 |
China hints at aircraft carrier project
|
|
November 16, 2008 from: Financial Times |
|
By Mure Dickie and Martin Dickson |
|
Qian Lihua, director of the ministry's Foreign Affairs Office, said the world should not be surprised if China builds an aircraft carrier but Beijing would use such a vessel only for offshore defence.
|
|
|
China: the World's most stressful society
|
|
November 15, 2008 from: Newsweek |
|
By Melinda Liu |
|
Beijing is pumping more than half a trillion dollars into the Chinese economy in order to stave off unrest. It has good reason to worry. The murder of an American Olympic tourist by an unemployed Hangzhou man this August provides a clue into the unrest that seething just below the surface in China.
|
|
|
UN report: China should improve basic public services
|
|
November 17, 2008 from: Xinhua News Agency |
|
|
|
China should accelerate the equal provision of basic public services for all citizens, which is expected to have a big impact on sustained economic growth amid the global downturn, said a United Nations-sponsored report released on Sunday.
|
|
|
Domestic automakers scramble to survive as financial crisis hits China
|
|
November 6, 2008 from: Shanghai Securities News and translated by The China Perspective |
|
|
|
Industry experts expect the financial storm billowing out from Wall Street to increase the pace of consolidation in China's automotive industry as domestic firms struggle for survival.
|
|
|
Oppose Baidu!
|
|
November 18, 2008 from: Southern Metropolis Daily and translated by EastSouthWestNorth |
|
|
|
Baidu, the largest Chinese-language search engine, was accused of intervening in its search results on a massive scale, favoring its advertiser's links andfiltering out information for profit in a business model known as "blackmail marketing." As a result, the public is becoming increasingly dissatisfied with Baidu's business ethics, questioning its neutrality and accuracy.
|
|
|
China to pump 5.15 Billion yuan into agriculture
|
|
November 18, 2008 from: China.org.cn |
|
|
|
The Ministry of Agriculture has announced wew investments in rural infrastructure totaling 5.15 billion yuan ($750 million).
|
|
|
Major Chinese airlines to get cash injection
|
|
November 17, 2008 from: China.org.cn |
|
|
|
China Eastern Airlines and China Southern Airlines, two big players in China's civil aviation business, will each get a 3 billion yuan cash injection (about US$439 million) from the government.
|
|
|
Interest rate reduction proposed
|
|
November 14, 2008 from: China.org.cn |
|
|
|
Chen Daofu, an economist from the Development Research Center of the State Council, suggested that the interest rate could be further reduced, and the reserve requirement ratio be lowered once again.
|
|
|
China should learn from 1998
|
|
November 18, 2008 from: The Economic Observer Online |
|
|
|
China's 4 trillion yuan stimulus package may prevent its economic growth from slipping below 8%, and will ease concern over unemployment and other social problems. With that in mind, we hope that this year's stimulus plan will not be a copy of 1998's, whereby the government intensified its economic control, investment system reform was suspended, and private capital was squeezed out, though the economy maintained steady growth.
|
|
|
China may legalize private money lending
|
|
November 17, 2008 from: Dan Wei |
|
By Eric Mu |
|
Liu Ping, a vice director of the People's Bank of China (PBC), announced yesterday that a draft bill regarding the status of private lending has been submitted to the State Council for approval.
|
|
|
33 miners rescued from flooded Henan coal mine
|
|
November 18, 2008 from: Xinhua News Agency |
|
|
|
Rescuers saved 33 of the 34 miners trapped in a flooded coal mine in central China's Henan Province early Tuesday morning almost 23 hours after Monday's accident. One died.
|
|
|
Survey: Chinese basic scientific knowledge on rise
|
|
November 17, 2008 from: Xinhua News Agency |
|
|
|
A survey by the Chinese Association for Science and Technology (CAST) revealed that scientific and technological awareness has been increasing among Chinese citizens.
|
