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Economy the Focus as Chinese Legislatures Convene

New York Times Original article ›

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The U.S., China, and 'Rebalancing' the World Economy

01/07/2010

'Rebalancing' is the idea that China will consumer more US goods and export less to the US, reducing the lopsided trade imbalance between the two countries. China's government continues its focus on exports and infrastructure in 2009-2011. China's banking system focusses on lending to state-owned companies and the system does not have the attitude, incentives or the mechanisms and experience to increase lending to consumers or small business. Experts say rebalancing is doubtful without serious changes in the banking system and government policy which are not likely.

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China Is Slow and Unbalanced

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Will China Break?

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Export or die.

Economist 03/31/2010

Fixing a Perception Gap for the Underappreciated G-20

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US-China trade relations: Speak less softly, carry a stick

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Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish

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China- inflation, the currency, and economic mismanagement, the situation in 2010-2012

01/07/2010

Efforts to strengthen the currency are being resisted by export interests. Inflation is hurting consumers who are limited to earning 2.75% interest on savings, with the interest rate spread designed to help banks earn their way through bad loans made during the stimulus lending binge. A massive reallocation of resources away from consumers and towards lending to state-owned companies which create overcapacity in industries and engage in real estate speculation. Far from rebalancing the world economy this will affect internal growth in China.

Grouped Articles

China Is Slow and Unbalanced

Wall Street Journal 07/15/2013

China Inflation Rises to a 19-Month High

New York Times 06/11/2010

Asia's Food for Thought

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An Accord (and Lessons) to Remember

Wall Street Journal 09/21/2010

World Bank Deletes Critical Passage on China

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China Goes to Nixon

New York Times 01/20/2011


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