CIC Swims Against the Tide
CIC's move is surprising because it stands in stark contrast to the actions of other sovereign wealth funds, and to those of other Chinese firms making investments abroad.
The "New" Equilibrium from the U.S.-China S&ED
The U.S. delegation stressed to the Chinese that there has been a fundamental change in the U.S. economy. The recovery will be different this time from what the Chinese have seen in the past.
Does the Rich-Poor Gap in the US Cause the Crisis
To uphold the living conditions and consumption power of low income people, demand has had to be created in the form of liability, which has finally led to the current financial crisis.
China's Monetary Policy Debate: Adjust for Inflation or Carry on the Stimulus?
Historical experience and an understanding of China's decision-making mechanism suggest that voices of technical decision makers may go unheard. In fact, judging from the continuity of crisis bailout and the forming mechanism of investment and credit, currency supply and liquidity are unlikely to see any change.
Duoyuan Global Water's Shares Explode in the U.S.
The water stimulus program is expected to last 3 years.
Land Prices High? Ask Local Governments Why
In the first 10 days of July, land transference fees in Beijing totaled about 8 billion yuan, and the government netted nearly 5 billion yuan, accounting for 62% of the total and 500 million yuan a day on average.
"Cash for Clunkers" Puts US Car Market Back Up Over China's to No.1
The "Cash for Clunkers" plan, launched by the Obama administration at the end of July, was originally funded with $1 billion, and ran through that in a week. Another $2 billion was added to keep it running until its planned expiration on November 1, but there is a move in Congress to extend it even further.
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