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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Chinese economy

Chinese economy stories: 42 news summaries

21 - 40 of 42 Stories | << Prev 1 2 3 Next >>

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China's Heavy Industries Steel for Crash

Global downturn freezes country's industrial transformation

Nov 26, 08 1:44 AM CST
(Newser) - The global slowdown is rapidly shutting down China's heavy industries, the New York Times reports. Just months after the government warned that the red-hot economy could lead to runaway inflation, the nation's steel, cement and construction industries now find themselves with a huge excess of capacity—and workers. Growth is... More »

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China • global economy • Chinese economy • industry • Chinese exports

 Chinese Automakers 
 Seek US-Style Bailout 

Country's carmakers look to Beijing as slowdown puts the brakes on sales

Nov 19, 08 4:01 AM CST
(Newser) - China's automakers are looking to emulate a new Detroit invention—a bailout, the New York Times reports. After years of rapid expansion, the industry has been hit by a sudden slowdown as confidence crashes both home and abroad. Executives are now quietly pressing Beijing for a US-style rescue package to... More »

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China • automaker • Chinese economy • auto industry • bailout • cars • Chinese exports

Slowdown Puts Mining Outfits
in Deep Hole

China's drop in demand further drives down commodities

Nov 17, 08 8:43 AM CST
(Newser) - Mining companies are shutting down production, laying off workers, and trying to sell excess product as the global economic slowdown drills into the industry’s profits, reports the Wall Street Journal. Metal prices dropped a record 35% last month, and nearly every mineral has been hit. Mining, once an economic... More »

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mining • Chinese economy • US Steel • auto industry • commodity prices • financial crisis

China Unveils Massive $586B Stimulus Bill

Beijing focuses on boosting infrastructure, social welfare

Nov 9, 08 10:56 AM CST
(AP) - China announced a $586 billion stimulus package today in its biggest move to stop the global financial crisis from hitting the world's fourth-largest economy. A statement on the government's website said China's Cabinet had approved a plan to invest the money in infrastructure and social welfare by the end of... More »

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China • government spending • Chinese economy • economic stimulus package • interest rate cut • financial crisis

Amid Crisis, China Faces Its Own Slowdown

Decline in exports poses huge challenge
to Communist Party

Oct 23, 08 7:44 AM CDT
(Newser) - For three decades now, China has established itself as a global economic powerhouse by providing cheap exports to the rest of the world. But as demand for Chinese goods slumps in a global recession, the ruling Communist Party, which owes its popularity to expanding prosperity, faces new tests: slowing growth,... More »

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China • globalization • recession • Chinese economy • manufacturing • financial crisis

China Blames Crisis in Latest GDP Slide

Growth at solid 9%, but down for 5th quarter in row as exports shrink

Oct 21, 08 1:27 PM CDT
(Newser) - The dragon isn’t sick yet, but it’s definitely catching cold: China’s gross domestic product grew by an enviable 9% in the third quarter, but still failed to match last quarter’s result of 10.1%, the Guardian reports. The data mark the first time China’s GDP... More »

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China • GDP • Chinese economy • Chinese toys • credit crisis • financial crisis • financial meltdown • Chinese exports

 The Crisis Dwarfs $700B 

A US-centric band aid can't quell global markets as confidence plunges

Oct 7, 08 10:18 AM CDT
(Newser) - As the financial crisis continues to grow, the $700 billion bailout passed by Congress last week may be too little too late, the Washington Post reports. The plan may not begin relieving banks of toxic assets for another month, and, meanwhile, the crisis has gone global, making $700 billion seem... More »

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Ben Bernanke • World Bank • Europe • Henry Paulson • Chinese economy • bailout • bank failure • economy • financial crisis

China Faces Rocky Road in Keeping Up Growth

The gains of the past 30 years will be hard to maintain as workers age

Aug 25, 08 10:32 AM CDT
(Newser) - The opulence of the Beijing Olympics highlighted just how far China has come since opening its economy 30 years ago—it soon will be the world’s third largest. But with the success comes a plethora of challenges, reports the Wall Street Journal. And chief among them is how to... More »

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China • Henry Paulson • 2008 Beijing Olympics • global economy • Chinese economy • boom economy

At 840M Viewers, China TV Wins Global Attention

Western companies line up to advertise on propaganda network

Aug 22, 08 9:01 AM CDT
(Newser) - This year's Olympic opening ceremonies, perhaps the most watched television event in history, were a huge programming coup for CCTV, one of the main propaganda conduits for the Chinese government. CCTV has a larger audience than every major TV station in the US and Europe combined, writes the New York ... More »

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China • television • propaganda • censorship • Chinese economy • Rem Koolhaas • China Central Television • CCTV

China Set to Surpass US
as Largest Manufacturer

Second place awaits after 100 years on top

Aug 11, 08 1:32 PM CDT
(Newser) - China will surpass the US as the world’s No. 1 manufacturer by next year, the Financial Times reports. China, which last year accounted for 13.2% of manufacturing, will soon account for 17%, just ahead of the US, which has been the planet's dominant manufacturer for more than a... More »

