Topic: Arthur Kroeber
China's government is attempting to boost spending and fuel sustainable economic growth though income tax cuts. Only 8 percent of Chinese will now pay income tax.
08/31/2011 10:13 am
China fined Unilever more than $300,000 after the Anglo-Dutch firm said it might raise prices on toiletries and other products. The blunt response was designed to 'break ugly habits,' that distorted market prices, officials stated.
05/09/2011 09:25 am
At this week’s annual National People’s Congress, top leaders have been stressing issues such as skyrocketing house prices, worrying inflation, and workers’ wages.
03/10/2011 07:16 am
Beijing unpegged the Chinese yuan from the dollar last weekend, leading to a half-point rise against the US currency this week. The value of China's currency has been a highly contentious issue with trade partners.
06/25/2010 10:51 am
06/04/2010 10:05 am
Workers at Foxconn and Honda won hefty pay raises this week. Higher wages will help Beijing move China's economy away from relying on masses of unskilled workers and toward higher-value manufacturing.
06/03/2010 01:59 pm
China vaulted past Germany to become the world’s biggest exporter last month as its export, import volume jumped by 18 and 56 percent. The increases are a positive sign for global trade, especially for countries that sell to China.
01/11/2010 05:08 am
Bank loans and state-led investment have reenergized the economy, and people feel more secure about their jobs. But the government has boosted spending so fast that economists are warning of stock and real-estate bubbles.
08/12/2009 01:00 am
Like the 'Asian tigers' before it, China is pushing into higher-end manufacturing and innovation.
02/09/2009 12:00 am
Beijing hopes stoking domestic consumption can boost its slowing economy. But convincing a nation of savers to spend more during hard times may be a tough sell.
01/08/2009 12:00 am
The money may not jump-start enough domestic spending, but signals to world leaders that China is engaged in resolving the global financial crisis.
11/12/2008 12:00 am
Its growth rate slowed to 9 percent in the third quarter as exports to the US and Europe start to slacken.
10/21/2008 01:00 am
Emerging economies are now big enough to help but not save Western giants.
02/13/2008 12:00 am