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EU to push China for stronger yuan

T rying where Barack Obama failed a week ago, a trio of top European Union policymakers troops to China this weekend to press the case for a stronger yuan. Their chances of success are as dim as those of the U.S. president. China regards a firmer ...

From ALAN WHEATLEY, Globe and Mail,  24 Nov 2009

Related Topics: Barack Obama,  People's Bank,  European Union,  European Central Bank,  Jean-Claude Trichet

Inside Asia: Asia Could Benefit From Cooperating on Infrastructure

Perhaps by living on another planet, you might have missed the popular conclusion that Asia must increase consumption and let its exchange rates climb to help put the world economy on a more even keel. But, until recently, another part of the policy ...

From ALAN WHEATLEY, The New York Times,  23 Nov 2009

Related Topics: International Monetary Fund,  Dominique Strauss-Kahn,  European Union

Inside Asia: Big Risks in China's Yuan Policy

BEIJING — Exactly a year after it unveiled a stimulus package worth 4 trillion yuan and switched to an easy monetary policy, China is basking in the success of its aggressive response to the global financial crisis. The government’s 8 percent growth ...

From ALAN WHEATLEY, International Herald Tribune,  9 Nov 2009

Related Topics: World Bank,  Xie Xuren,  International Monetary Fund

Global factory output expands, points to recovery

F actory activity in the euro zone expanded for the first time in 17 months in October and also picked up in Britain and China, suggesting global economic recovery is under way, surveys showed on Monday. The upbeat data comes ahead of policy meetings of ...

From JONATHAN CABLE AND ALAN WHEATLEY, Globe and Mail,  2 Nov 2009

Related Topics: Bank of England,  HSBC,  Federal Reserve,  European Central Bank,  Daiwa Securities

China showing hints of sustained industrial growth

C hina's vast manufacturing sector expanded in October at the fastest rate in 18 months, a survey showed on Sunday, and economists said they expected the momentum to be sustained in the coming months. The purchasing managers' index (PMI) issued by the ...

From ZHOU XIN AND ALAN WHEATLEY, Globe and Mail,  1 Nov 2009

Related Topics: Goldman Sachs

Inside Asia: Tackling the Roots of China's Overcapacity

BEIJING — At the start of the decade, perhaps only one family in three in the village of Oufang was growing citrus trees. They earned a good living until five years ago, when nearly all their neighbors piled in and started planting. The result has ...

From ALAN WHEATLEY, The New York Times,  26 Oct 2009

Related Topics: Bank of America,  Merrill Lynch,  European Union

Zhou hints loose policy may go

CHINA'S central bank has given its first public indication that it is thinking about when to move away from the ultra-loose monetary policy it adopted a year ago to shield the economy from the global financial crisis. Zhou Xiaochuan, governor of the ...

From SIMON RABINOVITCH AND ALAN WHEATLEY, Shanghai Daily,  16 Oct 2009

Related Topics: Zhou Xiaochuan,  People's Bank,  Federal Reserve,  Stephen Green

Inside Asia: Asia Creeps Closer to Cooperation

BEIJING — Advocates of closer Asian economic integration should keep the Champagne on ice, but there are signs that the global financial crisis is finally pushing governments in the region to cooperate more actively. To be clear: Asia is not about to ...

From ALAN WHEATLEY, International Herald Tribune,  12 Oct 2009

Related Topics: International Monetary Fund

Inside Asia: China Tries for Growth and Power

BEIJING — The Chinese Communists are partying this week like it was 1949. They should make the most of it. Sustaining the rapid growth that has underpinned the legitimacy of the Chinese Communist Party during the second half of its 60 years in power ...

From ALAN WHEATLEY, The New York Times,  28 Sep 2009

Related Topics: World Trade Organization

Inside Asia: The Crisis Left China Better Off

BEIJING — If any country can be said to have had a good crisis, it is China. As global leaders prepare for their third emergency summit meeting in 10 months, China stands out as being in a stronger position today than it was before the convulsions ...

From ALAN WHEATLEY, The New York Times,  14 Sep 2009

Related Topics: Zhou Xiaochuan,  International Monetary Fund

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