Latest Articles about Economics
China Flexes Its Muscles on Wall Street
First, it was the massive accumulation of China’s foreign reserves in Beijing's wallet, the largest in the world, with $1.4 trillion. A major portion of that money has flowed into the U.S. Treasury bonds, subsidizing much of the Bush administration’s deficit-driven economy. Then, there was... MORE
Balancing China’s Budgetary Priorities: Defense Spending and Domestic Challenges
The true level of China’s current defense budget is difficult to calculate, but projecting future trends in Beijing’s military spending entails struggling with even greater uncertainties and complexities. Forecasts of Chinese military spending over the next 10-20 years vary widely depending on the methods employed,... MORE
Balancing China’s Budgetary Priorities: Defense Spending and Domestic Challenges
The true level of China’s current defense budget is difficult to calculate, but projecting future trends in Beijing’s military spending entails struggling with even greater uncertainties and complexities. Forecasts of Chinese military spending over the next 10-20 years vary widely depending on the methods employed,... MORE
Hu’s Economic Policies: Liberalizing the Economy or Promoting Special Interests?
While widely recognized as holding conservative ideological and political views, the Hu Jintao leadership has been given reasonably high marks for pushing forward economic reforms first initiated by the late patriarch Deng Xiaoping. According to World Trade Organization provisions, the Chinese Communist Party (CCP) has... MORE
Hu’s Economic Policies: Liberalizing the Economy or Promoting Special Interests?
While widely recognized as holding conservative ideological and political views, the Hu Jintao leadership has been given reasonably high marks for pushing forward economic reforms first initiated by the late patriarch Deng Xiaoping. According to World Trade Organization provisions, the Chinese Communist Party (CCP) has... MORE
Filling of China’s Strategic Oil Reserves Apparently Delayed
According to unidentified officials from Chinese oil majors, China's remaining two of four strategic oil reserve bases will begin to be filled with oil sometime within the next year. One based in Huangdao, Shandong province will start to be filled by the end of 2007,... MORE
Filling of China’s Strategic Oil Reserves Apparently Delayed
According to unidentified officials from Chinese oil majors, China's remaining two of four strategic oil reserve bases will begin to be filled with oil sometime within the next year. One based in Huangdao, Shandong province will start to be filled by the end of 2007,... MORE
After the SED: Evaluating the U.S.-China Economic Relationship
Last month’s Strategic Economic Dialogue (SED) meeting between a cluster of Chinese cabinet ministers and their U.S. counterparts intensified the spotlight that has shone upon the bilateral economic relationship for the last several years. In the aftermath, the U.S. contingent presented a few trophy deliverables... MORE
After the SED: Evaluating the U.S.-China Economic Relationship
Last month’s Strategic Economic Dialogue (SED) meeting between a cluster of Chinese cabinet ministers and their U.S. counterparts intensified the spotlight that has shone upon the bilateral economic relationship for the last several years. In the aftermath, the U.S. contingent presented a few trophy deliverables... MORE
The Final Stages of China’s Anti-Monopoly Law
After more than 10 years of drafting and review, on June 24, the Standing Committee of the National People’s Congress of the People’s Republic of China (NPC) began its first “reading” of a draft Anti-Monopoly Law (AML). Earlier in the month, on June 7, the... MORE