The global economy has been in constant crisis for five years. Muddling through with endless stimulus packages hasn't worked. The logical conclusion should be to try something new.Thursday, 15 November, 2012, 2:35am
Ever since the financial crisis, we have heard a great deal about how the world's economic centre of gravity is shifting.
The United States and Europe are in decline, their economies hamstrung by crippling public debt burdens.
Meanwhile, Asia is rising, propelled by the emergence of China as a trading and financial superpower.14 Nov 2012 - 3:26am 2 comments
The euro-zone crisis has dominated discussions among policymakers over the past few years, but the economic slowdown in Asia's two giants - China and India - has become a source of growing public concern as well. How worried should we be about an additional drag on the global economy?14 Nov 2012 - 3:16am
Tom Cheung Ling-fung, chief executive of Hui Xian Real Estate Investment Trust, was among the first Hong Kong executives to relocate to the mainland in the early 1990s, and he's seen first-hand some of the dramatic changes the economy has undergone in the past two decades.10 Nov 2012 - 5:04am
Laos hosted the 9th Asia-Europe Meeting in its capital, Vientiane, this week, and many will see this as a coming-out party for the Southeast Asian nation, which is about to become the newest member of the World Trade Organisation.8 Nov 2012 - 2:16am
The world’s leading economies pressed the United States and Europe to swiftly resolve their fiscal challenges on Monday, warning that they threaten to harm global growth.6 Nov 2012 - 6:21am
International iron ore prices will at best be steady and likely move lower next year despite a sharp rebound in the past two months, according to industry executives and analysts.6 Nov 2012 - 4:24am
Premier Wen Jiabao called on major economic institutions to come up with a clear and reliable plan to solve the euro-zone debt crisis, while pledging that China will assist in Europe's recovery.
In a speech at the opening ceremony of the Asia-Europe Summit in Vientiane, Laos, yesterday, Wen also urged co-operation between the two sides on the use of water resources and forestry.6 Nov 2012 - 12:07pm
Five years after global equities peaked, valuations in developing countries have tumbled the most even as their economies expanded fastest.5 Nov 2012 - 6:20am
Hong Kong remains the second-best place in the world to do business, pipped again by Singapore, which for the seventh consecutive year topped a global survey of business-friendly economies.
China, the world's second-biggest economy, lagged in 91st place but was the most improved market in the Asia-Pacific region to do business.24 Oct 2012 - 9:31am
Can China and Japan really be contemplating the madness of going to war over who owns a tiny string of uninhabited rocky islets far from anywhere in the East China Sea?24 Oct 2012 - 4:01am
It is hard to know which was more hurtful to the "feelings of the Chinese people": that both candidates in yesterday's US presidential debate took such a combative stance towards China, or that they spent so little time doing it.24 Oct 2012 - 4:01am 4 comments
The US$4 trillion-a-day foreign-exchange market is losing confidence in central banks' abilities to boost a struggling world economy.23 Oct 2012 - 4:26am
They may seem worlds apart but the story of Swiss-made watches and mainland China's insatiable hunger for these quality timepieces tells us something about the world we live in and the future global tourist.21 Oct 2012 - 4:42am
His factory has been robbed, he cannot move around in public without armed guards, and the business climate couldn't be more alien. Yet, Zheng Yongjiang believes that moving some of his production lines to Angola is one of the smartest things he ever did.19 Oct 2012 - 3:33am