Posts Tagged ‘China’s economy’
China’s Milestone
Wednesday, February 9, 2011 18:05 No CommentsAccording to Lafferty Group’s World Cards Intelligence research service, it s revealed that China’s credit card industry recorded its first pre-tax profit in 2010.
The $251 million profit represents a milestone as banks finally start to see a return on the enormous investment pumped into the market over the past ten years. It is predicted that [...]
IMF Chief Tells Coalition to Hold Firm over Deficit
Friday, January 28, 2011 23:56 No CommentsThe IMF’s deputy managing director indicated that the Government should stay the course in its efforts to reduce the deficit, even after the surprise slide in fouth quarter GDP.
While the outlook in developed econmies is still clouded by growth concerns, worries in emerging markets centre on economies overheating. It is said that authorities in some [...]
Fast Boat to China
Sunday, November 8, 2009 9:38 No CommentsIt is important to overstate how important Sino-US relations are going to be to the development of the world over the next 25 years. Clearly it is true at the geopolitical level. But the relationship will also affect the fate of the dollar, the US Treasury market, commodity prices and global equidities in profound ways.
In [...]
