Re-establishing global economic cooperation

2011-10-15 07:27:08

The contagion fears of the European debt crisis have kept the euro close to a nine-month low against the US dollar, despite the fact that Europe's finance ministers met in Luxembourg on Oct 4, and agreed to shore up eurozone banks being shut out of the markets and relying on the European Central Bank (ECB) for liquidity.

Tightening grip on inflation

2011-10-15 07:27:08

The current easing of headline inflation indicates that rising prices may not be entrenched in the still-robust Chinese economy. Yet the dip in inflation is too shallow and too short to justify optimism about the country's fight against soaring consumer prices.

US still plundering global wealth

2011-10-14 07:56:31

The passage by the US Senate of a bill aimed at pressuring China into appreciating the value of the yuan, at a time when the world's largest economy still faces a gloomy prospect of recovery, highlights the efforts of the United States to use the issue of the yuan's exchange rate to shift outward the US' domestic crises and problems.

Go beyond food safety tests

2011-10-14 07:56:31

The Ministry of Health's answer to our need for safeguards against recycled cooking oils still leaves us concerned.

US crisis provides growth opportunity

2011-10-14 08:54:58

ICBC had just been issued a banking license in New York for its first operational entity in North America.

High price of informal financing

2011-10-13 08:02:42

The coal-rich city of Erdos in the Inner Mongolia autonomous region is bathing in the revelry of private borrowing at present.

China bashing won't save US

2011-10-13 08:02:42

Is China's currency and trade performance a threat to the United States?

Tax for green growth

2011-10-12 08:02:25

The faster-than-expected transition of the resource tax from a regional program to a national practice next month is more than welcome.

Russia is open to cooperation

2011-10-12 08:02:25

The world is undergoing profound changes and shocks, which must be considered seriously.

Countries look to boost development

2011-10-12 08:02:25

The timing of the first China-India Strategic Economic Dialogue held in Beijing on Sept 26 and 27 was significant for several reasons.

Opportunity knocks for EU and China

2011-10-11 08:06:28

Growing Chinese investments in Europe including the purchases of peripheral eurozone bonds contribute to sustaining the value of the euro.

Currency act shortsighted

2011-10-12 08:02:25

Increasing pressure on renminbi to appreciate will not help US solve its economic problems in the long run.