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China’s Defense Spending Dilemma

China, like the U.S., is beginning to feel defense spending pressures—both in growth of mission scope, and in technology and personnel costs.
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China’s leaders call for stable growth

Business & Finance : Business Report (2 years ago)

China's top leaders warned of continued downward pressure on the world's second-largest economy and vowed to make economic growth a top priority, state press reported. ||| China's top leaders warned of continued downward pressure on... Read Post

Obama Outlines New Defense Strategy Amid Pentagon Spending Cuts

Business & Finance : Wall St. Cheat Sheet (3 years ago)

President Obama unveiled a new defense strategy on Thursday as the result of a strategic review he initiated last summer after asking the Pentagon to begin planning for major cuts to defense spending after a decade of growth... Read Post

China's Rate-cut Likely To Hurt Banks, Curb New Loans To Small Borrowers

Business & Finance : Business Insider: Clusterstock (23 hours ago)

By Engen Tham SHANGHAI (Reuters) - China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.... Read Post


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