Page 14 - Logan Wright News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese President Xi Jinping's first major reform plans a decade ago were also his boldest, envisaging a transition to a Western-style free market economy driven by services and consumption by 2020. The 60-point agenda was meant to fix an obsolete growth model better suited to less developed countries - however, most of those reforms have gone nowhere leaving the economy largely reliant on older policies that have only added to China's massive debt pile and industrial overcapacity. The failure to restructure the world's second-largest economy has raised critical questions abou...

Bringing Taiwan to the World and the World to Taiwan

China's economic slowdown is leading US and other Group of Seven nations to see evidence of deep-seated structural problems that will strengthen the West's hand against a weakening geopolitical competitor.

The calculations in Washington and beyond are increasingly about how to deal with a China that, even if it is not yet in absolute decline, may well be approaching a peak in power.

A growing crisis in China’s “shadow banking” sector is threatening further damage to an economy reeling from multiple problems, even as a new report questions the ability of the government in Beijing to come to the rescue via fiscal stimulus. On Wednesday, Bloomberg News reported that Chinese authorities have enlisted the Citic Trust Co., a…