New York-born banker and author has an insider's understanding Robert Lawrence Kuhn says the West often doesn't understand the Chinese leadership's key priorities for China. The 67-year-old American is seen by many as one of the few figures outside the world's second-largest economy who actually does. He is regarded as a knowledgeable insider, having been [...]
Emerging economies face capital outflows. Between 2009 and 2011, low interest rates in developed economies sparked massive flows of hot money into emerging economies. The hot money fueled asset inflation and spiced up economic growth too. The latter gave the perception of emerging economies decoupling from developed ones and incited even more inflow. The asset [...]
The police chief of Beijing has warned that Web users who "attack" leaders of the Communist Party of China and the country, or the current system will be severely punished, raising concerns over control of online speech. Fu Zhenghua, chief of the Beijing Public Security Bureau, made the remark at a meeting on cleaning up [...]
BEIJING, July 25 (Xinhua) — China National Offshore Oil Corporation (CNOOC), the country's largest offshore oil producer, on Wednesday signed two production-sharing contracts with Royal Dutch Shell PLC to explore a pair of offshore oil blocks in the South China Sea. The blocks, 62/02 and 62/17, lie in the Yinggehai basin off China's Hainan island, [...]
A VISA-FREE policy allowing travelers to stay in Shanghai for 48 hours before leaving for their next foreign destination may be extended, the city's border police said yesterday. Under consideration is a change in policy which would allow the time period to be 72 hours. The visa-free policy is seen as part of the city's [...]
President Hu Jintao has called on the United States to properly handle sensitive issues between the two countries to ensure bilateral relations move forward in a healthy and stable way. He made the remarks during a meeting in Beijing on Tuesday with Thomas Donilon, US President Barack Obama's top security aide, the first US national [...]
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