financial crisis 2008-2009



China Feels After-Effects of Economic Stimulus

At the Los Angeles Times, David Pierson examines the hangover from China’s efforts to combat the 2008 financial crisis, beginning in a gleaming but deserted shopping mall in Beijing: “It gets better on...

Vietnam and China in an Era of Economic Uncertainty

From the Japan Focus: Vietnam and China have much in common. There is no country more similar to China than Vietnam, and there is no country more similar to Vietnam than China. They share a Sinitic cultural background, communist...

Bill Powell: Can China Save the World?

From the Time Magazine: On a steamy saturday afternoon just outside Shanghai, Zhang Yi is in a blessedly cool General Motors showroom, kicking the tires of the company’s newer models. He’s not there to beat the heat....

Nervous China May Attack India by 2012: Expert

On possible international consequences of China’s domestic challenges, here is one perception from an Indian expert, from Times of India: A leading defence expert has projected that China will attack India by 2012 to...

China’s Commodity Buying Spree

From the New York Times: Strong buying by China has helped lift commodity prices around the world this spring, but growing evidence suggests that a sizable portion of this buying has been to build stockpiles in China, and may...

GM Reportedly Selling Hummer to Chinese Company

After filing for bankruptcy on the morning of June 1, 2009, American car company General Motors (GM), once one of the largest automobile manufacturers in the world,  may be selling its Hummer brand to a Chinese heavy machinery...

Treasury’s Geithner: Durable Economic Stability

U.S. Treasury Secretary Timothy Geithner spoke to reporters on his way to Beijing on Saturday, the first day of his highly-anticipated first visit to China.  From MarketWatch: “We are seeing more durable stability in the...

China Economy Can’t Recover in Isolation

Chinese officials are waiting for the U.S. economy to recover from the financial crisis before they expect China’s to. From Reuters: Aggressive monetary and fiscal policies put in place over the past few months are being...

Slump Tilts Priorities of Industry in China

Environmental concerns have taken a backseat to economic interests in the global financial crisis. From Jonathan Ansfield of the New York Times: A year ago, pollution was a top issue around Duanjialing. Now, amid the global...

Funeral jobs Hot among Shanghai Graduates

Desperate graduates apply for funeral jobs in Shanghai, via China Daily: It is the one business that is never short of clients, and 366 college graduates will this week find out if the city’s funeral industry is the answer...

China Seeing ‘Gradual Recovery’

Wen Jiabao, the premier of the State Council of China, comments on China’s economy that it shows positive changes but still faces “very big difficulties,” from BBC: The economy showed “better than...



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