ChinaDailyNews,Week 8,2011
The End of China’s Cheap Denim Dream...on China’s denim industry and why the price of jeans may rise: More and more workers are choosing not to travel to the South to find work, preferring to try their luck at one of the new factories or construction projects popping up in inland China, where life is cheaper and they can be closer to their families. “It is becoming impossible to fin...
China’s unasked questions...written about China. Such as how China’s property market is overheating, or its exports unbalancing the world economy. So here are a few questions. When did private property ownership start in China? About a decade ago. Who owns most of the land? The Party (which of course gives them an enormous amount of tier 1 capital for the banking system
Beijing draws new round of vehicle licence lottery; competition becomes tougher BEIJING, Feb. 26 (Xinhua) — The traffic clogged Chinese capital Beijing Saturday conducted its second round of vehicle license lottery, from which 17,600 individuals and 4,000 offices were awarded plates. Competition became stiffer this month as only six in some 100 individual applicants Saturday got a chance to buy a new car, while last month nine...
Available: Chinese Tech for Putting Down Protest...equipped China is to prevent mass anti-government protests, you need only look at some of the security equipment that was being touted by Chinese companies at this week’s IDEX arms fair in Abu Dhabi. When China’s leaders crushed pro-democracy protests around Tiananmen Square in 1989, they sent in the army with tanks and live ammunition.
The Economist Compares Provinces with Countries...map matches China’s provinces and municipalities with different countries by GDP, GDP per capita, population and exports. Chinais now the world’s second-biggest economy, but some of its provinces by themselves would rank fairly high in the global league. Our map shows the nearest equivalent country. For example, Guangdong’s GDP