China Economic ReviewWestern car makers are hailing a new era in automobile sales in China. Increasingly major foreign car firms are toughing out the less than perfect conditions in order to make their presence felt in a country where the number of drivers is potentially huge.
As western economies face a 1993 of deepening recessions, China can look ahead to a year of flourishing growth. Our correspondent reports from Beijing on a healthy 1992 and a 1993 that looks set to see the Chinese economy taking steps to become increasingly compatible with western standards.
China’s capital city is not only a cultural centre, but also one of the country’s major manufacturing bases and a pioneer in the use of foreign investment. We assess the city and its municipality and offer a guide to hotels, whether you’re there for the culture or the business.
These days China has a vast range of commodities of interest to German retailers ? from textiles to titanium frames for mountain bikes. Hans van Ess of the East Asia-Pacific Business Association (OAV) assesses the effect of China’s export offensive on Sino-German trade figures, and looks at Germany’s growing success in attracting the Chinese buyer.
Shaanxi is home to the largest coal reserves in China, China Northwest Airlines, the Terracotta Warriers and a budding tourism industry. It is a province rich in minerals, but short on infrastructure, and has recently announced new regulations in an attempt to persuade foreign investors that it is worth investing in central China. We take a good look at what Shaanxi has to offer.