If this graphic doesn’t convince you that the rise of China is real, nothing will…
If China’s consumption rate of commodities continues growing at the same rate that it has for the last 10 years, this is what 2020 would look like…
It looks as though our predictions about China are starting to unfold into reality.
China surpassed the U.S. last year as the world’s largest energy consumer, according to an annual report by British oil giant BP.
by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Mar 11 – In yet another sign of the growing importance of the Chinese economy on the world stage, Chinese consumers have been snapping up gold in record numbers recently with consume demand reaching more than 200 tons this past year and combined government and consumer […]
In a move which is making a number of countries in the region nervous, the People’s Republic of China announced recently that it was increasing military spending by 12.7% this year.
On the eve of a U.S. visit, Chinese President Hu Jintao made the boldest statement yet on the future of the U.S. dollar as a reserve currency, calling the current global monetary exchange system “a product of the past” while promoting his own country’s currency as a replacement.
The G20 appears to be placing a large bet on China’s policymakers. At their summit last month, one developed country after another, bar the US, said they would cut fiscal deficits.
Top 20 Global Banks by Market Capitalization: The Decline of American Banks & The Rise of Goldman Sachs
The Financial Times has a very interesting shockwave application showing how the top banks by market capitalization have changed for the last few years. You can clearly see the Goldman Sacks ascension and the decline of the American banks.
The net wealth of Asian millionaires has eclipsed that of rich Europeans for the first time, largely because of the relative health of stock markets in Hong Kong, India and China last year, according to a new survey.
The US remained the world’s biggest manufacturing nation by output last year, but is poised to relinquish this slot in 2011 to China – thus ending a 110-year run as the number one country in factory production.