[Abstract] At present, asset price has developed a certain bubble, which is caused by the composite force of domestic and international environment. The asset price bubble is still acceptable presently, and it has positive
[Abstract] Currently the economic downward trend has been contained effectively, and macro economy has stabilized and turned upward. But the groundwork for economy recovery is still very fragile. To achieve sustainable
[Abstract] Recently CHALCO ended up in total failure in its investment in Rio Tinto, in contrast, Australian OZ approved the acquisition application from China Minmetals soon after. What are the reasons for the different results?
[Abstract] Based on past experience, China's PPI of industrial products and RMPI of raw material, fuel, energy are heavily affected by international factors, among which are US money supply and USD exchange rate.
[Abstract] Since Q4 2008, China has encountered a deviation situation that positive growth in industrial added value and negative growth in industrial power consumption. International Energy Agency doubts China has
[Abstract] Financing difficulty for SMEs has become a major hindrance in adjusting China economic structure. This article brings forward the idea: government strategy shall be led by capital system, and the direct
[Abstract] RMB globalization may get inspired from two most important cases in currency history like DEM and JPY: firstly trade volume is the foundation for a national currency’s globalization; secondly,
[Abstract] To meet the target of 8% in its GDP for 2009; China needs to have a 8.5% growth rate for the last three quarters and its export must have positive growth. Given that the world economy has not
[Abstract] Whether China economy can ride out the hardship depends on, to some extents, whether China export can get out of difficulty. We should aggressively expand overseas investment and create export
[Abstract] The export drops dramatically for the year, with 20.5% from Jan to Apr. US needs more time for economic recovery, import demand from developed countries remains stagnant, China’s overall export is
[Abstract] Recently the economics circle has a debate on whether China has deflation with its economy, the core of debate lies in the criteria for determining deflation. Supporters believe deflation refers to the continuous
[Abstract] As US economy is in recession, many scholars analyze the prospect of US economy from different angles. Currently there are three views: V shape, U shape and L shape. The said researches are mostly
[Abstract] By taking advantage of the institutional defect of the international financial system, the U.S. has gained huge amount of seigniorage, and it now may turn to a weak dollar policy. Therefore, we need to reform the dollar-based international monetary system, while promoting RMB internationalization. It will be difficult to reform the international monetary system in the short term, however, the RMB internationalization can be implemented step by step. In fact, the RMB internationalization has already started. In the short term, RMB internationalization can be implemented on a peripheral, regional and bilateral basis, its range can then be expanded to trans-regional and multi-lateral. In the middle term, we should aim at the internationalization of RMB, meanwhile, the international monetary system should take the approach of “Improve the system first, reform later.” In the long term, we should make RMB one of the international base currencies to provide the world with lasting liquidity.
[Abstract] 2009 has gone by one quarter, the state statistic authority has released the economic performance for the first quarter, from which we conclude that China economy is riding out the most difficult time in general,
[Abstract] After taking advantage of the systematic defect of International Monetary System to earn a large amount of free “Seigniorage”, US may turn around to adopt a weak US Dollar policy. Therefore China should,
[Abstract] the core of US’s green policy is the transformation of energy strategy. The development of energy industry will bring new economic booster for US, and will help set the pace in the international competition
[Abstract] as the world economic crisis keeps spreading, whether China’s foreign trade can ride out the difficulty will to some extent determine whether a country can pull its economy out of its present predicament.
[Abstract] As US financial crisis keeps spreading, and the world economy gradually slows down, we should give full play to the fiscal policy’s driving and magnifying economy effect, improve household consumption,
Address: No.5, Yong Ding Men Nei Street, Xicheng District, Beijing, China 100050 Fax: (8610) 8336 2199
If you have any questions or comments, please do not hesitate to contact us via the fax number provided.