and increased subsidies to keep the country growing amid the global financial crisis. In his annual speech to the country's legislature, Wen Jiabao admitted that China faces "unprecedented difficulties and challenges" and would need to shift policies to push... More »

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China • Beijing • National People's Congress • growth • Chinese economy • Wen Jiabao

China's Q4 Economic Growth Slows

Economy grew by 9%
in 2008, down sharply from 13% in 2007

Jan 22, 09 9:00 AM CST
(Newser) - China’s economy expanded at 9% in 2008, in a drastic slowdown marking the first time China has seen single digit growth since 2002, reports the Wall Street Journal. A soft export market and its own housing collapse slowed fourth-quarter growth to just 6.8%, threatening the government’s... More »

MORE ABOUT:
China • GDP • Chinese economy • Chinese exports

 Tea Bubble Bursts, 
 Leaving Chinese Broke 

Boom and bust results in a bitter fate for tea-growing heartland

Jan 17, 09 10:51 AM CST
(Newser) - Thousands of people in China's Yunnan province were left in the cold when the country's red-hot tea market collapsed last year, the New York Times reports. The newly affluent nation went wild for the Pu'er region's distinctive fermented tea—said to reduce cholesterol and cure hangovers—during its decade-long boom.... More »

MORE ABOUT:
China • tea • Chinese economy • market bubble • speculation • recession depression

 Chinese Sad to See Bush Go 

President's free-trade, Taiwan policies get thumbs-up

Jan 15, 09 6:36 AM CST
(Newser) - George Bush is leaving office with rock-bottom ratings in the US but he'll be missed by his many Chinese fans, reports the Los Angeles Times. The president—affectionately called Xiao Bush, or "Young Bush"—is credited with helping China's economy blossom with his free-trade policies. Many fear his... More »

MORE ABOUT:
China • presidency • 2008 Beijing Olympics • Chinese economy • free trade • George W. Bush • Chinese Communist party

glossies

China Test-Runs 'Immoral' Horse Betting 

Horse racing returns to mainland for first time since Communist victory

Jan 3, 09 11:02 AM CST
(Newser) - China is taking slow and cautious steps towards unlocking its huge betting market, the Economist reports. Gamblers at a Wuhan racecourse recently became the first people allowed to try their luck on the horses since the Communists outlawed gambling in 1949—although a winning pick only rewarded customers 20 lottery... More »

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China • gambling • horse racing • betting • Chinese economy • gamblers • Chinese Communist party

analysis

Spending Beyond Our Means? It's All China's Fault

The time of the reckoning is here, NYT says

Dec 26, 08 12:13 PM CST
(Newser) - The financial crisis is, in part, a result of the uncomfortably tight economic embrace between the US and China, New York Times reports. China has long fostered an unsustainable credit cycle by keeping its currency artificially cheap and lending massive sums to the US. “Nobody wanted to get... More »

MORE ABOUT:
China • Ben Bernanke • Henry Paulson • Chinese economy • financial crisis • Chinese exports

OPINION

Madoff Scheme Not Much Worse Than Legal Ones

End of communism
let Wall Street become unhinged: Friedman

Dec 17, 08 10:30 AM CST
(Newser) - Wall Street used to be the epicenter of capitalism that the whole world wanted to emulate, but, on a trip to Hong Kong, Thomas Friedman discovers that the American financial establishment has lost its credibility. "We don’t just need a financial bailout," he writes in the New ... More »

MORE ABOUT:
China • ethics • Wall Street • communism • Asia • subprime mortgages • Hong Kong • capitalism • Chinese economy • Thomas Friedman • Ponzi scheme • financial crisis • Bernard Madoff

 Chinese Exports See 
 First Drop in 7 Years 

Unexpected 2.2% fall has analysts fearing major crisis for powerful economy

Dec 10, 08 2:32 PM CST
(Newser) - China’s exports have taken a sudden, unexpected hit from the global economic crisis, possibly an early indication that the world’s fourth-largest economy is on the verge of crisis. Exports, expected to rise at least 15%, shrunk instead by 2.2%, marking the first such fall in 7 years... More »

MORE ABOUT:
China • economic growth • exports • recession • Chinese economy • economy • financial crisis

1 - 20 of 42 Stories | 1 2 3 Next >>


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