Link to the article: Channel 4 News
China has the second largest economy in the world but its hasn’t yet been punching its weight when its comes to global economic influence. Thanks to the euro bailout deal agreed in Brussels this week that is all about to change. As Europe goes cap in hand to the forbidden city asking for the cash to finance their euro rescue fund we can clearly see global economic power sailing east.
Showing posts with label china. Show all posts
Showing posts with label china. Show all posts
Friday, 28 October 2011
Thursday, 27 October 2011
What role will China play in the euro bailout..?
Link to the article: Channel 4 News
An outline deal to save the eurozone has been agreed - but does it still need China's input to succeed? Let's hope not, because a top economist tells Channel 4 News the country may not be interested.
An outline deal to save the eurozone has been agreed - but does it still need China's input to succeed? Let's hope not, because a top economist tells Channel 4 News the country may not be interested.
Sunday, 12 December 2010
China sets policy to rein in inflation
Link to the article: Financial TimesBy Geoff Dyer in Beijing and Patti Waldmeir in Shanghai
China will step up efforts to fight inflation next year after prices rose more than 5 per cent in November, according to a statement released after an annual economic policy meeting in Beijing.
The 5.1 per cent rise in the consumer price index in November was higher than expected, and up from 4.4 per cent in October. It is also well above the government’s 3 per cent inflation target and will increase pressure on the authorities to raise interest rates and further rein in the huge monetary stimulus of the past two years.
Sean O'Grady: Population rise gives India the edge over one-child China
Link to the article: The Independent
One of the more disturbing realities facing the nation this festive season is that the cuts aren't just for Christmas – they're for life.
Face it. Your local library will never reopen; VAT will stick at 20 per cent for ages; higher tuition fees are here to stay. Indeed, I would guess that they could quite conceivably go beyond £9,000 a year, in a second coalition, or Conservative, term equipped with a bigger parliamentary majority.
Complete marketisation of fees might not be practicable, on the grounds, for example that the nation would be left with no doctors if it cost students hundreds of thousands to train. But there is plenty of room for the more rewarding courses (in salary terms) to grow still more expensive. Before any students get ready to push unpleasant parcels through my letterbox, I must stress that I'm not advocating this policy, merely pointing it out. Sadly, even if the parties promise to cap them at that level, who would believe them? Short of the NUS fielding its own candidates in student strongholds, I don't know how they could be guaranteed as reliable allies in Parliament. Even then, it would need young people to remember to register to vote. Pretty hopeless, really.
One of the more disturbing realities facing the nation this festive season is that the cuts aren't just for Christmas – they're for life.
Face it. Your local library will never reopen; VAT will stick at 20 per cent for ages; higher tuition fees are here to stay. Indeed, I would guess that they could quite conceivably go beyond £9,000 a year, in a second coalition, or Conservative, term equipped with a bigger parliamentary majority.
Complete marketisation of fees might not be practicable, on the grounds, for example that the nation would be left with no doctors if it cost students hundreds of thousands to train. But there is plenty of room for the more rewarding courses (in salary terms) to grow still more expensive. Before any students get ready to push unpleasant parcels through my letterbox, I must stress that I'm not advocating this policy, merely pointing it out. Sadly, even if the parties promise to cap them at that level, who would believe them? Short of the NUS fielding its own candidates in student strongholds, I don't know how they could be guaranteed as reliable allies in Parliament. Even then, it would need young people to remember to register to vote. Pretty hopeless, really.
Sunday, 25 April 2010
China gains clout at World Bank
Link to the article: Reuters
Apr 25 - The World Bank agreed to give emerging economies greater influence in the institution, a shift that puts China third in voting power behind the U.S. and Japan. Jon Decker reports.
Apr 25 - The World Bank agreed to give emerging economies greater influence in the institution, a shift that puts China third in voting power behind the U.S. and Japan. Jon Decker reports.
Friday, 26 March 2010
Google's rift with China is a calculated business risk
Link to the article: BBC News
Google's move into China four years ago was billed by some people as a battle between the irresistible force and the immovable object.
The inexorable expansion of the internet - epitomised by Google - would never exist happily in a command economy like China, said critics.
By taking its search engine onto Chinese soil - and thus agreeing to Beijing's censorship rules - Google was accused of trading reputation for profit.
On Monday, however, Google pulled its search facility out of mainland China, redirecting users to an uncensored site in Hong Kong.
What now for both profits and reputation? Has it shut the door on the world's biggest internet market?
The Great Firewall
China has hit back at Google, limiting its citizens' use of the search facility through web filters that are collectively known as the Great Firewall.
And some of Google's business partners are already starting to distance themselves from the company.
Google's move into China four years ago was billed by some people as a battle between the irresistible force and the immovable object.
The inexorable expansion of the internet - epitomised by Google - would never exist happily in a command economy like China, said critics.
By taking its search engine onto Chinese soil - and thus agreeing to Beijing's censorship rules - Google was accused of trading reputation for profit.
