2009 February

Politics and Economics

China says economy on track but worse may lie ahead

China says economy on track but worse may lie ahead Reuters, 27/02/2009

Chinese officials on Friday painted a mixed picture of the economy, with one saying the country was on track to hit its 8 percent growth target this year but another warning the downturn had yet to...

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Trade & Supply Chain

Europe to Get $15 Billion In China Trade

Europe to Get $15 Billion In China Trade The Wall Street Journal, 25/02/2009

A Chinese delegation will agree to buy as much as $15 billion of machinery, automobiles and food products on a trip to Europe this week, state media reported, as Beijing seeks to cultivate goodwill...

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Trade & Supply Chain

A plan to make imports safe

A plan to make imports safe San Francisco Chronicle, 25/02/2009

The Obama administration's response to the problem of unsafe imports from tainted foreign-made toys to adulterated drugs must reflect the realities of globalization. U.S. regulators possess a...

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Politics and Economics

China warns slowdown could worsen, does not rule out rate cut

China warns slowdown could worsen, does not rule out rate cut AFP, 24/02/2009

China's central bank warned the country's economic slowdown could worsen and the risk of deflation was high, in its latest quarterly report, while not ruling out further interest rate...

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Politics and Economics

China needs to break the habit of centuries and embrace its role in the world

The Times, 21/02/2009

Hillary Clinton left China till last on her inaugural overseas tour of Asia. For the sake of courtesy, continuity and in deference to America's long-standing alliances, especially with Japan,...

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Politics and Economics

Clinton seeks consensus with China on tackling global economic woes

The Guardian, 21/02/2009

The United States and China could help lead a global economic recovery by working together, Hillary Clinton told a press conference in Beijing this morning. The US secretary of state has vowed to...

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Politics and Economics

Australia bank chief: China may have hit bottom

International Herald Tribune, 20/02/2009

China's economy may have already reached bottom and its emergence as a major industrial power will continue for years, Australia's central bank chief said Friday. Australia, now teetering...

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Politics and Economics

US-China tensions rise amid financial chaos

US-China tensions rise amid financial chaos AFP, 18/02/2009

Tensions between the United States and China are set to increase during current financial turmoil but any trade war can adversely impact the two key drivers of global growth and the rest of the...

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Politics and Economics

Chinese president says economic crisis deepening

Chinese president says economic crisis deepening International Herald Tribune, 17/02/2009

Chinese President Hu Jintao said the global economic crisis is worsening and will hit developing countries hard, promising during a visit to Tanzania to import more African goods, China's state...

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Politics and Economics

New fears on fate of economy

New fears on fate of economy The Times, 17/02/2009

The Bank of England’s Deputy Governor warned yesterday that the recession could be even worse than it suggested less than a week ago. Charles Bean said that there was “roughly a three in four”...

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Politics and Economics

Economic makeover the only hope

Economic makeover the only hope Xinhua, 13/02/2009

Never has China's economic growth attracted so much global attention. The shock waves from the financial crisis that started in the United States have spread across the entire world, sending...

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Politics and Economics

World stocks sag on concerns about Obama plans

World stocks sag on concerns about Obama plans Associated Press, 12/02/2009

World stock markets fell Thursday amid pessimism about the Obama administration's plans to fix the U.S. banking system and restore the overall health of the world's largest economy.

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Trade & Supply Chain

China's exports suffer sharpest fall in 13 years

China's exports suffer sharpest fall in 13 years The Telegraph, 11/02/2009

China's exports dropped by 17.5pc in value in January, compared to January last year. Although the timing of the Chinese New Year holiday meant there were five fewer working days in January,...

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Industry and Manufacturing

China's car industry overtakes US

China's car industry overtakes US BBC, 10/02/2009

New figures have shown that in December, for the first time ever, there have been more cars sold in China than the United States. A total of 735,000 automobiles were sold in China last month,...

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Politics and Economics

Chinese economy: companies try to cling onto workers

Chinese economy: companies try to cling onto workers The Telegraph, 09/02/2009

The Spring Lantern Festival heralded the end of the lunar New Year celebrations yesterday but millions of migrants have failed to return to work from their home provinces. The Chinese government...

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Politics and Economics

PM Gordon Brown pins economy hopes on China

PM Gordon Brown pins economy hopes on China The Telegraph, 07/02/2009

Seated at the top table alongside Mr Wen, Lord Mandelson, the Business Secretary, Paul Walsh, chief executive of Diageo, and Stephen Green, chairman of HSBC, had much to talk about as they tucked...

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Politics and Economics

Job prospects bleak in China's export hub

Job prospects bleak in China's export hub The Globe and Mail, 07/02/2009

Dongguan, China — Train and bus stations in China's southern export hub are swollen with migrant workers returning from their annual holiday – but the signs are not good for many hoping to...

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Politics and Economics

China's official data mask severity of slump

Associated Press, 06/02/2009

It is China's disconcerting secret: Its economic slump is much deeper than official data show. The government says the economy grew by 6.8 percent in the final quarter of 2008, but that is...

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Politics and Economics

China eyes greater influence from financial crisis

Reuters, 04/02/2009

The international financial crisis could be a blessing for China by leading to greater influence for Beijing in global economic affairs, a government economist said in comments published on...

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Politics and Economics

Now it's China's turn to preach about failure

Now it's China's turn to preach about failure The Telegraph, 03/02/2009

A lot of hopes rest on the slight shoulders of Wen Jiabao. His people hope China's prime minister will protect them from the ravages of the global economic catastrophe, which is cutting a swath...

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Politics and Economics

Brown calls for China trade boost

Brown calls for China trade boost BBC, 02/02/2009

Prime Minister Gordon Brown has called for greater collaboration on trade between the UK and China. Speaking after Downing Street talks with Chinese counterpart Wen Jiabao, Mr Brown said there were...

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