Cultivating the Countryside

China gears up to strengthen the lagging rural economy In search of driving forces to keep its economic juggernaut humming, China is pinning great hopes on its vast and relatively under developed countryside as a     

Eyes Abroad

Abustle of Chinese businesspeople roams the vast exhibition hall of the China International Fair for Investment & Trade (CIFIT) looking for opportunities to build cross-border scale.Among them is Zhou Meimei, Business Development Manager of the Shanghai Yiyang Electric Machinery Co. Ltd., a manufacturer of mufflers and ventilation equipment. Although this was her first time attending the fair, Zhou did not go home empty-handed.     

Preempting Inflation

In a sooner-than-expected move to rein in liquidity,the People's Bank of China,the central bank,on January 12 ordered a reduction in the amount of cash commercial banks have available to lend.     

MARKET WATCH

China has toppled the United States from its decadeslong position as the world’s largest auto market for the second consecutive year. New yuan-denominated loans, totaling 7.95 trillion yuan ($1.2 trillion) in 2010, indicate mounting inflationary pressures. China’s foreign trade recoups strength, with both imports and exports hitting record highs in December 2010. Chinese steelmakers reel from skyrocketing iron ore prices. The Purchasing Managers Index for the non-manufacturing sector rebounds as the service sector picks up steam.     

MARKET WATCH

<正>TO THE POINT: The World Bank makes history by selling yuan-denominated bonds in Hong Kong for the first time. China’s manufacturing industry loses steam as the Purchasing     

意大利Knox案在美国引发的争论及其对我国的启示

意大利刑事诉讼在历史上是典型的职权主义模式,1989年意大利大力借鉴美国的对抗制修改《刑事诉讼法》使之成为混合模式的代表.但是Knox案引发了美国对意大利刑事诉讼的诸多质疑,包括允许多种诉讼并存同一审判、公诉人使用品格证据、法庭不隔离陪审团、法官在判决意见中假设犯罪动机等.我国刑事诉讼的演进路径与意大利相似,Knox案在美国的争议有助于加强对意大利混合制和美国对抗制之差异的了解,进而有助于对我国以审判为中心的司法改革有所启迪.     

Fiscal Sustenance

The government vows to retain an active policy stance in 2009 to help the country regain its economic momentum     

Textile Revival

China prescribes a remedy for its textile industry maladies With export orders drying up and painful factory closures everywhere, expectations for a quick end to the downturn in China's textile industry are fading fast. But one consolation is that the sector still has a room to maneuver before sinking into a quagmire. Now with government backing behind it, the sector's eventual recovery seems just a matter of time.     

MARKET WATCH

Manufacturing activities continue to lose steam as the purchasing managers index drops for the third consecutive month. The U.S.retail giant Best Buy trims its China presence after struggling to survive amidcut-throat competition. But an increasing number of U.S. companies are still expanding into China to cash in on the vibrant market. The aluminum behemoth Chalco jumps back into the black due to growing prices of thelight metal. China’s leading portal website Sina makes a push into the online shopping market by acquiring a stake in an online apparel retailer.     

The Plan for 2012

<正>China aims to walk a fine line between maintaining stable growth, rebalancing the economy and combating inflation next year For the Chinese economy, 2012 will be a year filled with uncertainties. With the Western world struggling with a fragile recovery, China’s export growth has taken a hit, with expectations of even worse to come.