China to Allow up to 5 Privately Financed Banks, Tighten Reins on Shadow Banking
Seeking growth and competition, China opens the door to more Western-style banking.
Soros Makes Predictions for World’s Top Economies
George Soros is heartened by current efforts to revive growth in the world’s major economies, the hapless eurozone being the one exception.
China’s Q3 GDP Surprise Leaves Investors Bullish
Most agree that the higher-than-forecasted 7.8% GDP for the third quarter is an aberration, but some investors are still bullish on the world’s second-largest economy.
3 Bearish Factors That Could Set China on Fire
Chinese business leaders and officials may try to spread the blame for their diminishing fortunes, but they have become their own worst enemies.
China Says Wealth Gap Too Great
Protests and social unrest has risen as the gap between the have and have-nots has increased.
China Cuts 2012 Growth Target
Chinese Premier Wen Jiabao has set the country's growth target for 2012 at an eight-year low of 7.5% as he seeks to boost consumer demand within the nation and reduce reliance on external markets.
Burton Malkiel Is Bullish on China, Says U.S. Double-Dip Unlikely
‘Random Walk’ author and index investing champion is ‘not negative on U.S.’ but says over long run, ‘too much debt is associated with poor economic growth."
The Chinese military made headlines recently by calling on China to dump U.S. bonds in retaliation for a $6.4 billion U.S.-Taiwan arms deal. "Our retaliation should...
What Is the Chinese for Perestroika?
BEIJING, China (HedgeWorld.com)--In 1986, at the twenty-seventh congress of the Communist Party of the Soviet Union, Mikhail Gorbachev announced what might have seemed a modest...