The Chinese government is facing strong pressure to devalue the yuan but there is little evidence that such a move would improve the trade balance.
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The Chinese government is facing strong pressure to devalue the yuan but there is little evidence that such a move would improve the trade balance.
Intense competition in Shanghai’s retail sector and many new market entrants have cut profits and forced weaker players out of business.
An experimental share option scheme in Shanghai has been halted, dealing a blow to Premier Zhu Rongji’s attempts to invigorate the state enterprise sector.
Despite a relatively buoyant office market in Shanghai, developers face a hard choice whether or not to proceed with new building projects, writes Sam Crispin, head of China research at FPDSavills.
The first Dutch royal visit to China in more than 20 years provided a welcome business opportunity for Dutch exporters and investors.