economy
China Mostly Immune to Global Financial Crisis
This article was aggregated from Shenzhen Undercover
For the past few weeks, I've been engrossed with the current US election. As a person who has volunteered for campaigns, canvassed in low income neighborhoods and helped register people to vote in the US, it has been an interesting election season so far.
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Official Quote: About Poverty and Food Prices
This article was aggregated from Just Recently
“Compared with 1978, grain output had increased from about 300 billion kg to 500 billion kg in 2007. Amid world shortages of food and soaring prices, China’s food supply and prices remained stable.”
Come again?
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Expat Exodux = Easy to find a Job in Shenzhen
This article was aggregated from Shenzhen Undercover
In the past few months, there has been a huge exodus of foreigners from Guangdong province. Due to the Olympics, China employed a lot of regulations that could help control the flow of foreigners into China. Not only was it much more difficult to obtain a visa but it was almost impossible to get a visa in Hong Kong.
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Art speculators abstain from buying as markets remain low
This article was aggregated from 2point6billion
When a financial crisis hits, its the peripherals that go first - advertising, additional human capital, fringe benefits and speculative investments. American’s witnessed this first hand during the last few weeks as markets plunged and art speculators shied away from Asian art auctions.
When Asian auctions opened the week beginning September 15 in New York, around [...]
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The importance of the Shanghai Cooperation Organisation
This article was aggregated from 2point6billion
With the rise of Asia and the emergence of Central Asia in global economics and politics the role of the Shanghai Cooperation Organisation is growing in importance. Founded in 2001 in Shanghai, by the leaders of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan, the SCO was originally formed due to growing security concerns in the [...]
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Did China and Japan push US government to intervene?
This article was aggregated from Just Recently
The Japanese banks are back, says the Economist. And the Chinese banks have started playing a big global role, as the current US financial crisis is showing, according to Frank Sieren, a German author and China correspondent in an article in Die Zeit (printed edition) of September 25. The Japanese banks are buying themselves into American [...]
South Korea woos Russia for Oil
This article was aggregated from 2point6billion
South Korea’s growing economy is hungry for oil and is actively competing with China for oil and natural gas from Russia, its closest oil rich nation. South Korea is interested in getting a spur of the Asian pipeline being built by Russian pipeline monopoly Transneft, the company’s vice president, Mikhail Barkov, told Reuters.
A source [...]
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Anything wrong with the US Treasury Secretary’s Bailout Plan?
This article was aggregated from Just Recently
No matter if a political system is a dictatorship or a democracy, every debate that concerns the public as much as Secretary Paulson’s bailout plan will contain some ideological elements. The American search for an effective rescue package to weather the financial crisis can’t be an exception. But this is a blog, this post is just a [...]
When there’s blood on the streets, buy gold!
This article was aggregated from 2point6billion
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Hong Kong tycoon Li Ka-shing, the Warren buffet of Asia, has bought heavily into bank of East Asia after stocks of the Asian bank plummeted more than 11 percent.
Warren E. Buffett, the America’s most famous investor and one of the world’s richest men, announced on Tuesday that he would invest $5 billion in Goldman Sachs, [...]
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Hermit: Dressing-down for such Stupid Questions
This article was aggregated from Just Recently
Hello Children,
at last, those foreign oppressors must obey the law! No longer will those more than 100 foreign-funded big companies get away without collective contracts with their depredated employees!
Whad’ya saying? Yes - you? There are Chinese bosses who treat their employees like dirt and are not even obliged to take measures for working safety, because [...]




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