SHANGHAI – Major Japanese firms have temporarily shut factories and offices in China after angry protests flared across the country, the result of a territorial dispute that has triggered one of China’s worst outbreaks of anti-Japan sentiment in decades.
Jiabao: “Fast growth and low fluctuation was the most salient feature of China’s economic growth” China’s Premier, Wen Jiabao, has told the World Economic Forum in Tianjin that his country is on track to hit growth targets for this year. He also called on international leaders to strengthen co-ordination and oppose trade protectionism during the…
President Hu said the underlying impact of the international financial crisis is far from over. Chinese President Hu Jintao has promised to maintain economic growth to support a global recovery, at the start of an Asia-Pacific summit in the Russian port city of Vladivostok.
The uncertain global economic environment has hurt demand for Chinese goods Continue reading the main story China’s Premier Wen Jiabao has warned that the country’s economy is under pressure and that it is facing problems that may last for some time.
BEIJING – China’s industrial output and fixed-asset investment are expected to show signs of picking up in data on Thursday, indicating that the economy is starting to stabilize after sliding for six straight quarters.
China has expressed “strong interest” in reinforcing its investments in the Philippines through the Aquino adminis-tration’s public-private partnership (PPP) initiative, signaling the improving economic ties between the two countries after a bungled telecommunications project and mishandling of a hostage-taking incident that killed eight Hong Kong tourists.
SHANGHAI – Many Chinese cities are raising minimum wages for workers, fanning inflationary pressures while also seeking to soothe frustrations over price hikes.
BEIJING — Reports about labor shortages, wage disputes, and wage increases for migrant workers in China have abounded of late. They naturally raised concerns, or expectations, that China’s labor-cost advantages may be disappearing.
BEIJING: China’s strong economic recovery is drawing much interest from economists, policymakers and media around the world as developed countries struggle to overcome the global downturn. Yet, common misunderstandings about China are increasing as more people unfamiliar with the country air their views. Inaccurate criticism of China’s exchange rate policy, investment environment and global warming…
ON JAN. 1, 2010, the China-Asean Free Trade Area (Cafta) went into effect. Touted as the world’s biggest Free Trade Area, CAFTA is billed as having 1.7 million consumers, with a combined gross domestic product of $ 2 trillion and total trade of $ 1.3 trillion.
I do not know if there were any last minute second thoughts but the schedule for making the China-ASEAN Free Trade Area (CAFTA) operational is Jan 1, 2010. I wrote a column last Dec. 14 that pointed out some of the dangers of this arrangement to Asean economies for so long as the Chinese yuan…
MANILA, Philippines – This is a reaction to the news article titled “Free trade bad for Asean, warns solon” last January 5. Aside from this the sectors that the China-Asean Free Trade Agreement (CAFTA) will primarily hit will be the millions of farmers and fisher folk in the region. It will also worsen the impact…
FIFTY years ago, this was the time for monetizing the sugar quedans. It was the middle of the milling season and the planters knew, more or less, the total tonnage of the year’s sugar crop. Then, the big planters would go to the usual destination, the car showrooms to order the latest models. Then, to…
On the edge of the Yellow Sea, bulldozers at Dalian’s sprawling new port plough the ground, paving the way for a second iron ore transport line. It will carry shipments of imported ore from China’s northeastern coast to steel mills in the interior. The air is dusty from mountains of black ore waiting to be…
China’s job outlook remains “very grave” and could deteriorate further, a senior official has said.
Senior Chinese officials will hold meetings with their opposite numbers from the Obama administration this week.
China loses low-cost manufacturing crown SHANGHAI: China has lost its position as the world’s lowest-cost components manufacturer to India and Mexico, a study indicated Wednesday, in a blow for the Asian giant as it fights the financial crisis.