“The torrid pace of China’s industrial growth has generated serious over-investment in factories and other ventures that are straining the country’s resources. Electricity and water shortages are mounting, transportation bottlenecks are developing, and the first hints of inflation are showing up in official data.” “For Asia, a China slowdown would dent more than just trade […]
Read MoreLast Saturday, Financial Times ran a hugely entertaining article called “Message in a bottle.” (The website requires registration! 🙁 ) The author is Tim Clissold. As professor Rudolf Wagner puts it: it is an “exceedingly interesting extensive insider article on the establishment, quandaries, and eventual demise of a joint venture with a Peking beer brewer. […]
Read MoreGuangdong is China’s richest province, and also one that attracts the most foreign direct investment. In order to compete internationally, a conference was held in Guangdong to discuss th future of the province. 21 business leaders attended the conference, and they suggested that Guangdong should “boost education in technology and the sciences, improve its infrastructure […]
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