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China’s
Economic and Social Developments
~ 2004
[News] [Papers]
Southeast Asians Finish China
Trade Pact
(AP,
Nov. 28, 2004) Southeast Asian ministers completed a free trade pact with
China and other accords to be adopted at a meeting of their leaders.
China's Economy Continues to
Grow at a Rapid Pace
(NYT, Oct. 23, 2004) China's economy continued to grow rapidly in the most
recent quarter, despite government efforts to cool investment, according to
figures released.
China's Foreign Trade to
Reach 1 Trillion US Dollars in 2004
(People’s Daily, Sep. 20, 2004) China's imports and exports will reach 1,000
billion US dollars in 2004, said Bo Xilai, China's Minister of Commerce.
Chinese Academic Levels Rare
Criticism at China's Propaganda Machinery (AFP, May 5, 2004) A leading Chinese
academic has launched a vicious attack on the country's powerful propaganda
department, claiming it has butchered freedom of speech and protects corrupt
officials.
China Commits to Cooling
Economy
(Reuters, Apr. 29, 2004) Premier Wen Jiabao says China
is committed to forceful measures to cool its fast-growing economy, which has
benefited global growth but, left unchecked, has the potential to drag it
down.
China Denies Economy Is Overheating
(Financial Times, Nov. 26, 2003) China's top
economic officials have rejected claims that the economy is overheating.
China's Communist Party
Urges More Parity for Private Business
(AP, Oct. 22, 2003) China's Communist Party urged greater equality between
private businesses and state companies, but seemed to rule out any radical
reforms.
China Posts Rapid GDP Growth
(CNN.com, Oct. 17, 2003) China's gross domestic
product rose 9.1 percent in the third quarter compared with a year earlier.
The figures confirm China's status as among the fastest-growing economies in
the world.
China Insistent on
Protecting Currency
(NYT, Sep. 19, 2003) The head of China's central
bank defended his country's determination to hold its currency at the current
level against the dollar and to maintain controls on large flows of money.
Venture to Drill for Gas and
Build Pipeline Off China
(NYT, Aug. 20, 2003) Two big Chinese energy
companies and two multinationals agreed to set up what could become China's largest
offshore natural gas project, linking several fields in the East China Sea by
pipeline to Shanghai.
Despite SARS, China Economy
Grows
(AP, July 17, 2003) China's economy grew by 8.2 percent in the first half of
this year despite the SARS outbreak, which hurt airlines and other service
businesses.
Chinese Economy to Grow 8
per cent This Year
(Straits Times, July 9, 2003) A chief government economist says China expects
to report growth of more than 8 per cent for the first half of this year.
China's Communist Party to
Deepen Reforms
(Reuters, June 30, 2003) China's Communist Party pledged Monday, the eve of
the anniversary of its foundation, to deepen cultural reforms to free
authors, artists and actors from dogmatic Marxist thinking.
China and Hong Kong to Sign
Trade Accord to Cut
(NYT, June 17, 2003) Top officials from mainland China and Hong Kong will
sign a trade agreement on June 30 that will eliminate all tariffs on many
goods and remove restrictions on trade in many services, Hong Kong's leader
announced this evening.
Hong Kong and China Near
Trade Pact
(NYT, June 10, 2003) Hong Kong and mainland China expect to conclude a broad
and detailed free trade agreement by the end of this month, senior officials
said.
Hu's Visit Seals Energy
Deals
(China Daily, June 4, 2003) Kazakhstan welcomed Hu Jintao on his first visit to
the country as China's President, on a day when the two countries committed
to major energy partnerships.
China's Role as
Manufacturing Base Here to Stay
(Taiwan News, May 23, 2003) The short-term effects of the severe acute
respiratory syndrome outbreak will not change China's status as a workshop
for Taiwanese companies, business leaders said.
China Moves to Control
Liberal Paper
(Financial Times, May 4, 2003) The official who enforced the suppression of
news about the Sars virus has been appointed editor-in-chief of one of the
country's most adventurous and liberal newspapers.
China Invited to G8's Table
(BBC, Apr, 27, 2003) France has invited Chinese President Hu Jintao to join
the world's seven most industrialised countries and Russia at a summit in
France in June.
