Posted in August 1, 2010 ¬ 10:31 amh.jeff
China’s decision to end the yuan’s de facto peg against the dollar could have a significant impact over time on the fortunes of corporations big and small, Chinese and foreign—even though any movement of the Chinese currency in the near term is likely to be too gradual to matter immediately for the bottom line. Below [...]
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Posted in July 31, 2010 ¬ 9:26 amh.admin
China on Tuesday released an official white paper on the country’s Internet industry. It reviews the history of China’s Internet, from its first connection in 1994, a single 64-kilobit line in Beijing’s Zhongguancun district, to the present day, when China boasts more Internet users than any other country. (See full text of the white paper [...]
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Posted in July 31, 2010 ¬ 9:21 amh.admin
Google on Monday announced a new approach to its operations in China. But the company’s late-night blog post leaves some questions about its new approach unanswered, and whether they fly with the Chinese government remains to be seen.
The key change is in how Chinese visitors to Google.cn, Google’s China web address, are taken to Google.com.hk, its [...]
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Posted in July 29, 2010 ¬ 5:25 amh.admin
Real estate investment has becoming more strict now. According to Sina News, many investors in China are keen to look for movie investment projects in China.
According to the report, there are currently 189 film project in 2010 reported and there were less than 100 in 2003. The reason is because, till June 20, 2010, the China movie market has already [...]
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Posted in July 29, 2010 ¬ 4:49 amh.admin
According to the National Bureau of Statistics, from January till June 2010, industrial enterprises in China’s 24 regions reported a profit of 1.61 trillian Yuan. Among the 39 major industrial sectors, communication equipment, computer and other eletronic equipment manufaturer growed 1.4 times.
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Posted in July 29, 2010 ¬ 4:21 amh.admin
As a part of an economic stimulus plan, China will spend 800 billion yuan for high-speed rail network by 2012. A number from China rail department shows that each kilometer of high speed rail, the investment reached 130 million RMB. This shows that China is willing to build up a good infrustruture so that it [...]
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Posted in July 26, 2010 ¬ 7:23 amh.admin
SHANGHAI – Mainland stocks rose for a sixth consecutive day, posting their longest stretch of gains since February, on speculation slowing economic growth will prompt the government to relax property curbs and allow for more bank lending.
The benchmark Shanghai Composite Index gained 0.65 percent, or 16.66 points, to end at 2,588.68 points and e Shenzhen Stock [...]
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Posted in July 26, 2010 ¬ 7:14 amh.admin
BEIJING – Baidu Inc, China’s largest online search engine, has benefited from rival Google Inc’s recent woes in the Chinese mainland, with its earnings and market share both rising significantly over the past three months.
Baidu’s net income more than doubled in the second quarter year-on-year, reaching 837.4 million yuan, ($123.5 million), the company said on [...]
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Posted in July 23, 2010 ¬ 3:09 pmh.admin
As the drafting process for China's Twelfth Five-Year Plan (12th FYP) for Economic and Social Development (2011-15) continues, a clearer picture of China's economic, industry, and social objectives—and the policy guidelines that will be used to achieve these goals—has emerged. The plan, which lays out national social and economic policies for the next five years, [...]
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