Monthly Archives: July 2010

What’s ahead for the economy?

Five experts look at the second half of 2010 The Chinese economy has been sandwiched between rising inflation and downturn risks. Its consumer price index (CPI) is expected to exceed the government target of 3 percent for the whole year, while the external shocks caused by European debt crisis and unstable US economic recovery add […]

Posted in Business |

Two-thirds of Chinese Web surfers catching the mobile wave

Yongye’s products boost farmers’ yields by up to 35 percent, Yu Tianyu reports   More and more Chinese are hooking into the Web on the move, with nearly two-thirds of Internet users going mobile. With the increasing popularity of devices such as the iPhone and the expansion of the third-generation network, more than 277 million […]

Posted in Life |

Toward a fair ratings system for the global market

A recent report by Dagong Global Credit Rating Co., Ltd., on the world’s sovereign credit status and its risks is a significant step by a non-Western entity to break the long-established monopoly of Western ratings agencies over the global credit ratings business. The report by China’s first domestic ratings agency covered 50 countries whose gross […]

Posted in Business |

Slowdown may ‘add more uncertainty’ to policymaking

A slowdown in the country’s economic growth in the second quarter may add more uncertainty to policymaking, but it will remain stable and new stimulus is unnecessary, Chinese economists have said. China’s gross domestic product (GDP) expanded by an impressive 11.1 percent year-on-year in the first six months, the National Bureau of Statistics (NBS) said […]

Posted in Politics |

Scandal-hit Foxconn sets sights inland

Central cities battle it out to lure electronics giant. Li Yuefeng in Henan, Zhang Yuchen in Shenzhen and Li Jing in Beijing report. Inland cities are in fierce competition to be part of Foxconn Technology Group’s huge repositioning plans, which were announced shortly after a series of suicides at the company’s South China plants. Zhengzhou […]

Posted in Business |

Nailing their colors to the mast

China’s treasure trove of seafaring knowledge is at the heart of a debate over the extent of their ancient voyages, Mike Peters reports A bright-eyed, middle-aged woman from the state of Virginia, United States, sits waiting for her next interview in a Beijing hotel lobby. She’s a retired social worker, a no-nonsense lady who speaks […]

Posted in People |