Archive for January, 2006

Chinas Friendly Resources: India, Russia, Africa, Saudi…

Tuesday, January 31st, 2006

China has been building closer ties with its Asian neighbours for some time, and is central to the development of the East Asian Free Trade Area (EAFTA), but China has not been ignoring its largest neighbours, India and Russia, or those further afield in Africa. This year is the year of India-China Friendship, reflecting the […]

Free Trade? Textiles, Shoes & Steel Pipes

Friday, January 27th, 2006

The 3-year China-U.S. textile agreement went into effect earlier this month, with quotas being introduced on 21 types of clothing and textiles from China by 2008. The Chinese agreement with the EU has also started operation. While not ideal, hopefully the structures will create greater certainty for traders, and will help smooth trade relations between […]

Happy Chinese New Year!

Tuesday, January 24th, 2006

Chinese New Year (also known as the Spring Festival or Lunar New Year) falls on 29 January this year and brings in the Year of the Dog. The official holiday in mainland China runs from 29 January to 31 January, but may businesses will take a full week off so check with your […]

Chinas Record Trade Surplus Worries the US

Friday, January 20th, 2006

China reported a record trade surplus of US$102 billion in 2005 on a total trade value of US$1.4 trillion making China the third biggest trader in the world. Chinas exports rose 28 percent to US$762 billion, while imports were up 18 percent to US$660 billion. The surplus with the US was reported to be […]

The Past, Present & Future of GDP Growth

Wednesday, January 18th, 2006

Following last years post-census announcement that GDP growth had been under-stated, new figures have been released, together with estimates of future growth which would see Chinas economy overtaking those of France and Britain this year. Chinese GDP Growth 1979-2004: 9.6 percent p.a. average 2004: 10.1 percent (up from 9.5 percent) 2005: 9.8 percent (estimated) […]

IPR Protection: Wake Up and Smell the (Starbucks) Coffee

Monday, January 9th, 2006

Protection of intellectual property is a key concern for businesses in China (increasingly for locals as well as foreigners). As a result the government has been under pressure to offer better protection, and it launched a protection campaign in September 2004, then set up a leading group for developing a strategy for intellectual property protection […]

China Ranks 111th in “Index of Economic Freedom”

Friday, January 6th, 2006

The Heritage Foundation has published its 2005 Index of Economic Freedom. Hong Kong tops the list, followed by Singapore, while China comes in at 111th (tied with Zambia), behind Pakistan and ahead of Kazakstan and Mozambique. India is ranked at 121st. China’s scored 3.34 overall, with the following category scores (1 = best; 5 = […]

Restated 2005 GDP Growth Estimated at 9.8 Percent

Thursday, January 5th, 2006

Official reports have noted that the economy grew by an estimated 9.8 percent in 2005 – after accounting for the recent restatement of GDP that followed the national census (see previous article). The previous estimate was 9.4 percent. See related news: New survey boosts China’s ’05 economic picture Vancouver Sun (subscription) – Vancouver,British Columbia,Canada SHANGHAI […]

New Blog Directory Listings

Wednesday, January 4th, 2006

We are now listed on the BlogBIB and Bulletize directories. Follow the links for more details.