FINANCE & ECONOMICS

Joseph Stiglitz: Inequality an Equal Concern for China, U.S.
Both countries pay a price for their wealth gaps, the Nobel-winning economist says, something that should worry Chinese and American policymakers alike
Wang Liwei 04.01.2014

Budget Law Revision Proposes Letting Local Gov'ts Issue Bonds

Money raised could be used to build infrastructure and utilities, draft says, but not to cover daily expenses

04.23.2014

Closer Look: How Chinese Consumers Helped Gold Prices to Slump

The supply of money in the country has slowed, meaning people's spending on the precious metal also ebbed

04.22.2014
Closer Look: Regulator Takes Hard Look at Jack Ma-Hundsun Deal

Closer Look: Regulator Takes Hard Look at Jack Ma-Hundsun Deal

CSRC is already finding that securities firms and fund companies are worried about a transaction involving leading financial software provider

04.22.2014

Stephen Roach: China, U.S. Headed in Opposite Directions

Beijing is already seeing the fruits of its reforms, senior Yale fellow says, but Washington is still relying on its old growth models

04.22.2014
Growth of Popular E-Investment Got Internet, Fund Companies to See Light

Growth of Popular E-Investment Got Internet, Fund Companies to See Light

The rapid expansion of Alibaba's Yu E Bao has prompted other Net firms and fund companies to get into the act

04.21.2014

Closer Look: The Best Kind of Gov't Intervention

For China's workers to become more productive, the county must make a huge investment in the basic education of children in its central and western regions

04.18.2014
Shiller: What We Can Learn from Past Crises

Shiller: What We Can Learn from Past Crises

Nobel-winning economist compares the U.S. and Chinese housing markets, and what lessons history has for rising local government debt

04.18.2014

Minsheng Chairman Said to Hope New Company Builds Financial, Industrial Empire

Dong Wenbiao's firm has founder of game developer Giant Interactive as executive and as much as 50 billion yuan in registered capital

04.18.2014
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