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China's Bad Debt

Government Initiated    China's local governments have taken on more than 5 trillion Yuan in debt in all by the end of May, 2009, higher than their annual
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Chinese Crisis - A rock and a hard place

What China is facing Chinese Premier Wen Jiabao recently commented that in China, “The domestic economy still faces some prominent problems,” in a speech in Beijing to ...
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Business News Briefs

  103% housing price soar, 45% occupancy in Shenzhen In the city of Shenzhen, China, housing price have climbed 103% compared with last year while average occupancy ...
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Business news briefs

WTO confirms finding against China’s treatment of certain copyright-intensive products On December 21, 2009, the WTO Appellate Body rejected China's appeal, upholding its previous decision that ...
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Business news briefs

Natural gas shortage in some China provinces A natural gas shortage has hit many cities in China. According to China National Petroleum Corporation (CNPC), the supply ...
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Business news briefs

Major economic turbulance in China? A financial crisis may break out in China due to excessive investment, according to Choong Soo Kim, the Ambassador and Permanent ...
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Chinese-character domain names go online soon

On November 16th, the CNNIC (China Internet Network Information Center) officially submitted a request to ICANN (Internet Corporation for Assigned Names and Numbers), to register ...
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China’s economy at risk

Last week in a television interview Bill Gross, who manages one of the largest bond funds, commented that economic growth in China would probably be ...
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US imposes record high anti-dumping duties on China

The U.S. Commerce Department announced on November 5th that it would begin to impose anti-dumping duties on oil pipes from China. The rate could reach ...
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IMF calls for Chinese Yuan (CNY) appreciation

Dominique Strauss-Kahn, managing director of International Monetary Fund (IMF) called on China to appreciate its currency against the dollar. In order for the global economy ...
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