IN contrast to the slump in other parts of the world, China＇s auto industry is holding fast to brisk growth. However, overseas orders for auto parts are slumping, and trade protectionism is rearing its ugly head.
C·Fred Bergsten, director of the Peterson Institute for International Economics, is a notable on Capitol Hill. He is often seen testifying before U.S. Congressional committees and is influential with decisionmake...C·Fred Bergsten, director of the Peterson Institute for International Economics, is a notable on Capitol Hill. He is often seen testifying before U.S. Congressional committees and is influential with decisionmakers crafting America＇s financial and foreign policies.展开更多
ARRIVING in Shanghai by sea,you see Shanghai Port,like other busy world ports,teeming with con-tainers,hoists,and large cargo ships from all corners of the earth.Shanghai Port has the world’s largest cargo han-
IN China it is common that the company position of a businessperson is given a prime spot on their business card, but not in Wenzhou. Natives of this city reserve the conspicuous slot for their titles within an entire...IN China it is common that the company position of a businessperson is given a prime spot on their business card, but not in Wenzhou. Natives of this city reserve the conspicuous slot for their titles within an entire industry group,展开更多
THROUGH all the years he has held his post, Wang Ji has been on a never-ending hunt for potential investors. As chief of the Domestic Investment Promotion Department at the Xi’an Hi-tech Industrial Park in Shaanxi Pr...THROUGH all the years he has held his post, Wang Ji has been on a never-ending hunt for potential investors. As chief of the Domestic Investment Promotion Department at the Xi’an Hi-tech Industrial Park in Shaanxi Province, he has long struggled to attract展开更多
YANG Ruiqing, head of the Foreign Trade and Economic Cooperation Bureau of Altay, Xinjiang, got a call from Kazakhstan on the first of June this year. ＂Our vegetable supplies are low, pushing the prices sky high. Wou...YANG Ruiqing, head of the Foreign Trade and Economic Cooperation Bureau of Altay, Xinjiang, got a call from Kazakhstan on the first of June this year. ＂Our vegetable supplies are low, pushing the prices sky high. Would you mind giving a produce fair by the end of the month to cool down the market a bit？＂ At the other end of the line was Chief of the Foreign Trade Administration for East Kazakhstan State. Before the local harvest season, vegetables there are always several times more expensive than those in neighboring Xinjiang. Yang routinely receives calls for help from his Kazakhstani counterpart at this time of the year.展开更多
THE Interim Measures on the Administration of Initial Public Offering (IPO) and Listing on Growth Enter-prise Market (GEM) were released by the China Securities Regulatory Commission (CSRC) on March 31 and took effect...THE Interim Measures on the Administration of Initial Public Offering (IPO) and Listing on Growth Enter-prise Market (GEM) were released by the China Securities Regulatory Commission (CSRC) on March 31 and took effect on May 1.展开更多
KEEPING up with the Joneses" is actually driving a whole economic sector: new housing construction and renovations. The f irst document issued by the Chinese government in 2010 said that effective measures shall ...KEEPING up with the Joneses" is actually driving a whole economic sector: new housing construction and renovations. The f irst document issued by the Chinese government in 2010 said that effective measures shall be taken to promote rural home owners upgrading their residences.展开更多
On January 1, 2009. China again increased its export tax rebate rates for 553 types Of mechanical and electrical products with high technical content and added value.According to the relevant department in the Ministr...On January 1, 2009. China again increased its export tax rebate rates for 553 types Of mechanical and electrical products with high technical content and added value.According to the relevant department in the Ministry of Finance, this adjustment is another component in China＇s proactive policy response to the current volatile展开更多
IN Wenzhou, waxberries are about to ripen in May on the hill of Jiedai Village, Lecheng Town, Yueqing City. An old man named Huang, owner of the hilly orchard, is full of excitement about the coming harvest. Several y...IN Wenzhou, waxberries are about to ripen in May on the hill of Jiedai Village, Lecheng Town, Yueqing City. An old man named Huang, owner of the hilly orchard, is full of excitement about the coming harvest. Several years ago, no one dared to展开更多
