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China overtakes Japan to become 2nd largest R&D spender

By reddotrevolver Wed, Nov 16, 2011 9:48AM UTC View Comments

Rising power China has grabbed headlines for being the top, if not amongst the top, in the world for a cavalcade of reasons. This time, it is more than beating every country in the world in math, science and reading. In a pivotal moment in history – perhaps even signaling a global power shift in the...

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Australia is top country for Chinese transactions, not US

By reddotrevolver Wed, Aug 10, 2011 9:00PM UTC View Comments

An infographic created by NPR shows that contrary to popular belief, Australia, not the United States, is the top country for Chinese transactions. China reaching out to the rest of the world: A significant amount of money is transacted and invested in Australian metals (23.66 billion dollars) and energy (8.36 billion dollars). The United States...

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China: We won’t change ’til we Yuan-a

By All The Tea Fri, May 13, 2011 3:45AM UTC View Comments

The late Chairman Mao Tse-tung's face is seen on a pack of bills of Chinese yuan next to the U.S. currency. Pic: AP.

China is right to brush off U.S. pressure over the value of the Yuan. by Robert Sullivan The latest stop on the U.S. lecture circuit, the U.S.-China Strategic and Economic Dialogue, wrapped up on May 10, with the lion’s share of the discussion centered on the value of the Chinese Yuan. The U.S. has consistently...

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Opinion: China is going down… We mean it this time

By Andy Jackson Tue, Apr 19, 2011 12:18AM UTC View Comments

A production line of air conditioners at a factory in Zhuhai in south China's Guangdong province. China is creating more production capacity than the world can consume. Pic: AP.

What goes up, must come down. All economies experience periods of growth alternated with stagnation – sometimes even shrinkage. China is no exception to that law of economic gravity, so we know that the Middle Kingdom will at some point go through a period of low or negative growth. But, like the Second Coming, one can have...

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