Archive for May, 2008
« Previous EntriesPosts of the Week: 5/19 - 5/25
Submitted by Experience Not Logic Blog
Against competitiveness at Free Exchange
Great post:
“There are excellent reasons to improve domestic economic conditions, through investment in infrastructure and education, sound fiscal and monetary policy, and openness to movement of goods and people. It is not the case, however, that failure to be at the top in any of these [...]
China strenghtens rail link with Nepal
Submitted by 2point6billion.com Blog
China has begun building a 770-kilometer rail network connecting Nepal to Tibet. The railway an extension of the world’s highest railway, which runs from Golmud in China’s Qinghai province to Lhasa will connect Tibet’s capital Lhasa with Khasa a market town on the Sino-Nepal border, Asia Times Online reported.
The Golmud-Lhasa rail integrated Tibet [...]
India, China rank high on the Greendex
Submitted by 2point6billion.com Blog
The National geographic recently ran a quantitative consumer study of 14,000 consumers in 14 countries asking them about such behavior as energy use and conservation, transportation choices, food sources, the relative use of green products versus traditional products, attitudes towards the environment and sustainability, and knowledge of environmental issues.
This survey resulted in [...]
In China, “High Quality” Goods, Not “Luxury” Goods
Submitted by Experience Not Logic Blog
A recent article at Knowledge@Wharton, High Risks and High Rewards: China’s Fast-changing Luxury Market, examines many facets of China’s luxury goods market. China’s luxury market is difficult and expensive to break into, sales are low, and the customers are fickle, but last year’s sales growth in luxury goods in China [...]
Up, up & away!
Submitted by 2point6billion.com Blog
An interesting article from the Economist explains and analyses the various reasons behind the runaway inflation in the world. It warns not to repeat the mistakes of the past, while trying to find solutions to the future. Excerpts from the article are below….
EVEN as America’s economy teeters on the brink of recession and many [...]
Comment on a Piece from Art HK 08
Submitted by Experience Not Logic Blog
In 1903 in the US Supreme Court decision of Bleistein v. Donaldson Lithographing Co. (188 U.S. 239, for those who are interested), Justice Oliver Wendell Holmes Jr. wrote an opinion with one of the most oft-quoted passages of his quotable career. The Bleistein case involved the copyright of an advertising [...]
China Economic Review on the Form of Private Equity in China
Submitted by Experience Not Logic Blog
This month’s edition of China Economic Review focuses on private equity in China. The editors have kindly released two of the articles to the public for free, Private equity investment: The real deal, and PE investment about more than just money. The most interesting thing in these articles is probably [...]
Indian doctors - made in China
Submitted by 2point6billion.com Blog
Amongst the several thousands of victims of last weeks Sichuan earthquake are also many Indian medical students. The frightened students have been asking the university to help them return home and postpone their exams due in June.
The Indian embassy estimates that there are approximately 6,000 Indian students studying medicine in China. They come to [...]
Will Commercial Aircraft Corporation of China Take Off?
Submitted by Experience Not Logic Blog
The Economist thinks: maybe. In Flying the Flag, The Economist examines whether the unique aspects of Commercial Aircraft Corporation of China (CACC) and China will allow this newly created commercial airplane manufacturer to succeed where others have failed. The purpose of CACC is to develop a big jet manufacturer with [...]
Trade through Nathu La pass re opens
Submitted by 2point6billion.com Blog
Bilateral trade between India and China opened on Monday through the fabled Silk Road, reported the Hindustan Times.
“Border trade was earlier scheduled to open on May 1 but was postponed after Beijing requested New Delhi to delay the start following landslides in the Tibet Autonomous Region,” said Ujwal Gurung, Sikkim’s director of [...]
Posts of the Week: 5/12 - 5/18
Submitted by Experience Not Logic Blog
Economic Impact of the Quake
Economic Impacts of Sichuan Quake on China at All Roads Lead to China
The quake’s effect on the stock exchange at CER: The Editors’ Journal
Analyst takes on the quake’s impact on China’s economy at CER: The Editors’ Journal
The devastating earthquake is also bad for monetary policy at [...]
Corporate tax (%)
Submitted by 2point6billion.com Blog
Numbers: (33,33.6)
Rating 3.00 out of 5
[?]
