Home
Jason Welker's Library tagged → View Popular
FT.com / Asia-Pacific - Renminbi at heart of trade imbalances
This article talks about the weak RMB and how it affects trade between the US, China and Europe
-
The Americans get the toys, the Chinese get the Treasuries and we get screwed.” Thus a European Union official once characterised the pattern of Beijing accumulating US assets by selling renminbis for dollars, while nothing stood in the way of a rapid and destabilising appreciation of the euro.
-
A string of countries including Thailand, Malaysia and South Korea have intervened either verbally or in the foreign exchange markets in recent weeks to slow the rise of their currencies.
- 1 more annotations...
FT.com / World - Emerging-market cities climb world rankings
Shanghai ranked one of the best cities in the world for global commerce:
"Shanghai jumped into the top 25 in this year’s index, joining seven other Asian cities in this group with an eight-position jump that was the most of any city in the index. Among the world’s most populous and fastest-growing cities, Shanghai’s position in the index was bolstered by its economic stability, its legal and political framework, an increased quality of life and China’s booming economy."
Fitch: China's economy to weather through quake - People's Daily Online
"The international rating agency, Fitch, believes that neither this year's heavy snow nor strong earthquake will have much of a negative impact on China's economy..."
China and the Development Myth - D.W. MacKenzie - Mises Institute
Is China's economic success a result of the government's close management of market activity? Or is China's economic success actually a myth in itself? As the author says "While it had been thought that 100 million Chinese live on less than one dollar per day, there are actually 300 million Chinese living on less than one dollar per day."
The author refutes claims that close government regulation creates higher, more long term growth, claiming that "We can see the strength of the case for economic freedom even more clearly through proper economic theorizing. Free-market economists like Friedrich Hayek and Ludwig von Mises arrived at the proper conclusions regarding socialism and interventionism long before the evidence on modern state planning was in."
-
Chinese success in recent decades proves that government planning is a better path. Countries that follow the "free-trade" neoliberal path will lag behind while regulated economies, like China, come to dominate the global economy.
-
As of 2008, China ranked the 126th freest economy, in the "mostly unfree" category of the most recent Index of Economic Freedom.
- 2 more annotations...
Country's own jumbo jet company takes off -- Shanghai Daily | 上海日报 -- English Window to China News
China has made its first steps towards competing with the giants of the jumbo jet industry, Airbus and Boeing. It will take a while to achieve the economies of scale required to compete in the global market, but a heavy dose of government backed investment may be enough to get the Shanghai based compnay off the ground.
National Geographic Magazine - NGM.com
We hear so much about China's emergence as an economic superpower that we may forget what a naturally beautiful and geographically diverse country it is. This slideshow from National Geographic offers a little perspective of the true beauty of the fastest growing country in the world.
China | Angry China | Economist.com
What's got the Chinese populace so enraged, and what does it mean for the Communist government? Interestingly, Chinese rage runs deeper than the backlash on the Tibet issue and the West's reception of the torch relay, and extends deep into the economic and environmental issues still plaguing the country's urban and rural populations alike
Selected Tags
Related Tags
Top Contributors
Groups interested in China
Diigo is about better ways to research, share and collaborate on information. Learn more »
Join Diigo