BEIJING: If everything goes right for China, it will surpass the United States as the world's largest economy, in current dollar terms (and more quickly in real terms), by 2021. Its per capita income will reach that of today's lower tier of (...)
BEIJING: Will China help to rescue the euro, or not? In August, Premier Wen Jiabao said that China was ready to assist Europe in its hour of need. But, in December, at the Lanting Forum in Beijing, Deputy Foreign Minister Fu Ying declared that China (...)
BEIJING: Even in the best of times, it is difficult for China's small and medium-size enterprises to get bank loans. But with the current regimen of credit austerity, imposed to contain economic overheating and inflationary pressure, making (...)
BEIJING: While the downgrade of Unites States government debt by Standard & Poor's shocked global financial markets, China has more reason to worry than most: the bulk of its $3.2 trillion in official foreign reserves — more than 60 percent — is (...)
BEIJING: Is China poised to surpass the United States to become the world's largest economy? The International Monetary Fund recently predicted that the size of China's economy would overtake that of the US in terms of purchasing power parity (PPP) (...)
BEIJING: With China's inflation — and inflation expectations — rising, how can price stability be maintained without threatening the country's booming growth? Reconciling growth and fighting inflation is not impossible, but it does require that the (...)