BRIC is institutionalised
Submitted by 2point6billion.com Blog
Brazil, Russia, India and China, the world’s biggest emerging market economies or the BRIC countries, last week vowed to turn their four-way group into a powerful instrument for changing the world, affirming their global economic clout reported The Hindu. On the last day of their meeting in Yekaterinburg, in the Ural mountains, [...]
China Producer Prince Index April 2008
Submitted by China Economy Watch Blog
In April, Producers’ Price Index (PPI) for manufactured goods was up by 8.1 percent from April 2007; purchasing prices for raw material, fuels and power rose by 11.8 percent.
Of the total, PPIs for mining and quarrying industry increased 27.2 percent; that for raw materials industry and machining industry correspondingly up [...]
Russia, India and China agree on trilateral cooperation
Submitted by 2point6billion.com Blog
Foreign Ministers of Russia, India and China met for the eighth time in Yekaterinburg, Russia to reaffirm their commonality, in views on the global situation and, for the first time, set out coordinated positions on Kosovo, Iran, Afghanistan and the Asia-Pacific region, The Hindu reported.
Russian Foreign Minister Sergei Lavrov said a joint [...]
Coverage of the Earthquake’s Human Tragedy
Submitted by Experience Not Logic Blog
The numbers are difficult to grasp. Especially at a time when two tragic disasters have struck so close in time and space. This narrated slide show at the Financial Times does an excellent job depicting the loss, grief and tragedy at the human level in Sichuan. China, we wish you [...]
China Fixed Asset Investment April 2008
Submitted by China Economy Watch Blog
China’s factory and property spending climbed 25.7 percent in the four months up to April. Fixed-asset investment in urban areas rose to 2.8 trillion yuan ($400 billion), the statistics bureau said today.
China ordered banks this week to set aside a record proportion of their reserves to cool the world’s fourth-biggest [...]
The iphone officially comes to Asia
Submitted by 2point6billion.com Blog
After being smuggled onto Asian shores, for the past few months, Apple’s iphone is finally officially coming to four Asian countries - Singapore, India, the Philippines and Australia, Singapore’s Singapore Telecommunications Ltd (SingTel) and Apple told Reuters. Entering the these highly charged markets will enable Apple to surpass its sales goal of [...]
Number of cars per 1,000 people
Submitted by 2point6billion.com Blog
Numbers: (44,7)
Rating 3.00 out of 5
[?]
China Industrial Output April 2008
Submitted by China Economy Watch Blog
China’s industrial production growth slowed slightly in April. Output was up 15.7 percent in April from April 2007, the statistics bureau said today. This follows a 17.8 percent increase in March.
Rating 3.00 out of 5
[?]
Soaring like a kite tied to the ground
Submitted by 2point6billion.com Blog
India China trade seems to me to be soaring like a kite tied to the ground.
While both countries celebrate having achieved a trade target of US$40billion set for 2010 in 2008, there are still only 120 companies of Indian origin registered wth the Indian embassy in Beijing, and even fewer companies of [...]
China Retail Sales April 2008
Submitted by China Economy Watch Blog
China’s retail sales climbed (in money terms)at the fastest pace since at least 1999 in April, but since inflation was also up near a decade high the actually - inflation adjusted - rate of increase was of course much less. Sales rose 22 percent to a record 814.2 billion yuan [...]
Natural disasters that rocked Asia
Submitted by 2point6billion.com Blog
Asia has been rocked by 10 natural disasters since the tsunami killed millions in thirteen Indian Ocean countries four years ago. Massive populations, poverty and a lack of warning have recently resulted in the death of millions.
Still reeling from the earthquake that shook Sichuan in South west China, killing atleast 10,000 people [...]
China Inflation April 2008
Submitted by China Economy Watch Blog
China’s consumer price inflation clung near a 12-year high in April, maintaining pressure on the government to stick to its tight policy stance in spite of softening global growth. For authorities who have insisted their priority is to tackle price rises, the quickening of annual inflation to 8.5 per cent [...]
China Exports April 2008
Submitted by China Economy Watch Blog
China’s export growth slowed in April and the trade surplus was little changed as economies around the world weakened. Exports rose about 21.8 percent from April 2007, following a 30.6 percent gain in March, according to figures derived from Ministry of Commerce data. The trade surplus was about $16.8 billion [...]