China Claims No. 5 Trade
Spot
(CNN.com, Apr. 25, 2003) China has consolidated its position as one of the
world's great trading nations, vaulting past the U.K. into fifth spot.
China Economy to Slow as
SARS Hits
(Reuters, Apr. 21, 2003) China's admission that the SARS virus is far more
widespread than previously acknowledged is taking the shine off an economy
that has been the envy of the region.
China Reports US$1.03 Bn
Trade Deficit in 1st Quarter of 2003
(People’s Daily, Apr. 14, 2003) In the first quarter of this year, China's
total import/export value reached US$173.66 billion, up 42.4 percent over the
same period of the previous year.
China's Economic Outlook
Gets High Marks
(Asia Times, Mar. 7, 2003) An international business poll on the state of the
world economy today rated the economic outlook in China as the most positive
in Asia.
China's Economy Grew by 8
per cent Last Year
(Reuters, Mar. 1, 2003) Beijing says its spending and foreign investment
could generate same growth in 2003, barring further global downturn.
US Magazines Enter China
Market in Search of Growth
(Reuters, Feb. 7, 2003) Three high-profile US magazines have entered the
China market in recent months, searching for growth opportunities amid one of
the worst global advertising slumps in recent memory.
China Says Economy Grew
Eight Percent
(Reuters, Dec. 30, 2002) China said its gross domestic product grew 8.0
percent in 2002 as booming exports, robust domestic consumption and a rush of
investment helped the world's fastest growing major economy.
China Exports Rise 19.4 pct
on U.S. and Europe Sales
(Reuters, Oct. 15, 2002) China said strong U.S. and European demand had
helped fuel a strong rise in exports so far this year. Exports in the January
to September period were $232.56 billion, up 19.4 percent from a year
earlier, while imports rose 17.2 percent to $212.57 billion.
China Surpasses US as
World's Most Attractive Investment
(Financial Times; Sep 23, 2002) China has for the first time supplanted the
US as the most attractive destination for foreign direct investment,
according to senior executives of the world's largest companies.
China to Promote Democracy
in State, Collective-owned Factories
(People’s Daily, June 24, 2002) State- and collective-owned factories plus
those with shares mainly held by state or collective-owned companies should
open up their internal affairs to all their staff.
China Jobless Figures Enter
Danger Zone
(Straits Times, June 15, 2002) China's urban unemployment rate has already
passed the 7 per cent danger mark, a threshold beyond which experts warn
social unrest becomes inevitable as people's tolerance is stretched to the
limit.
China Becomes World's Sixth
Biggest Economy
(People’s Daily, Jan. 1, 2002) China has snatched the sixth place from Italy
in the table of the world's top economic powers, the Bloomberg news agency
reported. Italy's GDP was 1.1 trillion U.S. dollars, Bloomberg said, noting
that this was less than the 1.2 trillion dollars cited by China's central
statistics office.
Dying to Make China
Successful By Willy Lam
(Asian Wall Street Journal, Dec. 15, 2004) The continuing bane of industrial
accidents raises the question of whatever happened to the "putting
people first" mantra of President Hu Jintao and Premier Wen Jiabao.
With Its Buying Binge, Is
China Shopping for Security? By Howard French (International Herald Tribune, Dec. 13, 2004) Over the past
year, the Chinese government and some of its largest companies have crossed
the globe. The idea is to secure supplies of oil and other raw materials with
which to prime China's formidable industrial sector.
Taiwan Watches Its Economy
Slip to China By Keith Bradsher
(New York Times, Dec. 13, 2004) When the Lenovo Group Ltd. of China
agreed last week to buy I.B.M.'s personal computer division in exchange for
cash and a large block of Lenovo stock, it was an even greater shock for
people in Taiwan than those in the United
States.
A Chinese History of
Dispossession and Exploitation By Jim Yardley (New York News, Dec. 8, 2004)
Even today, farmers in China have few property rights. In October, Prime
Minister Wen Jiabao announced administrative reforms to insure fairer
compensation for farmers who lose land.
Chinese Officials Seek to
Pump Up the Party By Edward
Cody
(Washington Post, Dec. 3, 2004) As China moves ever more deeply into a
free-market economy, the ruling Communist Party has decided to launch an
18-month campaign to reinvigorate socialist ideology and strengthen the
party's leading role in society.
