On Wednesday, March 17, AmCham China Offices, Beijing, in conjunction with AmCham-China’s Manufacturing and Sourcing Forum and IT Forum, will be hosting a seminar on the current trends in technology and manufacturing. The keynote speaker will be Dr. Pat Gelsinger, president and COO of Infrastructure Products at EMC, a market leader in information management. As …
Taking a lesson from the collapse of the American real estate market that overwhelmingly contributed to the current global financial crisis, the Chinese government has had the difficult task of reigning in easy credit without stifling the market. The soaring price of housing coupled with the plunging sales of new homes has created anxiety that …
Managing the Increasing Price of Chinese Real Estate Read More »
With it’s rich natural resource deposits and close proximity to both China and Russia, It comes as a surprise that Mongolia has not been tapped for its resources during the recent worldwide mining boom. But this impoverished, agrarian country entirely missed out on the recent boom, hindered by its own overzealous legal restrictions and a …
China experienced a nearly 50% increase in exports for February, reaching $94.5 billion US dollars. China’s exports surged more than expected in February as imports continued strong growth, indicative of a robust domestic economy and signs of recovery from the global financial crisis. Domestic demand will remain robust in the near future, enabling imports to …
The Chinese government certainly appreciates the delicate balance economic policy must strike between sustaining healthy, rapid economic development and transforming into a more domestic-consumption fueled nation. Stimulating domestic spending is necessary, but not sufficient to achieve a healthy economy in 2010. This year is a crucial year in which China must stabilize its exports to …
The Future of Chinese Economic Planning: The Issues of 2010 Read More »
Alexander Pan, March 9, 2010 Beijing, China. Beijing’s Exorbitant, and rapidly increasing housing prices have come under fire from many senior government officials at the national legislative meeting. The officials are demanding that housing prices be contained fearing that any further increases could lead to a bursting of the housing bubble, and consequently a massive …
Government Officials Attempt to Deflate the Housing Bubble Before it Bursts Read More »
Alexander Pan, March 9, 2010 Beijing, China In a move to help alleviate the ever worsening air quality in Beijing, Miao Wei, vice-minister of Industry and Information Technology and deputy to the National People’s Congress announced recently that the government plans to unveil a plan to subsidize the private purchases of electronic motor cars. Experts …
AmCham Shanghai and Forbes Magazine will be hosting an event Wednesday March 10 from 11:30- 13:00 at the Four Seasons Hotel. as Forbes Shanghai bureau chief Russell Flannery unveils one of its most popular reports around the world – the annual Forbes Billionaires List. Russell will interpret the fresh-off-the-press results in a presentation titled: “China’s …
President Obama stated recently that he will take a “tough stance” against the valuation of the yuan and that it will be a priority topic in international strategic economic development discussions. Obama said in a Feb. 9 interview with Bloomberg BusinessWeek that China’s “currency policies are impeding the rebalancing that’s necessary” in the global economy, …