On Monday, however, Google pulled its search facility out of mainland China, redirecting users to an uncensored site in Hong Kong.
What now for both profits and reputation? Has it shut the door on the world's biggest internet market?
The Great Firewall
China has hit back at Google, limiting its citizens' use of the search facility through web filters that are collectively known as the Great Firewall.
And some of Google's business partners are already starting to distance themselves from the company.
Tuesday, 23 March 2010
Google's next move
Link to the article: Reuters Video
Mar 23 - After re-directing users to its Hong Kong website, Google faces some big decisions about its future strategy. Bobbi Rebell reports.
Mar 23 - After re-directing users to its Hong Kong website, Google faces some big decisions about its future strategy. Bobbi Rebell reports.
Tuesday, 6 October 2009
The demise of the dollar
Link to the article: The Independent
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.
By Robert Fisk
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.
The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.
Wednesday, 24 June 2009
Even greater wall of China
Link to the article: Channel 4 News
By Channel 4 News
The government in China is introducing technology to allow greater control of what people can see online.
Protests against local and national officials can now be seen around the world, so the authorities are planning to install software onto every imported computer allowing the government to filter all access to the internet.
By Channel 4 News
The government in China is introducing technology to allow greater control of what people can see online.
Protests against local and national officials can now be seen around the world, so the authorities are planning to install software onto every imported computer allowing the government to filter all access to the internet.
Wednesday, 15 April 2009
Business Update:China GDP record low
Link to the article: Reuters
(01:27) Report
Apr 15 - Chinese newspaper reports China's annual GDP growth slipped to a record low in the first quarter.
Kitty Bu reports
(01:27) Report
Apr 15 - Chinese newspaper reports China's annual GDP growth slipped to a record low in the first quarter.
Kitty Bu reports
Monday, 30 March 2009
The new economic superpower
Link to the article: Channel 4
Last Modified: 30 Mar 2009
By: Channel 4 News
While the world sinks into economic turmoil China's own $500bn stimulus plan is set to boost local markets and exports. So should the west be looking east for recession salvation?
The real action at this week's global summit is less about the G20 than the two countries dubbed the G2 - China, and America.
China's economy is slowing but still booming and is set to grow by at least 6.5 per cent this year, according to the World Bank.
So can China really save the world - and does it want to?
Chinese ambassador, Fu Ying, speaks to Jon Snow about the country's economic growth.
Last Modified: 30 Mar 2009
By: Channel 4 News
While the world sinks into economic turmoil China's own $500bn stimulus plan is set to boost local markets and exports. So should the west be looking east for recession salvation?
The real action at this week's global summit is less about the G20 than the two countries dubbed the G2 - China, and America.
China's economy is slowing but still booming and is set to grow by at least 6.5 per cent this year, according to the World Bank.
So can China really save the world - and does it want to?
Chinese ambassador, Fu Ying, speaks to Jon Snow about the country's economic growth.
Wednesday, 25 March 2009
China: Coke deal anti-consumer
Link to the article: Reuters Video
(01:07) Report
Mar 25 - China says it rejected Coca-Cola's bid for juice maker Huiyuan because it feared the firm could deter competitors to the detriment of consumers.
The government feared Coca-Cola, which controls over 60 percent of the Chinese soft drinks market, would transfer its dominance into the juice beverage sector and stamp out competition.
Stefanie McIntyre reports
(01:07) Report
Mar 25 - China says it rejected Coca-Cola's bid for juice maker Huiyuan because it feared the firm could deter competitors to the detriment of consumers.
The government feared Coca-Cola, which controls over 60 percent of the Chinese soft drinks market, would transfer its dominance into the juice beverage sector and stamp out competition.
Stefanie McIntyre reports
Monday, 2 March 2009
The people's march for jobs
Link to the article: Channel 4
Last Modified: 02 Mar 2009
By: Faisal Islam
With exports dropping and unemployment rising, China is faced with a massive task: how to reshape its economy and stave off recession.
Today's fresh collapse in share prices shows that the credit crunch is still eating away at western economies.
For a while, it seemed China would ride out the economic crisis - its booming industries helping to steer the world away from depression.
But now the Chinese authorities are faced with a massive task in reshaping their entire economy.
Faisal Islam reports from Guangdong and Shanghai - China's industrial and financial heartlands - on a massive upheaval that could shape the future of the world economy.
Last Modified: 02 Mar 2009
By: Faisal Islam
With exports dropping and unemployment rising, China is faced with a massive task: how to reshape its economy and stave off recession.
Today's fresh collapse in share prices shows that the credit crunch is still eating away at western economies.
For a while, it seemed China would ride out the economic crisis - its booming industries helping to steer the world away from depression.
But now the Chinese authorities are faced with a massive task in reshaping their entire economy.
Faisal Islam reports from Guangdong and Shanghai - China's industrial and financial heartlands - on a massive upheaval that could shape the future of the world economy.
Subscribe to:
Posts (Atom)
Posts
