2009 December
Politics and Economics
China's scope for clever job creation
The Wall Street Journal, 30/12/2009
While everyone is glad to put 2009 behind them, 2010 could be an even tougher economic year for China. To climb out of the global contraction, Beijing has engineered a property bubble characterized...
Industry and Manufacturing
China curbs Vitamin C production
Shanghai Daily, 30/12/2009
China will closely supervise industries including the coal chemical sector, Vitamin C and wind power equipment production to avoid overcapacity, senior officials said today.
"There exists...
Politics and Economics
The Year in Business: 2009
BBC, 29/12/2009
The year 2009 was pretty traumatic for the world economy. Global output fell for the first time since the 1930s depression, but perhaps it was not quite as tough as many had feared 12 months ago...
Politics and Economics
Beijing in a high-level balancing act
Asia Times Online, 23/12/2009
With China and the United States marking 30 years since the establishment of diplomatic relations, unprecedented high-level exchanges in 2009 increased cooperation on global and regional issues,...
Industry and Manufacturing
EU Prolongs Duties on Chinese, Vietnamese Footwear
Bloomberg, 22/12/2009
The European Union extended tariffs on Chinese and Vietnamese shoes for 15 months in a bid to help southern EU producers compete against lower-cost footwear imported by companies such as Nike Inc.,...
Politics and Economics
Accept China as true partner
The Economic Times, 21/12/2009
If there was any doubt about China’s leading role in the growth of the world economy, 2009 erased it. Some pundits have even coined the term "G-2", taking the G-8 or G-20 down to the two nations...
Communication and Culture
China ended up as a useful scapegoat
The Guardian, 19/12/2009
This was not the result China wanted. China's intention was to be seen as a good guy in this historical climate conference. That is, a good guy, but not yet the leader.
The foundations...
Politics and Economics
Copenhagen Climate Summit: China is optimistic about a deal
The Telegraph, 17/12/2009
For China, the effect of climate change is on our doorstep. The Chinese people are embracing green development with the same zeal that we have shown in embracing industrialisation. It is important...
Politics and Economics
Copenhagen climate summit: Can China get by without coal?
The Telegraph, 16/12/2009
With a cigarette in his hand, his mink coat unbuttoned at the belly, and surrounded by the faint scent of his lunchtime drinking session, Zhao Xingwen cuts an unlikely figure as a climate-change...
Politics and Economics
World's longest sea bridge may boost South China economy
The Washington Post, 15/12/2009
Construction of the world's longest sea bridge linking Hong Kong to China and Macau began on Tuesday, in a bid to bolster the integration and future growth of the Pearl River Delta,...
Politics and Economics
Consumption and urbanization to drive China's economy
14/12/2009
The recent Central Economic Work Conference focused next year's economic work on "promoting the transformation of economic development mode," calling for strengthening efforts in adjusting...
Politics and Economics
China’s economic recovery gathers pace
Financial Times, 11/12/2009
The rebound in the Chinese economy accelerated again in November with industrial production rising by a larger-than-expected 19.1 per cent compared with the year before.
The increase in...
Politics and Economics
A look at economic developments around the globe
Associated Press, 10/12/2009
LONDON — The British government slapped a one-time tax of 50 percent on bank bonuses as it tried to win over recession-weary voters ahead of a looming general election.
Treasury chief...
Politics and Economics
Survey finds China key for global profitability
BusinessWeek, 09/12/2009
U.S. companies are finding China crucial for their profitability as they increasingly focus on selling to the fast-growing Chinese market rather than manufacturing there for export, a report said...
Politics and Economics
China gently hints ready to rein in growth policies
Reuters, 08/12/2009
China used its most important economic planning meeting of the year to drop hints that it will wind down ultra-loose pro-growth policies, carefully couching its message in soft language to avoid...
Politics and Economics
How China is putting the skids under Western economic revival
The Independent, 07/12/2009
In recessions past, the Western economies exported their problems to countries elsewhere in the world. As the US and European economies tripped up, so their demand for raw materials would drop.
Trade & Supply Chain
China's 8% economic growth goal achievable
Xinhua, 06/12/2009
China will, without any doubt, be able to achieve the 8 percent growth in gross domestic product (GDP) this year, a senior Chinese economist said Sunday.
Yao Jingyuan, chief economist with...
Industry and Manufacturing
China to remove outdated industry
AFP, 02/12/2009
China is planning "rare" and "heavy-handed" steps to phase out outdated industry, state media said Wednesday, days after Beijing pledged to slow the growth in its fast-rising carbon emissions.
Politics and Economics
Positive news from China's manufacturing sector pushes yuan higher
The Telegraph, 01/12/2009
Two reports on the sector showed recovery continued in November. China's official purchasing managers' index (PMI) was unchanged at 55.2, where anything above 50 indicates expansion. It...
