Seeing green on China’s lakes and rivers
The water from tap water supply companies in east China’s Wuxi city became normal Sunday afternoon, ending a water crisis caused by the bloom of blue-green algae which polluted the city’s water source. Tap water supply for the city began to be halted on May 22, when its major source -Taihu Lake, started to stink […]
In China it’s environment vs. economic growth, and guess who’s winning…
With China slated to pass the United States to become the world’s number one producer of greenhouse gasses by 2010, the Chinese leadership in Beijing has made moves to curb emissions and institute more stringent environmental policies. But the balance between protecting the environment and maintaining the break-away growth has not been easy to achieve […]
Lenovo moves into China’s hinterland and invests in the country’s sixth-tier
Below is an excerpt from an article that ran in China Daily today on Lenovo’s plans to expand into China’s fourth- to sixth-tier cities: Lenovo will expand its presence in rural China to maintain its competitive edge, according to one of the computer giant’s top managers. “China’s fourth- to sixth-tier cities will become our major growth […]
June issue of China Briefing out now
The June issue of China Briefing is out now. This issue deals with upgrading your China business entity – from an existing representative office, to a trading company (foreign invested commercial enterprise) or a fully fledged manufacturing organization – a wholly foreign owned enterprise. We look at the implications of how to handle your RO, […]
Event: China and India, getting the dragon and the elephant right and special economic zones
On Tuesday, June 5, China Briefing publisher Chris Devonshire-Ellis will participate in the second China-India event to be held in the Capital Club in Beijing. Details are as follows: China and India: Getting the Dragon and the Elephant right and an outlook on Special Economic Zones Date: Tuesday, June 5, at 6:30 pm Venue: Capital […]
China rebounds as Asian stocks rise to record on Fed’s U.S. predictions
What a difference a day makes. This morning the Asian press was seeing enough blood in the water to make Jaws happy, but with the end of business today, Asia stocks are soaring. China gained back 1.1 percent after losing 6.8 percent yesterday, a slide that wiped out US$161 billion in market value. Bloomberg reports: […]
China’s stocks nosedive as stamp tax increases
“All the King’s horses and all the King’s men, couldn’t put Humpty together again.” The stock bubble has burst! Or has it really? Stocks crashed down from their soaring highs yesterday in Shanghai and Shenzhen, creating a fallout effect across most of Asia after China moved to triple the tax on stock trading. The increase was an effort […]
China sentences former top drug regulator to death
A Beijing court sentenced China’s former top drug regulator, Zheng Xiaoyu, to death on charges of taking 6.49 million yuan in bribes, and dereliction of duty. The sentence follows recent food and drug safety scares in China and abroad, most recently tainted medicine in Panama, pet food in the United States and toothpaste in China. From […]