Economics

GM gears up for rapid new-energy vehicle expansion

General Motors, the US car giant, will double its offering of new-energy vehicle models in China by 2023, introducing 10 new models after 2020 to accelerate its efforts at helping further electrify the world’s largest car market, the firm said on Tuesday. The new launches, which include plug-i...

Shanghai’s answer to Manhattan in the making

Twelve kilometres south of Shanghai’s financial hub of Lujiazui, workers are putting the finishing touches to a glitzy-looking office tower designed to resemble a crystal which dominates the skyline. The futuristic-looking edifice designed by American developer Tishman Speyer is part of a gran...

China to protect inland shipping

China is to prohibit domestic companies from operating foreign-made ships on domestic waterways and will block foreign shipping service firms from selling services in China, according to regulations issued by China’s State Council. The rules protect the domestic shipping indu...

Industrial Production Slows in China, Inflation Rises

An industrial area as seen from the Western Mountains on Sept. 13, 2012 in Beijing, China. In September, China’s CPI increased 1.9 percent over last year. (Lintao Zhang/Getty Images) China’s stagflation, that is, high inflation and low growth, may create social turmoil if it drags on, accordin...

These people will walk away from scene of the crash

Is it time to put the Great Recession behind us? Not in terms of the economy – which remains bogged down with high unemployment, low growth and other aftershocks – but rather when it comes to demanding a rigorous effort to hold Wall Street bankers, traders and executives ac...