Economy & Trade

China Industry Report: Dec. 18

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Dec. 18 – This is a regular series of relevant industry news from around China. Wind power A wind power plant funded by Datang International Power Generation Co Ltd. will begin operations by April 2009. The first of the 33 wind turbines in Yellow River Delta Region is ready to commence operations. The RMB660 million […]

AmCham Shanghai Launches 2008 China Business Report

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SHANGHAI, Dec. 17 – The American Chamber of Commerce in Shanghai launched their 2008 China Business Report today, based on an online survey answered by 238 U.S.-based companies doing business in the country. The survey, conducted prior to the eruption of the global credit crisis in September and October of this year prior, provides a […]

China Sector Watch: Real Estate

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This is the first of a regular series that will take an in-depth look at the industries that are shaping Chinese economy today. By Joyce Roque Dec. 17 – In the 30 years since Deng Xiaoping instituted reforms, the concept of investing in real estate remains relatively new. In 1978, Deng led reforms in the […]

China in Asia Regional Round Up: Dec. 16

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Dec. 16 – Here is how China has been reported across the region over the past week. Asia Remains Top Global Outsourcing Destination As companies begin to downsize and trim the fat globally, they are looking at outsourcing many operations to lower cost destinations. India and China continue to remain top destinations for companies looking […]

Overseas Banks Reneging on China FDI Commitments

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Dec. 16 – Several international banks are reneging on previously agreed financing for multinational clients to secure investment capital for overseas expansion, said Chris Devonshire-Ellis, the senior partner of Dezan Shira & Associates. Citing several recent examples, he explained that some businesses, already committed to licensing and approvals processes in China, were now finding that […]

Taiwanese Businesses to Invest US$2.9 Billion in Tianjin

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Dec. 16 – A top official from the Tianjin municipality said that Taiwanese businesses will invest RMB20 billion or around US$2.9 billion in the city mainly in the manufacturing, agriculture and service industries. Ren Xuefeng, the vice-mayor of Tianjin, told China Daily that the investment will include 22 joint projects. Wang Shupei, director of Tianjin […]

China Raises Money Supply to Help Liquidity

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Dec. 15 – China’s State Council has announced that it would increase money supply growth from 16 percent to 17 percent to stabilize the capital market and aid the slowing economy. The new figure is 3 to 4 percentage points above the total growth of economic output and consumer prices. The measure comes three days […]

Hong Kong Bird Flu Alert Status ‘Serious’

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HONG KONG, Dec. 12 – The Hong Kong government has raised the alert status for Avian Influenza to “serious” after the H5N1 virus was found in chickens on a poultry farm in the New Territories. Avian Influenza, more commonly known as bird flu, can spread to humans and is often fatal, with outbreaks occurring in […]

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