China deal brings jobs hope to town with many on dole
An impoverished small town has reached a world-leading business deal that could bring millions of dollars worth of Chinese money into its district. A cornerstone of the businesses, which could create up to 900 jobs in a town of less than 10,000 people, is an unusual Chinese delicacy - sea cucumber. For the full...
China measures keep lid on house prices
China's property prices climbed at the slowest pace in six months last month as the Government clamped down on speculation to prevent asset bubbles and keep housing affordable. For the full story, click here
China Debate: This house believes China offers a better ...
Susan Shirk opens her argument with a curious claim: she seems to say that Americans who worry about the decline of the West and who "overestimate the strengths of the Chinese system" suffer from distorted vision. But then, pointing to Japan's breakaway growth two decades ago, she says that indeed, China's economic...
Contest of the century
A HUNDRED years ago it was perhaps already possible to discern the rising powers whose interaction and competition would shape the 20th century. The sun that shone on the British empire had passed midday. Vigorous new forces were flexing their muscles on the global stage, notably America, Japan and Germany. Their emergence...
Chinese venture capitalists invest in Lanzatech
Auckland-based biotechnology company Lanzatech said today it had attracted venture capital funding of US$18 million ($25 million) from investors led by China focused venture capital firm Qiming Ventures. For the full story, click here
'Made in China' - but for how long?
The Chinese horn, or vuvuzela, buzzed throughout the World Cup, which ended a week ago, bringing resounding success to Chinese manufacturers and showing the overwhelming 'Made in China' power to the world. For the full story, click here
Chinese workers take home larger pay packets
Northwest China's Qinghai province has announced that its minimum wage will increase by 28.8 percent on average beginning in September, becoming the 27th province in the country to make the move this year. For the full story, click here
China may introduce stimulus to boost imports
China has developed ways to increase imports such as the cancellation of quotas and will implement more as early as September, the National Business Daily reported, citing an unidentified official at the Ministry of Commerce. China's trade surplus for the first seven months reached $83.93 billion, down 21.2 percent over...
Chinese manufacturing feels the squeeze
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined, a survey showed yesterday. The state-affiliated China Federation of Logistics and Purchasing said its purchasing managers index, or PMI, fell to 51.2 in July from 52.1 in June....
Failure of nerve limits NZ to role of bit-player
JULY 19, 2010, must become a pivotal date in our history. We must mark it as the moment we finally realised we had to radically change the way we do business. If we don't, we will continue to limp along happy with the crumbs our current businesses throw off. For the full story, click here
The rising power of the Chinese worker
CHEAP labour has built China’s economic miracle. Its manufacturing workers toil for a small fraction of the cost of their American or German competitors. At the bottom of the heap, a “floating population” of about 130m migrants work in China’s boomtowns, taking home 1,348 yuan a month on average last...
Foreign Direct Investment in China Increases 19.6% in H1
Foreign direct investment into China rose 19.6 percent to US$51.43 billion in the first six months of 2010 the Ministry of Commerce announced in Beijing yesterday. Liu Yajun, the director of the ministry’s Foreign Administration Department, said that in June alone, China’s FDI rose 39.6 percent year-on-year to...
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