Chinese Economy

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Are We Wrong About China's Economy?

China is again faced with the pre-crisis problems that were all the rage. First, how does it, and the rest of the world, cope with the demands of the 40 million odd new entrants to its middle class every year? And what if these really become a Western-style consumer class? Third, how does China sustainably manage its growth?
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Surprise of the Year: Hope Restored?

Pessimism is a hallmark of the post-crisis period, and it was with us for so long, we almost didn't notice. Confidence -- its polar opposite -- is one of those necessities that we take for granted. That is, until they are taken away. Without confidence, at best we cower in the shadows, coming out to carry on basic activities, and scurrying back for shelter. At worst, it causes the collapse of financial systems and the distribution of goods and services -- in a word, chaos. But this year, we regained something: hope.
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Are the BRICS' Economies Slowing Permanently?

How the mighty are falling. Resilience was a word used liberally to boast of the BRICS countries' staying power in the post-crisis period. Many even ascribed global-growth-engine status to these rising powerhouses. But 2013 has been a second tough year for the August group, even as OECD nations are steadily returning to growth.
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...
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...
Ann Woo

Made in China? More like Destroyed by China

Not only should China be banned from construction or bidding, but Investment Canada should ban Chinese companies from buying resource companies, or related assets. They low-ball to get contracts, then use shoddy materials, and have no respect for the rule of the law in Canada.