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Double dipping in 2010
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April 13, 2009 from: Caijing Magazine |
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By Andy Xie |
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Asset prices have started to climb again, but their rise stems from a bear-market bounce, opening the door for a second global dip in 2010.
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A shift is needed, but not overnight
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April 13, 2009 from: The Economic Observer Online |
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China needs to transition from being an export-driven economy to a consumption-driven one, but it cannot happen overnight. Getting through the crisis means finding a middle road.
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China's fiscal revenue down 0.3% in March
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April 13, 2009 from: Xinhua News Agency |
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China's Ministry of Finance (MOF) said Monday that fiscal revenue fell 0.3 percent from a year earlier to 440.22 billion yuan (64.43 billion U.S. dollars) in March.
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POSCO seeks 50% iron ore price cut
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April 13, 2009 from: China.org.cn |
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By Yan Pei |
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POSCO, the world No. 4 steelmaker, proposed a 50 percent cut in iron ore prices last Friday, the China Business News reported Monday.
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China's loan growth may bust target
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April 14, 2009 from: Shanghai Daily |
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By Leo Zhang |
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China's commitment to a loose monetary policy will likely generate as much as 8 trillion yuan (US$1.17 trillion) in new loans this year--well above the 5 trillion yuan target, analysts said.
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Vanke eyes 4% market share by 2014
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April 13, 2009 from: The China Perspective |
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By TONY JIN |
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China Vanke Co Ltd., the nation's biggest property developer, will endeavor to bring its current 2.34% market share to 4% within 5 years, chairman Wang Shi told a shareholder's meeting held last Friday.
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China travelers to U.S. up 28% in Jan
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April 13, 2009 from: Caijing Magazine |
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By Lin Ruixuan |
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The appreciating value of the yuan against the dollar has made sightseeing in the U.S. more attractive for Chinese tourists.
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A fresh model for public accountability
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April 10, 2009 from: Caijing Magazine |
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By S. Philip Hsu |
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Leaders in a Zhejiang Province city have found a new way to manage at least some government affairs with citizen input.
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1 missing, 3 rescued after copter crashes
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April 13, 2009 from: China Daily |
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A helicopter carrying four people crashed into the Yangtze River near Shanghai soon after taking off from an Antarctic expedition ship anchored in the harbor, leaving three injured and the other missing.
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Panacea for a pressing healthcare predicament
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April 14, 2009 from: China Daily |
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By Qin Xiaoying |
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Under current circumstance, the role of public welfare provider that Sate-run hospitals should have played has given way to their profit-pursuing impulse.
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