The meeting of the finance ministers and central bank chiefs of G20 countries in March drew great attention. That’s because of the great influence of the global financial crisis.
The most important thing discussed at the meeting was how to deal with the financial crisis, rebuild the present financial system and reform the international financial organs. Read more…
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China, crisis, economy, G20, IMF, influence, reform
When US first adopted its reform and opening-up policy in the late 1970s, Chinese people started to care about the US presidential election. In 1980, Chinese people realized the fact for the first time that the presidential race between incumbent Democrat Jimmy Carter and his Republican opponent Ronald Reagan on the other side of the Pacific had very strong bond with their own country. The election outcome had a concernful impact on Chinese future development.
From then on, the presidential Read more…
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benefit, cooperation, election, reform, Sino-US
Shanghai began to do the economic reform in the early days. Now, it has more than caught up with the other coastal cities in establishing its key role in the nation’s development.
In the process, it has transformed itself from a dull and inefficient manufacturing base for a planned economy to a vibrant and progressive metropolis, servicing the modern industrial heartland of the Yangtze River Delta Read more…
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China, economic, key role, reform, Shanghai