The National Bureau of Statistics in China reported second quarter gross domestic product rose 10.3 percent, down from the first quarter’s 11.9 percent rise, and signaling a potential cool down.
Source: The National Portal of India
Three groups of countries are in the race to get out of the global recession: European countries like Greek and Spain are left behind, still fighting with their debt crisis. The United States, Canada and Australia are recovering and moving in the right direction. And emerging economies like India and China [...]
Given all the contention with the Google vs. China war, there’s a lot to be lost: Google can lose an estimated $300 million to $600 million if it pulls out of the country, China’s image can be further tarnished on the human-rights front. At least one company will benefit tremendously from this conflict, and it is the search-engine giant in China: Baidu Inc.
(China has to strengthen its social safety net so that people will become more willing to spend, not save./Xinmin Weekly)
BY MING ZHUANG – MEDILL NEWS SERVICE
With its contribution to global economic output pegged at over 10 percent in 2008, no one could deny that China is a key part [...]
Earlier this week, India unveiled its recent election results which were overwhelmingly in favor of Prime Minister Manmohan Singh. Singh (center) has worked to allow the country’s leading entrepreneurs to build businesses with little interference from government, with the end goal of creating a free market. (http://newkerala.com)
Chinese Commerce Minister Chen Deming (L) with Swiss Economy Minister Doris Leuthard (R). Xinhua News Agency
BY TIAN HUANG - MEDILL NEWS SERVICE
With the global economy slowing down, China, currently the world’s king [...]
BY BENJAMIN MIRASKI, MEDILL NEWS SERVICE
From April to June, I was part of a group that tracked LDK Solar’s stock price [[LDK]] and the reasons for its movements. It wasn’t hard to see why LDK was flying during that time.
Oil prices were on a tear from [...]