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Risks of Overheating is Over for China

From Economic Observer Online: China has averted the threat of its economy overheating, concluded a recent report issued by China’s State Information Center (SIC) on the country’s present economic situation. The...

Of Tree-Hugging And Buttock-Shifting

Jiangxi province…is facing a difficult dilemma between economic development and environmental protection. In this dilemma, environmental regulators also face a problem – of which “buttock” to sit on. The Songhua River disaster, last November, pointed to the conflicts of interests that cripple environmental regulators at the grass-roots. Top domestic publications gave bird’s eye glimpses of […]

China Pension Fund Scandal Nets Top Statistician – Reuters

From Reuters: China’s top statistician was sacked after anti-corruption investigations implicated him in the Shanghai pension fund scandal, a spokesman for the National Bureau of Statistics (ÂõΩÂÆ∂ÁªüËư±ÄÔºâsaid on Thursday. Qiu Xiaohua ÔºàÈDZÊôìÂçéԺ■who announced a new “Happiness Index” this year to include living conditions, the environment and salary — was dismissed as chief of the […]

Hedging, Innuendo, and Qiu Xiaohua

What to make of Qiu Xiaohua’s abrupt removal from his job as China’s chief statistician? No one really knows for sure yet. Last week’s tersely worded Xinhua news agency item sounded an alarm bell that something was amiss. Word around Beijing is that Qiu will not be reassigned: he committed a “severe disciplinary violation” (‰∏•ÈáçËøùÁ∫™). […]

Using Less Oil – Tong Lixia

From Beijing Review (link): At first glance, the official figures of China’s oil consumption in 2005 seem a bit confusing. With a robust economic growth and rising annual oil imports, China made the surprise announcement that its oil consumption growth rate was dropping sharply, from 15.3 percent in 2004 to 2.1 percent in 2005. Earlier, […]

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