Economy & Trade

House of cards: the Beijing property market

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By Andy Scott Just how sustainable is the property market in Beijing? Rental and sales rates have gone through the roof in the past two years and only look to go higher as the Olympics nears. Land owners have already pushed the average rental rates 10 times more than normal. Don’t expect it to last. […]

Shenzhen and Hong Kong to open sixth border crossing

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The sixth border checkpoint between Hong Kong and Shenzhen has been given the go ahead according to Shenzhen party secretary Li Hongzhong. Talking one the sidelines of the Chinese Communist Party’s 17th National Congress in Beijing, Li said that both sides had reached an agreement to build the checkpoint, which connect Heung Wai in Hong […]

China’s glass ceiling

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By Chris Devonshire-Ellis SHANGHAI, Oct. 16 – The more I travel to that other billion plus populated Asian country, India, the more I become convinced China has hit a glass ceiling in its development. It’s tempting after 20 years in China to become a little blasé perhaps about the country, even a little cynical, yet […]

Brits get rich in China

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Britain’s Channel 4 has a series running in the UK called “Brits Get Rich in China” which details the fortunes or otherwise of three UK entrepreneurs that try their luck in the Chinese market. The series has now shown up on YouTube and is becoming the talk of the China-centric blogosphere with varied blogs from […]

Anyone for North Korea?

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By Chris Devonshire-Ellis BEIJING, Oct. 12 – Several years ago I visited North Korea as part of a business delegation with the Hong Kong General Chamber of Commerce. The mission was led by Dr. Eden Woon, now CEO China for Starbucks, then CEO of the Chamber, and previously – as an American CIA employee – part of […]

China Briefing: Saving energy one search at a time

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China’s economic boom and rapid urbanization has stretched the nation’s energy resources dangerously thin. It doesn’t help that more than 70 percent of that energy comes from inefficient, pollution belching coal-fired power plants either. And with more and more Chinese migrating to fast rising urban centers, trading their pitch forks and shovels for air conditioners […]

Shenzhen announces regulations on registration of processing trade enterprises

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SHENZHEN, Oct. 9 – Processing factories located in South China have until October 23 to decide if they want to register with the Shenzhen or local bureau of trade and industry if they want to retain their ability to import or export restricted materials should they decide to convert themselves into a foreign invested enterprise […]

Dalian High-Tech Industrial Zone shifts into high gear

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By Adam Livermore  DALIAN, Oct. 8 – Standing on a windswept hill overlooking the coastline of southern Dalian and looking towards the distant port town of Lushun, it is hard to visualize how the rolling rural landscape will look after it is swamped by the planned “silicon peninsula,” at least until you turn around and […]

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