Economic Observer Brief

June 9, 2009 by paulchen · Comments Off
Filed under: News Brief 
China Economic Observer News Brief:
  • Chinalco and Rio Tinto to Develop Simandou Iron Ore Project
       Yesterday, Chinalco reached an agreement with Rio Tinto to found a joint company to explore and operate the Simandou iron ore project located in Guinea; Chinalco will invest 1.35 bil…


  • China Everbright Bank Plans to be Listed on the A-share Market August 18
       China Everbright Bank (CEB) has made public its application to be listed on the A-share market, which, if approved by the China Securities Regulatory Commission, will make it the 16t…


  • Chinese Banks’ Beijing Branches Start Charging for Printing of Account Statements
       The Beijing branches of many Chinese banks, including the Bank of China, the Industrial and Commercial Bank of China, the Shanghai Pudong Development Bank, and the Communications Ban…


  • China to Transfer 4% of GDP to Education Sector in 2012
       China released its National Medium and Long-term Project on Reform and Development of Education Sector (2010-2020) yesterday, raising a target of transferring four percent of the cou…


  • Official Statement in Response to Decision to Revoke Arrest Order
       The Economic Observer responds to Lishui City Public Security Bureau’s decision to order Suichang County’s Public Security Bureau to revoke the order for the arrest of Qiu ZimingToda…


  • Who gave you permission to do a live broadcast?
       http://t.sina.com.cn/1642512402/20sDmFc4Y…


  • Focus of Income Distribution Reform Shifts to Reducing Flow of Wealth to Government
       News, Cover, Issue 473, June 14Translated by Tang Xiangyang: [Chinese]To reduce social conflicts, ensure social fairness and pursue sustainable economic development, the Chinese gove…


  • 44 Dead After Bridge Collapse in Henan
       The collapse of a bridge in central China’s Henan province last Saturday caused 44 deaths and another 22 people are still missing.SourceChina News ServiceGoogle Translation…


  • Ten Killed in Nanjing Factory Explosion
       An explosion at a factory in Nanjing on July 28 has killed 10 people and injured over one hundred. The explosion was caused by a gas leak after a propylene pipeline was damaged as wo…


  • China Approves Geely’s Acquisition of Volvo
       People familiar with the matter told the EO that China’s National Development and Reform Commission and Ministry of Commerce have approved the application of China’s largest private …

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    Echinacities Brief

    June 9, 2009 by paulchen · Comments Off
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      China’s markets have great potential and lots of uncertainties as well. The huge markets are very attractive to the wandering enterprises outside of China. In the mean time, there are unpredictable risks in those immature markets. After more than thrity years of exploration in market economy, China’s merchandise and service markets are experiencing unprecedented developments and changes, which are hard to infer with an authoritative model since there have never been such changes happened in other countries ever before. Besides, low transparency of China’s market policies, imperfection of rules and regulations, inaccuracy of statistical figures, and plenty of market loopholes cause difficulties for enterprises to make decisions.

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