The emergence of China as an economic superpower |
Economic Forecast Archives
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Feb20
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Dec 6
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China will tighten monetary policy significantly next year, confirming speculation about the outcome of yesterday's top-level meeting. The central bank and the National Development and Reform Commission will review its 2008 monetary policy to "tight," a tougher stance than the previous "stable-to-tight"...
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Oct13
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“To surpass Britain and catch up with the U.S.” This has been China’s dream for 50 years. According to recent World Bank Statistics, China’s GDP reached US$2.26 trillion, a little higher than Britain, becoming the fourth largest economy in the...
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Oct 2
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Last week, the well-known U.S. - based Michigan Consulting Group released a survey showing that the consumer confidence index in the United States was 82.0 while China’s stood at 106.9. The high consumer confidence, in general, indicated that consumers likely...
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Sep19
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To the whole world, the low–cost imports from China have helped keeping the inflation rates in check for many years. Without that, inflation and interest rates would have been significantly higher. According to the Bureau of Labor Statistics, U.S. import...
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Sep18
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The falling gasoline prices have become a hot topic this week; most of the people seem to agree that the market supply and demand theory cannot explain the ups and downs of the gasoline price. There must be something else,...
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