If you want a clear picture of where global wealth is heading, take a look at the number of millionaire households that have shifted away from the U.S. and toward emerging economies.
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What Chen Guangcheng Means for the Global Economy
Chinese human-rights activist Chen Guangcheng is a brave man who has taken on China’s brutal authoritarian government and suffered personally for it, but beyond winning the hearts of sympathetic admirers around the world, his …
U.S. ‘Very Disappointed’ By China’s New Auto Import Tariffs
U.S. trade officials are “very disappointed” in China’s decision to impose new import tariffs on several U.S. auto manufacturers, including Ford, GM and Chrysler, a spokesperson for the U.S. Trade representative wrote in a …
Gallup: Fewer Americans Have Access to Basic Necessities
Remember when your parents told you to finish the food on your plate because “people in China were starving?” Well, the Chinese might well be saying that about America these days.
What the U.S. Can Learn from Uniqlo
Rich country, rising unemployment, sluggish growth, big debts. Sound familiar? Japan’s notorious “lost decade,” the long stretch of economic stagnation that followed its massive property bubble in the late 1980s, looms large in the American mindset today. A lot of people think we may be headed down the same path.
The parallels between …
Guest Column: Staying Quiet About China is a Dangerous Approach
Zachary Karabell’s June 9 article, “How Can Americans Get China to Do What They Want? For Starters, Shut Up,” promotes a dangerous approach that allows China to freely continue its mercantilist economic policies without …
How Can Americans Get China To Do What They Want? For Starters, Shut Up
As global markets go through another week of selling and anxiousness, a new record was set yesterday: the Chinese yuan – that much maligned, politically charged national currency – hit a record high against the U.S. dollar.
