[photopress:MBA_Asian_programs.jpg,full,alignright]Business schools in Asia have a hard time competing against their international counterparts. This according to the The Wall Street Journal/Harris Interactive survey of recruiters. Jeanette Purcell, chief executive of the Association of M.B.A.s, the London-based international membership and accreditation agency for MBAs, said, ‘It takes time to establish a school’s credentials, to attract quality […]
Category: Economics & Trade
[photopress:air_tour_group.jpg,full,alignright]More travelers from China are thinking of going overseas as a change to the normal domestic trip during the National Day holiday – thanks to the rising renminbi. The value of the renminbi against the US dollar has surged nearly 10% since July 2005, when the central bank unpegged the currency from the greenback and […]
[photopress:real_estate_apartment_shanghai.jpg,full,alignright]China’s central bank and banking regulator has confirmed interest rates and down payments on some categories of mortgage will be increased. According to the notice published on the website of China Banking Regulatory Commission (CBRC), the rate on loans for second homes and on commercial real estate will be raised to least 1.1 times the […]
[photopress:hotels_three_gorges.jpg,full,alignright]To develop tourism in the Three Gorges Dam region China will invest RMB26.9 billion between 2007 and 2020. The funding is aimed at developing tourism in the region to provide jobs for local people. The forecast is this investment will generate a RMB20 billion return, or 24.7% of the area’s gross domestic product, by 2020. […]
SanDisk, the world’s biggest provider of flash storage products, has opened an assembly and testing plant in Shanghai — the company’s first production facility in China. SanDisk invested $100 million in the plant which is in Shanghai Zizhu Science-based Industrial Park in the southwest of the city. The facility will focus on the assembly and […]