Arthur Kroeber: China’s role in the global balance of payments

From the Financial Times: “China economyOne tangles with the estimable Martin Wolf at one’s peril. However it is hard to agree fully with his view of China’s role in unwinding the problems in the global balance of payments. In a recent series of columns, the Financial Times’ chief economic commentator lays out with his usual […]

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In multilateral role, China tests its ability

From The International Herald Tribune: “China’s new and growing influence in Asia, which some analysts say has come at the expense of the United States, is showing its limits as the aspiring superpower is playing an active but secondary role in responding to the tsunami disaster.”

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Chinese Project Pits Environmentalists Against Development Plans

From The New York Times: “A major dam project suspended last year by Prime Minister Wen Jiabao is now the focus of a bureaucratic fight between pro-development advocates pushing to restart the project and environmentalists who want public hearings and further research. The conflict highlights the growing tension between the need for environmental protection here […]

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William Rees-Mogg: This is the Chinese century

from Times Online: “Clearly, the United States is still by far the largest and most powerful economy on earth, with the most powerful defence technology. Yet it is China, not the United States, that is changing the global economy… What is the prospect for the dollar? That depends on China. The euro? China. The oil […]

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88 laws, regulations take effect

From Xinhua: “Eighty-eight new laws and regulations take effect on the first day of the New Year that cover a wide range of areas including foreign trade, taxation, advertising standards and supervision of the military, Xinhua News Agency reports. As part of China’s accession to the World Trade Organization (WTO), seven laws and regulations took […]

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Chinese mainland population to reach 1.3 billion on Jan. 6

From Xinhua: “The population in the Chinese mainland is expected to reach 1.3 million on Jan. 6, according to a prediction the National Statistics Bureau (NSB) released Sunday. The day has been successfully postponed for four years with theeffective birth control policies in China, the NSB source said.”

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Number of self-employed tops 100 million in China

From Xinhua: “The total number of self-employed people is estimated to be more than 100 million in China, accounting for 40 percent of urban employed population, an official with the Ministry of Labor and Social Security said. The increasing number of self-employed is one of the major changes in employment in Chinese society, said Wang […]

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Yomiuri Shimbun: Japan must take firm stance against China

From Daily Yomiuri On-Line: “Development of natural gas fields near Japanese EEZ mustn’t go unchallenged. China’s natural gas field exploration project in the East China Sea, which was found to have extended into an area claimed by Japan as its exclusive economic zone, inevitably will lead to a review of the government’s diplomatic policy toward […]

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China’s Gays ‘Expected’ To Enter Hetero Marriages

From 365Gay.com: “The Chinese government says that the vast majority of its gay population is in heterosexual marriages. Health officials say that there are 30 million gays in the country – between two and five percent of the population – a figure most western authorities believe is unrealistically low.”

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New emerging trends in India, China

From India’s The Economic Times: ” These two gentlemen personify the global ambitions of their companies. Jalaj Dani, the thirty-something scion of Asian Paints practically lives out of his suitcase. He has to. Asian Paints, manufactures in 21 countries, are a licensee in 4, and sells in 65 countries, employing 1,400 people outside India from […]

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Leaders on both sides of the Taiwan Straits spoke

The Big News Network reported: China to try to solve Taiwan ‘peacefully’ Chinese President Hu Jintao said Saturday China will strive to resolve the Taiwan issue peacefully, reported China’s government-run news agency, Xinhua. But we absolutely cannot allow anyone or any force to separate Taiwan from China by any means, Hu said at a Beijing […]

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China’s president says Beijing to push economic growth, larger world role

From Canadian Press: “China’s president touted his country’s economic progress in a televised year-end speech Friday, calling for continued fast growth in 2005 and a larger role for Beijing in world affairs. Hu Jintao also promised more trade with Hong Kong and Macau, former European colonies that returned to Chinese rule in the late 1990s, […]

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China’s New Prosperity Leaves Rural Women Behind

From VOA News: “Women in China’s booming cities are enjoying unprecedented economic security and social mobility. But beyond the city limits women still face a daunting environment full of abuse and grinding poverty. Hunched over a small sink 24-year-old Hai Hong washes dishes for a living. She moved to Beijing more than a year ago, […]

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Political Tones to Problems of TV Maker in China

From The New York Times: “The tale of China’s biggest exporter of televisions to the United States – a company that disclosed huge losses earlier this week – seemed to take a new turn on Friday with the abrupt dismissal of the Communist Party boss of the company’s hometown.”

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