2009 September
Politics and Economics
World Bank head sees dollar’s role diminishing
The New York Times, 28/09/2009
The president of the World Bank said on Monday that America’s days as an unchallenged economic superpower might be numbered and that the dollar was likely to lose its favored position as the euro...
Politics and Economics
Chinese industrial profits fall more slowly as economy recovers
Bloomberg, 27/09/2009
Chinese industrial companies’ profits fell at a slower pace as a recovery gathered pace in the world’s third-biggest economy on stimulus spending and record lending in the first half of the...
Politics and Economics
China confident on economy, guarding risks: official
Reuters, 27/09/2009
China is confident it can overcome the economic crisis, but ongoing uncertainties mean the authorities must be on guard against risks, including inflation, a top official with the country's...
Communication and Culture
New hope for China's migrant workers
BBC, 24/09/2009
Millions of rural migrants lost their jobs in China's cities as a result of the global economic downturn, but there are signs of a recovery. In the last few months, according to the Chinese...
Politics and Economics
The end of the Western economic era?
BBC, 24/09/2009
This time a year ago, the world was reeling from the collapse of Lehman Brothers and the multi-billion dollar rescue of Merrill Lynch and insurance firm AIG. But for Joern Schuetumpf, a German...
Communication and Culture
Chinese feel worse on prices, better over jobs
Reuters, 24/09/2009
Urban Chinese were increasingly unhappy with price levels in the third quarter, including the cost of housing, but were more optimistic about job prospects, according to a central bank survey...
Politics and Economics
Gordon Brown's plan for Chinese to put world economy back in balance
The Guardian, 23/09/2009
Gordon Brown is to set out proposals at the G20 this week aimed at boosting Chinese consumer demand and ending the global economy's reliance on the American shopper. The plan is one of the...
Politics and Economics
Without China, economic rebalancing won't work
Reuters, 21/09/2009
If the United States is going to succeed in its push for more balanced global economic growth, it must convince China, Germany and other big exporters there is no going back to the pre-crisis boom...
Politics and Economics
U.S. to push for new economic world order at G20
Reuters, 21/09/2009
The United States will urge world leaders this week to launch a new push in November to rebalance the world economy, but there are doubts national governments will bow to external advice. A document...
Politics and Economics
Recovery picks up in China as U.S. still ails
The New York Times, 18/09/2009
Just eight months ago, thousands of Chinese workers rioted outside factories closed by the global downturn. Now many of those plants have reopened and are hiring again. Some executives are even...
Politics and Economics
Foreign investment in China rises
BBC, 15/09/2009
Foreign investment in China has risen for the first time in 11 months, official figures have shown. The amount increased by $7.5bn (£4.5bn) in August, up 7% from the same period a year ago, the...
Industry and Manufacturing
More factories experience a labour crunch
China Daily, 14/09/2009
The labor crunch is another sign that the Chinese economy - the world's third-largest - is bouncing back from the global downturn, invigorated by government stimulus spending and a flood of...
Communication and Culture
A migrant worker's economic observation through making Christmas products
Xinhua, 14/09/2009
The global financial crisis had made 20 million unemployed migrant workers give up on life in the cities and return to their villages, said Chen Xiwen, director of the office of the central leading...
Politics and Economics
China's economic recovery gathers momentum
Forbes, 11/09/2009
China's economic recovery gained momentum in August, adding to confidence the government's lavish stimulus spending is working, yet failing to silence all doubts the rebound is...
Trade & Supply Chain
China exports, imports fall further year on year
Reuters, 11/09/2009
China's exports and imports fell more than expected in August from year-earlier levels for the tenth month in a row, largely due to a high comparison base in 2008, the government said on...
Industry and Manufacturing
China Labor Shortages in Export Hubs Signal ‘Recovery Trend’
Bloomberg, 09/09/2009
Labor shortages in Chinese export hubs are signs that the economy is recovering even as the overall job market remains grim, said Yin Weimin, the Minister of Human Resources and Social Security.
Industry and Manufacturing
China's workers return to cities
BBC, 08/09/2009
An estimated 20 million migrants gave up on life in the city earlier this year when China was battered by economic storms from the West. But it seems that pattern of migration is reversing as...
Industry and Manufacturing
China toy and game suppliers continue to target the U.S. and EU
Reuters, 07/09/2009
In spite of stricter product standards implemented in the U.S. and the EU, most surveyed China suppliers plan to continue strengthening exports to these markets, according to Global Sources'...
Communication and Culture
China's Foreign Trade: A History
Alibaba, 06/09/2009
China's foreign trade has been developing in tandem with the pulse of the country's overall economic development. During the first three decades since the founding of the People's...
Politics and Economics
China opportunity knocks
Reuters, 04/09/2009
China's growing domestic market, with its 1.3 billion consumers, presents big opportunities for foreign investors, but they will have to muscle it out with a home-grown generation of likely...
Industry and Manufacturing
China Manufacturing Grows at Fastest Pace Since 2008
Bloomberg, 01/09/2009
China’s manufacturing expanded at the fastest pace in 16 months in August, driven by record lending in the first half of the year, two surveys showed.
The Purchasing Managers’ Index rose...
Industry and Manufacturing
'More growth' for China factories
BBC, 01/09/2009
China's manufacturing sector continued to recover in August, two separate monthly surveys have indicated. The China Federation of Logistics and Purchasing's purchasing managers' index...