The latest prediction by the International Monetary Fund is that China’s GDP is expected to surpass the GDP of America by the year 2016. From the Economic Times: The Chinese economy will surpass that of the US by 2016, the...
Read MoreChina’s National Office of Eliminating Pornography and Illegal Publications organized a public event in Beijing to destroy pirated books and DVDs, in an effort to showcase China’s efforts at protecting intellectual...
Read MoreThe yuan has been appreciating relative to the dollar for some time now. Amidst renewed concerns about U.S. debt, many analysts expect that the yuan will continue to rise. From the Wall Street Journal: China’s yuan rose to...
Read MoreEarlier CDT reported on the three-day strike in Shanghai by truck drivers angry over rising fuel prices and new fees. Thousands of drivers reportedly blocked cargo ports in Shanghai in protest. In an effort to defuse the...
Read MoreChina is eager to develop its high-speed rail system and is projected to spend $300 billion by the time these projects finish in 2020. From CNN.com: Creating a rail system in a country of 1.3 billion people guarantees that the...
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