China’s economy is poised to overtake Japan’s to become the second largest in the world. From the BBC: China says its economy expanded by 8.7% in 2009, exceeding even the government’s own initial expectations....
financial crisis 2009
by Paulina Hartono | Dec 12, 2009
According to state reports, China has reached its job creation targets for 2009. From Ben Blanchard for Reuters, via Forbes: In the first 10 months of the year China already exceeded the number of new jobs it aimed to create in...
by Sophie Beach | Nov 30, 2009
Reuters reports on the PMI and other recent economic figures released in China: China’s manufacturing sector expanded for the ninth consecutive month in November but ran into headwinds from weaker trade and employment, a...
by Sophie Beach | Oct 19, 2009
Newsweek aims to subvert some of the conventional wisdom about China by looking at six myths about the country: The conventional wisdom is that China is steaming through the global financial crisis by building on the momentum...
by Sophie Beach | Sep 20, 2009
AP reports on young foreigners who are escaping bleak job prospects in the U.S. by moving to China: Young foreigners like Reasbeck are coming to China to look for work in its unfamiliar but less bleak economy, driven by the...
by Sophie Beach | Aug 24, 2009
From the New York Times: In past global slowdowns, the United States invariably led the way out, followed by Europe and the rest of the world. But for the first time, the catalyst is coming from China and the rest of Asia, where...
by Sophie Beach | Aug 12, 2009
On China Beat, Robert D. O’Brien looks at the impact of the economic crisis on China’s migrant workers and whether the government really should be worrying about large-scale unrest by the unemployed: In the wake of the...
by Sophie Beach | Jul 29, 2009
Bloomberg reports on the recently concluded high-level talks between China and the U.S.: U.S. and Chinese economic leaders pledged to keep up stimulus efforts and to rein in trade and investment imbalances that contributed to...
by Sophie Beach | Jul 4, 2009
A government researcher today recommended that only boosting domestic consumption would help China recover from the global financial crisis and international demand is still weak. From Bloomberg: China has to boost domestic...
by Sophie Beach | Jun 26, 2009
Gordon Chang writes for Forbes: Last week, the World Bank delivered the news that everyone wanted to hear: The Chinese economy is on the road to recovery. In its June 2009 Quarterly Update, the institution lifted its estimate of...
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