Banking on Recovery with Looser Rules in Place
The New Year seems to have brought a trend toward optimism in global banking, beginning with the European Central Bank. ECB President Mario Draghi boldly announced in January that “we are now back in a normal situation” and no longer in a financial crisis. He did concede, however, that “we...
New Chinese Leadership to Continue Economic Reforms: Hu Jintao
Opening a congress to mark a once-in-a-decade leadership change, President Hu Jintao of China said the country will continue to pursue a boost in domestic demand to spur its economy.
A Handy Guide to China’s Economic Slowdown
China’s high economic growth rates over the past few years are due in part to China’s aggressive policies on internal consumption and production.
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.
Obama, Hu Square Off Over Yuan, Trade
After a summit meeting with Asia-Pacific leaders in Hawaii on Sunday, Obama said that China must do more, and more quickly, to allow the yuan to rise in value, because other countries feel “enough’s enough.”
China to Be Hurt by ‘Black Death’ of Europe’s Debt Crisis: Commentary
A commentary appearing in the overseas edition of the People's Daily, the chief newspaper of the Chinese Communist Party, said that the euro zone debt issue was spreading like the Black Death and would harm China itself.
China’s ICBC to Take Over U.S. Retail Bank
First Chinese bank to acquire a U.S. counterpart.
America’s Top 7 Economic Issues With China
The situation may not be as dire as many pundits make out.
China’s Hu Meets Obama at White House
Touching on a key source of tension between the U.S. and China, President Barack Obama greeted Chinese President Hu Jintao on Wednesday by stressing the need for nations to observe universal human rights.
How Advisors Can Play a Rising Yuan: China Education Resources CEO
For more of an insider view of a China whose economy and currency are on the rise, AdvisorOne spoke with Chengfeng Zhou, CEO of Vancouver-based China Education Resources.