Archive for March, 2008

The NPC & (Some) Super Ministries

Monday, March 17th, 2008

There has been much talk of the current National People’s Congress (NPC) in Beijing, but a good update is provided by the Jamestown Foundation and (former South China Morning Post editor) Willy Lam. He notes: “The Chinese leadership at the ongoing National People’s Congress (NPC) has announced tough measures to rein in inflation and to […]

China The Biggest: Building

Monday, March 17th, 2008

China is now home to not only the biggest wall in the world, but the biggest building too. It is in the form of the new (UK-designed) Beijing airport’s third terminal, highlights of which include (thanks to Bloomberg): • 2.95 kilometers (1.83 miles) length, from end to end • 1.3 million square meters (14 million […]

Economic Updates: GDP, Inflation, FDI & Trade

Monday, March 17th, 2008

While the IMF estimates that China’s GDP will grow at 10 percent in 2008 (below an earlier NDRC estimate), a bigger number, which is causing more angst is that for inflation. Already hitting the headlines (and driven by food price increases) Goldman Sachs recently increased its prediction from 4.5 percent (which was in line with […]

Media + WTO = No?

Monday, March 3rd, 2008

While China has been hit at the WTO on (among other things) a recent ruling in the auto sector (is it a punitive tax or a measure to counteract tax evasion?), the media remains one of those “sensitive” industries that plays according to slightly different rules in China…so it is not much of a surprise […]

Huawei and 3 Com. Gone.

Monday, March 3rd, 2008

While the trend for Chinese overseas direct investment can only go in one direction (if market forces are to be believed), it is not without the odd (politically-inspired) mishap, as Dan Harris at China Law Blog reports (quoting a Wall Street Journal article that quotes him…) in relation to Huawei’s failed bid for 3 Com: […]

The Scandal Of The Hong Kong Photos. (Enough Said)

Monday, March 3rd, 2008

Anyone keeping a watch on Hong Kong will have seen the steam rising from endless stories of a sex scandal involving some of Hong Kong’s Beautiful Young Things. A blog post on the subject could not be avoided (and if it generates a record number of hits, so be it – it worked for ImageThief…and […]