Could we have a Chinese Jetstar-like competitor?There are some awesome implications in this morning’s announcement of a new memorandum of agreement between Australia and China on increased flights, being a 50% rise in available seats to China and a possible low-cost regional Chinese airline, reports Ben Sandilands.
China economy
Political snippets: Labor needs to act to avoid a hiding
Labor is in for a real public opinion hiding if the global warming debate continues to be about nothing more than who is going to pay how much more for what.
Why China’s overheating economy is leaving the US behind
Interest rates are moving higher in both the United States and China — the big difference of course, is that in China, it’s the central bank that’s raising rates, whereas in the US, inflation worries are writ large in the bond market, writes Karen Maley.
Maley: making up China’s growth
According to the Chinese zodiac, the year of the rabbit is now under way, a time when investors will be hoping to see increased tranquility in share markets, in place of the wild swings of recent years. But there’s upcoming instability in the Chinese economy, writes Karen Maley.
Kohler: the cost of our surplus obsession
The Australian Prime Minister is too worried about the fiscal balance and the US President is not worried enough.
Maley: China’s changing taste for debt
Figures released on the eve of the Chinese presidential visit showed that China was a net seller of US government debt in November, although it still retained its position as the largest foreign creditor to the US., writes Karen Maley.
Maley: a currency peace offering from China
It’s hardly coincidental that the Chinese currency, the yuan, has glided to a record high just days before Chinese President Hu Jintao is due to arrive in Washington, writes Karen Maley, of Business Spectator.
Maley: jumping off the Asia bandwagon
Last year, the share markets in most Asian countries put in stellar performances. The Thai share market, for instance, rose by 50.8%, while the Malaysian share market climbed 32.5% and there’s little sign that inflationary pressures in the Asian economies will abate any time soon, writes Karen Maley.
Australia’s affluenza built on a house of sand
Australia’s economic miracle and recent bout of affluenza is built on a house of sand. Local debt and what appears to be an unsustainable boom in its biggest customer.
Maley: driving China to the edge
China’s enthusiasm for buying up the debt of struggling eurozone countries will be put to the test in the face of accusations that Chinese companies were responsible for alleged bribes paid to senior executives of Renault, writes Karen Maley.
travel 
Selling communism for tourism
Red is far from dead in China. Instead, entrepreneurs in Yan’an are cashing in on the novelty and historical value of communism for tourists, from battle recreations to museums on Mao.
Maley: Nike’s run-away China costs
Australia may be benefiting mightily from surging commodity prices, but we, along with other developed countries, are about to be hit with higher prices for many of our imported consumer goods, writes Karen Maley.
Maley: Asia’s growing Euro angst
Asia might be enjoying booming economic growth, but officials in the region are worried about the potential of the European sovereign debt crisis to trigger a new global financial crisis, writes Karen Maley.
Maley: China’s waning appetite for inflation
You know that something extremely fishy is happening when top Chinese banking authorities start downplaying the risk of inflation, writes Karen Maley.
Kohler: welcome to economic Cold War
After two decades of selling to, and lending to, the United States, China is now its largest creditor and largest supplier of outsourced labour.
Kohler: the carefree and the callous
Having forced austerity budgets on Europe, markets are now cheering American recklessness with its own budget and Chinese insouciance about inflation.
Political snippets: Rudd’s non-Beijing link
One of my old mates is probably not surprised by the hard line on China that Kevin Rudd is shown to have taken in his discussions with Secretary of State Hillary Clinton.
PHOTO GALLERY 
The world’s most energetic cities
A look at the most dynamic cities in this post-GFC world, judging each city by employment and growth of income. Melbourne is the only Oz addition, with the rest mainly being in China, India, South East Asia and South America.
Maley: China’s risky rates gamble
There is now clear evidence that their reluctance to tighten monetary policy means that Chinese companies and consumers are changing their behaviour in the expectation of price rises, writes Karen Maley of Business Spectator.
US economy Gottliebsen: a damaging flood of US money
Recent economic statistics make you understand why the Chinese are so mad with the Americans. The US$600 billion QE2 money printing exercise is like pumping huge quantities of water down a blocked pipe without removing the blockage, says Robert Gottliebsen.
World markets take headshots over China inflation, Ireland meltdown
Since last Friday the world financial markets have taken some major blows.
Guy Rundle: Rundle: Kohler’s Marxing to a different drum
Alan Kohler has a subtle and dry wit not appreciated by everyone. So, in replying to his suggestion that the exchange rate of the Aussie and US dollar repudiates socialism, I will continue his joke and pretend he’s serious.
Kohler: Marx’s great capitalist creation
Australia’s currency revaluation to US99c last night is as much part of a disorderly global re-balancing and a repudiation of Marxism as a reflection of the stunning strength of the Australian economy.
Guy Rundle: China’s foot in the EU door makes everyone nervous
The government of Greece is in talks with the Chinese government, in the hope that the latter will buy up a large amount of Greece’s debt, thus staving off the possibility of default.
Why India’s booming economy will change the world
Despite the bad press that comes out of India - the Commonwealth Games hullabaloo, the nation’s notoriously stark divide between rich and poor - its economy is booming. Some predict India’s growth will even outpace China’s within 3-5 years, according to The Economist.
