China: Macro Risks
BEIJING, CHINA – Despite the global recession, China’s economy grew 8.7 percent in 2009, and the growth momentum continued in the first months of 2010, according to the World Bank’s latest China Quarterly Update released today.
The Update, a regular assessment of China’s economy, finds that massive investment-led stimulus was key in driving the economy last [...]
Making It So Chinese Is Not Greek to Me
Do you have a hard time understanding China? You are not alone. Here are a few headlines to help enlighten:
Hundreds Injured in China Earthquake
An earthquake Thursday in southwestern China injured more than 330 people and damaged thousands of homes, the Chinese Government said.
Communist Leaders Vow Stability After China Riots
China’s top communist leaders vowed [...]
China Says: Reform the International Monetary System
The People’s Bank of China is calling for a universal currency. Russia has also expressed a desire for the International Monetary Fund (IMF) to use a single, non-dollar based currency. China holds a trillion dollars of US debt in dollars.
The article, What Is a Dollar Worth, considered the risk of future inflation because [...]
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