AS/A2 Economics: China's surge

Tuesday, 1 June 2010

1/ Telegraph: Something has to stop the Orient express and its cargo of trade imbalances - Roger Bootle argues that China must do more to reduce the soaring trade imbalance between China and the rest of the world

2/ The Observer: Dark economic clouds on the horizon for China - Heather Stewart looks at the risks facing the Chinese economy in 2010

3/ The Times: After £800bn loans, China tells banks to focus on the real economy - Unprecedented lending growth risks causing a bubble economy and rampant inflation.

4/ The Guardian: Without Chinese economic reform, global recovery may be doomed - Larry Elliott argues that China needs to boost domestic consumption rather than relying on exports, or the world will be flooded with goods that nobody wants

China’s dilemma on the renminbi exchange rate
...points to some sort of adjustment as the first step towards addressing China’s spiralling reserve growth – which would also assist China in its fight against inflation.“China faces a hard choice; it can ignore adjustments to its currency regime... By Neil Mellor
March 11, 2010
Investors rattled by China inflation worries
...Thursday as economic data releases in China and the US rekindled doubts about the...investors was news of a surge in Chinese inflation, which some economists warned could prompt...further and that the People’s Bank of China was behind the curve. “China’s massive... By Dave Shellock

May 12, 2010
China's rate of inflation accelerates
...Virtually everything is on the rise in China, from wages to grain and vegetables, and we expect inflation above 5 per cent by the end of the...of Credit Suisse banking group."Inflation will be the biggest worry in the second half of this year, and everybody in China except government economists seems to have realised inflation won't peak in the middle of the year... By Geoff Dyer and Jamil Anderlini in Beijing

AS/A2 Economics