The recent down grading of U.S. sovereign debt has apparently upset financial markets worldwide.  But before we get carried away by a wave of “irrational pani

Goods and services from China accounted for only 2.7% of U.S. personal consumption expenditures in 2010, of which less than half reflected the actual costs of C

Since 2009, the US economic recovery has bumped along a course of recovery from the worst recession it has experienced since the 1930s. As a result, it has atte

China compiled its economic data for the first half of the year in less than two weeks. This is not nearly enough time to survey 1.36 billion people unless very

Since mid-May, the United States has lived on borrowed time as Washington has debated multiple deficit-plans before the Aug 2 deadline. After last-minute twists

Even as the debt crises in Europe and the United States loom large and the global economic recovery falters, inflation is making a comeback worldwide. Indeed, e

Will China's economy face a hard landing, or will a slowdown be within its control? Whatever the answer, analysts would agree that economic growth is bound

The G20 has been widely hailed as “historic progress” when global governance is entering a period of restructuring. As long as the process of power shifting d

Chinese growth is on a downward path.  Gross domestic product increased 11.9% in the first quarter last year, and the rate of increase has declined every quart

I'm now back from China, and I'm going to resist the temptation to draw grand, sweeping conclusions based on two weeks jaunting around the country. I wi