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Business & Economy

 

From China to Finland—Unexpected Export of Used Stained Garments

September 28, 2008, 11:53 pm

Chinese businessmen or tradesmen intentionally mislabeled a shipment as 46,000 pieces of new clothing bound for Finland, which was actually used soiled clothing.

Dairy Farmers Blamed for China Milk Scandal

September 25, 2008, 1:28 am

Official Chinese reports blame dairy farmers for China’s tainted milk powder scandal.

West is Naïve in Business With China, Say Experts

September 24, 2008, 1:10 pm

Experts say tainted milk scandal points to a naivete the West has in doing business with China’s communist regime

China’s Steel Industry Cuts Production for Survival

September 19, 2008, 6:19 pm

The recent slowdown of economic growth in mainland China has resulted in reduced prices for steel.

Three Trillion Dollars Evaporate From China’s Stock Market

September 19, 2008, 5:11 am

China’s benchmark Shanghai Composite Index has lost two thirds of its value from the market’s peak last October.

China’s Central Bank Cuts Rates for the First Time in Six Years

September 17, 2008, 1:58 am

China’s Central Bank is dropping lending rates to curb an economic slowdown according to experts.

China’s Real Estate Developers Cut Prices

September 13, 2008, 4:30 pm

Property developers are slashing the prices of new residential and office buildings around China as real estate prices continue to fall.

Beijing’s Auto Market Slows Down after the 2008 Olympics

September 11, 2008, 1:15 am

After the Beijing Olympic Games ended, there has been a series of negative effects on businesses in China.

Chinese Bureau of Statistics Publishes Report on Inflation

September 8, 2008, 1:30 am

Report states that inflation has become a major problem in the current Chinese economy.

China Faces Post-Olympic Economic Slowdown

September 6, 2008, 3:48 pm

Many signs show the Chinese economy is entering a period a recession.


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