United States


The Path to Building a Well-Off Society

Caixin | The Communist Party’s 18th Central Committee released a proposal for a major economic development plan on October 29 at the end of a four-day plenum, the fifth time the body has met. In the proposal, the party notes that China still has a lot of room to grow, even though it is facing an array of challenges stemming from shifts in the domestic economy and uncertainty abroad.


No Picture

China-U.S. Investment Treaty Would Strengthen Economic Relations

BEIJING | By Sean Miner via Caixin | The United States and China disagree on many issues but especially in the foreign policy sphere, and there are few reasons the two economic heavyweights will become closer in the next few years. Among the few areas that could bring them closer could be increased bilateral investment. With the recent “breakthrough” between China and the United States in the negotiations on the Information Technology Agreement, the prospects for a bilateral investment treaty (BIT) between them have been improved.



JPMorgan: Global economy might pivot to above trend growth in 3Q

MADRID | The Corner | JPMorgan’s economic outlook forecasts that global growth is taking hold around midyear and as a rebound from weakness the US and Japan is reinforcing a more modest acceleration in the Euro area and emerging Asia. If JPMorgan analysts are right, this episode’s contours should mirror growth pivots in earlier expansions (during 2003 and 1993).


Alibaba

What Is Alibaba Worth? That Depends on Tencent

BEIJING |By Jeffrey Towson via Caixin | The valuation of China’s largest e-commerce company is tied to its market share, margins and return on capital, factors its rival can easily impact. Far the low-end of predictions have put Alibaba at US$ 80 billion to US$ 100 billion. The majority of estimates are in the US$150 billion range. And a few analysts are making headlines with predictions of US$ 250 billion and above.


The Long Goodbye

BEIJING | By Andy Xie via Caixin | What’s important in today’s financial world is perception, not substance. If you check out what important financial figures have proposed in the past, they have been good for forming bubbles, not for growing the real economy.People around the world will only begin to question their economic policymakers when they realize living standards are slowly worsening.