Stephen Mihm
China devalued its currency for the second straight day in an attempt to make its products cheaper and boost exports. CBS News contributor Mellody Hobson looks at what that will mean for the U.S. economy.
China is much on the minds of G7 finance leaders as they meet in Niigata, Japan this week, with current G7 president Japan leading fresh efforts to diversify supply chains and reduce their heavy reliance on China, the world's second-largest economy and the second bi...
With the continued shift in power to the people, the creator economy will evolve to become more about creators and their fans co-creating, sharing in the money-making opportunities. The future of this economy isn’t only reliant on fans; the expectation is there will be an emergence of othe...
Chinese traditional culture is generally accepted by the world in the post-industrial age. Learning Chinese is an indispensable way to have a better understanding of Chinese distinct culture and long history. Whats more, Chinas robust development of economy also attracts more and more foreigners to ...
1. Promoting trade development and expanding opening is the right choice for all economies under the trend of globalization (Altbach & Knight, 2007; Bhagwati & Srinivasan, 2002). The “Belt and Road...
InJapan, giant pandaXiang Xiang'spopularity has led to a booming economy in related sectors. Japanese scholars estimated that the economic benefit generated from her birth to her return toChinaexceeded60 billion yen($391 million), acc...
China’s economy is neither a market economy nor a planned economy but, rather, it is a combination of both. SOEs, POEs (both local and foreign), local governments and central government, all play critical roles in China’s unique economy. For Chinese companies, particularly the POEs, the ...
“China’s agricultural demand is massive and cannot be overstated,” said Beth Frisher, the port of Oakland’s business development and international marketing director. Oakland wants to capitalize by embarking on a series of building projects that would link the U.S. farm belt to ...
The problem is that China's light-vehicle sales are growing at the slowest pace in three years, and the uncertainty surrounding its economy is troubling investors. Let's take a look at the situation and what GM's plans in China are going forward. ...