The People's Verdict: Going
to Court in China Pays Off By Don Lee (LA Times, Nov. 29, 2004) Nationwide,
more than 781,000 civil lawsuits were filed in China last year, according to
government figures. That's 115,000 more than two years earlier.
China Faces Up to Growing
Unrest By Paul
Mooney
(Asia Times, Nov. 15, 2004) More than 58,000 major incidents of social unrest
took place in China last year, up 15% from 2002. The surge could be explained
by the freer flow of information on the Internet and by media and activists
contacting foreign reporters.
Civil Unrest Challenges
China's Party Leadership By Philip P. Pan
(Washington
Post, Nov. 4, 2004; Page A18) As police battled to suppress deadly ethnic
clashes last week in central China, tens of thousands of rice farmers
fighting a dam project staged a huge protest in the western part of the
country.
China Cools, But Reform Must
Go On By Tung Chen-yuan
(Taipei Times, Aug. 18, 2004) China's overheating economy is due to excess
investment expansion over the past year. During the first quarter of the
year, fixed asset investment in China increased by 43 percent.
China's Energy Paranoia By Willy Lam
(Wall Street Journal, July 30, 2004) China's concern with securing
enough oil to meet its spiraling energy needs is becoming an obsession tinged
with elements of Cold War-era paranoia that risks further upsetting strained
relations with some of its Asian neighbors.
The Chinese Century By Ted C. Fishman
(New York Times, July 4, 2004) China used to be far away, the country at the
bottom of the world. Certainly that must be how it seemed just 20 years ago
in a place like Pekin, Ill., a city of 34,000 residents on the Illinois River
that took its name from the Chinese capital in the 1820's.
China's Choke-Hold Over Asia By Andrew Batson
(Far East Economic Review, July 8, 2008) China has responded to a worsening
energy crisis by building power plants, most of which are coal-fired. Now
other Asian countries must decide what to do about the dirtier air that the
booming Chinese economy is sending their way.
China Debates Its
"Peaceful Rise" Strategy By Evan S. Medeiros (YaleGlobal, June 22, 2004)
Beginning in late 2003, senior Chinese leaders and prominent analysts began
promoting the notion of “peaceful rise” as “the new pathway” and the
strategic choice for China in the coming decades.
China's Soft Landing
(Editorial, New York Times, June 11, 2004) Everyone has a stake in China's
industrialization. China is now one of the world's twin economic engines,
alongside the United States.
China: The Missing Member at
the G-8 Table By Jeffrey E. Garten
(YaleGlobal, June 3, 2004) The Group of Eight should expand to include a key
player in the global economy. Next to the US, China has more impact on global
supply and demand than any other country.
China's Moves to Cool
Economy Making an Impact
(Reuters, May 28, 2004) Measures like curbing
credit to growing sectors and investment controls working to prevent hard
landing, says World Bank.
China Will Change in
Its Own Way
By WeiWei
Zhang
(International
Herald Tribune, May 21, 2004) China is still widely
depicted in the Western news media as a totalitarian state, and its economic
success as economic reform without political reform.
China Anxiously Seeks a Soft
Economic Landing By Keith Bradsher (New York Times, May 7,
2004) After a decade with the economic throttle wide open, China is
overheating, and the country's leaders are now grappling with ways to slow
the breakneck growth without choking it off.
Is China Putting Out Fires,
or Setting New Ones? By David DeRosa
(Bloomberg News, May 3, 2004) The
key question is whether the authorities can control what some have described
as a bubble economy without bringing down the whole house.
Let Freedom Ring? Not So
Fast. China's Still China. By Joseph
Kahn (New York Times, May 3, 2004) Jiao Guobiao, a
professor at Beijing University, wrote in an essay that China's censors were
still limiting speech. The essay was banned but was still widely read.
Elections Make Inroads in
China By Edward Cody
(Washington
Post, May 2, 2004) Across the 13,500 villages of Yunnan province, farmers
allowed to cast ballots for their village leaders have turned out twice in
heavy numbers, with more than 90 percent.
China and Japan: In the Pipeline
(Economist, Apr. 29, 2004) China and Japan are
locked in a fierce diplomatic and economic struggle to win access to Russian
oil
Is China's Economy
Overheating? By Leslie
Fong
(Straits Times, Apr. 30, 2004) A heated debate erupted during a recent
closed-door meeting on the Chinese economy chaired by Premier Wen Jiabao.
