World Economy

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Emerging markets rise and the world moves towards multipolarity

The BRIC countries made their debut as a whole yesterday, a move that, in the view of many economists, heralded the rise of emerging markets, and the world economy will move towards multipolarity as the BRICS economies overtake the three largest economies of the US, Europe and Japan.  The BRIC countries made their debut on the world stage for the first time as a whole in Jekaterinburg, Russia, which, in the view of many economists, is far more symbolic than the real results of the emerging market rise that the summit brought. Holding Regiment heating conspiracy interest economists generally believe that the BRICS summit is only the first four countries ...

Emerging markets rise and the world moves towards multipolarity

The BRIC countries made their debut as a whole yesterday, a move that, in the view of many economists, heralded the rise of emerging markets, and the world economy will move towards multipolarity as the BRICS economies overtake the three largest economies of the US, Europe and Japan.  The BRIC countries made their debut on the world stage for the first time as a whole in Jekaterinburg, Russia, which, in the view of many economists, is far more symbolic than the real results of the emerging market rise that the summit brought. Holding Regiment heating conspiracy interest economists generally believe that the BRICS summit is only the first four countries ...

IMF President: Renminbi still undervalued

On the morning of January 20, the International Monetary Fund's president, Dominique-Kahn, said in Hong Kong today that with the rise of China's economy, the renminbi will play a more important role in the future, but its value is still undervalued. Dominique-Kahn, the IMF's president, said in Hong Kong's Asian Financial Forum today that the appreciation of the renminbi is an inevitable trend as China's economy grows and the future plays a more important role in the world economy. Strauss-Kahn said: "The RMB is e.g. un ...

Big quake shocks global economy Japan auto industry loses worst

Summary: March 11, the northeastern coast of Japan, the Richter magnitude 9 earthquake, and triggered a large-scale tsunami, in addition to a large number of casualties, the recovery of the Japanese economy, and even the global economy has caused a strong shock wave.  It is a matter of concern that Japan, the world's third-largest economy, will be affected by the process of recovery, whether the global economy will be affected and how China's economy and capital markets will be impacted. March 11, the northeastern coast of Japan, the Richter magnitude 9 earthquake, and triggered a large-scale tsunami, in addition to a large number of casualties, in the recovery of Japan ...

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