By Nicholas Hopper
Jul. 20 – China’s real estate market has seen massive development since it’s opening to private investors in the late 1990s. This rapid development, not unlike that seen in the United States before the 2008 crisis, is a risky one for several reasons, which we get into below.
For one, the disproportional value of real estate prices compared to the average citizen’s wages and standard of living has become cause for concern in today’s China. This can be seen when comparing office rental prices across various locations to each country’s GDP per capita, as illustrated by the graph below. Continue reading
By Yao Lu
Jul. 5 – To accelerate the transformation of China’s economic development model and strengthen the country’s energy saving and emission reduction efforts, China’s State Council issued “The 12th Five-Year Development Plan for the Energy Saving and Environmental Protection Industry (guofa  No. 19, hereinafter referred as ‘the Plan’)” on June 16. The plan outlines the current status of the energy saving and environmental protection industry in China, as well as identifies the key fields within the sector. Moreover, the plan points out the current problems facing the industry and offers possible solutions. Continue reading
By Jochen Schanbacher
Jun. 27 – Not many foreigners are brave enough to start a company in China, especially an internet business. Willing to try are the people of Yunio (云诺), who have created a cloud storage service much like Dropbox, but with an advantage the competition doesn’t have: access to the Chinese market. I recently had the pleasure of meeting Yunio’s Founder Chris Mathews and Operations Director Joey Gu in their office here in Shanghai.
“If you were to put the creation of an internet startup into a video game, setting up in Silicon Valley would be like playing on ‘normal’ mode while creating a company in China is like playing on ‘difficult’ mode,” according to Chris, who has experience doing both. “Every aspect of a tech startup is tougher in China than in the United States – from the regulatory environment to the inherent limitations of the Chinese internet backbone – and you are doing it all on your own.” Continue reading
Jun. 11 – China will cut tariffs on 700 types of imported goods this year with the purpose of reforming the country’s foreign trade structure, according to Jia Kang, head of the Ministry of Finance’s Institute of Fiscal Science. The Chinese-language Economic Information Daily first reported Jia’s remarks, which were made during the China Top 500 Foreign Trade Enterprises Forum 2012 held in Ningbo on Sunday night. Continue reading
May 24 – China’s Ministry of Rail has released plans to permit private investment into the country’s rail sector on a massive scale. The Ministry is struggling with huge debts, corruption issues and a series of high profile accidents, and is at the same time under pressure to expand China’s rail network and investment. Private investors will be encouraged to bid for contracts, establish subsidiaries that may list on stock markets, and permit pension funds to invest in rail as an investment, the Ministry said in a policy document released last Friday. Continue reading
By Sofia Liska
May 22 – The U.S. Commerce Department has imposed tariffs of 31 percent to 250 percent on Chinese solar panels, upsetting American solar panel installers, Chinese solar panel manufacturers, and Chinese officials. In doing so, the U.S. government effectively sided with solar panel manufacturer SolarWorld Industries America, who claimed that Chinese companies were dumping their under-priced and illegally subsidized solar panels onto the U.S. market.
The United States had already imposed a tariff in March of between 2.9 percent and 4.73 percent in order to offset the illegal government subsidies received by Chinese solar panel manufacturers, but American solar panel manufacturers were not satisfied. Continue reading
Posted in Business, Economy and Politics, FDI and Foreign Trade, Science and Tech, Technology
Tagged China Exports, China Green Energy, China Solar Panels, China Trade, Chinese Solar Panels, Green Energy, SolarWorld Industries America, Suntech, Trina Solar, U.S. Anti-Dumping Tariffs, U.S. Department of Commerce
U.S., Chile, Australia as well as old world wines all generating increasing market shares as China develops new tastes
Op-Ed Commentary: Chris Devonshire-Ellis
May 21 – China is a country that continues to surprise, even 20 years after I first established my business there. Back in 1992, drinking coffee was limited to the few hotels that even had such a thing as a Nescafe sachet. Last October, Starbucks opened its 500th store, not bad going for a nation once considered purely tea drinkers. The same story, that of changing consumer tastes, has filtered across many F&B markets, not least with wine. In 1992, red wine would be drunk as a highball with coke, and white wine with 7Up. While that may be understandable given the general quality of wine in China at the time, that is not the case today, and rather like the coffee phenomena, wine consumption has sky rocketed and continues to do so. Continue reading
May 10 – In order to create a healthy environment for the development of China’s international freight transportation industry and to establish a regulatory system for business operations, the Ministry of Commerce issued the “Administrative Measures for Foreign-Funded International Freight Transportation Agency Enterprises (Order of the Ministry of Commerce  No.19, hereinafter referred as the ‘Measures’) in 2005.
According to the Measures, foreign investors are allowed to establish foreign-funded international freight transportation agencies in China in the form of a joint venture or cooperation. From December 11, 2005, solely foreign-owned international freight transportation agencies are allowed in China with a minimum registered capital of US$1 million. Foreign investors may acquire established international freight transportation agencies through stock equity purchases. However, the ratio of the equity and investors’ qualifications shall comply with the requirements prescribed in the Measures. Relevant laws and regulations shall be followed if state-owned assets are involved. Continue reading