In China the banking system is completely under government control with the Chinese yuan serving as the basic unit of currency (8.70 yuan equal U.S.$1). The People's Bank of China is the central financial institution and the sole source of currency issue. China's international accounts and foreign ...

China has always been an important country in the world. With its increasing large population, it was determined by other countries that is has a lot of economic potentials. In just one decade and a half, China has transformed itself from a giant that use to live in poverty into a wealthy powerhouse...

Introduction For various reasons, China has always been an important country in the world. With its increasing large population, it was determined by other countries that is has a lot of economic potentials. In just one decade and a half, China has transformed itself from a giant that use to l...

Principle Economic Indicators The million (or should we say 'billion' now) dollar question is whether or not the United States' economy will stay in it's record 107 month expansion (according to the index of leading indicators) or come out of the boom and take a downturn into a recession. No...