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.
Facing dire pollution and wanting to be in on what may be the next industrial revolution, China positions itself to be a leader in green technology – with major implications for the rest of the world.
It aims to repeat its manufacturing success by grouping artistic professions the way it did its factories.
The lack of transparency over the case of executive Stern Hu raises questions about rule of law – even as many agree China is within its rights to investigate.
The authorities have launched a pilot project allowing some trade in renminbi. It comes as top US and Chinese officials wrap up a summit on economic coordination Tuesday.