China Still a Mecca for Foreign Direct Investment

China’s policies for growth haven’t changed. The country has stuck to its basic state policies and furthered the domestic reform agenda. It has opened its doors to the outside world wider than ever before.THE world economy has had a tough time of it recently. After the financial crisis it staggered along, and looked to be almost up on its feet till the Eurozone sovereign debt crisis blew up in its face     

Let the Facts Speak

Inconclusive conclusions lead to inadmissible evidence on Xinjiang The U.S. State Department lawyers have concluded there’s no evidence to prove "genocide" in Xinjiang.The UK Parliament has decided it’s a job for the lawyers not the government.     

Preserving The Headwaters

正A major ecological project is underway to ensure mother rivers won’t run dryThe"sea of stars"is a name given to hundreds of lakes studding Madoi County in Golog Tibetan Autonomous Prefecture in northwest China’s Qinghai Province.Under the sunshine, the lakes sparkle like bright stars. Madoi, which has an average elevation of4,500 meters, is home to a total of more than4,000 lakes. The county’s name literally means the source of the Yellow River, because water     

A Year Away Gap years are becoming more and more appealing to Chinese graduates

<正>Sun Dongchun’s The Delayed Gap Year made waves in China,as it is believed to be China’s introduction to the concept of a"gap year."Sun heard the word"gap year"in 2006 and months later,he embarked on his own,with a plan to go to India via Thailand to do volunteer work.At first,he planned a three-month trip but ended up extending it to 13 months.After the     

In For a Bumpy Ride

正The IMF anticipates a number of opportunities and risks facing the Chinese economy China’s economy is slowing,but remains a bright spot in an unpredictable global economy,said the International Monetary Fund(IMF)in its latest China Economic Outlook.The IMF expects China’s GDP to grow 8.25     

Imperfect but Useful

<正>Can the newly reached Iran deal solve all problems?U.S.President Barack Obama continues a good month with a"historic"deal reached on Iran’s nuclear program in mid-July.The incident marked a breakthrough in diplomatic relations immediately compared to Richard Nixon’s establishment of ties to China more than 40 years ago and was labeled a"leap of faith"that has the possibility to alter the course of world peace.The agreement does not seek to stop Iran’s course to become a nuclear power—it merely attempts to delay the threat until Western powers can restructure the deeply     

Rebirth of Old Industrial Bases in Northeast China

ON a world map we can see the outline of China like a rooster crowing at dawn; and Northeast China refers to the rooster’s head. Covering an area of about 810,000 square kilometers, it is slightly larger than Chile and twice size of Paraguay. The region’s population exceeds 100 million, almost equal to that of Mexico, a country that ranks 11th in the world by population.Traveling about 300 kilometers towards northeast from Beijing we arrive at the Shanhaiguan Pass, which is commonly recognized as the eastern end of the Great Wall, as well as the strategic passage between North China and Northeast China.     

The Philippines’ Arbitration Pleading Bodes Ill for SouthChina Sea Disputes

正THE Philippines submitted on March 30 a memorial to the arbitral tribunal at The Hague,urging it to invalidate China’s"nine-dash line"in the South China Sea.The Philippines first initiated arbitral proceedings against China over the     

LETTERS

The article in the China Today March is-sue "The Highway to Happiness" has a picture of "A desert road protected by forest belts." I know that it’s very difficult to plant trees in desert areas. In the next     

How Healthy Is China''''s Stock Market?

It seems that China is on a roll. The world’s fourth largest economy now has a high flying stock market. According to Shang Fulin, Chairman of the China Securities Regulatory Commission, China’s booming stock market, previously having a poor reputation, should be attributed to the almost concluded split share reform that requires the country’s listed companies to convert their state holdings to tradable shares. Investors are now thrilled at soaring stock indexes.     

Chinese-funded Banks Enter the City of London–A Win-win Choice

正ON the back of China’s extraordinary economic growth,Chinese-funded banks have brought the country closer to its ultimate goal to"go global."The breakout and spread of the international fi nancial crisis challenged Chinese-funded banks,but at the same time brought unprecedented opportunities.The U.K.’s trade in the realm of fi nancial services–second only to the U.S.–gives it a clear competitive edge.     

Abe Pullsan About Face

<正>The PM’s recent interview with Chinese media augurs well for Sino-Japanese relations,but was this a carefully stage-managed PR stunt?In southwest China’s Sichuan Province,there exists an ancient performance art called "face changing." With the raise of a hand,the swing of a sleeve or a toss of the head,actors change from one face to another almost instantaneously to exude different emotions.     

Spreading the Word

<正>How a Canadian wine buff strives to tell Ningxia’s story to the world Jim Boyce,founder of Grapewallofchina.com,a website about Chinese wine,has been reporting on China’s emerging wine market for almost a decade.The 48-year-old consultant     

Shanghai’s Ascent to Exhibition & Convention Business

THE eastern metropolis of Shanghai has for decades been a main driver of the Chinese economy, and long a point of convergence for companies throughout the world to meet and do business. The 2010 World Expo and the overall upgrading of local infrastructures it entailed have further stimulated Shanghai’s vitality. The municipality’s ascendancy to global finance and shipping industry makes it both more attractive and accessible to business travelers.     

ECONOMY

正RMB Clearing Service The People’s Bank of China(PBOC),the central bank,announced on September 21 that it has authorized Bank of China’s(BOC’s)New York Branch to provide renminbi clearing services in the United States.It is the frst time China has set up a renminbi clearing bank in the world’s largest economy.The decision was made according to a PBOC memorandum     

The Pledge to Reform

正The annual National People’s Congress(NPC)and Chinese People’s Political Consultative Conference(CPPCC)took place in Beijing from March 3 to March 13 amid brisk,early spring weather.During the two sessions,China’s development direction in domestic and diplomatic affairs was publicized.The new messages they conveyed made headlines in Chinese and foreign media,and projected a bright future for the country.     

FIVE PLUS MORE

<正>Editor’s Note:President Xi Jinping drew a bright blueprint for BRICS cooperation in his address to the BRICS Business Forum in Xiamen on September 3.He made a four-point proposal for the next golden decade of cooperation among the five BRICS member countries to achieve common development.The following is an edited version of scholars’comments on the     

Europe Needs to Learn from China

FOUR years into the international financial crisis,it’s clear that the economic policies followed in Europe to deal with the crisis have failed.Realization of this has now led to major political changes in Europe,epitomized by the outcome of the French and Greek elections.The Financial Times,one of the world’s leading newspapers,considered these events so significant that it headlined its lengthy review of them "Seven Days Which Shook Europe."A key reason Europe’s policies have failed to solve the economic problems that arose from the financial crisis is that there has been a consistent     

How to Celebrate Chinese Farmers' Harvest Festival?

正The Chinese Government recently created the Chinese Farmers’Harvest Festival,making it the fi rst time that a national festival has been set up exclusively for farmers.The festival will be celebrated annual y on the autumnal equinox beginning this year.The action highlights the government’s emphasis on agriculture and rural areas and its people,drawing the whole society’s attention to Chinese farmers,who diligently work to prop up the country’s social and economic development.The government has also expressed     

Death of Huang Hua,Former Foreign Minister and Translator for Mao

The late diplomat grew with the CPC and the People’s Republic it founded, playing a key role in historic events such as Edgar Snow’s interview with Mao Zedong and Kissinger’s ice-breaking visit to China in 1971.