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The difficulty of producing accurate research on China is a persistent problem, particularly for non-specialists. The country’s half-reformed statistical system measures categories with which Westerners are not familiar. Methodologies are weak – leading to frequent double counting – and explanations of how such methodologies are arrived at are either only published in obscure Chinese texts […]

The plan to merge China A-share is going nowhere, and so are Shenzhen’s hopes to establish a high-technology board in the ciry. Shenzhen’s long-awaited second board – an over-the-counter stock market designed to raise funds for Chinese technology and high-growth companies – has once again been left standing at the altar. First mooted as long […]

Baosteel Group has set up an iron ore joint venture in Western Australia with Hamersley Iron, a unit of Rio Tinto. Hamersley will hold a 54 per cent stake in the 20-year joint venture, which will supply Baosteel with an average 10m tonnes of ore annually. The Chinese company has been importing nearly all its […]

Several bugging devices were discovered by Chinese investigators in a Boeing 767 intended to be used as a private jet by President Jiang Zemin. There were no allegations of who was responsible for planting the devices on the plane, whose construction in the US was overseen by Chinese officers. The discovery was revealed just a […]

US President George W Bush has granted China permanent normal trading relations, effective from the start of this year. The decision, which gives China the right to export its goods to the US under the same low tariff rates enjoyed by most other trading countries, was granted two weeks after China joined the World Trade […]