Tag Archives: Economy of the People’s Republic of China

China’s International Payments System Ready to Go / Sputnik International

http://sputniknews.com/asia/20150309/1019252311.html The launch of the China International Payment System (CIPS) will open the way for the yuan to go international and increase its global usage by cutting transaction costs and processing times. “The CIPS is ready now and China has selected 20 banks to do … Continue reading

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What the BRICS Plus Germany Are Really Up to, by Pepe Escobar

Pepe Escobar is the roving correspondent for Asia Times/Hong Kong, an analyst for RT and TomDispatch, and a frequent contributor to websites and radio shows ranging from the US to East Asia. Published time: February 27, 2015 15:52 Reuters / … Continue reading

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RT: Chinese and West to ‘invest heavily’ in Russia, despite challenges – Gaidar Forum

Published time: January 15, 2015 15:44 The risky Russian market is driving out many, but the investors ready to tough it out believe they’ll reap big benefits, as the downturn is cyclical. RT spoke with several participants at this year’s … Continue reading

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RT: Era of record foreign reserve stockpile in China over – economists

Published time: January 12, 2015 11:50 AFP Photo/Ernesto Benavides Foreign currency reserves in China have reached a ceiling of $4 trillion, and won’t rise above this threshold in 2015, according to the majority of economists in a Bloomberg survey. 11 … Continue reading

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China’s economy 12.3% of world total in 2013

BRICSPost September 29, 2014, 5:16 am The Chinese economy comprised about 12.3 per cent of the world total in 2013, according to the National Bureau of Statistics (NBS) on Sunday. China’s GDP was 56.9 trillion yuan ($9.32 trillion) in 2013. … Continue reading

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Japan is not broke – by Ellen Brown, September 11, 2012

Source: Asia Times Japan’s massive government debt conceals massive benefits for the Japanese people, with lessons for the US debt “crisis”. In an April 2012 article in Forbes titled “If Japan Is Broke, How Is It Bailing Out Europe?”, Eamonn … Continue reading

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China’s economic growth slows to three-year low of 8.1pc

China’s economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would … Continue reading

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