This is another informative graphic from the BBC which illustrates some of the imbalances which currently exist between the 2 great economies.
Thursday 20 January 2011
Tuesday 18 January 2011
China Lends more than World Bank
Two Chinese banks have lent more to developing countries than the world bank.
Monday 17 January 2011
Public Enemy No. 1 - the return of inflation
The BoE is under pressure to raise interest rates in the face of rising inflation.
However, inaction could be the bravest decision of all.
Friday 7 January 2011
Imbalances Between East and West Continue to Grow
Despite the credit crisis, the existence of East-West imbalances has not faltered.
The threat of continued protectionism measures is still real.
Revision Q&A
Follow the link to the tutor2u revision pages to aid your prelim (and exam) preparation.
Thursday 6 January 2011
The Monopoly Board of Winners and Losers
Follow the link to the Guardian website to access their interactive monopoly board of high street winners and losers of 2010.
VAT - THE IMPACT
Follow the links to access a few articles explaining the impact of the recent VAT change.
Beijing City Lifts Minimum Wage by 21%
The minimum wage has been lifted in response to social tensions brought on by growing good price inflation and an attempt by the government to move towards greater domestic consumption..
What will the impact be on the UK however?
China is a low wage economy and low cost producer. This will only serve to fuel inflation further in the UK.
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