China Cancels Thai Rice Deal Amid Graft Probe
After Thailand’s National Anti-Corruption Commission launched investigations into embattled...
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LatestFood Imports Rise As Environment Declines
Since its early days, the PRC has aimed to be self-sufficient in its food supply. With continued...
Why Is China Importing So Much Iron?
Quartz's Gwynn Guilford reports that China's year-on-year imports surged to 10.9% in July at $168 billion and all because of iron ore imports, speculated to serve as collateral for bank loans: But wait—what exactly was...
Environmental Concerns Over China-CA Dairy Ties
As China’s growing demand for dairy products is expected to keep rising, and as its domestic industry is currently unable to satisfy demand and riddled with safety scandals, California dairy farmers are suffering due to...
Eating Safely in China, on a Budget
In a country plagued by food safety scandals, mitigating risk while shopping for groceries is no easy task. While it has been noted that those with a cache of power sometimes enjoy greater access to safe food, for everyone else...
“You Should Be Rooting for China”
While reports suggest China’s housing bubble may soon burst and some express the zero-sum sentiment that China’s continued rise means America’s decline, economist Zachary Karabell argues that a thriving China...
MOC Claims China Not World’s Top Trading Nation
China’s Ministry of Commerce is contesting recent media reports that China surpassed the U.S. as the world’s biggest trading nation in terms of volume last year. China Daily reports: Recent data from the...
China Trade Now Bigger than US
Chinese state media reports foreign trade surged in January. Exports jumped 25%, and imports increased 28%. The growth was bigger than the increase seen in December, from Xinhua: “A lower comparative base last year caused...
Is Insourcing More Than Just Wishful Thinking?
In January, The New York Times published an investigation into how the U.S. had lost out on manufacturing work for products “Designed by Apple in California” but “Assembled in China”. The report cited the...
CDT Money: The Numbers Game
Last week’s key data release signaled continued weakness for China’s manufacturing sector, with HSBC’s preliminary purchasing managers index (PMI) shrinking for an eighth straight month in June. Reuters reports...
CDT Money: Game On
Under a cloud cover of speculation about a potential fiscal stimulus package, China’s central bank announced a 25 basis point cut to lending and deposit rates on Thursday, its first interest rate cut since late 2008 and...
CDT Money: Waiting For The Bottom
The People’s Bank of China announced a 50 bps cut in the reserve requirement ratio (RRR) for commercial lenders on Saturday as it stepped up efforts to boost growth amid signs of a weakening economy. The second such cut...
China Sweetens Deal in Sugar Fight
The state-backed China Sugar Association has begun offering rewards as high as US$80,000 for information that “exposes criminal smuggling,” its latest effort to prevent smuggling in the world’s top sugar...
Falling: China’s Share of Global Arms Imports
While China’s military budget will rise above $100bn for the first time in 2012, and double by 2015, the Stockholm International Peace Research Institute (SIPRI) claims that less and less of that budget is used to import...
CDT Money: To Ease, or Not to Ease?
Premier Wen Jiabao opened the annual meeting of the National People’s Congress on Monday by presenting a work report which revealed, among other targets, that the Chinese government planned GDP growth of 7.5% in 2012. The...
CDT Money: Trade Contraction Fuels Concerns
With China continuing to weigh a possible financial lifeline to Europe, the week’s economic news began with a warning from the IMF that prolonged trouble in the eurozone could halve China’s GDP growth in 2012. The...
China Real Time Introduces China Econtracker
The Wall Street Journal’s China Real Time blog has launched a new online reference tool for viewing China’s economic statistics: To save China Real Time readers the trouble of fighting it out with journalists at the...
China’s Gold Imports Hit Record Highs
According to the Hong Kong government’s statistics on gold sales, gold imports to China have hit a record high due to investors looking to protect their wealth from the property slump and economic slowdown. The price of...
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