From xinhuanet (link): China is revising rural election law to protect the democratic rights of its farmers and promote village democracy in the country’s vast countryside. “Democratic management” is listed as one of the requirements of building a new socialist countryside in the 11th Five-Year Program(2006-2010) of China. Premier Wen Jiabao said in his government […]
Read MoreFrom MSN Money (link) via AP European Union trade chief Peter Mandelson called on China to remove barriers on imports of European goods if it wants to be recognized as a market economy by the 25-nation bloc. The label helps countries trade more easily with the EU. Among other benefits, it allows a country to […]
Read MoreFrom the Washington Post (link) Premier Wen Jiabao vowed Tuesday to crack down on seizures of farmland for redevelopment – a source of rising rural anger in China – but stopped short of saying whether the communist government might allow farmers to own land. Wen also promised that the world’s largest military would never pose […]
Read MoreFrom Forbes (link) China will likely take a step-by-step approach towards liberalizing domestic prices for oil and oil products following this year’s National People’s Congress which is to due to conclude today, analysts said. China’s policymakers must balance the needs of its rural poor who would be hurt by any increase in prices for oil […]
Read MoreFrom the Washington Post (link) China is hastening to complete a deal worth as much as $100 billion that would allow a Chinese state-owned energy firm to take a leading role in developing a vast oil field in Iran, complicating the Bush administration’s efforts to isolate the Middle Eastern nation and roll back its nuclear […]
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