Press Statement Hillary Rodham Clinton Secretary of State Washington, DC May 2, 2012 I am pleased that we were able to facilitate Chen Guangcheng’s stay and departure from the U.S. Embassy in a way that reflected his choices and our values. I was glad to have the chance to speak with him today and to… [Continue Reading]
Should China be bracing itself for a hard landing?
The China bears grow ever gloomier, while the bulls maintain their confidence. So will the world’s second largest economy see a hard landing in 2012 or can its leaders steer a steady course? Patrick Chovanec of Tsinghua University and Andrew Batson of Beijing-based consultancy Gavekal-Dragonomics debate. Patrick Chovanec and Andrew Batson guardian.co.uk, Thursday… [Continue Reading]
Fourth straight monthly fall in FDI
Foreign direct investment (FDI) shrank in February from a year earlier, the fourth straight fall, while investment from Europe witnessed a sharp decline, according to the Ministry of Commerce. Experts were not optimistic about the inflow of foreign investment into China as the European debt crisis continues and domestic economic growth slows down. FDI last… [Continue Reading]
China to Issue More Local GMT Bonds in H2 2010
July 13, China sold RMB 43.6 billion worth of local government bonds in the first half (1H) of 2010, down 73.6 from the RMB 165.9 billion sold in the same period last year, the Beijing News reported Tuesday, citing statistics from the National Association of Financial Market Institutional Investors (NAFMII). China plans to sell RMB… [Continue Reading]
Bo Xilai Removed from Office, Xinhua Says
March 15, Bo Xilai was removed from posts of Chongqing’s Party Secretary, the city’s member of standing committee and municipal party committee, Xinhua reported on Thursday, citing a decision by the central government. Zhang Dejiang will be Bo’s successor, the report said.
Will China Break?
Am I describing Japan at the end of the 1980s? Or am I describing America in 2007? I could be. But right now I’m talking about China, which is emerging as another danger spot in a world economy that really, really doesn’t need this right now. I’ve been reluctant to weigh in on the Chinese… [Continue Reading]
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 decreased, while the issue volume of policy bank bonds,… [Continue Reading]
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 center, pricing center as well as settlement center of Renminbi.… [Continue Reading]
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 their investment activities so as to seize more market… [Continue Reading]
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 annual record high. However,… [Continue Reading]


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