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  1. SHASH2K2

    China Economy: News & Discussion

    China trade surplus shrinks as global woes deepen http://www.reuters.com/article/2011/10/13/us-china-economy-trade-idUSTRE79C0K620111013
  2. SHASH2K2

    China Economy: News & Discussion

    China raises interest rates again to tackle inflation China's central bank has raised interest rates for the third time in four months as authorities ramp up efforts to tackle inflation. The People's Bank of China said it would raise its one-year lending rate to 6.06% from 5.81% and...
  3. SHASH2K2

    China Economy: News & Discussion

    China Is Poised to Raise Rates Again, Bankers Say HONG KONG — China's government, increasingly worried about soaring inflation, plans to continue tightening its money supply and will probably raise interest rates again within the month. That is the forecast of economists and bankers with...
  4. SHASH2K2

    China Economy: News & Discussion

    isn't is same for Chinese who left their mainland ? They never want to go back into Jail.
  5. SHASH2K2

    China Economy: News & Discussion

    Thats too much of data and I may not be able to collate them at once. In my/your fathers time Black and white TV was a luxury and now that's been replaced by LCD . percentage of salary spend on items like this will almost be same. All I am trying to saya that unless you are doing exceedingly...
  6. SHASH2K2

    China Economy: News & Discussion

    Even my salary is 10 times more than My parents , so is inflation.That means my standard of living is almost same as that of my parents . Only difference is that I am in a bigger city.
  7. SHASH2K2

    China Economy: News & Discussion

    summary Box: China says it can curb inflation CONFIDENT MULTI-TASKER: China's planning agency says the government has the capacity to control surging prices while keeping economic growth on track. The comments were seen as an effort to calm public anxiety about rising food costs. THE PROBLEM...
  8. SHASH2K2

    China Economy: News & Discussion

    Vinod you need not go to China to check their working condition. I have a few friends who were part of huawei India at Bangalore. I really felt pain for amount of work they were forced to do . One person was doing job of almost 3 persons. 12-15 hrs min for 6 days and 5-6 hrs at least on sunday...
  9. SHASH2K2

    China Economy: News & Discussion

    Beijing hit by a record 140 traffic jams in an evening World class city huh .
  10. SHASH2K2

    China Economy: News & Discussion

    Can you back your claim with some credible data? Claims like these needs to be backed up by data.
  11. SHASH2K2

    China Economy: News & Discussion

    Figuring out China's real economic size It is usually noisy. Stallholders shout out the prices of their produce, laid out on wooden tables or on sheets on the ground. Money changes hands constantly in what is still a largely cash society. How does the government keep track of all these...
  12. SHASH2K2

    China Economy: News & Discussion

    China imports in surprise August surge China reported a surprise surge in imports during August, leading to a fall in its trade surplus to $20bn (£13bn). Imports rose 35.2% from a year ago, faster than the 26.1% markets expected. This means that imports grew slightly faster than exports...
  13. SHASH2K2

    China Economy: News & Discussion

    Not to forget premature aging and baby breasts due to their wonderful milk powder.
  14. SHASH2K2

    China Economy: News & Discussion

    Looks like bubble is going to burst. if Not its size will definitely reduce . China should get used to less that double digit growth rate.
  15. SHASH2K2

    China Economy: News & Discussion

    China Boomtown Migrants Sorely Underpaid BEIJING (Reuters) - Young migrant workers in the southern Chinese boomtown of Shenzhen are sorely underpaid but in no position to ask for more money, state media Monday cited a survey as showing against a backdrop of strikes. Factories in China's export...
  16. SHASH2K2

    China Economy: News & Discussion

    China is up and so is your Inflation. any plans for that ? hahah
  17. SHASH2K2

    China Economy: News & Discussion

    BEIJING — On a hot morning in late May, while some 2,000 workers at a Honda parts factory were striking in China's south, 100 irate employees at a hotel in the heart of the capital staged their own protest. The Honda workers got lots of publicity. The hotel employees were mostly ignored. But the...
  18. SHASH2K2

    China Economy: News & Discussion

    Honda Motors said Tuesday that workers at a parts plant had walked off the job just days after the company settled a separate strike by agreeing to substantial pay raises for 1,900 workers at its transmission factory. The new walkout, at an exhaust-system factory in the city of Foshan, will...
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