[Abstract] US congress is discussing to impose “carbon tariff” on imported goods. Once the policy is executed, countries around the world will form all kinds of trade protectionism, and China’s foreign
[Abstract] At present China’s foreign trade structure remains relatively stable, and the export products still have comparative advantage. The world economy in 2010 and the major world economies are expected
[Abstract] Green manufacturing is key to green economic development mode. To push green manufacturing requires the change of fiscal and taxation concept and the guidance of relevant fiscal and taxation policies.
[Abstract] We should create favorable macro environment and enhance the willingness and confidence of private investment; it will lift the entry barrier of industries to utmost extents so as to create investment
[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.
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