China Economy

CP

Get High-Speed Rail Policy On Tracks

Clearly the Government of Canada doesn't have an HSR policy, but surely it's time it did the minimum? A basic and badly-needed step would be to lay the policy and political tracks for a future ''blue sky'' proposal regarding high-speed rail.

Global Economic Projections

The world economy has been going through rapid changes for the last few decades. The emerging economies, led by China, have grown at a rapid pace. This rapid growth has led to restructuring of the wor...
Shutterstock

Is North America Ready for the Ring, or the Gym?

The Obama administration, the Harper government and the Peña Nieto administration in Mexico all hope to boost economic growth and create jobs by opening up global markets and letting the best North American firms and workers compete. Before stepping into the ring with the world's heavyweight economies, North America needs to listen to Muhammad Ali.
Melissa Laforge via Getty Images

Why We Should Admire Justin Trudeau's Answer Instead of Mocking It

My views of China are too conflicted for me to name it as the country I most admire. However, I remain grateful that Justin Trudeau had the intellectual courage to encourage Canadians to learn from China. If we want healthy political discourse in our country, we must listen and learn when politicians answer questions with responses that are honest rather than poll tested. If our politicians are not willing to study and learn from China, Canada is not benefiting from the political leadership we need.

Is China Slowing Down for Good?

Sino-slowing is among the top topics on the summer chat circuit. It's a small wonder; current trends seem to break with a stunning 30-year winning streak that has set a lot of modern-day records, and...
Getty

Will Canada Take Advantage of the Chinese Effect?

As prosperity spreads and its economy grows there's another 600 million people in China striving to reach middle class status. While this undoubtedly creates challenges for Chinese policy makers, it represents a tremendous economic opportunity for North America, a highly favored destination for Chinese investors.
Alamy

Flagging Economy

BEIJING, China - China's leaders face new pressure to stimulate a slowing economy after growth fell to its lowest since 1991, hurt by weak trade and efforts to cool a credit boom.The world's second-la...
CP

TSX Plunges

TORONTO - The Toronto stock market piled on more losses Monday as traders continued to sell off risky assets like equities and commodities amid signs that the U.S. Federal Reserve is getting ready to...
Getty Images

Are Dams Triggering China's Earthquakes?

The Chinese government would like to believe that both earthquakes were the result of the natural movement of the earth's crust -- an "Act of God." But, mounting scientific evidence suggests that the Wenchuan earthquake was more likely a man-made disaster, triggered by the nearby Zipingpu hydro power dam.

Undertakings Essential to Assessing CNOOC-Nexen Deal

Contrary to what you might have heard, it's impossible to judge the CNOOC-Nexen affair until the public receives some clarity regarding the list of undertakings that CNOOC has promised the federal government. And when those undertakings are made public, it's going to be pretty interesting to see what kind of measures the government required of CNOOC, a Chinese state-owned enterprise, in order to create a net benefit for Canada.
Shutterstock

Does the Loonie Trump the Greenback Yet?

Mention exchange rates and most Canadians will immediately assume U.S. dollars. With most of our trade still denominated in USD, the fixation is natural. China is seen by many as an upcoming reserve currency, but that day is still a long way off. On both Canadian and world stages, the greenback still takes the lead role. But as we move into the next growth cycle, others will play increasingly significant supporting roles.
Flickr: bruce_bruce948

How Will Asia Make its Comeback

Weakness in the developing world has had an ugly recent effect: vibrant Asian economies wilted over the summer months, and now face a less certain path in the months ahead. Vaunted as a key engine of the world economy, Asian economic powerhouses are now contributing to the pervasive sense of global gloom. Will Asia self-start, or will re-ignition require a boost from another battery?
Alamy

China Sits Comfortably Behind the Steering Wheel

We had some not so friendly news hit the wires this week regarding China. The world's largest consumer of things from the ground and largest sibling in the Asian region recorded slower-than-expected GDP growth for the second quarter: 7.6 per cent. This is the sixth straight quarter in which growth has decelerated and represents a half a per cent decline from the growth seen in Q1.
AP

China Hits The Panic Button

BEIJING, China - China cut its benchmark lending rate Thursday for the first time in nearly four years, adding to efforts to reverse a sharp economic downturn.The interest rate on a one-year loan will...