China Calling on their Debtors China has called upon the United States to "cure its addiction to debts" and "learn to live within its means" after the recent downgrading of US debt by the credit rating agency Standard and Poor.’ (BBC news website, 17th Aug) China is the largest creditor...
After its tremendously rapid growth and incredible rise to one of the top economies in the world, China now has to face the challenge of ensuring continued progress. Over the past 15 years the Chinese economy has expanded by an average of around 10% a year. It's hard to say...
A common stereotype concerning China is: “It is all about cheapness. Let’s go there and save money.” This may be true however it is increasingly becoming the case that this is not the only reason to do business in and with this country. Not anymore, at least. Not anymore is...
At 1:46pm on March 11th, Beijing time, there was a class 9 earthquake that hit near Honshu island of Japan. The earthquake as well as tsunami and the fire at a nuclear power station that followed not only brought fatal effects to Japan, but also greatly affected China as its...
One of the hottest topics in China right now is “inflation.” Not only in this year, but in fact in the past few years, inflation has become an increasingly important topic in China. People talk about it every day, people feel it every day. We are highly influenced by this...