Is China to blame for soaring global food prices? Not as much as everyone seems to think says Nicholas Lardy, an economist with the Peterson Institute of International Economics in Washington. Lardy is quoted in the second instalment of a five-part series on world food prices by NPR. And China's rice farmers certainly don't seem to be reaping the ben...

SA editor Judy Well rounds up the global impact of the US subprime crisis on Seeking Alpha. She cites an AFP report in which People’s Bank of China chief Zhou Xiaochuan claims China largely survived the fiasco. “The negative impact of the US subprime crisis on the domestic economy seems so far smaller than originally expected,” he said.Inte...