China overtakes Japan to be world's No. 2 economy: US
(Jul 30)
China has overtaken Japan to become the world's second-largest economy after the United States, the country's chief currency regulator said.
US lawmakers urge probe of China Ansteel's deal
(Jul 30)
A group of US legislators has urged President Barack Obama to investigate a plan by a top Chinese steelmaker to invest in an American firm, saying Washington failed to heed an earlier call.
China floods continue as 13 are killed in northeast
(Jul 30)
(ChinaPost.com.tw) - Thirteen people have been killed and another six are missing after floodwaters swept through northeastern China, state media said Thursday, as the country struggles with its worst floods in a decade.
IMF split in debate on yuan exchange rate
(Jul 30)
(BEIJING) The IMF has softened its criticism of China's currency regime in recognition of Beijing's efforts to free up its exchange rate but the move showed a split among the Fund's member countries.
CIC posts 11.7% global returns in '09
(Jul 30)
(BEIJING) China's sovereign wealth fund posted an 11.7 per cent return on its overseas portfolio in 2009, reversing a loss a year earlier, according to the official China Central Television.
SA falls shy of its peers in luring investment - Business Report
(Jul 30)
![]()
SA falls shy of its peers in luring investmentBusiness ReportThis is despite the fact that its overall business environment is good compared with that of a group of upper middle-income emerging economies. ...and more »
China pipeline blast toll rises to 13: state media
(Jul 30)
(ChinaPost.com.tw) - The death toll from a powerful chemical pipeline explosion that rocked a city in eastern China has risen to 13, state-run --inhua news agency reported on Thursday.
Floods kill 29 in China's northeast
(Jul 30)
Source: Agence France-Presse
10 Reasons Why Companies Fail. Localized
(Jul 29)
Over the last month or so, I have spoken to a half dozen or so people leading firms (large and small) who have hit the proverbial wall. Wits are at an end, the bottom line isn’t looking good, and a process of deciding what the “next step” should be in underway. Some, particularly those in [...]
Restructuring China’s finances
(Jul 29)
In its quest to build a low-carbon economy, China is seeking ways to channel cash towards green schemes. Zeng Gang outlines the latest developments.
History teaches us that financial support is an essential ingredient in technological innovation and economic transformation. Finance – be it the funds required to facilitate technological invention or the rewards reaped by that invention – spurs the changes on. Meeting China’s emissions-reduction targets and developing a low-carbon economy will be no different. Recent data indicates that financial institutions are involving themselves in the development of sustainable technology. Meanwhile, the growth of carbon markets has provided some incentive for the development and application of that technology and attracted numerous businesses and financial institutions. This financial innovation is playing an increasingly important role in efforts to build a low-carbon economy.
Broadly speaking, financial innovation in the low-carbon sector is...
