Posts Tagged ‘China’

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    China’s Market

    Oct 13, 10 • 252 Views • No Comments

    Sort of like jumbo shrimp and a working vacation, we could say that an authoritarian market is an oxymoron.The chief economist of the World Bank, Justin Yifu Lin, would disagree. As described in a recent New Yorker Magazine profile, Dr. Lin has an unusual...  [read more]

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    More Than Chicken Feet

    Sep 29, 10 • 320 Views • No Comments

    Chicken feet are back in the news. But the story is about much more. A delicacy in China, chicken feet are a perfect U.S. export. Except for animal feed, there is little demand for them in the U.S. By contrast, the Chinese want our chicken feet. They are fat...  [read more]

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    The World’s Biggest Economies

    Aug 20, 10 • 199 Views • No Comments

    The Chinese leader Deng Xiaoping said, “It doesn’t matter what color a cat is as long as it catches mice.” Explained in the Teaching Company’s “Why Economies Rise or Fall,” Deng cared about results more than economic...  [read more]

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    A Little Sunshine at General Motors

    Aug 18, 10 • 199 Views • No Comments

    A question: How are a little Sunshine and the U.S. taxpayer similar? The answer: Both are helping General Motors grow. The Wuling Sunshine is the most popular car in China. Manufactured by General Motors with 2 Chinese partners, it is a no frills minivan that...  [read more]

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    Son Preference

    Jul 30, 10 • 292 Views • No Comments

    If there are 122 men for every 100 women, how do you find a wife? According to a Columbia University professor, in China, you save. Economists have been asking why Chinese households save so much–30% as compared to a current 6% rate in the U.S. One...  [read more]