Continuing the Climb to Moral High Ground
History proves that involvement in the global economy is essential to an economy's sustainable growth.
China has experienced three waves of globalization. During the first round, from 1870-1914, China's per capita income decreased from 24 percent of Britain's to 13 percent. Fortunately, by the end of the second round which started in 1960, we caught up. In the past 10 years, total economic output, exports, foreign exchange reserves and the poverty rate have improved remarkably.
- Fighting for Breath
- Graphic: Level of Distrust
- Forsaking the Fluff, China Joins the Cloud
- Media Watch: Xinhua, People's Daily in Rare Tussle, over Rate Cuts
- Watchdog Repeats Order to Remove Net TV Apps from E-Stores
- Peng Visits Delhi
- iPhone 6 Launch
- Caixin Podcast: Will Jack Ma Drop Hangzhou for Hong Kong?
- Caixin Podcast: No Ordinary Heist in Dalian
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- UnionPay, Apple Said to Agree on U.S. Firm's New Payment Technology
- Coming to Grips with Ammonia in China's Haze
- Closer Look: Alibaba's Looming IPO Sends Shockwaves through Bourses at Home, Abroad
- New-Energy Car Market Is Open Road, BYD CEO Wang Chuanfu Says
- PBOC Punishes Payment Companies for Mishandling Bank Card Transactions
- After Years of Dominance, UnionPay's Enemies Arrive at the Gates
- Media Outlet Blackmailed over 100 Companies, Xinhua Reports
- Cutting Pay of SOE Bosses Just the Beginning of Necessary Changes
- Shenzhen's Qianhai Zone Joins Overseas E-Commerce Pilot
- Amid Market Downtown, China's Developers Dig In