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Topic: Deng Xiaoping

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  • China's rocky relationship with Hong Kong: 10 key moments

    To help understand how China's relationship with Hong Kong has changed through its evolution from British rule to special administrative region, here are 10 key moments:

  • A hard landing for China? Six top economists weigh in.

    China's economy grew 8.9 percent last quarter, the slowest pace in 2.5 years, and on Monday Premier Wen Jiabao cut the nation's growth target for 2012 to 7.5 percent, an eight-year low. Worries of a Chinese hard landing, defined as a sharp and sudden deceleration in growth, have gained momentum. However, China has been proactive in its efforts to prevent a hard landing.  It has fine-tuned its policies to curb inflation, boost domestic consumption, and prevent a housing bubble. The Chinese government intervened heavily from 1989 to 1991 to cool its economy, causing real growth in gross domestic product to plunge to 4.1 percent in 1989, from 11.3 percent the previous year. It stepped in again in 1993. And some argue that this time around it's no different, and that the government knows exactly what it is doing. So we asked six top China analysts whether they saw a hard or soft landing scenario and what we should keep an eye on.

  • Hu Jintao in America: 7 questions about the Chinese president's visit

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Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Dave Valle started Esperanza International in 1995. Since then, Esperanza has given $38 million in microloans to support small businesses.

Dave Valle plays on a new field: microloans that help to end poverty

As a pro baseball player in the Dominican Republic Dave Valle saw poverty up close. Now his microloans are helping to end it.

 
 
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