The Financial Crisis: How Europe Can Save the World.
Many underground bankers have fled the area following the credit crisis and some have even committed suicide after failing to pay depositors back. Similar crises have occurred in Wenzhou, a manufacturing hub in east China's Zhejiang Province, and Ordos, a coal-rich city in north China's Inner Mongolia Autonomous Region, over the past two years.The crisis is, by turn, a temporary threat to the capitalist economic system and then, in the course of recovering from the crisis, a political economic and social pretext for a ruling class general offensive aimed at reversing labor and social advances over the past half century: Capitalist class warfare dismantles the social safety net and.The digital road out of poverty. In some remote areas of China, the Internet not only opens a door for local people to reach the rest of the world, but also provides them hope for the future.
The international financial crisis in 2008, caused by the subprime mortgage crisis in the United States, again put the world economy into a whirlpool of recession and slowed China’s economic development. And now, America’s 2018 trade war with the world is directly targeting China and threatens to destroy the fruits of its reform and opening up.Talk of The Town From sports celebrities to murderers South Africa's hero Oscar Pistorius was not the first sports star falling from grace for committing a murder.
The World Trade Organization (WTO) launched the “Made in the World” initiative after the financial crisis with a view to advocating reforms in the way of international trade statistics. For example, as there is a value-added approach to the computation of gross domestic product, international trade can also be calculated on a value-added.
