OVER 100 DEAD IN N CHINA MINE BLAST TIANJIN AIRBUS DELIVERIES ON SCHEDULE WORLDS LARGEST RESTROOM CHINESE ON AIR TICKETS HEAVIEST FINANCIAL BURDEN CHINAS COMPULSIVE SAVERS LOVE OFF THE SHELF
He's been predicting global financial meltdown for over 20 years. First in 1987, then again in 1998, and finally, and correctly, in 2008.
Mr. Soros was speaking at Peking university on the topic of the “Causes of the Global Financial Crisis” to some of China's top students and business professionals. He said that in his view A Super Bubble has been building for 25 years and was bound to burst - but it has taken longer then he expected to come about. However due to his firm belief in this theory, the seat of most of his $11bn fortune – Soros fund management – has been one of the few financial organizations to escape the worst of the current chaos.
The financial guru also had good news for China and those investing in the country regarding it's role in financial recovery.
As China’s economy continues to transform so does its education system. Almost nonexistent until the last decade, financial aid is now on the rise here.
BON’s Neela Eyunni takes a look at what this growing trend means for students throughout the country.
David Moser invites professors to discuss China's 2nd Sino-American Financial Talents Forum, training of new talent, combining theory and practice in teaching, and strengthening student-level innovation.
To much fanfare in China's state media and in the financial press, China's stock market regulators recently introduced a host of new trading tools and products for investors. It's being sold as an important step in the modernization of the country's financial markets. Unfortunately, the new tools may not be able to deliver all the benefits that China's financial authorities have promised.
As the world looks forward to 2010 many will be hoping that this year will see a definitive emergence from the financial crisis of the past 12 months. And with the New Year, new political issues are emerging. Not least of these is China's growing confidence on the world stage - and particularly its relationship with the US.
US based Foreign Policy Magazine recently carried a report on the world political climate in 2010 in which it listed key issues for the coming year. Amongst these were Sino-US relations; the Iran nuclear issue; Europe's financial pressures; regulation of the US financial system; and global warming.
Now on the back of that report a poll carried out here in China by the website ifeng.com asked respondents which of these five topics they thought would be the biggest political issue of 2010?
That's not necessary. Football is something for the pitch. It shouldn't be mixed up with politics. The government can give football teams financial support and lead them to develop in a better way. I think it won't help a bit if our country interferes with the team's training.