China allocates $73b central investment for stimulus plan China Daily | China has channeled 497.9 billion yuan ($72.9 billion) of central investment by September for the stimulus package to shore up the economy, a senior official has said. | The figure accounted for 42.2 percent of the total amount of 1.18 trillion yuan central budget earmarked to boost the recovery, ...
China may allow yuan rise gradually-M'Stanley Roach The Guardian SINGAPORE, Nov 14 (Reuters) - China may let its yuan currency rise gradually once the economic recovery becomes sustainable, Morgan Stanley's Asia chairman Stephen Roach said on Saturday. "As the recovery becomes more sustainable they might go back to an incremental type of currency appreciation but...
China allocates $73b central investment for stimulus plan China Daily | China has channeled 497.9 billion yuan ($72.9 billion) of central investment by September for the stimulus package to shore up the economy, a senior official has said. | The figure accounted for 42.2 percent of the total amount of 1.18 trillion yua...
China may allow yuan rise gradually-M'Stanley Roach The Guardian SINGAPORE, Nov 14 (Reuters) - China may let its yuan currency rise gradually once the economic recovery becomes sustainable, Morgan Stanley's Asia chairman Stephen Roach said on Saturday. "As the recovery becomes more sustainable they might go back t...
The Reluctant Superpower Wall Street Journal By ANDREW BROWNE | Beijing | The wooden treasure ships commanded by Admiral Cheng-ho, a Chinese Ming dynasty eunuch, were among the largest vessels ever built, nautical monsters that by some accounts carried nine masts. | Bigger by far than the ships...
Premier Seeks His Mandate in Malaysia Wall Street Journal By PATRICK BARTA | SINGAPORE -- The pace of social and economic reform in Malaysia is likely to slow over the coming months but the country remains committed to opening its heavily regulated economy to more competition in the long term, Prime Ministe...
Waiting for Obama The New York Times | PARIS - Who would have thought a year ago that most of the issues of conflict in America's foreign relations would be made worse during the first year following Barack Obama's election as U.S. president? Even those disputes or differences that were...
New curves, good value drive Hyundai's China sales The Guardian (Adds Jacqueline Wong to byline) By Fang Yan and Jacqueline Wong SHANGHAI, Nov 13 (Reuters) - China is falling in love with Hyundai Motor. The South Korean company has accelerated to become the maker of the top selling foreign car brand in the world'...
AP / Frank Franklin II
China's Hu warns on protectionism; avoids yuan issue The Guardian * Urges conclusion to Doha round * Says recovery "faces many uncertainties" * Countries must coordinate stimulus exit - S'pore PM * Consumer confidence key to recovery - Zoellick (...
Surge in the price of oil is a fresh threat to recovery The Independent | Another spike in oil prices could "derail" the world's still-fragile economic recovery, the International Energy Agency warned yesterday. | In its latest review of the oil market...
'Asia leading world back to recovery' The Times Of India US treasury secretary Timothy Geithner said there are “early signs” that the world is addressing imbalances in spending and saving that contributed to the global crisis. Asia i...
China trade surplus shadows Obama visit Asia Times | By Olivia Chung | HONG KONG - China's surging trade surplus, with the increase last month almost double the September figure, makes it impossible that trade issues will not be a key topic when United States President Barack Obama makes his first vi...
China signal it may let currency rise could aid US The Examiner Comments WASHINGTON (Map, News) - The dollar edged up in trading against other currencies Thursday as the Chinese government appeared to signal that it may be willing to let the value of its currency rise. | The United States and other countries woul...
China's economic performance amid global downturn affirmed China Daily | BEIJING: China's robust government finances and adequate institutional strength had contributed to its strong recovery from the global downturn, according to a senior official of Moody's Investors Service, a world leading ratings agency. | Tom Byrn...
APEC leaders warn of protectionism Khaleej Times SINGAPORE - Singling out the United States for trends 'going in the opposite sense of free trade' Mexican President Felipe Calderon said on Saturday trade protectionism is a major threat to the global economic recovery. | Many countries were moving toward protectionism in practice even as they gave lip service to free trade in principle, Calderon s...
Inflation a risk to recovery: World Bank Indian Express | Asian economies must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilising inflation, World Bank President Robert Zoellick said. | The US and European economies, which are barely starting to recover from the global meltdown, are less at risk, but in Asia the massive liquidity flowing into re...
