China’s Booming Stockmarket — The Bubble Question
on April 14, 2015
Whereas China’s growth has drifted steadily lower, its share indices have doubled in value.
Whereas China’s growth has drifted steadily lower, its share indices have doubled in value.
Warm, sunny Kunming brimmed with charm before Communist Party leader Qiu He brought an autocratic style of governance to town and spurred the urbanization campaign that preceded his downfall.
Today, this historic city in southwestern China is a concrete jungle where, according to former Yunnan province Party Secretary Qin Guangrong, Qiu's bad leadership can be blamed for the loss of much of Kunming's cultural identity.
The Department of Commerce emphasized Obama's commitment to fighting climate change through clean energy development.
Speaking at Asia Society New York on April 13 with New Yorker correspondent Evan Osnos, former U.S. Treasury Secretary Henry Paulson explained that it’s impossible to predict the timing or magnitude of a financial crisis, but any country with government, banks, and capital markets—regardless of its political or economic system—will have flawed policies. “Flawed policies will lead to excesses, and they’ll lead to financial crisis,” Paulson said. “That’s a certainty.”
LeTV launched its Internet video streaming service three years before Netflix (2004 versus 2007).
On the afternoon of April 12, Hillary Clinton announced her long-expected decision to run for president in 2016. Within hours, Chinese news sites shared the announcement on Weibo, China’s most popular micro-blogging platform, provoking thousands of comments from Chinese netizens. Most of the popular comments were nasty.
The move is designed to assuage Hong Kongers angry with mainlanders who buy up goods.
Police released five female activists detained after campaigning against sexual harassment on public transport.
China and the U.S. are boosting cooperation in sending home crime suspects amid a Chinese drive to ferret out corrupt officials and fugitives.
Paulson says the United States needs a clear-eyed, coordinated, consistent approach to the formidable challenge from China.