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Minister: Mainland finances face difficult year

6 January 2009
Falling revenues and a surge in spending mean that China's finances will face difficulties this year, the South China Morning Post reported, citing comments from the Minister of Finance Xie Xuren.  more...

Markets rise on first day of trading

6 January 2009
China shares rose on the first day of trading in the new year after government officials said additional steps would be taken to boost economic growth, AP reported.  more...

State media: China faces unrest in 2009

6 January 2009
A state-run magazine has said that China "without doubt" will face a wave of protests and riots in 2009 due in part to rising unemployment among university graduates and migrant workers, Reuters reported.  more...

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The Editors' Blog

CER links: Xie on 2008, Wolf on 3G, Ashbrook on China’s economy

January 6, 2009 by CER Del.icio.us
What we’ve been reading recently: Caijing - Goodbye 2008 - Andy Xie looks back at the year that was Silicon Hutong - 3G in China: ARPU as a Measure Doesn’t Measure Up - David Wolf looks at 3G in Asia for a yardstick on how it might fare in China. Get ready to go geeky.

CER links: Sanlu, Trains, Foreign banks bailing

January 5, 2009 by CER Del.icio.us
What we’ve been reading recently: China Daily - Sanlu ex-boss was aware of tainted milk - Tian Wenhua, formerly chairwoman and general manager of Sanlu Group, admits to court that she was aware of the tainted milk problems in May but only notified the authorities in August. Tian could be sentenced to death for her negligence FT.

Capitalist Roader Fund: The end of the beginning (Hold)

December 31, 2008 by Andrew Galbraith
On this day last year, you will remember, the SCI closed at 5,272.814 points.

Partner Content

No Beijing Bailout for Chinese Automakers

With China's economy cooling, sales growth is way down at the country's 100-plus carmakers. But the government shows no sign of intervening
By Chi-Chu Tschang

Zhejiang Province: A Free-Market Success Story

China's Zhejiang and Jiangsu provinces seem similar, but household income in entrepreneurial Zhejiang shows an economic model to be followed
By Yasheng Huang

Losses Grow as China's Economy Weakens

Premier Wen may be "full of confidence," but another rate cut, disappointing earnings, and struggling manufacturers tell a different story
By Bruce Einhorn

Beijing Bank Bailout May Help Farmers

With economic growth slowing, China must boost demand in the countryside. That starts with a government rescue for the Agricultural Bank of China
By Chi-Chu Tschang

Can Chinese Tourism Beat the Credit Crisis?

China's GDP has slowed, a sign the nation is feeling the effects of the global downturn. Now its tourism engine is sputtering, too
By Bruce Einhorn