Professor Wu Qinglian argued fervently for state intervention to cool a
rapidly overheating economy.
When Will
'Asian Dollar' Come True?
(Xinhua News, Apr. 26, 2004) "'Asian
Dollar' is a goal that is worth pursuing," said Long Yongtu, secretary
general of the Boao Forum for Asia 2004 Annual Conference on April 25.
Is China's Economy
Overheating? By David Ignatius
(Washington Post, Apr. 20, 2004) Inside a bubble economy, people begin to
think that good times will last forever. That was true in Japan in the 1980s
and in America in the late '90s. And it's true now in China.
In China, Troubling Signs of
an Overheating Economy By Keith Bradsher (New York Times, Apr. 14, 2004) There were more worrisome signs
of inflationary pressure in China, as Beijing announced that bank lending
climbed briskly in March and the central bank failed to sell all the treasury
bills that it tried to auction at current interest rates.
Like Japan in the 1980's,
China Poses Big Economic Challenge By Keith Bradsher![]() (New York Times,
March 2, 2004) "China could do what Japan did, as a very fast follower,
but China could do it bigger and better and for a longer period of
time."
The China Riddle By Robert J. Samuelson
(Washington Post, Jan. 30, 2004) China is the
question, but what's the answer? Everyone recognizes that China's emergence
as an economic superpower is a surpassing development, even if we don't know
its full significance.
Chinese Middle Class? It's
Just a Myth, Study Finds
(Straits Times, Jan. 27, 2004) Although nearly half
of mainlanders consider themselves middle class, only 4% meet the criteria,
research shows.
China's Leaders Manage Class
Conflict Carefully By Joseph
Kahn
(New York Times, Jan. 25, 2004) If Karl Marx were alive today, Guangdong might be his
Manchester. 21st century Guangdong, China's southern commercial hub, is the
world's factory.
The Talk of the Town at
Davos: China By Eric
Pfanner
(International Herald Tribune, Jan. 25, 2004) World Economic Forum's annual talkfest
has a simple, one-word answer for many of the key questions facing the world
in 2004: China.
China's Dark Days and Darker
Nights By Peter S.
Goodman
(Washington Post, Jan. 5, 2004) China's relentless industrial development has
outstripped its supply of power. The government forecasts shortages of 10 to
15 percent in key manufacturing areas.
China Emerges as World's Workshop,
to Consolidate Gains in 2004 (AFP, Dec. 22, 2003) China's economy is set firmly on course for
another strong year in 2004, with the country emerging as the unquestioned
workshop of the world as it produces an increasingly sophisticated range of
goods.
The Long March to Prosperity By Martin Wolf
(Financial Times, Dec. 9, 2003) Can China continue to grow at anything close
to currentrates for another two decades, or even more? The answer is a
resounding Yes.
Asian Exporters Ride China
Wave By Lee Kim
Chew
(Straits Times, Dec. 1, 2003) Racing ahead with 9-per-cent economic growth
this year, China has become the fastest-growing export market for several
Asian countries.
Superpower Dream Behind
China's Heavy Industry Push By Guo
Shiping (Straits Times, Nov. 19 2003) China's concept
of a superpower encompasses not just economic but also military and
technological strength. The policy to accelerate economic development in the
north-east is, therefore, laying the foundation for China to become a
superpower.
China Accelerates
Privatization, Continuing Shift From Doctrine By Philip P. Pan (Washington Post,
November 12, 2003) China is accelerating the privatization of tens of
thousands of state-owned businesses that once served as pillars of Communist
Party rule.
WTO Calls on China to
Kick-Start Stalled Talks
(Straits Times, Nov. 11, 2003) World Trade
Organisation chief Supachai Panitchpakdi called on the Asian powerhouse to
take the lead in helping to get the stalled Doha trade talks back on track.
China on Way to Being World
Trade Superpower By James
Kynge
(Financial Times, Nov. 6, 2003) Not only is Beijing expected to rack up
another record trade surplus with the US, it will also eclipse Japan to
become the world's third largest importer - behind Germany and the US.
