We will soon find out whether Chinese President Xi Jinping’s politically conservative course is intended to facilitate his pro-market economic reforms. Having spent 2013 formulating his agenda, this year Xi will have to demonstrate that he is as capable of applying power as he is at accumulating it.
2014-01-06
The huge gap between the world’s richest and poorest countries remains one of the great moral dilemmas for the West. It also poses one of the toughest questions for development economics: Do we really know how to help countries overcome poverty?
2014-01-06
While China’s opening to the outside world has enabled it to achieve astonishing economic progress over the last three decades, the country might now have reached a level of income at which the problem is no longer “too little market.” On the contrary, some of China’s key problems today require more government intervention.
2014-01-06
The Kaesong Industrial Complex, a joint venture established by North and South Korea, is a tribute to the theory of diplomatic reconciliation through commerce. But, as a group of visitors recently saw firsthand, political tensions and paranoia remain p…
2014-01-06
The author is Michael Werner, senior research analyst covering the Chinese and Hong Kong banks at Sanford Bernstein & Co. In December, the Chinese banks underperformed the the MSCI Asia Pacific Excluding Japan Index (MXAPJ) by 300 basis points (bp) as eight of the nine Hong Kong-listed Chinese banks underperformed the market on the back […]
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2014-01-06
As an exercise in showing that Chinese companies use and promote the legal use of software, Kingsoft Corporation Limited announced that its non-wholly owned subsidiary Beijing Kingsoft Office Software Company has signed a strategic cooperation agreement with Tencent Technology (Shenzhen) Company. Under this agreement, Kingsoft will grant the perpetual usage rights of V9.6 of its […]
2014-01-06
Goodman, which owns, develops and manages industrial space, held a groundbreaking ceremony for its Goodman Wujiang Distribution Center in Suzhou, Jiangsu. Located in the city's Wujiang District, the new distribution center will be developed in two phases. The first phase, due for completion in 2014, will comprise 100,000 square meters of logistics space, making it […]