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Latest Special Articles - Today's Asia Economic Overview

China's Monetary Policy Plans: Effect on Consumers and Investors

The People’s Bank of China, China’s central bank, has committed to the “moderately loose” monetary policy that has helped the economy recover from the global economic slump. Over the next two quarters, the central bank will pay attention to the increase in domestic asset prices and inflation expectation by fine-tuning its monetary policy, according to a recent article by Zhang Xiaohui, the director or the PBOC’s monetary policy.


In its quarterly monetary policy report, the PBOC said, "In the period ahead, the People's Bank of China (PBOC) will unswervingly implement the appropriately loose monetary policy while fine-tuning policy with market-oriented tools in line with economic ...

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Russia: Oil Production, Price Fluctuations and the Country's Economic Recovery

In 2007, Russia’s real GDP grew approximately 8.1 percent, making it the country’s seventh consecutive year of economic expansion. The country’s economic growth during the 2000-2007 period was primarily driven by energy exports, given the increase in Russian oil production and relatively high world oil prices during the time period.Russia’s ...

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Cambodia and Vietnam: Closer Relations

Two way trade between Cambodia and Vietnam has enjoyed strong growth in the last few years, but only recently has economic relations between the two countries received a significant boost. The signing of key bilateral agreements along with Cambodia's faltering trade with Thailand during the last few months, provided a recent push to trade between Cambodia and Vietnam, with figures reaching $1.7 billion in 2008.  Recent investments ...

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Latest Exclusives - Asia Business and Financial Overview

Foreign Direct Investment and the Current Account Surplus in China

    An important factor in the tremendous growth in Chinese exports, was the country's pursuit of policies encouraging the establishment of foreign-invested factories. In 2004, nearly half of Chinese exports were produced by foreign-invested firms. Initially, China had major political concerns of relinquishing control of Chinese assets to foreigners, due to the socialist character of the economy. Once they recognized that FDI could transfer useful technical and managerial skills, China encouraged it.

In the 1990's, the government introduced rules and policies which paved way for immense FDI capital flow into China. The Chinese government allowed foreign investors to establish wholly foreign-owned enterprises with no knowledge-transfer ...

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The Asian Mortgage Conundrum: What Will the Catalyst(s) Be for a True Housing Finance Boom?

Unlike their Western counterparts, the major Asian economies have thus far resisted the complete metamorphosis of their mortgage markets into the classic Anglo-American model. The American system, as highlighted in a recent media blitz, is replete with intermediaries (“brokers” as we know them), non-bank entities (mortgage banks like Countrywide, Indymac, and GMAC), and a vast – albeit rapidly ...

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The Impact of Higher Education on China

Because the people in China strongly believe that education ensures not only the future and development of the individual but also the economy and the country as a whole, a good education has always been highly valued in China.  Passed down from ancient times, the great master Confucius once boldly stated, “It is a pleasure to learn something and to try it out at ...

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