Economists puzzled by state of economy

    Policy makers hesitant about next step as money supply increases a lot A faster-than-expected increase in money supply and soaring bank credit but modest economic growth is an equation that has left Chinese monetary policy makers puzzled and hesitant about their next step. Any impulse to ease or tighten monetary policy at the moment may lead to irretrievably awful results as economists reveal their helplessness. Robert E. Hall and David [...]

    Build it up

    Governments around the world used to employ Chinese construction firms just to build bridges, railways and other infrastructure projects. But now they want them to invest in them and run them too. “In the past, we would just go abroad with machines and technical teams, building what customers wanted and waiting for the payment,” Zhao Hui, who has been working in infrastructure construction in Africa since 1998, told the Global [...]

Africa

Build it up

Governments around the world used to employ Chinese construction firms just to build bridges, railways and other infrastructure projects. But ...

1,072 Chinese gold miners return from Ghana

A total of 1,072 Chinese people working as gold miners in Ghana have returned to their homes in Shanglin County ...

Two new funds to boost trade with Africa

New initiatives to lift investment in the continent The China-Africa Business Council and the China-Africa Development Fund have decided to set ...

Asia / Pacific

Chinese man dies after eating poisonous yams in rural Sri Lanka

A Chinese man died and another admitted to hospital after eating a wild yam in rural Sri Lanka while they ...

Sino-Myanmese pipelines bring revenue and jobs but stir local concerns

According to the China National Petroleum Corporation (CNPC), the construction of a gas pipeline from Myanmar to China was completed ...

Chinese traders backing off North Korea as sanctions bite

Wang Chao (pseudonym), a finance official from Dandong's Foreign Trade Administrative Department, has been facing a dilemma of late. He ...

International Relations

Solutions offered to save national image tarnished by tour groups overseas

Working as an overseas tour guide for the past decade, Song Xiaobing has made two key observations: more and more ...

Chinese heat is on, but for how long?

It seems we are in an age when almost everyone can speak some Chinese. Many non-native speakers are even able ...

China commits to win-win development

China's hope for sustained peace and stability in this region and stress on dialogues and consultations for the sake of ...

Central & South America

Chinese firm gains right to build a shipping channel in Nicaragua

NICARAGUAN lawmakers have granted a 50-year concession to a Chinese company for it to design, build and manage a shipping ...

Nod for 3 GM types of Brazil soybeans

CHINA, the main buyer of Brazilian soybeans, has approved imports of three genetically modified varieties of the crop, to be ...

Mexico, China draw up tourism joint pacts

The governments of Mexico and China are currently drawing up several joint agreements on tourism following the recent visit of ...

Civil Society

Cropping out GM fears

Prior to officials from the Entry-Exit Inspection and Quarantine Bureau in Heilongjiang's provincial capital Harbin seizing and destroying 21 boxes ...

Doubts linger over Red Cross watchdog

A supervisory board for the scandal-ridden Red Cross Society of China (RCSC) Friday announced a code of conduct for its ...

NYU denies report about blind Chinese activist

Chinese blind activist Chen Guangcheng, who left China last year and became a visiting scholar at New York University (NYU), ...

Climate Change

Less carbon, less pollution

The spread of pollution following China's industry transfer from the developed eastern region to the less-developed central and western regions ...

China’s PV sector may see reshuffle: experts

Experts said China's photovoltaic (PV) sector may experience a new round of reshuffling amid fresh trade tensions with the European ...

China shows resolve, action against air pollution

The State Council, or China's cabinet, adopted a set of concrete measures to counter air pollution on Friday, demonstrating not ...

Labour

Job market blues

Fresh college graduates are finding it increasingly difficult to get a job. A recent study shows that the situation could ...

Balancing Paychecks

Wealth disparities provoke calls for income distribution reform Thirty-year-old Ye Lei had worked in a state-owned factory in her hometown Jiangxi ...

China hemorrhaging top talents

China is hemorrhaging top talents despite the nation now boasting the world’s largest team of human resources, xinhuanet.com reported on ...

Finance

Major banks reveal Central Huijin investment

China's four major state-owned banks on Monday revealed the amount of A-shares that Central Huijin Investment Ltd.purchased in them in ...

Why fear and loathing of an IPO?

It looks like everyone who has money in the Chinese stock market is IPO-phobic. Talk about the imminent ending of ...

Economists puzzled by state of economy

Policy makers hesitant about next step as money supply increases a lot A faster-than-expected increase in money supply and soaring bank ...