2009 September

Politics and Economics

World Bank head sees dollar’s role diminishing

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...

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Politics and Economics

Chinese industrial profits fall more slowly as economy recovers

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...

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Politics and Economics

China confident on economy, guarding risks: official

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...

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Communication and Culture

New hope for China's migrant workers

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...

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Politics and Economics

The end of the Western economic era?

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...

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Communication and Culture

Chinese feel worse on prices, better over jobs

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...

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Politics and Economics

Gordon Brown's plan for Chinese to put world economy back in balance

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...

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Politics and Economics

Without China, economic rebalancing won't work

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...

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Politics and Economics

U.S. to push for new economic world order at G20

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...

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Politics and Economics

Recovery picks up in China as U.S. still ails

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...

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Politics and Economics

Foreign investment in China rises

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...

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Industry and Manufacturing

More factories experience a labour crunch

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...

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Communication and Culture

A migrant worker's economic observation through making Christmas products

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...

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Politics and Economics

China's economic recovery gathers momentum

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...

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Trade & Supply Chain

China exports, imports fall further year on year

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...

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Industry and Manufacturing

China Labor Shortages in Export Hubs Signal ‘Recovery Trend’

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.

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Industry and Manufacturing

China's workers return to cities

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...

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Industry and Manufacturing

China toy and game suppliers continue to target the U.S. and EU

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'...

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Communication and Culture

China's Foreign Trade: A History

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...

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Politics and Economics

China opportunity knocks

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...

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Industry and Manufacturing

China Manufacturing Grows at Fastest Pace Since 2008

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...

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Industry and Manufacturing

'More growth' for China factories

'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...

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