China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reforms that the government undertakes over the next decade. But, because the most pressing reform – interest-rate liberalization – carries both risks and rewards, officials should be prudent in their approach.
2013-05-21
While some African countries now rank among the world's fastest-growing economies, others – including the 14 countries that form the franc zone – remain mired in poverty. To break out of it, franc-zone leaders must pursue complete emancipation from France, abandon the CFA franc, and build relations with China.
2013-05-21
While some notable agreements have boosted ties, in other ways the story of the corporate links spanning the two Asian powerhouses is less happy
2013-05-21
Restrictions and a property tax announced by the central government in February have not been fully implemented in any city apart from Beijing
2013-05-21
TO meet the needs of China's fast-growing offshore industry and to support Chinese shipyards, major maritime classification group Det Norske Veritas today set up an offshore task force in Shanghai.
2013-05-21
SHANGHAI stocks recovered from a brief setback before noon and gained five days in a row amid optimism for emerging industries as China pushes ahead with economic transformation.
2013-05-21
Boat owner says no ransom was paid despite an earlier report that Pyongyang had demanded $97,000 for the release of the vessel and its 16 crew
2013-05-21
SHANGHAI stocks retreated this morning, snapping a seven-week winning streak, as financial firms and food producers dropped.
2013-05-21
Defendants allegedly conspired to take bribes from Chinese research outfits for details about NYU research into magnetic resonance imaging technology
2013-05-21
Philadelphia-headquartered VTL Associates says it has received an investment from Suzhou Industrial Park Kaida Venture Capital, an entity associated with Chinese venture capital firm, Dalian Kaida Venture Capital. The growth capital will be used to support the expansion of RevenueShares, a division of VTL Associates that provides revenue-weighted exchanged-traded funds (ETFs). VTL Associates is an […]
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2013-05-21
Suning will open its first electronics chain store in the Tibetan city of Lhasa on May 25, 2013. With the opening of this store, Suning will become the first Chinese nationwide retail chain operator to enter this autonomous region in western China. As …
2013-05-21
Starting in September, I will teach a course in International Marketing in the Fudan-Boston University Program. The course is delivered through Fudan University's School of Social Development and Public Policy. This is a study abroad program delivered to students from…
2013-05-21
WSJ reports: How high is inflation in China? Some suspect it is higher than is captured in the official consumer price index.A new measure developed by e-commerce giant Alibaba Group Holding Ltd. seems to give that idea some credibility. The…
2013-05-21
THE price of oil rose yesterday, taking its cue from the stock market and the dollar.
2013-05-21
THE price of oil rose yesterday, taking its cue from the stock market and the dollar.
2013-05-21
SMALL-COMPANY stocks were a bright spot in a slow and choppy start to the week for Wall Street.
2013-05-21
SMALL-COMPANY stocks were a bright spot in a slow and choppy start to the week for Wall Street.