Search Results for: debt

Why Beijing Is in a Risky Place

George Wehrfritz reports in NewsWeek: Workers are losing factory jobs at the fastest rate in decades. Automakers—having failed to anticipate today’s sales slump—are lobbying politicians for bailouts. The stock market is a...

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Chinese President on Cuban Visit

President Hu Jintao has arrived in Cuba on his tour of Latin America. China is the island’s biggest trading partner after Venezuela. From the BBC: China has seen its trade with Latin American nations climb from $13bn in...

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Some Owners Deserting Factories in China

As China faces industrial decline and economic slowdown, an increasing number of factory owners are abandoning ship, leaving workers unpaid and companies mired in debt, according to the Los Angeles Times: Government statistics...

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A Loophole of Hope in China

Zhang Hong is deputy editor in chief of Beijing’s Economic Observer Online. He writes in the Guardian: The Chinese news media is tightly controlled. To make things worse, decisions by the censors are often arbitrary....

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Crisis Marks Out A New Geopolitical Order

Philip Stephens reports in The Financial Times: Owning up to the geopolitical implications will be as painful for the rich nations as paying the domestic price for the profligacy. The erosion of the west’s moral authority that...

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