Opportunity or Threat? The
US Struggles to Solve the Puzzle of Its Trade with China (Financial Times, Nov. 4, 2003) The
rise of China as a leading exporter has touched off a crisis of confidence in
some sectors of the US economy not seen since the 1990s.
China's Newsstand Fever By Dexter Roberts
(Newsweek, Nov. 10, 2003) Foreign magazines are a
hit in China. Will the party let them prosper? That's not to say
Beijing is prepared to lift all limits.
China's Growth Is
Opportunity Not Threat, Says Study
(Financial Times, Oct 30, 2003) China's
increasing economic power is more of an opportunity than a threat to other
East Asian economies, according to an Australian government report published.
Shanghai Rocks! By Pepe Escobar
(Asia Times, Oct. 29, 2003) Right now no destination can even dream of rivaling
Shanghai as the most exciting city in Asia. If "to get rich is
glorious", nowhere is getting rich more glorious than in Shanghai.
A China 'Bubble'? By Robert J. Samuelson
(Washington Post, Oct. 23, 2003) Sooner or later,
bubbles pop. China would depend even more on foreign trade and investment. If
that's not a formula for trouble, what would be?
China's Influence on the Global Economy By Lawrence Lindsay
(Center for Strategic and International Studies, Oct. 2003) China is unlikely
to adopt a flexible exchange rate because it lacks the political and economic
confidence to support it.
A Leader in the Ascendancy By Mure Dickie and Richard McGregor (Financial Times, Oct. 18, 2003) Mr Hu and Mr Wen have recognised
that the country needs a new legal framework to keep pace with the Chinese
entrepreneurial class.
China's Growth Races Ahead
(BBC, Oct. 17, 2003) China's annual growth rate
has topped 9% - fuelling concern its economy could be overheating. The
Chinese authorities have attempted to prevent overheating in some sectors.
Quietly Plotting Their
Course By David Murphy
(Far Eastern Economic Review, Oct. 23, 2003) Chinese Communist Party leaders
grapple with the problems of keeping the economy on track and implementing
wider market reforms until 2010.
China's Growth Pillars By Jason
Leow
(Straits Times, Oct. 11, 2003) China needs to find new industries for the
jobless and is holding out the private sector as a beacon of hope. Income
inequality is also a growing issue.
China in Danger of
Overheating, Say Economists
(Financial Times, Oct. 8, 2003) China's economy
may be growing much faster than official economic statistics suggest and is
in danger of overheating, according to an emerging consensus among foreign
and local economists.
Beijing Faces Huge Deficit
But Forced to Spend By Mary Kwang
(Straits Times, Oct. 6, 2003) China is staring at a huge budget shortfall, no thanks to Sars,
floods, earthquakes and costly projects.
China Is Getting a Bad
Trade-Gap Rap By Bruce
Einhorne
(BusinessWeek, Oct. 6, 2003) One big reason its deficit with the U.S. is
growing: So many factories from elsewhere in Asia are moving there.
Another Big Reason China
Won't Revalue By Frederik
Balfour
(BusinessWeek, Oct. 6, 2003) We knew China's banks were sick. But we didn't
know they were this sick. That, in essence, is the latest lesson from the
debate over revaluing China's currency.
Go West: China Looks to
Transform Its Frontier By Robert
Marquand
(Christian Science Monitor, Sep. 26, 2003) Beijing is on a 50-year plan to build
colleges, hospitals, and roads in the resource-rich region. Ethnic tensions
were sharply rising among Uighurs, including separatists.
China's Exchange Rate a
Problem By Tung
Chen-yuan
(Taipei Times, Sep. 26, 2003) On Sept. 15, the Chinese government issued 2.4
billion yuan of national debt. The market reaction, however, was uncommonly
cool.
Will China Be Jobbed by WTO? By Tom Plate
(Asia Pacific Media Network, Sep. 22, 2003) At Cancun, Beijing positioned
itself at the center of the so-labeled G22, a new group of ‘‘emerging’’
economies that includes, notably, India.
China's Strange Hybrid
Economy By Keith
Bradsher
(New York Times, Sep. 21, 2003) After shifting more than halfway from
Communism to capitalism, China has a strange hybrid economy. Goods can flow
freely in and out of the country with few restrictions.
China Joins the Global
Economy By David Zweig
(YaleGlobal, 15 Sep. 2003) China's rise from an isolated giant to one of the
world's fastest growing economies and a poster-child of globalization is a
well-known story. But how China's commissar achieved this feat bears
retelling.
