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Emerging Markets Commentary:
By Thomas S. White, Jr.
There is no question that in terms of economic growth, China has been the brightest star among both developed and emerging market countries over the last 30 years. Chinese leaders in the mid-1970s orchestrated a philosophical U-turn, embracing a “unique Chinese version” of a free market economy.
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Emerging Leaders:
Zhang Xin
Zhang Xin’s story is the quintessential rags-to-riches tale
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Retail Sector in China: The Next Big Thing?
The sweeping changes in China’s socio-economic framework have led to the emergence of a buoyant retail sector, which thrives on the progressive Chinese consumer. Global retail chains have made a beeline to grab a share in the booming Chinese retail market.
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Toll Roads in China: Speeding Up Growth
Infrastructure has played an instrumental role in the Chinese economy’s ascent to the position of a global powerhouse. Out of all the infrastructure sectors, the effort to improve the country’s roads has received the strongest impetus and investment from the Chinese government.
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Emerging Asia Pacific Economic Review:
Central banks in emerging Asia Pacific economies are hiking interest rates aggressively to fight inflation. Many economies in the region were also allowing their currencies to strengthen to reduce the pains inflicted by inflation. On the other hand, economic growth in many of these economies are expected to suffer due to rising borrowing costs.
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A Postcard from the Asia Pacific:
China: No longer the workshop of the World?
Labor in China is no longer as cheap as it used to be. And firms such as Top Form, Coach and GE, who have moved labor operations out of China, are prime examples of the paradigm shift.
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Green Report:
China’s Green Technology: Leapfrogging the West
Long maligned for its lax environmental standards and inadequate response to fossil fuel emissions, China has decided to shed its dirty image. Chinese investments in green technologies were $220 billion in 2009.
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