Inflation behind 100 yuan

From Netease:

November 11, 2010, data from Bureau of Statistics showed in October consumer price index rose 4.4%, reached a new high in the last 25 months.

Rewind time back to November, 2009, in one year, how much did the price of commodities rise?

The same 100 yuan, how many less things does it buy you after one year?

According to data from Beijing Market Association on November 13, 2009 and on November 13, 2010, let’s take a look how much the same 100 […]Read more…

Is China’s Growth Sustainable?

A while back we promoted the Diplomat Essay Competition.  The following is the winning essay written by Calvin Wong who won a trip to Japan covering the APEC summit.

Reposted from the Diplomat:

Is China’s Growth Sustainable?

By Calvin Wong

Fifteen years ago, APEC leaders meeting in Japan called for joint action ‘to ensure the region’s economic prosperity is sustainable.’ But is it realistic to believe that APEC’s largest member, China, can grow rapidly and sustainably?

Read more…

Growing trend of China’s Internet video landscape

China’s Internet Video landscape is growing in a fast pace as the major video sharing sites like Youku and Tudou becoming popular in Chinese people’s daily digital lives. These sites are not only served as user based video sharing networks, unlike Youtube, large number of the Chinese people actually watch their favorite TV show and movies on these sites. Issues of copyrights aside, the Hulu-like business model actually opened up a lucrative market for the Chinese companies. At the […]Read more…

The annoying “vuvuzela” horns at the 2010 South Africa World Cup are all made in China

(photo by Xihua reporter 杨磊)

(From 002china.com) Currently the hottest news topic around the world is probably the World Cup. Other than the excellent performances by the teams of various countries, the most talked about subject is perhaps the loud horn noise that fills up the entire stadium from the beginning to the end of each match. These long plastic horns called vuvuzela are causing heated discussions internationally because of the high decibel noises they make.

Although the Chinese team did […]Read more…