China Economic ReviewWith the ratio of retirees to active workers rising, China faces ever more severe problems in funding pensions benefits for retired workers. The looming crisis in China's pension system is beginning to attract more attention in the Western press – most often when retirees at state-owned enterprises stage protests to demand the payment of overdue […]
The US Federal Bureau of Investigation opened an office in Beijing at the end of October, South China Morning Post said. The role of the office is to work with the Chinese government to stop drug trafficking, organised crime and terrorism. Speaking at the opening ceremony, US Attorney-General John Ashcroft praised the Chinese government's co-operation […]
The director-general of the WTO called on China to be more transparent in enforcing rules on intellectual property rights (IPR). However, Supachai Panitchpakdi said that WTO members seemed satisfied with progress made by China in protecting IPR. A legal framework had been established and laws had been passed, though member countries would like to be […]
The visit of President Jiang Zemin to the US in October appeared to have been a success, marking a significant decrease in tension between the two countries. In the course of his meetings with President George W Bush, Jiang secured an explicit commitment to the "One China" principle, by which the US recognises that Taiwan […]
The incomes of electronic engineers in the Chinese mainland soared 16 per cent in 2001, while those in Taiwan actually fell by 18 per cent, according to a survey conducted by EE Times Asia. The survey revealed that the average Taiwanese engineer worked 52 hours a week for an annual salary of US$18,540, while his […]