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China - Business & Economy
67,000 Factories Closed in China in Six Months
Nov 16, 2008, 8:00 pmOver 67,000 factories have closed in China over the first half of this year.
Bankruptcies and Huge Economic Stimulus Package Signal Economic Crisis in China
Nov 14, 2008, 8:00 pmThe global recession is hitting China hard, having caused the bankruptcy of many export industries in the Pearl River Delta.
Labor Camp Explosion in Anhui Kills Over 100
Nov 14, 2008, 12:00 amA large explosion at a coal and gravel labor camp killed over 100 people in Huainan City, Anhui Province.
Chinese Premier: Economic Crisis "Worse Than Expected"
Nov 13, 2008, 2:00 pmTop officials of the Chinese Communist regime finally admitted that the economic crisis in China is taking a severe toll.
Beijing’s Stimulus Package and China's Economic Structure
Nov 11, 2008, 10:00 amBeijing announced on November 11 an unprecedentedly huge economic stimulus package worth 4 trillion yuan (approximately $586 billion) by the end of 2010. The package is aimed to boost domestic demand by financing programs in 10 major areas.
China’s Coal and Coke Industry Enters Recession
Nov 9, 2008, 11:00 pmChina’s coal and coke industry is beginning to enter a recession due to industry-wide price drops as a result of the global financial storm.
China’s Economic Slowdown Is Accelerating
Nov 5, 2008, 4:00 pmRecent statistics indicate an accelerating downturn in China's economy, worst along the coast.
Melamine Pervades Chinese Animal Feed Industry
Nov 5, 2008, 2:00 pmMelamine is regularly added to all types of animal feed in China, spreading contamination around the world.
Chinese Shareholders Lose an Average of 380,000 Yuan
Nov 5, 2008, 12:00 pmThe Hushen Index, reflecting China’s Shanghai and Shenzhen stock markets, is down nearly 70 percent from its peak last November.
China: Not a Financial but an Economic Crisis
Nov 3, 2008, 9:00 pmHe Qinglian's opinion: The following facts are the cause of China’s economic crisis: Crash of real estate and the stock markets, heavy losses from toy exports and the milk scandal, as well as high inflation.
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