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IMF head eyes global currency change
The imperative of greater global currency stability means the world can no longer rely on a currency issued by a single country, the IMF head said.
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Obama plays China card, but who holds the ace?
Although United States President Barack Obama has never set foot there, China cast a long shadow in the Pacific region where he grew up.
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Its bubble burst, Chinese art is down but not out
The Chinese art bubble has burst. Long live Chinese art! Or so seems to be the refrain of artists and galleries in China, where prices are sagging.
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China’s great migration wrenched back by crisis
The biggest migration in human history has gone into reverse. China’s ocean of blue-collar workers are streaming back to the country’s hinterland.
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China quake ruins cleared, but school anger unbowed
The morning before China’s vast earthquake killed Kang Ergui’s son, the father worked as a security guard at the boy’s school.
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China probe finds widespread milk tainting
Nearly 10% of milk samples from three top Chinese dairy companies was tainted with melamine, the government quality watchdog has found.
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China’s Wen vows tough fight against inflation
Chinese Premier Wen Jiabao warned on Wednesday that overheating remains the nation’s top economic foe even as global growth softens, vowing a tough fight against price rises and feverish investment. In his annual State of the Nation report to the Parliament, Wen targeted pollution, misgovernment and the gulf between urban rich and rural poor.
