The cold front that hit southern China a week ago is likely to continue, creating pressure on the country’s transportation systems. Liza Lin at Bloomberg reports: Snow, ice and fog have caused havoc on the nation’s roads...
by Samuel Wade | Jul 20, 2011
Burma Rivers Network reveals that the China Power Investment Corporation is ignoring the advice of its own impact assessment in pushing ahead with construction of the 500-foot Myitsone Dam in northern Burma. The 945-page...
by Liu Yong | Jun 10, 2009
From Bloomberg: China’s consumer prices fell for a fourth month, making it easier for the government to keep interest rates low and boost spending to revive the world’s third-largest economy. Prices dropped 1.4 percent in May...
by Liu Yong | Aug 12, 2008
From Bloomberg: China’s inflation cooled to the slowest pace in 10 months, giving the government more room to restrain the yuan’s advance and bolster economic growth. Consumer prices rose 6.3 percent in July from a...
by Kate Zhao | Nov 16, 2007
From Christian Science Monitor: Mrs. Wang stood by the shelves of cooking oil in one of Beijing’s biggest supermarkets, inspecting the price stickers carefully. A retired factory worker on a modest pension, Wang, who gave only one name, used to be able to buy her favorite brand of oil, a key ingredient in Chinese cuisine. […]
by Kate Zhao | Nov 7, 2007
[UPDATE: Yesterday, the Chinese Academy of Social Sciences (CASS) denied that they published the list of entry level salaries for white collar workers. CASS said they would investigate this list and find who originally fabricated this news. Here is the CASS’s official statement . The news spread very quickly online and raised heated discussion.] Recently, […]
by Kate Zhao | Nov 6, 2007
Recently, Chinese Academy of Social Sciences (CASS) published the living standards of so-called white collar workers [UPDATE Nov. 7: CASS is denying that they have published this report so it is now unclear where it originated.] From MSN Space translated by CDT: Evaluating the consumer price index, living expenses, transportation costs, degree of modernization and […]
by Kate Zhao | Oct 18, 2007
From Financial Times: The stench filling the air outside the Good Breeding pig farm in an otherwise bucolic mid-autumn day on Beijing’s rural outskirts is the best news Li Yongqiang has had for nearly a year. After cutting production in 2006 because of rising feed costs and low pork prices, Mr Li late last year […]
by Kate Zhao | Aug 18, 2007
From Bloomberg News: China will probably raise interest rates by the end of September to cool the economy after inflation accelerated to a 10-year high and record trade surpluses pumped cash into the financial system. Rates will increase this quarter for the fourth time since March, 11 of 16 economists in a Bloomberg News survey […]
by Kate Zhao | Aug 17, 2007
From AP via SignOnSanDiego.com: The government slammed Chinese instant noodle makers Friday as being partly to blame for a surge in inflation, saying they illegally colluded to boost prices by up to 40 percent in a scheme that has prompted public outcry. The report came amid a nationwide probe into whether price-fixing or hoarding by […]
by Kate Zhao | Aug 8, 2007
From Reuters via Khaleej Times Online: The People’s Bank of China (PBOC) pledged action on Wednesday to keep a lid on prices and prevent expectations of rising inflation from taking hold. In its monetary policy report for the second quarter, the central bank reaffirmed that it will moderately tighten monetary policy as it is detecting […]
by Kate Zhao | Jul 16, 2007
From Financial Times: Like tens of millions of shoppers across China, Zhou Benqi has had to change her buying habits to cope with sharply rising prices of pork and eggs, staple foods for any Chinese family. “Because of price hikes, an ordinary meal is a big constraint on us, as my pension has already been […]
CDT in the News
- SCMP – Foreign journalists in China report state backing for rising intimidation during Henan floods
- Forum2000 – Data colonialism: Where China and the West diverge
- FT – China flood response reveals Beijing’s need to prepare for extreme weather
- LA Times – Amid crushing floods in China, officials focus not on climate change, but on control
- RFA – “Drowning” has become a sensitive word during Henan floods