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News & Updates
January 14, 2014 Fighting China’s Military a Daily Task for US CompaniesSource: Epoch Times
Economic espionage is the dirty underbelly of globalization. Nation-states—particularly China—steal intellectual property from U.S. companies at an extraordinary pace. And they don’t just use computer hacking to do so: insider...
January 10, 2014 New titleholder? China says it is world's largest traderSource: BBC News
China's latest trade figures show it is "very likely" to have overtaken the US as the world's largest trader. It would topple the position that the US has held for much of the last century and cross another milestone in rivalling...
January 9, 2014 Bangladesh election unrest squeezes key garment sectorSource: Reuters
On the outskirts of Dhaka, Babylon Garments has shortened work shifts to eight hours from the usual 10 and plans to shutter production lines as months of election-related violence disrupts transport and prompts global retailers...
January 7, 2014 Two Gauges Point to Slow Economic GrowthSource: NY Times
Two measures of activity in the services sector showed slower growth in December, pointing to an American economy that continues to expand at a modest pace, while factory orders rose in November.
January 6, 2014 European Markets Fall After China Data
RTT News - The Euro îStoxxî 50 index of eurozone bluechip stocks is adding 0.13 percent, while the îStoxxî Europe 50 index, which includes some major U.K. companies, is losing 0.27 percent. The German DAX,...
January 3, 2014 China’s Runaway Train Is Running Out of TrackSource: Bloomberg
A financial drama is unfolding in China as the new year begins. Last week, for the second time in six months, interest rates in the critical interbank lending market spiked above 10 percent, prompting fears of a liquidity crisis...
January 3, 2014 China Says Land the Size of Belgium Too Polluted for FarmingSource: Bloomberg
More than 2 percent of China’s arable land, or an area the size of Belgium, is too polluted to grow crops, the government said, offering new evidence of the environmental cost associated with 30 years of breakneck growth.
January 3, 2014 China's Latest Food Scandal: Fox-Tainted Donkey MeatSource: The Attlantic
As if a nasty bribery scandal in Mexico was not enough to deal with, Walmart is now embroiled in a fox-meat scandal in China. Over the holidays, I watched Fantastic Mr. Fox, and now just can’t help but imagine Walmart CEO Mike...
January 2, 2014 US dollar trades near five-year high against yenSource: Economic Times
SINGAPORE: The US dollar traded near a five-year high against the yen in thin Asian trade Thursday as investors began the new year with renewed optimism about the world's top economy.
December 31, 2013 The Year in EurolandSource: The Wall Street Journal
The euro zone is poised to enter 2014 on a high note, relatively speaking. For several years it has been easier to call the future of the common currency into doubt than predict its success. But in 2013 the euro survived the...
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