China Economy

How Canada Becoming an RMB Hub Helps Our Companies

Peter Hall | Posted 03.19.2015 | Canada Business
Peter Hall

On Monday the renminbi (RMB -- Chinese currency) will step into Canada with the inauguration of the only RMB hub in the Americas. We know in Canada it will be greeted with fanfare, but what is less certain is whether or not Canadian exporters and international investors will take action once the celebration ends. Should they?

China's Economy Hits 24-Year Low

CP | Elaine Kurtenbach, The Associated Press | Posted 03.22.2015 | Canada Business

TOKYO - The International Monetary Fund lowered its forecasts for global growth over the next two years, warning Tuesday that weakness in most major e...

Why We Shouldn't Categorize an Economy Based on GDP Alone

Salman Sakir | Posted 11.12.2014 | Canada
Salman Sakir

The absolute size of an economy does not portray the complete picture of a country. When a country has a large gross domestic product, it does not necessarily mean that its residents are rich. The country may have a significantly large population which will lead to low per capita income.

Get High-Speed Rail Policy On Tracks

Joseph Soares | Posted 09.08.2014 | Canada Politics
Joseph Soares

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

Salman Sakir | Posted 07.16.2014 | Canada Business
Salman Sakir

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. Thi...

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

Christopher Sands | Posted 02.05.2014 | Canada Business
Christopher Sands

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.

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

Blake Bromley | Posted 01.23.2014 | Canada Politics
Blake Bromley

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.

What Does the APEC-CEO Summit Reveal About Canada's Trade and Investment Future?

Peter Hall | Posted 01.23.2014 | Canada Business
Peter Hall

Nearly every speaker made reference to the disappointing global growth of recent years, and the recent slowing of Emerging Asia. Nonetheless, all took comfort in the observation that growth will be faster in the Asia-Pacific region than anywhere else on the planet. The contagion of Western pessimism seems to have stopped at Asia's door.

Is China Slowing Down for Good?

Peter Hall | Posted 09.30.2013 | Canada Business
Peter Hall

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 str...

Will Canada Take Advantage of the Chinese Effect?

Daniel D. Veniez | Posted 09.21.2013 | Canada
Daniel D. Veniez

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.

Flagging Economy

CP | Joe McDonald, The Associated Press | Posted 09.13.2013 | Canada Business

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 e...

TSX Plunges

CP | Malcolm Morrison, The Canadian Press | Posted 08.24.2013 | Canada Business

TORONTO - The Toronto stock market piled on more losses Monday as traders continued to sell off risky assets like equities and commodities amid signs ...

Are Dams Triggering China's Earthquakes?

Patricia Adams | Posted 06.29.2013 | Canada
Patricia Adams

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

Glenford Jameson | Posted 02.10.2013 | Canada
Glenford Jameson

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.

Does the Loonie Trump the Greenback Yet?

Peter Hall | Posted 01.23.2013 | Canada Business
Peter Hall

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.

How Will Asia Make its Comeback

Peter Hall | Posted 12.29.2012 | Canada Business
Peter Hall

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?

World's Richest Country 40 Years From Now Will Be..

The Huffington Post Canada | Daniel Tencer | Posted 11.06.2012 | Canada Business

Economists often can’t agree on where the economy will be headed next week, let alone where it will be 38 years from now, so predictions about the s...

China Sits Comfortably Behind the Steering Wheel

Andrew Pyle | Posted 09.12.2012 | Canada Business
Andrew Pyle

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.

China Hits The Panic Button

CP | Joe McDonald, The Associated Press | Posted 08.07.2012 | Canada Business

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 ...

Are These Skyscrapers A Sign Of Global Collapse?

CP | Erika Kinetz, The Associated Press | Posted 03.12.2012 | Canada Business

MUMBAI, India - A skyscraper building boom in China and India may be a sign of an impending economic correction in two of Asia's largest economies, ac...

China's Outward Investment Is Our Future

Simon Zadek | Posted 12.18.2011 | Canada
Simon Zadek

The annual Chinese-hosted World Economic Forum Summer Davos, took place recently in a rainy Dalian, which is recovering from citizen demonstrations li...

China Invests in African Expansion... And the West Loses Out

Glen Pearson | Posted 12.04.2011 | Canada
Glen Pearson

Should the West continue to ignore the overall needs of Africa's continental economy, then it shouldn't be surprised when it finally decides on long-term investments for natural resources that China has already set up shop and captured most of the contracts.

Chinese Economy's Apparent Slowdown Spooks Markets

CP | Elaine Kurtenbach, The Associated Press | Posted 11.22.2011 | Canada Business

SHANGHAI - Signs that the powerhouse Chinese economy is slowing have spooked global markets and sharpened fears that the world economy will not escape...

The Yangtze Runs Dry

Patricia Adams | Posted 10.18.2011 | Canada
Patricia Adams

The unchecked development of hydropower resources is like "draining the pond to catch the fish" experts warn, resulting in a water crisis in rivers and valleys on the one hand and a large waste of financial resources through the construction of crippled water projects on the other.

Forget Fake Goods: Entire Fake Stores Pop Up In China

The Canadian Press | Posted 09.20.2011 | Canada Business

THE CANADIAN PRESS -- BEIJING, China - At first, it looks like a sleek Apple store. Sales assistants in blue T-shirts with the company's logo chat to ...