March 7, 2012
Economic experts continue to disagree regarding the state of the Chinese economy. Arvind Subramanian's newest book, Eclipse, argues that if China grows at the same rate as other countries in the past and if China's foregin trade increases at rates theorized for a country of its size, China will beceom the world's largest economy and its currency will become an international reserve currency...
March 6, 2012
This week brought mixed economic news. While automotive stocks continue their three month rising streak, oil prices have fallen after a seven day surge. These prices are also sparked concerns about the global economy and it’s recovery. However, China is finally seeing a real estate rebound as new home sales in Shanghai increased last week by 68 percent. And, a strong demand for jewelry from...
March 5, 2012
The following information is reprinted with permission from Asia Policy Point. For more information about these and other events in Sino-American policy, see their blog.
March 3, 2012
The iPad trademark with Apple Inc. continues to deepen as the fight rolls over into the U.S. court room. Proview Electronics Co. is still claiming they first trademarked the “iPad,” and continues and will continue to fight for their trademark rights. Meanwhile, President Barack Obama has unveiled his plans for the U.S. Export-Import as his latest election-year effort to counter China's trade...
March 2, 2012
This week the question has been when will China emerge from the global crisis? According to the World Bank, China must implement broach political and economic reforms to maintain its current growth. Some experts consider this report a "bitter pill" to swallow. Other experts go further, stating that more economic change is needed, and yet unlikely, in the coming years particularly with...
March 1, 2012
As China’s stocks are rising for several days in a row, property developers are challenged with real-estate restrictions, and lower oil prices in the auto industry. Although, the European government has reached an agreement on a Greek aid package, Chinese government will adopt more measures to ease a credit crunch. Meanwhile, according to HSBC Holdings Plc China will overtake the U.S. as the...
February 29, 2012
Chinese Vice-President Xi Jinping concluded his recent trip to the U.S. Jinping met with leaders of the U.S. Congress, including House Speaker John Boehner, Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell. He told the lawmakers that his visit was aimed at further "implementing the important consensuses reached by the two countries' presidents and communicating...