There is a growing chorus of voices in the media and the academy singling out the actions of the Chinese state as central to the dilemmas of the world economy. This focus finds its most…
Category: Economy
China has become the world’s second largest consumer market of gold after India, with the demand for Gold increasing 13 percent on average annually. According to Sun Fengmin, Deputy Director with Gem & Jewelry Trade…
China boasts the third-largest population of millionaires in the world, behind the United States and Japan, the Boston Consulting Group (BCG) said in a recent report. The United States still leads with more than 4.7…
Over the past three decades, we have seen China grow, change and develop. We have seen difficult times, and we have seen improvement in the economy. We have seen millions of people lifted out of…
China’s pattern of economic growth is changing. The country is depending more and more on domestic consumption than external demand. Previously, beginning from the 1980’s and 1990’s, when China’s economy first began rapid expansion, economic…
The latest economic report cards have shown improvements in both the US’ and China’s economies. The similarity ends there however, as these quantitative increases have very different qualitative implications for their respective countries. It comes…
The Shanghai World Expo which wrapped up October 31 created a record for host country China as a total of 72 million visitors trooped in to the expo ground. The expo was the biggest most expensive event since the Great Exhibition of 1851 in London that marked the coming of the Industrial Revolution.
The latest economic report cards have shown improvements in both the US’ and China’s economies. The similarity ends there however, as these quantitative increases have very different qualitative implications for their respective countries. It comes…
China’s development in aeronautics is laying the groundwork for future cooperation between China and NASA, according to NASA Chief Charles Bolden. Bolden was in the country recently. “Although my visit did not include consideration of…
According to a statement made by the Political Bureau of the CPC Central Committee, the next five year plan “shall suit the changes in the domestic and international situation and meet the public’s demands for…