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European Union Trade Policy Review of China
We should thus expect that China not only fully abides by WTO rules and observes all the commitments made in the run-up of its accession but also shoulder its responsibilities reflecting its weight as a leading trading nation.
GPA;WTO;Indigenous innovation;EU-China June 3rd,2010
China's Economy: Slowdown, but no Crisis or Collapse, Ahead
Economic rebalancing seems to be underway – it is too early to tell, but 2009 may turn out to have been turning point.
soft landing;collapse;crisis;exit June 3rd,2010
China, Largest US Creditor, Performing Due Diligence
While it continues to lend to the US, China is paying close attention to US spending and deficit reduction behavior and solvency. The Sino-US SED is a good mechanism for China to strengthen "due diligence" on the US.
S&ED;Creditor;China-US;Sino-US May 27th,2010
Europe's Historic Gamble
Greece would be booted out of the monetary union. The eurozone would be divided into a Northern European union and a Southern European union. Or the euro – and even the European Union – would disintegrate as Germany turned its back on the project.
euro;Greece;EU;bailout May 17th,2010
China Economy: From "Decoupling" to the Dark Clouds of "Double Dip"
Now, China has no room for expansion. Different from China's economic situation in 2009, the country's actual economy expansion has been very limited, whether in terms of infrastructure, industrial capacity, local governments' debt repayment ability, or ability to expand bank credit.
China economy;decouple;double dip May 10th,2010
"Walking Pneumonia" Contraction Ahead: The Information Missing from the BEA Q1 GDP Report
Instead of a "call-911" type of event in 2008 or the "hiccup" witnessed in 2006, we may be seeing a "walking pneumonia" type of contraction that has legs.
US GDP; double dip; BEA May 6th,2010
Housing Market: China's Own "Too Big to Fail"
For the speculator or investor, real property in China has become virtually risk free. For a home buyer, the story is less happy. The later one enters the market, the deeper the financial waters to tread. Little wonder that people are in such an irrational (or rational!) hurry to put their money into the housing market.
house bubble;house market April 14th,2010
Too-Rapid Q1 Growth Makes the Case for Interest Rate Hike, Yuan Appreciation
Once the tone has been set that the economy is at risk of overheating, decision makers will be seriously considering interest rate hikes, or yuan appreciation, or both.
overheating;appreciation;rate hike April 12nd,2010
Labor Shortage and Higher Expenses Drive More Factories Inland China
Escalating production costs in China's coastal manufacturing hubs are pushing some suppliers to relocate to the central and western provinces.
labor shortage April 11st,2010
How Victor Shih Get China's Debt So Wrong
He has greatly exaggerated both the size and increase of debt of local governments in the coming two years, but he has neglected other sources of government debt: other local debts, including from the education system and town and village governments; 1.15 trillion yuan in "other assets" on the balance sheet of central bank, namely sour notes issued by the four asset management companies (set up a decade ago to strip bad loans from the four state owned commercial banks); and liabilities of the social security system.
China debt;financing platform;Victor Shih March 25th,2010
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