This is an analytical piece about green GDP and environmental protection in China. The author gave several reasons why environmental protection is so difficult in China. Among many reasons, the author found the governmental departments that govern the environment the crux of the problem.
Here’s the link to the article.
—Saiyu ZHOU
After the Irish voters approved the Lisbon treaty by a two-to-one margin, the European Union’s policy makers seem to be optismistic about the Czechs’ final endorsement before the end of this year. But will President Klaus sign? Wait and see. This story is from FT.com. — LU Yueyang
Despite prognoses indicating that the Japanese industry as well as the world’s demand for cars is slowly recovering, Toyota’s president Akio Toyoda in a speech this Friday said that the company was one step away from “capitulation to irrelevance or death”.
Toyota, the national pride and one of the key companies behind the Japanese economic miracle, [...]
See how Robert C. Merton, a Harvard professor who won his Nobel Prize in 1997 by developing new method to value derivatives. He thinks that derivatives, which are taking lots of blames now, are not the cause of the current crisis. He said that instruments are part of the crisis and can’t be the cause [...]
Excess volatility and disorderly movements in exchange rates have adverse implications for economic and financial stability.” To make the condition a little better, G7 welcomed China’s commitment to make the exchange rate of its currency more flexible. To know more, click here–Heng ZHANG
Excuse my nationalism, but this is an interesting video that tells another side of the global recession. It doesn’t just focus on what went wrong, but what – and WHO – went right. — Deirdre Morris
Is a stronger Japanese yen good for its economy? Or is it too strong to drag the already-desperate export sector to hell?
The recent strong movement of yen has casted a spotlight on the monetary stance of the Japanese government. Well… to me, there is no definite answer to these questions and it is really up [...]
As consensus builds for economic recovery, mass anger is building in lock step. Consumer sentiment surveys show that the public does feel better about the economy. Stock and bond markets have been celebrating, in the United States and elsewhere, since March. Public officials have been speaking of the rebound for [...]
This article discusses how 2008 -2009 financial crisis has created an unique opportunity for China to engage and integrate into the world economy. Moreover, it illustrates how China is actually receiving positive impacts on a long term basis. China is gaining its bargaining power and strengthening its foreign relations with other nations for the next [...]