Tag Archives: GDP
The Yin and Yang of GDP and Environment Posted by Stephen on Sep 21, 2011
Anyone looking for a lesson in both climate change and sustainability (持续性 chíxùxìng) needs to visit China. In a country full of contradictions or 矛盾 (máodùn), it only makes sense that some of the worse environmental degradation is contrasted by very progressive attempts at conservation and sustainability wherever possible. China is unique because nowhere else…
Chinese Currency Revaluation (货币升值) Posted by Stephen on Aug 22, 2011
After much anticipation and coupled with foreign and domestic pressure (not to mention the US Debt ceiling fiasco), China is finally poised to begin allowing a “gradual” appreciation of its currency against the U.S. dollar. Currency revaluation or 货币升值 (huòbìshēngzhí), has been a key issue for China and the rest of the world, as China…
Inflation and Interest Rates (通货膨胀跟利率) Posted by Stephen on Oct 21, 2010
If you’ve been following news out of China recently, issues of inflation or 通货膨胀 (tōng huò péng zhàng), have been making most major media network headlines. Just a few days ago, China’s Central Bank, in an surprise announcement, decided to raise interest rates or 利率 (lì lǜ) by .25 percentage points in an effort to…