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Despite recent progress, the government has little time left in order to achieve its goal of unifying the national pension system by next year has proven to be too much of a burden for financially-strapped SOEs.

After a promising start, China’s mutual funds industry has been suffering from the government’s failure to promote this new investment vehicle.

Like many other port projects in China, the Singapore-Changshu Port City in Jiangsu province is suffering from the impact of the Asian crisis.

Domestic computer firms have made big gains in market share over the last couple of years. Now foreign vendors are fighting back with price cuts.

Shanghai and Zhejiang are co-operating to develop a port that will serve as the head of a vast trading region emerging along the Yangtze River.