The U.S. dollar has been the world’s de facto reserve currency for almost 90 years.
But this financial dominance may be nearing its end.
The U.S. dollar has been the world’s de facto reserve currency for almost 90 years.
But this financial dominance may be nearing its end.
In 1979, China implemented a one-child policy in an effort to alleviate social, economic, and environmental problems in the country.
Government officials indicate that the policy prevented over 250 million births between 1980 and 2000, and 400 million births between 1979 and 2011.
So, you’ve been consuming large servings of China’s “credit crunch” in your morning news lately…but do you know the ingredients hiding inside your breakfast?
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And the United States might pull out of its present funk as it did in a sudden twice during the past century: in the first years of World War II, and during the first Ronald Reagan administration.
For the past two decades, the United States wasted th…
Independent Economist Andy Xie has been a China bear for some years now, so long that as if there is no one who wants to listen to him again. Well, at least I will still first read about what he said before dismissing him.
In the Lujiazui forum,…
Previously was discussed that Chinese economy depends mostly on real estate and infrastructure development for its 10% GDP growth, while the export cannot growth that fast. The real estate shows all signs of a major bubble, however more research is nee…