CHANG Weiguang is a postgraduate majoring in electronic engineering at the Beijing University of Aeronautics and Astronautics. When he received an admission letter for a doctor’s degree from Canada’s McGill Universi...CHANG Weiguang is a postgraduate majoring in electronic engineering at the Beijing University of Aeronautics and Astronautics. When he received an admission letter for a doctor’s degree from Canada’s McGill University, the fi rst thing he thought of was telling Yu Shufan. Like many others, Chang owes his education to Yu’s philanthropic efforts.Yu funded Chang from his fi rst year of college in 2001. "She is very kind," he says fondly. Yu not展开更多
HOU Zhiming has been listening to women’s voices on the hotline that she monitors for almost 15 years. As Hou says, “The many calls I receive each day are about love and marriage, sexual harassment, domestic violenc...HOU Zhiming has been listening to women’s voices on the hotline that she monitors for almost 15 years. As Hou says, “The many calls I receive each day are about love and marriage, sexual harassment, domestic violence, employ-ment, and psychological problems.”展开更多
Chinese people continue their efforts to protect the environment.These days even the slightest negative variance on the environmental index is cause for national concern.Many motorists voluntarily forgo driving their ...Chinese people continue their efforts to protect the environment.These days even the slightest negative variance on the environmental index is cause for national concern.Many motorists voluntarily forgo driving their vehicles in the knowledge that exhaust fumes and particulate matter are major culprits of air pollution.They opt instead for the environmentally friendly, not to mention physical exercise conducive,bicycle.展开更多
Consistent strengthening of stock market regulation and order is making Chinese investment behavior less speculative and more rational.By October 2007,the stock market index had skyrocketed to 19,000 points from its e...Consistent strengthening of stock market regulation and order is making Chinese investment behavior less speculative and more rational.By October 2007,the stock market index had skyrocketed to 19,000 points from its early 1996 low of 924.33 points.China's sustained 9 percent or more annual economic growth is an acknowledged factor in this huge rise.展开更多
EVERY street we walked down, the locals would greet us by chanting "China, China" in the Creole dialect," wrote Zhong Jianqin in his diary. "We are here to help, but also helping to deepen the Hait...EVERY street we walked down, the locals would greet us by chanting "China, China" in the Creole dialect," wrote Zhong Jianqin in his diary. "We are here to help, but also helping to deepen the Haitian people’s understanding of展开更多
I am a staunch supporter of free trade. When the f inancial crisis was spreading far and wide, trade protectionism did not dissipate; rather, it got worse. All countries should be fully alarmed
THERE is an old Chinese saying, "A man’s greatest woe is entering the wrong trade; a woman’s is marrying the wrong man." In that case, in an era where both men and women, married and single, need to work, ...THERE is an old Chinese saying, "A man’s greatest woe is entering the wrong trade; a woman’s is marrying the wrong man." In that case, in an era where both men and women, married and single, need to work, women must be cautious on both counts.展开更多
THE Zhangmutou Township government of Dongguan City, Guangdong Province announced on October 16, 2008 in a notice pinned to the Hejun Toy Factory gate that the company had gone into liquidation. The notifi cation was ...THE Zhangmutou Township government of Dongguan City, Guangdong Province announced on October 16, 2008 in a notice pinned to the Hejun Toy Factory gate that the company had gone into liquidation. The notifi cation was accompanied by a few wanted ads for workers at other local enterprises.The Hong Kong-invested toy factory of more than 6,000 employees had been declared bankrupt a few days earlier. News of the factory’s closure sent ripples of foreboding through the many other enterprises in Dongguan, a city synonymous with manufacturing.展开更多
文摘IN contrast to the slump in other parts of the world, China＇s auto industry is holding fast to brisk growth. However, overseas orders for auto parts are slumping, and trade protectionism is rearing its ugly head.
文摘ON March 31,only one week after Google cited Internet censorship as the reason for moving its search engine from China’s mainland to Hong Kong,the Mi-
文摘C·Fred Bergsten, director of the Peterson Institute for International Economics, is a notable on Capitol Hill. He is often seen testifying before U.S. Congressional committees and is influential with decisionmakers crafting America＇s financial and foreign policies.
