China is a country that exhibits great trade surplus. This article attempts to account for the phenomenon by addressing on China's weak domestic consumption compared to its exporting power.
This article talks about the impact of the depreciation of Yuan, the currency of China. It analyzes the compound impacts of the depreciation with relation to China's position as worldwide export powerhouse.
this article illustrates the friction caused by Chinese government's new policy of requiring foreign computer companies to make 'backdoors' in their hardwares and softwares. The foreign companies are protesting that such measure is protectionism.
This article is about Japan's policy to impose a quota on US rice. US-produced rice is known for its exceedingly cheap price, and Japan is imposing quota to protect its domestic producers from the competition.
This article gives the principle that when an economy approaches full employment, it would receive pressure to increase wage. It shows the discrepancies with the real world, and proposes some theories to explain it.
This article explains how China is in the turning point of its business cycle, and how its government is trying to lead its economy into a 'soft' landing.
This article argues that consumption of fast foods and other unhealthy foods is harmful to the society in general, providing reasons why it is a negative externality.
This article discusses the relationship between gas prices and the crisis related to the Islamic State. Islamic State's major source of fund is from oilfields in middle east, and thus has great influence over the worldwide oil price.