Economic Worries in China as
Companies Pile Up Debt By Keith Bradsher (New
York Times, Sep. 4, 2003) The worry in China is that the economy is
overheating. This is a particular worry in sectors that involve investments
in new buildings and equipment.
Developing the West:
Building It--But Will They Come? By Ben Dolven (Far Eastern Economic
Review, Sep. 4, 2003) In Chongqing, authorities are building massive
infrastructure projects in hopes of bringing China's economic miracle inland.
But the city has far to go before it becomes a coastal-style investment
magnet for western China.
A Chinese Robin Hood Runs
Afoul of Beijing By Joseph Kahn
(New York Times, Aug. 24, 2003) The arrest of a rural
businessman who antagonized government officials but earned a loyal following
among peasants has created a sensation in Beijing.
China's Unwelcome Growth:
Joblessness By Richard Halloran
(Straits Times, Aug. 21, 2003) The multitude of
people out of work or in meagre part-time jobs is soaring upwards of 300
million, and it is affecting the nation's foreign policy.
The Rise of China Inc. By Charles Stein
(Boston Globe, Aug. 19, 2003) US manufacturers say Asian competitor has grown
too big to ignore. For big global companies, China represents what it always
has: a small market with potential to grow much larger.
China's
Emerging Civil Society By Zhang Ye
(Brookings Institution, Aug. 2003) One of the significant developments of
Chinese society in the past two decades is the emergence of non-governmental
organizations (NGOs). While this quiet "revolution" has occurred in
China, little of it has been reported to the outside world.
China Becomes a World-Class
Oil Buyer
(Asahi Shimbun, July 23, 2003) China, with its economy growing too large for
its shrinking domestic energy supplies, stands poised to become a major
international oil buyer.
Hu's on First, and China Is
Playing Ball By Ian
Bremmer
(Financial Times, July 14, 2003) Investors concerned about the changing of
the guard in China and political fall-out from Sars can rest soundly. The
prospects for China's markets are strong.
Free-Trade Agreements:
China's Tight Embrace
(Far Eastern Economic Review, July 17, 2003) A proliferation of free-trade
agreements in Asia has the business community turning giddy with the prospect
of open markets and more efficient production. But superpower machinations
could overshadow the benefits as China deploys economic diplomacy in a bid
for regional primacy.
More Power Shortages a Sure
Bet in China
(Agence France Presse, July 6, 2003) More electricity shortages are a sure
bet in power-hungry China as the nation's regulators race to keep pace with
the increasing demands of a burgeoning economy.
China Opens a Door to Trade
Agreement By Keith
Bradsher
(New York Times, July 1, 2003) Corporate executives and lawyers poring over
Sunday's free trade agreement between Hong Kong and mainland China say that
Beijing has taken a fairly significant step toward opening the Chinese
economy to international competition.
Banking Crisis Imperils
China By Gordon C. Chang
(International Herald Tribune, June 19, 2003) A new loan scandal shows that
China's dominant state banks are getting sicker, not stronger. The
consequences could be serious for an economy that relies on bank credit to
expand.
Petitioners Urge China to
Enforce Legal Rights By Erik
Eckholm
(New York Times, June 2, 2003) Three young legal scholars have created a
sensation in Chinese intellectual circles with a modest proposal: to enforce
personal rights that are guaranteed in the Constitution, starting with the
protection of downtrodden migrant workers in the cities.
Pitfalls on Path of
Continued Growth By Charles
Wolf Jr.
(LA Times, June 1, 2003) China's growth is not destined. There are potential
fault lines that could severely hinder or even reverse it, with dramatic
consequences for Chinese society, government and party structure.
Is China Fever Still Hot? By Bryan Lee
(Straits Times, June 1, 2003) Is China really going to devour South-east
Asia's lunch? Or is that belief overstated? Still its domestic market grows
ever richer and its labour force more sophisticated.
China's Coming of Age at G-8
Summit By Ching Cheong
(Straits Times, May 26, 2003) Hu Jintao will be the first Chinese leader to
attend the talks, underlining significant changes in the global political
landscape.
