Chinese official refutes rumors about deteriorating business environmentGlobal TimesHe said that the discussions over China's business environment reflects multinational companies' emphasis on the Chinese market, but it does not mean that ...and more »
European shares gain for 2nd session on U.S. data
(Sep 6)
LONDON, Sept 6 (Reuters) - European equities extended the
previous session's gains on Monday, supported by banks, with
encouraging U.S. jobs data on Friday easing concerns about the
world's largest economy facing a double-dip recession.
China: Last phase of mudslide emergency relief operation
(Sep 6)
Source: Amity Foundation
Even 'low cost' housing hard for some to afford
(Sep 6)
(SHANGHAI) After months of anxious waiting, Wang Jinxia finally obtained a coveted spot in Shanghai's trial affordable-housing programme, but now the former factory worker is scrambling to pay for it.
Curb overcapacity in car production: official
(Sep 6)
(BEIJING) China should end preferential policies for automotive companies to curb overcapacity in an industry where sales jumped 55 per cent in August, a government official said.
China Property Bonds Rebound on Record Sales: Credit Markets
(Sep 5)
Bonds issued by China developers are rebounding from their worst first half in two years as a record $6.8 billion in offshore debt sales spurs confidence the borrowers have the resources to weather a slowing economy.
On shaky ground
(Sep 3)
The devastating mudslide in Zhouqu last month was far from a one-off, write Lu Zongshu and Tang Jing. Millions in China are threatened by geological disaster – and they need protection.On August 7, a huge
mudslide struck Zhouqu, in Gansu, western China. By August 16, more than 1,200 people had been declared dead and 490 were still missing. According to Xinhua news agency, this was the worst landslide in Zhouqu since records began, and possibly the worst in China for 60 years.
Zhouqu is one of China’s landslide hotspots. In recent decades, it has experienced many such disasters. Official records show that one of the areas worst affected this summer –
Sanyanyugou – was also hit by mudslides in 1978, 1989 and 1992. These events destroyed or damaged 842 buildings and killed or injured 196 people.
Last month’s mudslide happened at 10pm, following two hours of torrential rain. According to the meteorological authorities, 90 millimetres of water had fallen – a historical record. But it se...
Identifying, Measuring, and Taking Action on the Risks of China
(Sep 2)
Risk. Everyone in China is exposed to it. Some recognize it, and act on it, better than others This was the topic of several conversations between myself and Neal Beatty (Regional Director, Global Client Services for Control Risks). In some ways it was a followup to the interview I did of Dane Chamorro, his colleague, [...]