Central Banking Deflowered
After the European Central Bank announced on May 9 that it would buy the government bonds of Mediterranean countries experiencing severe fiscal strains, critics complained that the Bank had "lost its virginity."
China Needs a Service-Sector Revolution
It will have to move away from a strategy in which manufactures are the engine of growth toward the model of a more mature economy, in which employment is increasingly concentrated in the service sector.
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.
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.
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.
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.
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