Former US President Bill Clinton’s philanthropic brainchild, the Clinton Global Initiative (CGI), has been running in Hong Kong this week For all the tub-thumping about combating climate change, you have to wonder who is willing to put their money where their mouth is during these tough economic times. The China representatives in the opening plenary […]
Category: This Week in China
We attended a talk a while ago at which an economist, noting that things were looking rocky for China next year, said that just as surely as official GDP figures have been underreported in recent years to ward off overheating fears, the numbers will be reliably massaged upward over the next couple of years. A […]
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Fly by night
Team building exercise, November 18: Dongguan is apparently a somber place at the moment. We heard of worker protests, head-knocking by police, and even the ransoming of manufacturing equipment by disgruntled employees. What’s more, the pain is spreading across sectors. One source, however, mentioned a bright spot – security equipment manufacturing. “As times get bad, […]
What we’ve been reading recently: FT.com – Gome affair shows risks of wealth – Huang Guangyu affair shows the risks of wealth Times Online – China’s richest man, Huang Guangyu – a courteous billionaire – Jane Macartney of the Times gives a personal account of meeting Huang Guangyu China Manufacturing Leadership – All manufacturing! All […]
Anhui Conch Cement (600585.SH) continued to roll this week, jumping the 10% daily limit on Thursday after the central bank announced heavy interest rate cuts. Two weeks ago, Conch posted a 30% gain when details of the government’s stimulus package were announced. We’ll monitor for new details of the package with fingers crossed for more […]
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