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China • United States • global economy • US economy • Chinese economy • manufacturing

OPINION

 China Is an Unlikely Superpower 

Despite Americans inflates sense of country's dominance

Jul 27, 08 10:27 AM CDT
(Newser) - American pundits are constantly claiming that China will soon overtake the US as the world’s dominant power—but if you look at the facts, that’s just not true, writes John Pomfret in the Washington Post. “Dire demographics, an overrated economy, an environment under siege, and an ideology... More »

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China • power • growth • population • Chinese economy • Kung Fu Panda

 China's Economy Will Dwarf US 

Twice the size of the US economy by 2050: report

Jul 9, 08 7:33 AM CDT
(Newser) - China is the world's economic superpower of the future and will dwarf the financial might of the US, according to a new study by an American research organization. China's economy will surpass the US economy by 2035—and be more than double its size by 2050, predicts the report by... More »

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China • United Nations • World Bank • International Monetary Fund • US economy • Chinese economy • Chinese Communist party • Carnegie Endowment for International Peace

Mother Nature's Wrath Creates Prosperity

Disasters spur economic growth,
but at what cost?

Jul 8, 08 7:25 PM CDT
(Newser) - Casualties aside, natural disasters may not be so devastating after all. Catastrophes like the recent earthquake in China destroy old buildings and roads, making way for new and improved infrastructure that may not have been created otherwise and pumping cash into the economy. In the long term, updated technology and... More »

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flood • Chinese economy • natural disaster • hurricane • Tsunami • economy • rebuilding • China earthquake

 Chinese, Enjoying New Clout,
Chide US on Fiscal Policy 

Officials blast US over subprime crisis, falling dollar, foreign investment

Jun 17, 08 8:16 AM CDT
(Newser) - As the US economy struggles and its own booms, China is reveling in its newfound self-confidence, blasting American fiscal policy, the New York Times reports, and flaunting its own regulatory successes. Chinese officials have recently taken the US to task over the subprime mortgage crisis, the weakening dollar, and “... More »

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China • Henry Paulson • US economy • Chinese economy

 Grueling Gaokao Tests
 China's College Seekers

Dreaded university entrance exam covers 12 years of study

Jun 8, 08 7:06 AM CDT
(Newser) - At least 10 million high school students in China are taking the grueling gaokao, or "high test," to win a coveted spot at college. It’s a two-day ordeal that covers everything students have learned for a dozen years. It also shuts down neighborhoods, redirects traffic, and determines... More »

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China • education • educational testing • university • Chinese economy • tests • economy

For Chinese Companies, US Is Prime Real Estate

'They don't want to miss this opportunity to bottom-fish in the US,' official says

May 5, 08 1:14 PM CDT
(Newser) - For years, American investors have hungrily flocked to China’s massive market, but now the money’s flowing the other way, too, the Los Angeles Times reports. China invested $9.8 billion in the US in 2007, and not all in big government buys either. With real-estate and other costs... More »

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China • international trade • US-China trade deficit • investment • Chinese economy

 Skyrocketing Yuan 
 Hits Benchmark  

Chinese currency's strengthening against the dollar could boost US inflation

Apr 10, 08 2:34 PM CDT
(Newser) - For the first time since China unpegged its currency from America’s in 2005, a dollar bought less than 7 yuan at closing today in Beijing, the New York Times reports. Western countries protested for years the yuan was undervalued; its meteoric rise means Chinese goods are getting more expensive... More »

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Henry Paulson • yuan • global economy • Chinese economy • US dollar • weak dollar • US imports

China Braces for Fallout of Labor Law

New regs may drive manufacturers out
in search for cheaper workers

Jan 1, 08 2:21 PM CST
(Newser) - Olympus, Nike, and other manufacturers operating on low margins may close up shop in China after the government’s new labor law protecting workers comes into effect today, reports Bloomberg. The law improves worker security, limits overtime, sets minimum wages, and makes it more difficult to hire temporary workers, among... More »

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China • labor • Chinese economy • labor relations

OPINION

2007: Asia's Banner Year

Bloomberg praises those who fuel the region's return to economic power

Dec 24, 07 2:19 PM CST
(Newser) - Asia's economies are soaring so mightily that Bloomberg columnist William Pesek is passing out awards for Asia's big players in 2007. They range from a “Money Talks” prize, for Arab and Asian leaders who bailed out Wall Street banks, to the “Howard's End” trophy, for Australian PM Kevin... More »

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Australia • India • Thailand • Asia • subprime mortgages • US economy • Chinese economy • Kevin Rudd

Recalls Will Increase 'Made in China' Prices

New quality standards are expected to pinch consumers' pockets

Sep 9, 07 10:44 AM CDT
(Newser) - Following a series of high-profile toy recalls and international criticism over China's export standards, the the cost of merchandise bearing the "Made in China" is expected to rise at least 10% in the next year, the LA Times reports. "For American consumers, the big China sale over the... More »

MORE ABOUT:
China • exports • recall • foreign labor • labor costs • Chinese economy • toy recalls

21 - 40 of 42 Stories | << Prev 1 2 3 Next >>


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