Other Briefings
China Loses Trade Dispute with the United States
Jul. 24 – The World Trade Organization has ruled in favor of the United States over a dispute that accused China of breaking international trade rules by restricting the distribution of American CDs, DVDs, books and computer software to Chinese state-owned companies, reports The Associated Press. Two officials familiar with the ruling, speaking to the […]
Around Asia: Jul. 23
Jul. 23 – A weekly look at China and related influential regional news. ASEAN Ratifies New Human Rights Commission The Association of Southeast Asian Nations (ASEAN) has agreed to the formation of a new human rights body that was ratified this week and will be implemented in October.The group has come under repeated criticism over […]
Half Of China’s Judiciary “Have No Legal Training”
Jul. 23 – According to a survey, 14 out of 30 provincial chief justices have had no legal training, reports the South China Morning Post. Of the judges participating in the survey, 14 possessed no prior legal training or experience working in China’s court system prior to their appointments. The survey participants had all been […]
A Look at China’s Half Year Report
By Jie Gong SHANGHAI, Jul. 23 – China’s National Bureau of Statistics has just released its latest economic figures this month and it paints a picture of how the country has fared thus far with half the year already over. China Briefing has compiled the official economic figures announced by various government agencies in a […]
Shenzhen Government Lowers Average Salary Benchmark
SHENZHEN, Jul. 23 – The Labor and Social Security Bureau has lowered the average pay scale in the city for the first time since 1999 in a salary reference document for employers released last Monday. According to Shenzhen Daily, the average salary in the city decreased by 3.8 percent to RMB2,750 per month compared to […]
Shanghai Expo 2010: The U.S. Pavilion
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships […]
Beijing Orders Banks To Increase Bad Debt Reserves
Jul. 22 – The chairman of China’s Banking Regulatory Commission (CBRC), Liu Mingkang, has told all mainland-based banks, and some overseas banks such as HSBC and Citigroup to increase their bad-debt loan reserves by 150 percent by the end of this year. That means that banks are now being required to be set aside an […]
U.S. Buyers Influencing China’s Manufacturing Moves to Latin America
By Chris Devonshire-Ellis Jul. 21 – As the global economy further integrates and the price of oil looks set to gain in the long-term, U.S. buyers, are realizing that they are generating the upper hand over Chinese manufacturers in supplying products to the United States. A seismic shift is occurring as buyers plan the next […]
