November 2004
The mainland is no longer cheering the influx of foreign funds
massive (non FDI) inflows are putting pressure on the yuan to appreciate and upsetting the central bank's efforts to control money supply
China: US$100b bill looms for unpaid exports
No wonder they have no money to pay the labour. "An official report says mainland exporters are owed up to US$100 billion (HK$780 billion) by clients, a sum equivalent to one fifth of China's projected export earnings this year."
Yuan Expectations to Surge Against Dollar
market participants expect the value of the dollar to slip to 7.9014 yuan in 12 months. That would mean a 4.5 percent rise in the yuan's value against the dollar.
October 2004
Andy Xie: China: Growth Reacceleration Triggered Rate Hike
rate hike will halt property speculation; no near-term impact on currency
Steve Roach: China Tradeoffs
interest rate hike would have no impact on oil prices
China’s output rises for first time in 6 months
accelerating for the first time in six months in a sign that the impact of economic cooling measures may be fading
We're running out of workers, land and energy, says Shenzhen's technology chief
note that many Shenzhen enterprises now have their own schools to train workers.
China Digital News: In Shenzhen, workers protest at low wages, long hours
bout 3,000 workers protested outside an electronics factory in Shenzhen against low pay and harsh working conditions
September 2004
Andy Xie Calls Shanghai "A Playground"
businesses around the world want to entertain their top clients in Shanghai. The Grand Prix offered the occasion for hosting such events....Taiwanese money is at the center of Shanghai’s rise.
Bloomberg.com: China Will Probably Lift Interest Rates This Year, Survey Shows
Seven out of 11 economists forecast at least half a percentage point in 2004. One predicted a quarter-point increase and three said they expect no change.
Pan-Pearl River Delta - From Diversity to Cooperation
and the challenges of Pan-PRD Cooperation
August 2004
European Companies Contemplate Moving Shop from Shanghai to Poland
half a dozen foreign companies now in Shanghai who have been secretly (well almost, otherwise how do I know?) running the numbers to compare their costs between Shanghai and Eastern Europe. In every case except one Poland came out ahead in terms of cost s
林行止 林行止專欄
i'm so happy to have found this
