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]
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 residents. Some Hong Kong residents and scholars also expressed their disagreement… [Continue Reading]
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Loading ...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]
(3 votes, average: 4.67 out of 5) Loading ...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]
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