文摘ARRIVING in Shanghai by sea,you see Shanghai Port,like other busy world ports,teeming with con-tainers,hoists,and large cargo ships from all corners of the earth.Shanghai Port has the world’s largest cargo han-
文摘IN China it is common that the company position of a businessperson is given a prime spot on their business card, but not in Wenzhou. Natives of this city reserve the conspicuous slot for their titles within an entire industry group,
文摘THROUGH all the years he has held his post, Wang Ji has been on a never-ending hunt for potential investors. As chief of the Domestic Investment Promotion Department at the Xi’an Hi-tech Industrial Park in Shaanxi Province, he has long struggled to attract
文摘YANG Ruiqing, head of the Foreign Trade and Economic Cooperation Bureau of Altay, Xinjiang, got a call from Kazakhstan on the first of June this year. ＂Our vegetable supplies are low, pushing the prices sky high. Would you mind giving a produce fair by the end of the month to cool down the market a bit？＂ At the other end of the line was Chief of the Foreign Trade Administration for East Kazakhstan State. Before the local harvest season, vegetables there are always several times more expensive than those in neighboring Xinjiang. Yang routinely receives calls for help from his Kazakhstani counterpart at this time of the year.
文摘THE Interim Measures on the Administration of Initial Public Offering (IPO) and Listing on Growth Enter-prise Market (GEM) were released by the China Securities Regulatory Commission (CSRC) on March 31 and took effect on May 1.
文摘KEEPING up with the Joneses" is actually driving a whole economic sector: new housing construction and renovations. The f irst document issued by the Chinese government in 2010 said that effective measures shall be taken to promote rural home owners upgrading their residences.
文摘On January 1, 2009. China again increased its export tax rebate rates for 553 types Of mechanical and electrical products with high technical content and added value.According to the relevant department in the Ministry of Finance, this adjustment is another component in China＇s proactive policy response to the current volatile
文摘IN Wenzhou, waxberries are about to ripen in May on the hill of Jiedai Village, Lecheng Town, Yueqing City. An old man named Huang, owner of the hilly orchard, is full of excitement about the coming harvest. Several years ago, no one dared to
文摘CHANG Weiguang is a postgraduate majoring in electronic engineering at the Beijing University of Aeronautics and Astronautics. When he received an admission letter for a doctor’s degree from Canada’s McGill University, the fi rst thing he thought of was telling Yu Shufan. Like many others, Chang owes his education to Yu’s philanthropic efforts.Yu funded Chang from his fi rst year of college in 2001. "She is very kind," he says fondly. Yu not
文摘HOU Zhiming has been listening to women’s voices on the hotline that she monitors for almost 15 years. As Hou says, “The many calls I receive each day are about love and marriage, sexual harassment, domestic violence, employ-ment, and psychological problems.”
文摘Chinese people continue their efforts to protect the environment.These days even the slightest negative variance on the environmental index is cause for national concern.Many motorists voluntarily forgo driving their vehicles in the knowledge that exhaust fumes and particulate matter are major culprits of air pollution.They opt instead for the environmentally friendly, not to mention physical exercise conducive,bicycle.
文摘Consistent strengthening of stock market regulation and order is making Chinese investment behavior less speculative and more rational.By October 2007,the stock market index had skyrocketed to 19,000 points from its early 1996 low of 924.33 points.China's sustained 9 percent or more annual economic growth is an acknowledged factor in this huge rise.
文摘EVERY street we walked down, the locals would greet us by chanting "China, China" in the Creole dialect," wrote Zhong Jianqin in his diary. "We are here to help, but also helping to deepen the Haitian people’s understanding of
文摘I am a staunch supporter of free trade. When the f inancial crisis was spreading far and wide, trade protectionism did not dissipate; rather, it got worse. All countries should be fully alarmed
文摘THERE is an old Chinese saying, "A man’s greatest woe is entering the wrong trade; a woman’s is marrying the wrong man." In that case, in an era where both men and women, married and single, need to work, women must be cautious on both counts.
文摘THE Zhangmutou Township government of Dongguan City, Guangdong Province announced on October 16, 2008 in a notice pinned to the Hejun Toy Factory gate that the company had gone into liquidation. The notifi cation was accompanied by a few wanted ads for workers at other local enterprises.The Hong Kong-invested toy factory of more than 6,000 employees had been declared bankrupt a few days earlier. News of the factory’s closure sent ripples of foreboding through the many other enterprises in Dongguan, a city synonymous with manufacturing.
