China’s minimum wage rises by 13.6% in Shenzhen but only 8.6% in Beijing
Tweet The next wave of rises in the minimum wage is being announced by China’s cities and provinces. Shenzhen is leading the pack after it announced that minimum wage in…
US court stops tariffs and diffuses US-China trade relations
Tweet Emergency anti-subsidy tariffs that the US government had imposed on Chinese imports have been stopped by a US federal court. The ruling will also affect several other cases and…
World Bank invests USD 1.5 billion in the Philippines
Tweet The Philippine Development Plan (2011-2016) has received a much-needed boost as the World Bank has injected US$ 1.5 billion in to it as loan assistance. Speaking Wednesday, the World…
China switches export focus away from Europe and America
Tweet China’s interest in exporting to developed countries is waning and the south Asian nation is currently focusing more on exporting to developing countries. Speaking Wednesday, a Chinese foreign trade…
US-China trade war: why it’s likely and what could stop it
Tweet The war of words between the US and China about economics has been ratcheting up over the last three months. Last month each country accused the other of dumping…
Incidents of worker unrest breaking out across China
Tweet Unrest among Chinese workers has been flaring up across the country. Dissent and protest is fast becoming the norm and challenging the control of the communist government. Last week…
100m more Chinese live in poverty than previously thought
Tweet This may sound unfamiliar but more people have slipped in to poverty in China even as the country’s economy continues to boom. A raising of the definition of the…
China wants to invest in West’s crumbling infrastructure
Tweet The current global economic slow down has had a major impact on the infrastructure in the developed world and China says it wants to help. Its motives however are…
Yuan – Aussie Dollar currency trading launched by China
Tweet As part of China’s efforts to promote the use of its currency, it introduced trading of its yuan against the Australian dollar and the Canadian dollar on Monday, in…
China’s VP signals economic stimulus but wants to get tough with regional banks
Tweet The Chinese vice-premier Wang Qisha, has painted a gloomy picture of the global economy and pointed out that his country needed to deepen its financial reforms to cope with…
