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CONTRADICTIONS BETWEEN HONG KONG RESIDENTS AND MAINLAND RESIDENTS INTENSIFY: HONGKONG MEDIA PUBLISHED A FULL PAGE ADVERTISEMENT TO RAIL AGAINST MAINLAND PREGNANT WOMEN

A Hong Kong newspaper put up a full page advertisement on Feb 1st 2012, aggressively protesting against the influx of mainland pregnant women and insinuating mainland residents as grasshoppers. Some media think this action will intensify the contradictions between Hong Kong residents and mainland residen...

2011 China Financial Market Performance (Full Text)

2011 Financial Market Performance released by the People’s Bank of China on 2011-01-31 shows that the bond market issued 7.8 trillion yuan of denominated bonds in 2011, decreasing by 20.4% year-on-year. Compared with the previous year, the issue volume of government bonds and central bank bills decrea...

China First Published the Detailed Planning of “12th Five-Year Plan” – Aiming to Build Shanghai into an International Financial Center

China first published the detailed planning of building Shanghai into an international financial center from 2011 to 2015. The concerned official from National Development and Reform Commission said on Jan 30th, 2012 that it strived to establish Shanghai as the global product innovation center, trading c...

China vs. USA: A New Cold War?

Recently, USA published the new military strategy, abandoning the ‘two-war’ strategy  and adopting the ‘one-plus’ strategy. USA will focus the military services on Asia so as to contain the emerging China. In such a strategy, will an inevitable rivalry and a new cold war happen between China and USA? ...

Nestle Will Invest RMB 2.5 Billion to Build Its Largest Milk Supply Base in China

Lingomedium Translation Company : In recent years, Chinese dairy industry has been frequently involved in safety problems, which greatly weakens the consumer enthusiasm and stirs up consumers’ sensitive nerve; at the same time, some oversea enterprises have cast eyes on China and planned to speed up t...

China’s Trade Surplus Has Narrowed for Three Consecutive Years and China’s Foreign Trade Situation Will Remain Serious in 2012

On Jan 10th, the General Administration of Customs presented China’s im-export situation of 2011. According to the data, the gross value of China’s import & export of 2011 was USD 3,642.06 billion (RMB 22.9 trillion), increasing by 22.5% over the same period last year and the total volume hit a new a...

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