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Don't Worry America: You Aren't Poorer Than China
The World's Billionaires Have Doubled Their Wealth Since 2009. Just In Case You Didn't Hate Them Already.
Here's Proof That Trading With Beijing Is Screwing American Workers
India Swears Its Redundant, Mega-Priced Mars Probe Is Totally Worth It
Why '2 Broke Girls' Is All the Rage in China
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Don't Worry America: You Aren't Poorer Than China
On Wednesday, the front page of the Financial Times declared that China stands poised to surpass the United States as the world's largest economy -- and to do so much sooner than anyone expected. Citing new data from a consortium of leading statistical...
Published
Wed, Apr 04 2014 3:58 PM
by
FP Passport
Filed under:
North America
,
East Asia
,
China
,
Economics
,
Finance
The World's Billionaires Have Doubled Their Wealth Since 2009. Just In Case You Didn't Hate Them Already.
Recession be damned: There are more billionaires today than there were during the global financial crisis in 2008 and 2009 -- and they're twice as rich, says a new report released Wednesday. The Billionaire Census , jointly compiled by Swiss financial...
Published
Wed, Nov 11 2013 12:40 PM
by
FP Passport
Filed under:
East Asia
,
China
,
Culture
,
Economics
,
Finance
,
Business
Here's Proof That Trading With Beijing Is Screwing American Workers
Many Americans already believe, intuitively, that cheap imports from China threaten manufacturing jobs in the United States. But while there's plenty of anecdotal evidence to support this -- stories of factories closing and companies relocating -...
Published
Tue, Nov 11 2013 9:04 AM
by
FP Passport
Filed under:
North America
,
China
,
Economics
,
Trade
India Swears Its Redundant, Mega-Priced Mars Probe Is Totally Worth It
India's space scientists must be tired, by now, of defending their cosmic ambitions. Though the nation has made a valiant effort to recast itself as a pioneer of space exploration in recent years, it can't seem to get around criticisms of how...
Published
Mon, Nov 11 2013 9:10 AM
by
FP Passport
Filed under:
Science & Technology
,
China
,
South Asia
,
Development
,
Economics
,
India
Why '2 Broke Girls' Is All the Rage in China
In China's battle between cupcakes and Communists , the cupcakes appear to be winning. While Chinese President Xi Jinping promotes the "Chinese Dream" of national rejuvenation with mixed success , the U.S. sitcom 2 Broke Girls has drawn...
Published
Fri, Oct 10 2013 9:00 AM
by
FP Passport
Filed under:
East Asia
,
China
,
Fun Stuff
,
Economics
Journalist's Call for 'de-Americanized World' Provokes Alarm in U.S., Fart Jokes in China
As fears mounted this week about a possible (and now, it seems, averted ) U.S. government default, the U.S. press stumbled upon an Oct. 13 editorial in Xinhua, China's largest news agency, calling for a "de-Americanized world" in light of...
Published
Wed, Oct 10 2013 2:50 PM
by
FP Passport
Filed under:
East Asia
,
China
,
U.S. Congress
,
Economics
What Happens to the Global Economy if the U.S. Defaults? 'Not Much,' Say Some Economists
Predictions about the potential effects on the global economy of a U.S. default have verged on the apocalyptic. This weekend, World Bank President Jim Yong Kim characterized the possibility as "disastrous" for both the developing world and developed...
Published
Tue, Oct 10 2013 3:30 PM
by
FP Passport
Filed under:
North America
,
Financial crisis
,
China
,
Obama Administration
,
U.S. Congress
,
Economics
,
Finance
Say Hello to China's Brewing Financial Crisis
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 In global economy these days, there are known unknowns, unknown unknowns, and then there's the Chinese credit market. On the heels of Federal Reserve Chairman Ben Bernanke's...
Published
Fri, Jun 06 2013 11:05 AM
by
FP Passport
Filed under:
China
,
Economics
,
Finance
Suicide-stricken Chinese iPhone-maker replacing 1 million employees with robots
Chinese media agency Xinhua reports that Foxconn, China's largest private-sector employer, is angling to replace more than 80 percent of its workforce over the next three years with robots. The announcement comes a year after a string of employee...
Published
Mon, Aug 08 2011 10:40 AM
by
FP Passport
Filed under:
China
,
Economics
,
Labor
Prestowitz: Chinese goose and American gander
Chinese President Hu Jintao's arrival in Washington yesterday was accompanied by the announcement of the imminent signing of a major joint venture between General Electric and China's state owned Avic to produce sophisticated avionics (airplane...
Published
Wed, Jan 01 2011 11:20 AM
by
FP Passport
Filed under:
China
,
U.S. Foreign Policy
,
Economics
Did China's economy overtake the U.S. in 2010?
Just in time for Hu Jintao's visit to Washington next week, economist Arvind Subramanian of the Peterson Institute for International Economics is coming out with a new set of GDP estimates showing that the Chinese economy may have actually surpassed...
Published
Fri, Jan 01 2011 8:48 AM
by
FP Passport
Filed under:
China
,
Economics
Around the world economy in 80 minutes
Last week, I had the opportunity to moderate a panel titled "The World Economy in the Next Ten Years," sponsored by the Chazen Institute at Columbia Business School. The discussion, a whirlwind tour of the world economic system, was great fun...
Published
Fri, Dec 12 2010 1:39 PM
by
FP Passport
Filed under:
China
,
Middle East
,
Economics
,
India
More on China's jade obsession - By Jared Mondschein
Last week we listed some items that are growing in popularity among China's increasingly wealthy middle class along with some of the impacts of these recent obsessions -- including jade. One major consequence not included in the list is the fact that...
Published
Tue, Nov 11 2010 10:25 AM
by
FP Passport
Filed under:
Corruption
,
Drugs & Crime
,
Human Rights
,
East Asia
,
China
,
Southeast Asia
,
Economics
,
Business