In your interest.
Online Personal Finance Magazine
No beating about the bush.
As the race for developing clean technology heats up, one question remains: Will China's highly capitalised command-and-control economy trump laissez-faire in a low-carbon shift that is widely portrayed as the next industrial revolution?
Toyota’s “reputation for long-term quality is finished,” said Maryann Keller, senior adviser at Casesa Shapiro Group LLC in New York. Its shares are being crushed by the company's auto recalls and production halts due to malfunctioning stuck-accelerator death pedals.
The Chinese real-estate bubble is in full swing but that is not keeping its citizens from going on a spending spree. People having no experience with debt are spending as much as 25% of their monthly salary on credit cards.