24 Jul '11, 10am

Cracks appear in China's economic model: analysts

Cracks appear in China's economic model: analysts

BEIJING : As the United States and Europe struggle with debt crises, China's economy appears in robust health, but analysts say its growth model is too dependent on investment and cannot be sustained. Sitting on foreign exchange reserves worth nearly $3.2 trillion and with breakneck growth of 9.5 percent in the second quarter, the world's second largest economy appears to have breezed through the global financial crisis. "Clearly China is becoming a larger percentage of the world economy and its growth rate is higher than the developed world," said Fraser Howie, co-author of "Red Capitalism: the Fragile Financial Foundation of China's Extraordinary Rise". "It is becoming stronger as a result of that but I would argue that much of that strength is misleading," he told AFP. When the global economic crisis hit its huge export industry in 2008-9, China unleashed a torrent of c...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

Clinton: Indonesia can be democratic role model

sg.news.yahoo.com 24 Jul '11, 8am

BALI, Indonesia (AP) — U.S. Secretary of State Hillary Rodham Clinton is urging Indonesia to promote democracy in Myanmar ...

Latest: A Samad Said to appear at 'River meets Light'

Latest: A Samad Said to appear at 'River meets ...

anilnetto.com 24 Jul '11, 6am

Poet A Samad Said and his son Az Samad are due to make an appearance at Ombak-Ombak’s ‘River meets Light’ production along...

New Chinese eco-city in Langfang to model cutting edge technologies | Eco-Business

New Chinese eco-city in Langfang to model cutti...

eco-business.com 24 Jul '11, 4pm

An artist's rendition of China's new eco-city in Langfang. Image: Southworth International Plans for a new eco-city south ...

US Economic Collapse Mitigates its Climate Chaos

US Economic Collapse Mitigates its Climate Chaos

cleantechnica.com 24 Jul '11, 11pm

Records broken around the country last week included temperatures to 111 degrees . Yet there were no blackouts due to the ...

naturalInvestment Investing in nature for econo...

environmentalleader.com 27 Jul '11, 4am

For many of us, the term “ecosystems” conjures up thoughts of environmental protection and restoration. While that is one ...

The economic importance of metro regions, adapted from @Richard_Florida: #urbanplanning #smartgrowth

The economic importance of metro regions, adapt...

switchboard.nrdc.org 25 Jul '11, 1pm

Check out this map by Zara Matheson of the Martin Prosperity Institute. It shows that metropolitan Houston is as important...

Take a look at one of the most livable urban en...

grist.org 29 Jul '11, 2pm

A busy McDonald’s parking lot in Freiburg. Scenes like these are very common in a city of short distances. Biking is the e...

Home > Breaking News > Money

straitstimes.com 27 Jul '11, 12am

Money Home > Breaking News > Money Singapore shares open lower 9:22 AM SINGAPORE shares opened lower on Wednesday, with th...

Cork: A Model of Sustainable Business

Cork: A Model of Sustainable Business

switchboard.nrdc.org 29 Jul '11, 2pm

When it comes to the functional integrity of the biosphere, small things matter. Indeed, it is the small things in the glo...