Blog

• 2008 Trade Surplus Hits Record High

  China’s state-owned Xinhau News Agency has reported that the country’s trade surplus for 2008 is likely to exceed US$290 billion, with total foreign trade reaching US$2.55 trillion, ...

• Entrepreneurship Thriving in China

  Although China is a controlled economy with the public sector accounting for upward of 40% of the country's GDP, entrepreneurship is thriving as innovative individuals overcome the red-tape ...

• Migrant Labor from Rural China and Implications for the World

  Chen Xiwen is Director of the Central Leading Group on Rural Work in China. Beijing will spend more than 500 billion Yuan in 2008 on rural development. China is not alone in dealing with ...

• Brussels Hosts Second China-EU Trade and Economic Talks

  Under the leadership of China’s Vice Premier, Wang Qishan, a Chinese delegation will attend the second China-European Union economic and trade talks in Brussels on Thursday and Friday of ...

• China Aims For AIIB Founding By Year-End

  Initially proposed by Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation Summit held in Bali last October, the Asian Infrastructure Investment Bank (AIIB) is reportedly ...

• Praise for Trade Growth

  China began to move towards a new trade era in 1999, when prohibition limitations on products such as beef, citrus and grain where lifted, which also led to a market-access agreement being ...

• BRICS to Strengthen Ties, Establish Development Bank

  With the next BRICS summit set to take place in Durban, South Africa, on 25-27 March next year, member nations are expected to agree upon a strategy for setting up a BRICS Development Bank, ...