Thanks to the central government’s stabilization policies, Chinese enterprises have accelerated production to make up the inventory rather than slowing down production to digest the inventory. The macroeconomic operation will continue the rising trend and China’s GDP growth in 2013 may be faster than 2012.
Former Secretary of the US Treasury Department, Henry M. Paulson Jr., examines how better urban policies can assist China’s ailing economy, even as investment and exports continue to decline.
Huawei’s debacle with US Congress raises troubling questions at many levels. Based on hypotheticals and a basic misunderstanding of China’s business environment, Huawei will pay a heavy price for a colossal failure to communicate across the two cultures.
China’s GDP grew at 7.8% during H1, 2012, breaking the 8% psychological barrier, with Q2’s rate as low as 7.6%, the sixth consecutive quarterly slowdown. This fact has elicited panicked responses in the European and American media, and plenty of worry in China. The Wall Street Journal on July 13 predicted that China would drag [...]
Despite prophecies of gloom and doom, China is moving toward rebound – through stimulus lite.
China and the United States are in the grip of major structural changes that both dread will end the Halcyon era when China produced low-cost goods and the US bought them. In particular, many fear that if these changes lead to direct competition between the two countries, only one side can win. That fear is [...]
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