Signs of a stable recovery are becoming more noticeable in China, especially after the People’s Bank of China, the central bank, decided to proceed with efforts to reform the renminbi (yuan) exchange rate regime and ...Signs of a stable recovery are becoming more noticeable in China, especially after the People’s Bank of China, the central bank, decided to proceed with efforts to reform the renminbi (yuan) exchange rate regime and improve the currency’s flexibility.展开更多
Until the middle Qing Dynasty (1644-1911), China was not only a global economic power, it was also one of the world leaders in the development and deployment of science and technology. China was responsible for the ...Until the middle Qing Dynasty (1644-1911), China was not only a global economic power, it was also one of the world leaders in the development and deployment of science and technology. China was responsible for the Four Great Inventions: papermaking, the compass, gunpowder and printing. That is to say nothing of silk, porcelain and tea. These products, and others, were key drivers of China's economy and the basis of its wealth for hundreds of years.展开更多
文摘Signs of a stable recovery are becoming more noticeable in China, especially after the People’s Bank of China, the central bank, decided to proceed with efforts to reform the renminbi (yuan) exchange rate regime and improve the currency’s flexibility.
文摘Until the middle Qing Dynasty (1644-1911), China was not only a global economic power, it was also one of the world leaders in the development and deployment of science and technology. China was responsible for the Four Great Inventions: papermaking, the compass, gunpowder and printing. That is to say nothing of silk, porcelain and tea. These products, and others, were key drivers of China's economy and the basis of its wealth for hundreds of years.