Has the economic crisis contributed to China’s rise or has it hindered it? And does it bring China closer to the United States? An expert on China-US relations, Professor Jing Men, looks into the matter. The 20th century was that of the United States. Will the 21st century be China’s? China is booming. Since it embarked on its reform…
Twitter lets you follow and join conversations that have never been public before. For entrepreneurs, it’s a promotional tool and an opportunity to learn from the best businessmen through “fortune-cookie-size” missives and other links that can change the way you see business and simply life. But it could also be a gigantic source of information under which…
Consumers need to increase their purchasing power and this requires the certainty that their wages will always be paid. It is not so easy according to economists. What will it take to boost household consumption? After two months of low profits, the ministry announces that in July sales of goods and services (including catering) fell by…
Developed countries continue to play the leading roles in economic competitiveness thanks to better infrastructure, a better education system and developed commercial law. The global financial crisis has resulted in shifting economic power to emerging countries rich in currency reserves such as India and China. But this handover could be short-lived because the West will…
The financial crisis forced Deutsche Bank to renegotiate its takeover of Postbank and allow the state a 3% stake. Deutsche Bank, Germany’s largest commercial bank, has renegotiated its previously planned takeover of retail bank Postbank in the aftermath of the financial crisis, pledging to give the German state a real stake of three percent in…
This example of work available on the net has caused Americans to work hard, but without hesitation, in order to attract the attention of Internet users on websites that are for profit but which do not remunerate them. It’s dawn and here we are in an apartment in Los Angeles overlooking the Hollywood Hills. Laura Sweet,…
Falling stock markets by nearly 65%, falling growth, rising unemployment… Is Beijing trying to get out of the crisis by exporting more? This is a question that has bothered economists the world over: what will happen to China’s economic growth in 2009? While some predict a slowdown in mainland China’s economic expansion to less than…
By studying the steps taken by Tokyo to resolve the financial crisis that has plagued Japan for a decade, Washington could avoid the mistakes it made and develop an even faster recovery plan. Since the start of the US financial crisis in August 2007, politicians have reassured us that the United States is a nation…
Despite more than $1 trillion in federal largesse, US banks’ financial cushions may well not allow them to take the risk of making new loans. At holiday time, the executives of the clothing group American Apparel (APP) would have done better to concentrate on the sales of the leggings and T-shirts marketed in their stores. Instead,…
Economic woes lead to layoffs in some sectors, but this time layoff notices will spread everywhere. When the dot-com and housing bubbles had burst, it had been easy to see what kinds of jobs would disappear. But currently, as worried creditors cower and stop lending, virtually every sector is likely to be hit in the very next…
