Linda Yueh

Linda Yueh Chief business correspondent

Welcome to Linda's Line – where I analyse key developments in global business and the world economy and how these affect our everyday lives

G20 summit: Much promised, less delivered

  • 16 November 2014
  • From the section Business

The G20 summit of world leaders has concluded with a communique, a fancy way of describing a joint statement, that has both delivered more, but also somewhat less, than expected.

Where they've delivered more is by putting issues such as climate change in the message from world leaders. Those weren't on the formal agenda as the host, Australian PM Tony Abbott, had nixed climate change, for one.

But, after US President Obama mentioned the urgency of dealing with climate change at a speech in Brisbane before the summit, it's unsurprising that it was discussed after all.

Ebola is also in the final statement.

So, the G20 didn't just focus on the purely economic issues. I wrote before about how most of these issues are linked to the world economy in any case.

Read full article G20 summit: Much promised, less delivered

The era of global government?

  • 13 November 2014
  • From the section Business

Here at the G20 summit, leaders representing 85% of world GDP are meeting in Brisbane, Australia.

It's not just the G20 group of world leaders who are meeting. Also here are the heads of the International Monetary Fund and World Bank. There's also the associated organisations, such as the B20 (business), C20 (civil society), L20 (labour), T20 (think tanks), and Y20 (youth).

Read full article The era of global government?

UK, Japan and 1% inflation

  • 12 November 2014
  • From the section Business
Japanese shoppers

The Bank of England (BoE) forecasts that price rises may fall below 1% temporarily over the next six months and won't hit the 2% target for perhaps 3 years.

So, the BoE now expects that the first interest rate rise could be delayed to next autumn. It means that inflation could be more than one percentage point below target and it would be the first time that the BoE governor has had to write a letter to the chancellor due to inflation being too low.

Read full article UK, Japan and 1% inflation

Is it a golden age for Chinese cinema?

  • 30 October 2014
  • From the section Business

Last year was a record year for the global box office, earning $35.9bn (£22.4bn) in revenues - and it was largely due to China.

Chinese box office receipts have grown at more than 30% per year for the past decade, coinciding with China becoming a middle-income country. And there's tremendous room to grow.

Read full article Is it a golden age for Chinese cinema?

Designed in China - coming to a store near you?

  • 27 October 2014
  • From the section Business
Models present creations for Masha Ma in Paris
Chinese designers like Masha Ma are hitting runways around the world

All this month, the BBC is looking at the question of whether China can transform itself from the factory of the world into an innovative centre.

I've been travelling across China to see if it's possible for Made in China to become Designed in China.

Read full article Designed in China - coming to a store near you?

Rule of law v rule of Party

  • 24 October 2014
  • From the section Business
Plaques of Chinese leaders
China's legal system is not independent and its lawmakers are part of the body that governs China

Reforming the rule of law is the aim of the secretive Fourth Plenum that has just taken place in Beijing. It's otherwise known as the annual exercise in rune-reading of what the top Chinese leaders are planning.

As disclosed through various state media announcements since this summer, China wants to overhaul its massive legal system with 200,000 judges, 3,500 courts, but zero independence.

Read full article Rule of law v rule of Party

Softening China's growth target

  • 21 October 2014
  • From the section Business
A man stands in Tiananmen Square (20 Oct 2014)
China's economic growth slowed to its lowest in more than five years in the third quarter

China's Premier Li Keqiang, Finance Minister Lou Jiwei and others have laid the groundwork over the past year to soften the growth target for GDP that has been in place since the first Five Year Plan under central planning over half a century ago.

While reiterating that the government's growth target of 7.5% can be met, the phrase "around" has been added to the target in various speeches and a range of 7.2-7.3% growth has been mentioned as being sufficient to meet the goal of creating jobs.

Read full article Softening China's growth target

Can Huawei become China's first global brand?

  • 17 October 2014
  • From the section Business
Huawei logo

Chinese goods are everywhere it seems. But few are name brands and most are associated with being cheap consumer electronics or white goods.

But one company is seeking to change that. Huawei may not be a name that many people in the West are familiar with, but that could be about to change.

Read full article Can Huawei become China's first global brand?

Huawei boss says US ban 'not very important'

  • 16 October 2014
  • From the section Business

The boss of the world's largest telecommunications company, Huawei, says that he is confident of realising the group's global ambitions even without the US market.

The Chinese firm is banned from bidding for US government contracts because of concerns over espionage.

Read full article Huawei boss says US ban 'not very important'

Renewed deflation worries

  • 15 October 2014
  • From the section Business
Dollar bills of various currencies

Inflation is nearly at five-year lows in major economies. In other words, price rises are as weak as during the global recession. It doesn't mean that we are returning to recession, but it raises the danger of deflation once again.

When prices fall, it can be hard to get out of a deflationary trap, as has been seen in Japan which has coped with deflation for more than 15 years. It's because consumers put off purchases if they think that prices will be cheaper in the future.

Read full article Renewed deflation worries

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About Linda

As chief business correspondent, Linda focuses on the changing nature of global business and how it affects our everyday lives. She is the presenter of Talking Business with Linda Yueh on BBC World News. She is particularly interested in the emergence of China as the world's second largest economy, and unlocking what it means for the global economy. She travels globally to uncover new perspectives.

Linda has maintained her academic links as a fellow of St Edmund Hall, University of Oxford, as an adjunct professor at London Business School, and as a visiting professor at Peking University. She was previously economics editor at Bloomberg TV and a corporate lawyer resident in New York, Beijing and Hong Kong. She is also the author of several books.

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