2009 January
Politics and Economics
We must treat China as a friend and ally in this financial crisis
The Telegraph, 30/01/2009
In normal circumstances, the arrival of the Chinese Prime Minister on our shores is an occasion for noisy demonstrators to take to the streets in protest at China's lousy human rights record...
Politics and Economics
Merkel, Wen pledge to fight global recession, trade imbalances
Bloomberg, 30/01/2009
Chinese Prime Minister Wen Jiabao said his country and Germany, the world’s two top exporting nations, will work together to counter the global financial and economic crisis. Wen, speaking in...
Politics and Economics
Crisis 'has hit China's economy'
BBC, 29/01/2009
The global financial crisis has had "a rather big impact" on China's economy, the country's Premier Wen Jiabao said in a major World Economic Forum speech. Speaking in Davos in...
Politics and Economics
Wrong time for U.S. to push China on yuan
Reuters, 28/01/2009
The United States picked the wrong time to pressure Beijing to strengthen the yuan because China's economy is actually contracting quarter-on-quarter, Morgan Stanley's Asia Chairman,...
Politics and Economics
White House aims to defuse furor over China's Yuan policy
The Wall Street Journal, 27/01/2009
The White House tried to play down criticism of China's currency policies by Timothy Geithner, President Barack Obama's nominee to be Treasury secretary. The White House, noting it wants...
Communication and Culture
China ushers in Year of Ox with celebration
Associated Press, 26/01/2009
China greeted the arrival Monday of the Year of the Ox with fireworks and celebrations, bidding farewell to a tumultuous 2008 marked by a massive earthquake, the Olympics, and a global economic...
Politics and Economics
Growth slows but China is not collapsing
BBC, 23/01/2009
The rest of the world had hoped that strong economic growth in China would create the demand to get the world's economy moving again. But after five years of annual double-digit increases in...
Politics and Economics
China says 8 pct growth in '09 achievable
The Guardian, 22/01/2009
China's annual GDP growth slowed to 6.8 percent in the fourth quarter from 9.0 percent in the third quarter as the full force of the global financial crisis struck home. (For the reaction of...
Politics and Economics
Asia counting on free trade
The Strait Times, 21/01/2009
After last night's congratulations, Asia's three largest economies are counting on the Obama administration to maintain the free trade regime despite the global economic downturn. 'It...
Politics and Economics
China province to set up funds to back exporters
Reuters, 20/01/2009
China's export powerhouse of Guangdong province will establish two funds worth 1.9 billion yuan ($278 million) this year to support its stricken exporters, reeling from the financial crisis,...
Politics and Economics
Barack Obama, Greta Garbo and China's trade surplus
Forbes, 19/01/2009
When Barack Obama tackles China on its trade surplus, as surely he will, Beijing will be tempted to invoke the actress Greta Garbo: "I want to be left alone." As a nascent superpower,...
Politics and Economics
China becomes world's third largest economy
The Guardian, 15/01/2009
China overtook Germany to become the world's third largest economy yesterday after revising its figures for output growth. The Chinese economy has grown tenfold in three decades and grew 13%...
Politics and Economics
WEF says hard landing for China will hit world economy
The Times, 14/01/2009
A severe economic slowdown in China is one of the biggest risks faced by the world this year, the World Economic Forum (WEF) has warned. The WEF report said a hard landing for China's economy...
Politics and Economics
China aims to be first to recover from crisis
AFP, 12/01/2009
China aims to become the first nation to recover from the global economic crisis, Premier Wen Jiabao was quoted as saying by state media Monday. Wen made the remark over the weekend while touring...
Politics and Economics
Asia job cuts amid economy woes
BBC, 09/01/2009
Moves by two large Asian technology firms to cut staff have reignited fears about the difficult economic challenges amid slumping consumer spending. Electronic components maker TDK said it was...
Politics and Economics
China provinces see zero 2009 export growth
Forbes, 08/01/2009
The provinces of Guangdong and Jiangsu, two of China's export powerhouses, expect zero growth in exports this year due to the global recession, the 21st Century Business Herald reported on...
Politics and Economics
China central bank sees GDP up 8%
Financial Times, 07/01/2009
China’s economy will probably grow by about 8 per cent this year, the central bank’s research bureau forecast on Tuesday, the latest in a string of relatively optimistic estimates. Some...
Trade & Supply Chain
China warns exporters over growing payment risks
Associated Press, 07/01/2009
China has warned exporters they may end up not getting their money as the international financial crisis has eroded foreign banks' and importers' ability to pay. "Some foreign commercial...
Politics and Economics
China's finances to face tough 2009
Forbes, 06/01/2009
China's foreign trade increase is expected to continue slowing down in 2009, hampered by weakening demand in other countries and domestic economic slowdown, the Customs said in a survey...
Politics and Economics
Chinese economists predict hard times, economic upturn in 2009
Xinhua, 05/01/2009
Unemployment driven by the global financial crisis could cause social unrest in China, although the economy looks set to reach its annual growth target of 8 percent, according to a survey of leading...
Politics and Economics
China, India, Russia factories slash output, jobs
The Guardian, 02/01/2009
Factories in China, India and Russia slashed output and jobs at a record pace in December in another sign the world's largest emerging markets were wilting under the recession that has gripped...
