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China is planning to raise income tax on the very rich. By changing the minimum income at which the bracket begins from $450 to $315 a month. Even though a nation that has a great disparity between rich and poor the the tax system will have not as large an effect as say in america. This is because only a small amount of chinese file income tax forms at all so the overall lessening of government income willl not take such a direct hit.

This article is another one that describes the reasons for the controversial China currency bill that many US senators are trying to pass. While this bill has the right idea that the US needs to reduce the many imports from China, the reason being that China is undervaluing the yuan may just be an excuse.

This article is about statistics that were released last week that indicate that China needs to tighten their monetary policy further in order to fight inflation and stop raising interest rates from the Central Bank.

China has increased the banks' reserve requirements for the seventh time since the tightening cycle in October of 2010. Clearly, China has been and will continue to improve upon their monetary policy.

China has been encountering substantial increases of monetary assets. However, this money growth may be stunted by a fast-approaching inflation. This article explores further into why there will be inflation in China, and what they can do to battle against it. One thing they mention is slowing credit growth. -Michael

China is intervening in currency markets to make its own currency cheaper, which allows for chinese goods to be less expensive then in the USA. The U.S. Senate is seeking an official investigation into this and if it concludes that China is keeping its currency artificially low then retaliatory tariffs will be set in place.

This article talks about how China is complaining for the protectionist measures being taken by the US government about the solar panels trade between those countries, by imposing a tariff on the imports of solar panels to the USA.

The article is an example of how the trade disputes between China and the U.S. results in China finding new ways of getting around those trade barriers by using the free trade agreement between Columbia and the U.S: "With around 35 to 40% of the value of a product added in Colombia, it may be considered Colombian and enter the U.S. tax free"

The U.S. is pressuring China to take part to a trade of rare earths used for wind turbines or batteries. China refuses though because it must ensure that the resources they have are sufficent to cover the country's needsbefore thinkng of exporting. This indicates that the supply of rare earths is not sufficent in the countries that pressure China to export them. this concept can also be reconected to the idea of scarcity.

This article discusses how G.E. will begin selling jet parts and technology with China which would result in a huge financial gain. The concerns are though that by releasing this technology to china they could produce the goods for cheaper and hurt the United States and that they could develop a stronger military aviation program which could hurt our own military.

this article is about economic growth of china, and why will china be affected by great leap forward again

This article is about a rising concern over inflation in China. Pressures from oil, agricultural commodities and wages are the main contributors to the inflation in China and the Chinese government is having difficulty to control them.

This article discusses a problem that can arise from international trade. The US is upset because China, among other countries, has been exporting vast numbers of solar panels to the United States. This has crippled the US' solar panel industry causing companies to ask Obama to formalize a complaint.

This article discusses international trade between the US and China. This article talks about differences in currency value between the two countries and how the US is trying to solve these currency imbalances in order to lower unemployment in the US.

The U.S. accuses China of dumping solar panels into the United States on very low cost due to government subsidies. Therefore the seek for tariffs of more than 100% of the whole sale price of the solar panels that come from China.

The undervalued and overvalued currencies are having a war against each other - each struggling to either lower or maintain their value. Since the worth of the currency strongly affects exports, this phenomenon is quite crucial to our lives. The article presents the issue through the prices of Big Macs.

"Putting caps on prices is only a short-term solution" Asian countries, China, Malaysia, and the like, are reluctant to raise prices on fundamental goods such as food and petrol. This allows the people of the country to have access to cheap petrol and thus more motivation for actions which lead to economic growth using petrol. Although the price caps seem beneficial for the country, that is only true in the short run. In the long run, the price caps will increase consumption in the country, and thus increase the demand for more crude oil from abroad which will lead to a rise in global prices of crude oil. Thus, looking ahead, it is for their own sakes that Asian countries should cut down on their price controls on such goods.

A battery company built their plant to close to a community where young kids lived, not taking into account the health of these kids, and thus causing a market failure.

Asian economic growth and expansion, more notably in Indonesia and India trigger a rise in the countries' respective currencies.

Most developed economies will grow at a steady pace in the months ahead, but growth in Italy and China appears to be slowing, according to an economic indicator from the Organization for Economic Cooperation and Development. The OECD's indicators are designed to provide early signals of turning points between the pickup and slowdown of economic activity and are based on a wide variety of data series that have a history of signaling changes in economic activity.

Japan's struggle to avert a nuclear disaster and prepare for a reconstruction of epic proportions is one more risk for a global economy already grappling with mounting risks. The threats to the fragile recovery were already rising before the devastating earthquake and tsunami brought the world's third-largest industrial economy to its knees. And they span the globe - from conflict and oil disruptions in the Middle East and rising inflation in China and other high-growth emerging economies to continuing debt woes in Europe and persistent weakness in U.S. housing and employment, whose recovery is essential to any sustained U.S. rebound. Adding to the wall of worry, governments have pulled the plug on massive stimulus programs, which played a crucial role in turning around economic fortunes in the wake of the 2008 financial meltdown and ensuing recession. Are these symptoms of an upcoming recession?