Feng Xingyuan suggests the more capital free areas the more prosperity
Tuesday, 24 July 2012 11:12
Prof. Feng Xingyuan recently gave an insightful interview to China Reform or Caixin Magazine, a famous Chinese economics magazine, about Universal Model on private investment.
According to the latest research on China’s Capital Freedom Index by Prof. Feng and other scholars, the level of the prosperity of the private economy is highly correlated with the level of free capital, more capital-free areas, the private economy as well as the overall economy more prosperous. The index shows in the capital freedom level in the 2009 that
We have received a good news that Asian Competition Forum (ACF) Annual Conference this year will take place on 3-4 December 2012 in Hong Kong with the theme " Establishing Sound Enforcement Priorities and Processes"
This year's theme was inspired by the ACF's recognition of the continued development in competition law in Asia especially amongst ASEAN countries in adopting normative law and an enforcement mechanism .
Lives in Transition… THE POWER OF ECONOMIC FREEDOM: A New National Public Television Documentary for U.S. Television
Wednesday, 04 July 2012 13:51
Free To Choose Network, in collaboration with the Fraser Institute, will produceand distributea one hour U.S. public television special highlighting Fraser’s Economic Freedom of the World Report. This annual report uses 42 distinct pieces of data to measure economic freedom in 141 nations, but it’s the power of what we learn from this list that is transformative. Economic freedom promotes prosperity and positive outcomes, and is the foundation for democratic development. This message will come to life as we visit various people from countries on this list, learning of their lives, their triumphs and hopes for the future – all made possible by the economic freedom they experience.
Wenzhou: Spearhead of Financial Sector Liberalization in China?
Wednesday, 18 July 2012 17:49
By Carsten Herrmann-Pillath and Feng Xingyuan
The coastal city Wenzhou is a barometer for the economic development of the coastal area. The recent financial crisis in this manufacturing city reflects the looming crisis of the traditional manufacturing sector of the coastal area of China. While it is a big challenge for many domestic SMEs to survive in their industrial upgrade or transformation and remain competitive, it is the same for foreign enterprises to seize this opportunity and take over the corresponding market segment. German companies have kept almost intact in this crisis. They can further expect to benefit from the exports of their machines and equipment from Germany to China’s coastal area suffering from this painful industrial update or transformation.