Strength and Contradictions of the Chinese Economy: An Interview With Au Loong Yu By

Image: Luigi Morris China has become a prominent actor in the global economy. The extraordinary growth of its GDP in the past 20 years, combined with its impressive accumulation of manufacturing power, has dramatically changed the equation of global trade. China’s heavily export-oriented model is, however, not free of contradictions. The country’s low wages—although increasing…

Story of North Korean gold shows real world’s interdependence’

  Reuters/Michael Dalder It is too premature to make any accusations on the basis that the North Korean gold was found in US products, but shows the level of globalization, economist Мах Fraad Wolff told RT. On Monday in accordance with the Dodd-Frank Act provision firms were required to report whether they use supplies of…