January 13, 2009 | ![]() |
the second hyperpower |
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Chinese Food Economy Benefits Small, Poor Farmers![]() One of the most significant changes in China's agricultural economy over the past fifteen years has been the rise of horticulture. During this same time period, modern supply chains have also emerged. A new study in the Review of Agricultural Economics reveals that the recent changes in China's food economy have contributed to an improvement in poverty reduction and betterment of small farmers. ... more World Bank urges China to raise water prices to counter crisis ![]() The World Bank urged China Monday to raise water prices to encourage people to use less water and to promote efficiency in a bid to prevent a "severe water scarcity crisis." "To provide appropriate incentives for the adoption of water saving technologies and behaviours, water prices need to be allowed to rise to reflect its full scarcity value," the bank said in a report published Monday. ... more Tibet plans holiday for China's 'liberation of serfs': report ![]() Tibet may introduce a holiday to celebrate the "liberation of millions of serfs", an official and state media said Monday, in an apparent reference to China's crackdown on a rebellion five decades ago. The legislature of the region, the Tibetan region's People's Congress, will meet this week to discuss a proposal for the holiday to be every year on March 28, according to a legislative spokes ... more China urges increased vigilance against bird flu during holiday ![]() China urged Monday medical institutions to step up vigilance against bird flu outbreaks during the Lunar New Year holiday, a week after a teenager died of the disease. "Medical institutions must strengthen monitoring, especially in areas where bird flu could erupt, and particularly during the Spring Festival," health ministry spokesman Mao Qun'an told reporters. Mao said anyone who faile ... more China steps up food inspections ahead of Spring Festival ![]() China announced Monday it was stepping up food inspections ahead of the Spring Festival holiday in a bid to prevent safety scares following the nation's tainted milk scandal. "Every locality... must increase supervision and inspection of markets important for the holiday, and important food companies and restaurants," Mao Qun'an, a spokesman for the Health Ministry, told reporters. ... more |
farm
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![]() ![]() Japan's major retailers are stepping up purchases from suppliers in Asia other than their traditional source, China, as labour costs there continue to climb, a report said Monday. The yen's appreciation has also prompted the companies to diversify their supply chains while consumers tighten their purse strings in the middle of the economic downturn, the business daily Nikkei said. Ito-Yo ... more China's exports fall for second month amid crisis: state media ![]() Chinese exports extended their decline into a second month in December as the global crisis continued to hurt its heavily trade-dependent economy, state media reported Tuesday. Imports dropped even more sharply, leaving China with its second-largest trade surplus ever, according to customs figures published in the China Daily. Exports from the world's fourth-largest economy dropped 2.8 p ... more China's BYD to bring plug-in hybrid, electric cars to US in 2011 ![]() China's BYD Auto announced plans Monday to enter the US market in 2011 with a range of electric and plug-in hybrid vehicles. It would likely be the first Chinese automaker to enter the highly-competitive US market and beat many established automakers in offering an extended-range electric vehicle to US consumers. General Motors, Chrysler and Nissan are expected to be the first to introd ... more China 2008 auto sales growth slows to eight percent: state media ![]() Sales of vehicles in China rose about eight percent to 9.4 million units in 2008, less than half the growth rate for the previous year, state media reported Monday, citing an industry group. Demand for vehicles has been hit by the global economic slowdown, and the outlook for 2009 remains gloomy, the People's Daily reported, citing Hu Maoyuan, chairman of the China Association of Automobile ... more |
satellite-biz
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![]() ![]() China Saturday denied allegations that it wanted to close its rail industry to foreign manufacturers and that it had profited from stealing their technology. It was responding to comments made by Philippe Mellier, chief executive of French firm Alstom Transport, in a recent interview in the Financial Times newspaper. Mellier called for a boycott of Chinese-made trains, claiming China ... more China moves to bail out aviation industry amid global crisis ![]() China announced Friday a huge loan package for its main aircraft maker and tax breaks for its airlines, as further evidence emerged of the industry's troubles amid the global economic crisis. China Aviation Industry Corporation, the main state-owned aircraft maker, said it had secured a pledge of up to 176 billion yuan (25.7 billion dollars) in domestic bank loans. "The credit quota show ... more India Inc in damage-control mode after billion-dollar fraud scandal ![]() A billion-dollar accounting scandal at one of India's top outsourcing firms has left the government and financial regulators scrabbling to control the damage. Besides huge losses for investors, the scandal has seriously dented India Inc.'s reputation for strong corporate governance, often viewed as being a notch above its other Asian rival, China. "The admission of fraud in financial aff ... more No breakthrough as Japan, China discuss gas field ![]() Japan and China made no visible progress in talks Friday on their renewed row over gas fields in the East China Sea. Japan's Vice-Foreign Minster Mitoji Yabunaka and his Chinese counterpart, Wang Guangya, held the meeting behind closed doors in Tokyo, as part of efforts by Asia's two biggest economies to ease years of tension. "We held candid talks for four hours and a half," Japan's for ... more
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milplex
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