If the entire financial system does not come down upon our heads and if we do not have another war, global growth is going nowhere in the year’s ahead. We had a mini-recovery, but it…
Tag: inflation
BEIJING – China will continue to fight inflation resolutely in the second half, and the economy still has great potential for rapid growth in the near future, said an official of the National Development and…
BEIJING – Though there appears to be a light at the end of the US debt crisis tunnel, the agreement reached over the weekend in Washington won’t remove concerns over a weaker dollar, which will…
No one expects the Fed to announce a rate-hike at the end of the today’s FOMC meeting, but that doesn’t mean there won’t be a few surprises. The problem is that the recovery has stalled…
CHANGSHA, China — China’s economy is starting to slow, after two years of torrid growth achieved following the global downturn. Chinese manufacturers’ backlogs of orders are gradually shrinking in many industries. Purchasing managers have become…
BEIJING – Electricity prices for industrial use will be raised on Wednesday in 15 regions to combat power shortages, amid concerns over increasing manufacturing costs and a slowdown in production. The National Development and Reform…