POLITICAL ECONOMY - SINO DAILY

China's Wen vows to boost growth, defends legacy

Sep 11, 2012 (AFP)

Chinese Premier Wen Jiabao hinted Tuesday at new stimulus measures to boost flagging growth, while vigorously defending his decade in charge of the world's seco...

Global IT spending set to grow 6 pct in 2012: survey

Sep 10, 2012 (AFP)

Worldwide spending on information technology is expected to grow six percent this year in constant currency, a slight dip from 2011, a research firm said Monday...

Walker's World: Can Draghi's plan succeed?

Sep 10, 2012 (UPI)

Despite the market euphoria and the tumbling of debt yields in Spain and Italy, there are three reasons to fear that the euro crisis is far from over. The first...

Japan cuts quarterly economic growth figures

Sep 10, 2012 (AFP)

Japan on Monday revised down its quarterly growth figures, reigniting fears that the world's third-largest economy was stumbling amid turmoil in Europe and a sl...

China slowdown fears deepen as output weakens

Sep 09, 2012 (AFP)

China's industrial output weakened in August to its lowest level in more than three years, official data showed Sunday, in the latest sign of a deepening slowdo...

Fires dim on Chinese art market

Sep 07, 2012 (AFP)

A year ago, China was the sensation of the international art market, but as New York auction houses prepare next week's autumn sales of Asian works, the Chinese...

Outside View: Jobs outlook grim

Sep 06, 2012 (UPI)

Forecasters expect the U.S. Labor Department to report Friday the U.S. economy added 125,000 jobs in August -- a monthly pace far too slow to return the nation ...

EU businesses urge China's new leaders to speed reforms

Sep 06, 2012 (AFP)

China's upcoming political changes represent a breakthrough chance to boost its economy by accelerating reforms and fostering innovation, a European business gr...

Brazilian businesses should follow China: delegates

Sep 04, 2012 (AFP)

Brazil should learn from China's economic prowess if it is to help its companies halt their faltering industrial competitiveness, delegates at a top-level busin...

Walker's World: Three bad signs

Sep 04, 2012 (UPI)

There have been three striking developments in different parts of the world in recent days, each of them with sobering implications for the global economy. Take...

China leads gloom for Asia manufacturing

Sep 03, 2012 (AFP)

Manufacturing in Asia further weakened last month, data showed Monday, with activity in China hitting a more than three year low, as leaders faced calls for act...

China's manufacturing slumps in August

Sep 01, 2012 (AFP)

China's manufacturing activity slumped in August to a nine-month low, official figures showed Saturday, in the latest sign of serious weakness in the world's se...

Top businessman says impossible to sell 'India story'

Sep 01, 2012 (AFP)

One of India's top businessmen has slammed the government over its economic policies, saying it is no longer possible to sell the "India story". Companies have ...

Walker's World: The Ides of September

Aug 27, 2012 (UPI)

Beware the ides of September, which promises to be a critical month for the future of Europe and the euro. The key date is Sept. 13, by which the results of bot...

Hong Kong apartment fetches record $61 million

Aug 24, 2012 (AFP)

A luxury apartment in Hong Kong has sold for a record HK$470 million ($61 million), making it the priciest condominium in the Chinese city and possibly in Asia,...

EU ponders how to hold off on Greek pleas

Aug 24, 2012 (UPI)

Eurozone leaders had consultations Friday on how best to hold off Greek pleas for more time to implement reforms that are tied to Athens continuing to receive c...

China manufacturing hits nine-month low: HSBC

Aug 23, 2012 (AFP)

China's manufacturing activity fell to a nine-month low in August as firms struggled with global woes, providing further impetus for Beijing to beef up economic...

Japan trade deficit shows world economy 'serious'

Aug 22, 2012 (AFP)

Sagging export markets in Europe and Asia left Japan with a much worse-than-expected trade deficit, figures showed Wednesday, ringing alarm bells over the parlo...

Hong Kong sets date for yuan futures trading

Aug 22, 2012 (AFP)

The operator of the Hong Kong stock exchange said Wednesday that it plans to offer trading in Chinese currency futures from the middle of next month. Hong Kong ...

Japan's Sharp may sell China, Mexico plants: reports

Aug 21, 2012 (AFP)

Japan's embattled Sharp is considering selling television assembly plants in China and Mexico and shedding 3,000 jobs, boosting the number of planned payroll cu...