New Asian Dollar: The
Growing Reach Of China's Renminbi By Michael Vatikiotis and Bertil Lintner
(Far Eastern Economic Review, May 29, 2003) Driven by the country's economic
success and with quiet support from Beijing, China's currency is more and
more welcome across the region for business and tourism. And it could be on
its way to a much bigger role in Asia.
China Enters the G8 Big
Leagues By Antoaneta
Bezlova
(Asia Times, May 23 2003) China is making its first appearance at the meeting
of the G8 industrialized nations in June - a sign of a shift in its foreign
policy from being a revolutionary power to a major world player.
Made in China By Jerry J. Jasinowski
(Washington Times, May 20, 2003) Whenever manufacturers get together today,
the topic of conversation invariably turns to China. The threat of SARS
dominates today's headlines, but their greater concern is one of economics.
China Shows Interests
Converging with Rich World
(Reuters, May 9, 2003) Now a country that has long claimed a role as leader
of the Third World is about to take a step toward joining those members of
the elite club of the Group of Eight rich nations at their annual summit.
Beneath the Surface of
China's Reborn Media By David
Bandurski
(Asia Times, May 3, 2003) As competition is introduced, commercial elements
should begin to have some impact on the way things are done in China. But the
real future of China's media industry lies in the hands of Chinese leadership
in Beijing.
China's Economic Strength Is
Not Just About Consumption By Stewart
Aldcroft
(Financial Times; Apr. 16, 2003) The purpose of the WTO was not only to open China up to the rest
of the world, it was also to open the world up to China. What they will buy
is likely to be expertise in technology, skill in money management and ideas
in sales and marketing
Wrong Turn Seen in China's
Economic Roadmap By Jayanthi
Iyengar
(Asia Times, Apr. 1, 2003) Until now, the Chinese have won nothing but
accolades for their economic performance. Yet, when it comes to foreign
portfolio investments, the Chinese have followed a closed-door policy.
Beijing 'Seeks Economic Bloc
in East Asia'
(Straits Times, Mar. 20, 2003) China hopes that economies in East Asia, including
Asean and Japan, will integrate into a huge regional bloc to curb the
political and economic influence of the United States in the region.
New Revolution Threatens
'Mandate of Heaven' By Christopher
Horton (Asia Times, Mar. 14, 2003) Rural Chinese
are increasingly finding themselves without work, money or food. The only
thing most of these people have is nothing to lose.
China's Gov't Learns
Regionalism Matters By Ted
Anthony
(Associated Press, Mar. 12, 2003) Chinese communism built a nation by keeping
things central. Province by province, uniqueness is being encouraged as a
development tool.
Meanwhile - Women's Power
Rises in Modern China By Sunanda
K. Datta-Ray
(International Herald Tribune, Mar. 11, 2003) As China's economy and society
become more open, women better educated and urban white-collar and service
industry jobs more widely available, women are competing increasingly
energetically with men.
China's Economic Prowess is
Not a Threat By David
Roland-Holst
(International Herald Tribune, Mar. 4, 2003) China's rise and integration into
the global economy through the World Trade Organization can be very positive
for other Asian countries if they do not isolate themselves from the process.
Globalisation Stabilises
China - And the Region By Michael
Yahuda
(Straits Times, Feb. 27, 2003) As the rising power of East Asia, China may be
said to have benefited in the post-Cold War period from both American primacy
and from the effects of globalisation.
China's Economy Needs Fast
Growth to Survive By Tung
Chen-Yuan
(Taipei Times, Feb 18, 2003) Ever since we entered the 21st century, the
opinions of academics and businesspeople regarding the future of the Chinese
economy have been diametrically opposed.
China's GDP Figures: Are
They Bogus? By John
Berthelsen
(Asia Times, Feb. 6, 2003) "We suspect that certain local officials may
have seriously overstated fixed-asset investment in their areas to boost
their political credibility."
The Wild East
(Financial Times; Feb. 6, 2003) The pace of China's industrialisation is
awesome to behold. The most pressing question about the Chinese economic
miracle is how much longer it can continue.
China’s Makeover: Trimming
the Fat By Francesco
Sisci
(Asia Times, Feb. 5, 2003) Laying off millions of people and ridding the
state of burdensome services has made production more efficient in China and
reduced the price of goods, resulting in deflation.
China’s Makeover: Political
Reform on Tap | 