The joy and excitement about business opportunities during China’s economic boom years were closely followed by criticism of China’s environmental pollution. Albeit being one of the biggest developing country with a huge population (together with India and Brazil), these criticisms were and are not without reason. In 2006 China overtook the United States to become the world’s biggest emitter of carbon dioxide. At that time China per capita numbers were still far behind …
It is true that China’s stock market has dropped 40% from its peak, but that’s less an indication of China’s slowdown than a correction from an irrationally engineered bubble.
United States are in a pre-election campaign stage and many candidates, especially from the conservative side who point at China as some kind of scapegoat for a variety of problems.
China's pledge to help crack down on hackers who steal commercial secrets from the United States, even coming as it did amid a bit of arm-twisting by President Barack Obama, is a big breakthrough that could reduce U.S.-China tensions and end huge losses for American companies.
Soon after I moved to Beijing in the summer of 2002, the Chinese government invited journalists to a naval base in Qingdao, a beautiful city in northeastern China that reminded me a bit of San Francisco.
On the hunt for a factory to manufacture her "smartwatch for Grandma," Jean Anne Booth headed to China recently to check out several facilities. "If you're going to build that level of technology, China is really the place to go for cost effectiveness and capability for what it is we're doing," said Booth, the CEO of four-employee UnaliWear, a two-year-old firm in Austin, Texas.
Xi Jinping and Barack Obama will have a lot to talk about when the Chinese president makes his first state visit to Washington next week, which will take place between Xi’s tech-focused swing through Seattle and an appearance at the U.N. General Assembly in New York.
The west's bears have always well outnumbered the bulls when it comes to the Chinese economy. A new problem is all too often seen as an intimation of impending crisis, a hard landing, consequent social instability, and perhaps the eventual collapse of the regime. Dream on.
The Chinese yuan has stabilized after its devaluation against the U.S. dollar in August. Our base case is that China has sufficient financial firepower to avoid an uncontrolled depreciation and/or an associated economic hard landing. However, markets should not dismiss risks surrounding the yuan and what its value implies about Chinese economic health – as well as knock-on implications for other emerging market currency regimes.
The steady drumbeat of news of China’s macro-economic slowdown has continued, taking Chinese equity markets down seemingly with each headline. Meanwhile, the US stock markets have been hit hard in sympathy, with investors clearly worried about the impact a slowdown in China may have on the global economy. With this tumult, we’ve seen a chorus of negative sentiment from leading Silicon Valley voices regarding China.
What's China going to do about its yuan problem? The issue has become urgent after China's foreign exchange reserves dropped by a record $US94 billion ($135.7 billion) last month as the People's Bank of China intervened heavily in foreign currency markets in order to prop up the yuan.
Last month, Dalian Wanda, one of the most outward facing corporates in China, bought the organiser of the Ironman triathlons from a US private equity firm for $650m.
The Pentagon has laid down a fresh marker against China’s worrisome land reclamation effort in the South China Sea. In a congressionally mandated report published last week, the Defense Department outlined a strategy for maritime security in the Asia-Pacific that attempts to counter China’s provocative behavior. The real tests will come later, but they are clearly coming.
To understand China’s surprise currency devaluation, you need context.
The sudden fall in China’s currency last week spurred a lively debate about whether the move was a victory for market reform or a competitive devaluation designed to shore up flagging exports.
Japanese Prime Minister Shinzo Abe drew global attention on Friday in one of Japan’s biggest moments in recent years. But there is nothing to be proud of, as the world is inspecting the trustworthiness of the Japanese government over historical issues.
Two days after the People’s Bank of China surprised the world by letting the renminbi slide, investors and policymakers are still puzzling over whether it was a benign move towards a market-driven exchange rate or a competitive devaluation.
Here are two things that China’s government wants very badly: first, for its economy to remain on an even keel, keeping growth and employment high. Second, for its currency, the renminbi, to become globally pre-eminent, helping promote the country’s diplomatic goals and solidifying the country’s centrality to the global economy.
Many candidates running for president of the US have been railing at the threat posed by China and its potential to hold the US economy hostage.
A funny thing happens if you ask people in different countries to name “the world’s leading economic power,” as Pew Research Center began doing in 2008.