If Apple ordered up a batch of its iPad computers to meet surging market demand and an explosion in the workshop killed three workers and injured 15 others, an army of regulators, cops and plaintiffs…
Category: Economy
The rise of China’s currency could reshape the global monetary system— and fundamentally alter the world’s main engine of growth The wall is starting to crack. For years, China has made it tough for capital…
Large-scale mining has brought growth and wealth to a desolate corner of China. But not everyone is benefiting, and tensions are rising between indigenous Mongols and Han Chinese who have poured into the region. Reporting…
BEIJING (Kyodo) — Japan and China opened a three-day event Wednesday in Beijing aimed at promoting environmental technology and new energy solutions, two areas vital for ensuring sustainability of robust growth in China and other…
Economic restructuring with a focus on boosting domestic consumption is needed to ensure sustained growth in China, according to a Chinese Academy of Social Sciences (CASS) report released on Wednesday. The Chinese economy has been…
Source: South China Morning Post With no end in sight to a prolonged dry spell, villagers in top producing regions are living in despair and may be forced to find work in cities. The prolonged…
Almost every year, part of China suffers its worst drought in decades, bringing severe water shortages, failed crops, electricity outages and financial hardship for urban and rural residents alike. This year, it is the turn…
SHANGHAI — China has raised electricity rates for some industrial users as parts of the country grapple with their worst energy crisis in years, despite concerns higher costs may add to inflation. Residential rates were…
CHANGSHA, China — China’s economy is starting to slow, after two years of torrid growth achieved following the global downturn. Chinese manufacturers’ backlogs of orders are gradually shrinking in many industries. Purchasing managers have become…
SHANGHAI – The impacts of China’s worst drought in 50 years have been served up on the nation’s dining tables as the price of rice and vegetables from drought-hit provinces have skyrocketed. The average price…