Economic Observer News- China business, politics, law, and social issues

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Local Government Construction Projects Defaulting on Payments to Construction Co... more>>

SPECIAL FOCUS: Interview with Jean Pisani-Ferry and Nicolas Veron; We talk to two experts from the Brussels-based European think thank Bruegel

Voices

Comments on the latest hot topics

The Chinese government should be careful about its policies, and there is a risk that in future investment might be redu...

Jacques de Boisseson, president of the European Union Chamber of Commerce in China

The yuan doesn't have a key role to play in rebalancing bilateral trade between the U.S. and China

Hu Xiaolian, a deputy governor of the People's Bank of China

The slight rebound in August’s PMI indicates that there will not be a deep correction in the Chinese economy

Zhang Liqun, a Chinese government economist

In-depth

COMMENTARY: Commentary from This Week's Paper; This Week's Commentary: Why do Chinese People Hate Taxes?, Real-name Registration System vs. Individual Privacy; EO Editorial Board | 2010-09-02

CONSTRUCTION: Local Government Construction Projects Defaulting on Payments; Under pressure from upcoming performance reviews, COEs that specialize in construction have begun complaining to SASAC about the g...; Kang Yi, Li Wenbo | 2010-09-02

CORPORATION: Are Foreign Manufacturers Undercutting Domestic Competitors?; The price war in China’s equipment manufacturing field has spread from low-end products to high-end products.; Liu Weixun | 2010-09-01

AGRICULTURE: Government to Provide Support for Grain Sector; The volatility of grain prices and potential concerns about the volume of grain production and storage has prompted a reaction fro...; Jiang Yunzhang | 2010-09-01

THIS WEEK: Issue Wrap No. 484, August 30, 2010; In this week's newspaper: Grains, Trains, Planes and Electric Automobiles; English Edition Staff | 2010-08-30

HOUSING: The Secret Blacklist of Developers Hoarding Property; Is China's Ministry of Housing and Urban-Rural Development (MHURD) keeping a secret list of property developers that are hoarding ...; Song Yao | 2010-08-27

COMMENTARY: Commentary from This Week's Paper; This Week's Commentary: Avoiding False Nationalism, Removing State-owned Monopolies is an Uphill Battle; EO Editorial Board | 2010-08-26

Briefs

Breaking news straight from the source

Township Officials Accused of Pocketing Sichuan Earthquake Donations: Four town-level officials have been accused of embezzling 620,000 yuan worth of Sichuan earthquake relief donations.; Source:The Beijing News

China Releases Ten-Year Forest Protection Plan: China's State Council has passed a recently published "National Plan for the Use and Protection of Forest Land (2010-2020)," put o...; Source:State Forestry Administration

Observations

Shop or Drop?: Can China's consumers save the world?

Headline Scanner

Daily highlights from other Chinese media

China Manufactures over Ten Million Cars in the First Eight Months of 2010

China has produced and sold 10.91 million and 9.45 million cars, respectively, from January to August, up 35.45% and 31.53% from the same period of last year according to statistics released by the China Automobile Technology & Research Center.

SOURCE GOOGLE TRANSLATION

People's Daily Online

China's Natural Gas Market Embraces Competition

The project of transmitting the natural gas from Sichuan Province to eastern China began its commercial operation on August 31, lifting the market shares of Sinopec significantly and ending Petrol China’s monopoly in the natural gas market.

SOURCE GOOGLE TRANSLATION

Economic Information Daily

Projected CPI to Exceed 3.4% in August

Driven by the rising prices of agricultural products, many financial institutions predict China’s CPI will be somewhere between 3.4% and 3.6% in August, exceeding July levels of 3.3%. China is expected to face continuous inflation pressures in the co...

SOURCE GOOGLE TRANSLATION

Economic Information Daily

China to Promote Domestic Services Sector

Premier Wen Jiabao stated at an Executive Meeting of the State Council held yesterday that the Chinese government will implement five measures to promote the domestic services industry which includes community services, senior citizen care, housekeep...

SOURCE GOOGLE TRANSLATION

Xinhua News Agency

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