Worse Than 2008

    Chinese SMEs should prepare for an even bumpier ride ahead In 2012, Chinese enterprises will be confronted with unprecedented challenges, said the Report of Chinese Enterprise Development, issued by the Development Research Center (DRC) of the State Council on January 8. The report pointed out that Chinese enterprises will face a more complicated development environment and the economic conditions could be less than friendly. They will be plagued by weak domestic and international demand, rising [...]

    Exit Barriers for US-Listed Chinese Stocks

    Jinan-based software developer Pansoft Co. Ltd. says it’s going private, climbing aboard an increasingly crowded life raft as Chinese companies abandon US stock investors. As of mid-January, some 20 of the 230 Chinese companies with stock traded on the New York or Nasdaq exchanges had announced privatization plans. At least eight in the group had completed the process. The privatization push, expected to accelerate in 2012, stands in stark contrast to the scene in early [...]

Africa

25 Chinese workers freed in Egypt

The Chinese embassy in Egypt confirmed Wednesday that 25 Chinese workers abducted by Bedouin tribesmen have been released, the Xinhua ...

Safety of Chinese workers

The plight of 29 Chinese workers who are being held captive by rebels in Sudan has gripped the hearts of ...

25 Chinese workers kidnapped in Egypt

Twenty-five workers from a Chinese cement factory in Egypt's Sinai region were kidnapped Tuesday by a local tribe who demanded ...

Asia / Pacific

Beijing against sanctions on Syria

Forcing regime change in Syria violates charter, UN envoy says China expressed its opposition to military intervention, or the introduction of ...

Make Philippines pay for balancing act

The Philippines has signaled during a recent bilateral defense dialogue that it would expand the US military presence on its ...

Bringing forgotten soldiers home

WE know about the famous Flying Tigers, Merrill's Marauders and the Burma Road but the valor of the Chinese Expeditionary ...

International Relations

China faces diplomatic challenges in 2012

Instability and uncertainty loom large as the world enters 2012, a year in which China should play an even greater ...

Time not yet ripe for China’s foreign bases

Editor's Note: The Seychelles, a small island nation off the east coast of Africa, is under the media spotlight, as the ...

China’s foreign policy not a matter of tough vs. soft

At a foreign policy seminar in Beijing yesterday, Assistant Foreign Minister Le Yucheng pointed out that the international community, especially ...

Central & South America

Latin American lessons may enlighten China

Editor's Note: Latin American countries often draw global attention for their skeptical stance against the US. But how about their economies ...

Outbound investment slows

China’s non-financial outbound direct investment totaled $60 billion last year, the Ministry of Commerce (MOFCOM) said yesterday, a rise of ...

CIC Vice Chairman:Obstacles to Overseas Investment

China has been involved with making acquisitions abroad for only a short time, but despite several challenges, there are huge ...

Civil Society

Global Fund phases out China projects due to finance shortfalls

China is set to lose more than $600 million in external funding for its fight against AIDS, tuberculosis and malaria ...

NGOs: Residents should set off fewer fireworks

As the quality of the city's air continues to give rise to concerns, many NGOs are asking the public to ...

Working hard to make a change in China

Nine years ago, when Liu Siyu was 12, he joined Xishuangbanna Volunteers' Association in Yunnan Province, not for some noble ...

Climate Change

Wrong data trigues glitch in nuclear power plant

A technical glitch occurred on Sunday in the Ling'ao Nuclear Power Plant in Guangdong Province, about 50 kilometers from Hong ...

Rule for cement makers

China's environment ministry is planning to launch stricter rules regarding nitrogen oxide emissions from cement plants, a policy change that ...

CGNPC moves closer to Kalahari purchase

China Guangdong Nuclear Power Corp (CGNPC) moved closer to gaining control of Kalahari Minerals PLC, which holds an indirect interest ...

Labour

Migrants go west as factories relocate

AS some manufacturers pull out of China's increasingly costly coastal regions and move to the hinterlands, many workers in traditional ...

Why migrant workers are shunning the city

EXAMINING a colorful job recruitment flyer just handed to him, Huang Shao stood in the chill of late afternoon in ...

US consumers have their share in Apple sweatshop

A recent New York Times investigative report uncovered many shocking details of Foxconn's factories in China. The report revealed that ...

Finance

Banks rake in abnormal profits from artificial interest gap: expert

Chinese banks made record profit growth rates of between 40 and 50 percent last year, even higher than those in ...

Govt debt ‘safe, controllable’, says Wen

Chinese Premier Wen Jiabao said the government debt is at an "overall safe and controllable" level, and that funding for ...

Exit Barriers for US-Listed Chinese Stocks

Jinan-based software developer Pansoft Co. Ltd. says it's going private, climbing aboard an increasingly crowded life raft as Chinese companies ...