Since China embraced market economics in 1978, its average rate of growth has been 9.4%.
Mark Williams, senior China economist at Capital Economics, believes Hong Kong is particularly susceptible to rapidly rising property prices.
China has adopted market economics while Cuba still has a command system with most of the economy under state control.
According to a 36-page academic research report by the Peterson Institute for International Economics, China has moved closer to its long-term goal for its currency, the renminbi (RMB), to become a global reserve currency.
FORBES: China Taking Asia Further From Dollar, Even Further From Euro
First and foremost economics: China already is or will in time become that largest and fastest growing market for a range of Japanese exports, a key production base for its industrial companies, and a source of important imports, from finished goods, to parts, to primary materials and food.
FORBES: More on the Future Japan-China (and Japan--U.S. ) Relationship
My major was economics and trade in China, it had nothing to do with law.
WSJ: Managing in Asia: Good Brew: Happy Employees, Local Flair; Starbucks Jinlong Wang
The move is the first real sign that detente with China has transcended purely trade and economics.
As a content owner, rather than aggregator, the economics are much better because China Mobile will heavily promote the premium channel so volume will be higher for Hurray!
"The Macro-Economics of Poverty Reduction in China", by Dwight Perkins.
The main complaint was not the U.S. and European economies, but about taxes and fees charged by local governments, regional protectionism and tight credit, said Fan Gang, director of the National Economics Research Institute at the China Reform Foundation, which compiled the data.
"This constrains the PBOC's ability to express itself more effectively, " said Qinwei Wang, China economist at London-based research firm Capital Economics.
On Monday, China central bank advisor Xia Bin was at a Beijing economics forum.
Stanford professor Michael Spence, Nobel laureate in economics, and Shaun Rein, founder and managing director of China Market Research Group (CMR), both told me that China might very well exceed Japan to become the second-largest consumer market in the world.
Mr. Rosen is China practice leader at Rhodium Group and visiting fellow at the Peterson Institute for International Economics.
But the economics of selling enough ads to offset the cost of video streaming in China are daunting, and not only for Baidu.
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