<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:gd='http://schemas.google.com/g/2005' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-3680987051951056661</id><updated>2011-11-27T15:26:23.464-08:00</updated><category term='renminbi'/><category term='mobile'/><category term='Canton Fair'/><category term='man'/><category term='yuan'/><category term='China&apos;s exports'/><category term='reform'/><category term='exporters'/><category term='potential crisis'/><category term='Ministry of Finance'/><category term='BCA v Singh'/><category term='correctly'/><category term='property tax'/><category term='National Bureau of Statistics (NBS)'/><category term='economy'/><category term='campaign'/><category term='environmnental and resource taxes'/><category term='woman'/><category term='SIC'/><category term='trade deficit'/><category term='machine'/><category term='nothing'/><category term='censorship'/><category term='phone'/><category term='hoarding'/><category term='expectations'/><category term='retailers'/><category term='shanghai'/><category term='property prices'/><category term='energy research'/><category term='punctuation'/><category term='soya'/><category term='libel'/><category term='fake'/><category term='carbon tax'/><category term='GAC'/><category term='real estate policies'/><category term='goods'/><category term='internet'/><category term='index'/><category term='CPI'/><category term='bean'/><category term='greenhouse gas emissions'/><category term='buyers'/><category term='debts'/><category term='consumer inflation'/><category term='VoiceofReason'/><title type='text'>China Logistics Economy Watch</title><subtitle type='html'>China Logistics Economy Watch aims to highlight certain interesting issues of logistics, transport with regards to the Greater China economy, to give readers an alternative view and perspective - thinking out of the box - so that they can form their own opinions about those issues that might be merely everyday issues, not necessarily controversial.</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default?max-results=100'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>17</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>100</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-4796683683128389733</id><published>2010-07-04T10:23:00.000-07:00</published><updated>2010-07-04T10:26:29.960-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='economy'/><title type='text'>China hikes 2009 growth estimate to 9.1%</title><content type='html'>China Watch Blog has reported that China's economy grew even faster in 2009 than previously reported, adding to concern that the flood of stimulus spending and loans that drove its rebound has left a dangerous glut of unneeded factories and other assets.&lt;br /&gt;&lt;br /&gt;The government raised its estimate of 2009 growth yesterday from 8.7 per cent - already the fastest among major economies - to 9.1 per cent, boosting China's economic output to the equivalent of US$4.98 trillion.&lt;br /&gt;&lt;br /&gt;That suggested Japan clung to its title as the second-largest economy with just under US$5.1 trillion in output.&lt;br /&gt;&lt;br /&gt;Beijing propelled its recovery from the global slump with a four trillion yuan stimulus and record 2009 bank lending of 9.6 trillion yuan. But the country's Communist leaders now worry that that drove overspending on factories and other facilities, which could lead to economic problems if producers are forced to slash prices in glutted markets or cannot repay bank loans.&lt;br /&gt;&lt;br /&gt;'There definitely are risks of overcapacity from all this investment,' said Citigroup economist Ken Peng.&lt;br /&gt;&lt;br /&gt;He said Beijing is likely to have to step in and repay at least some of the debts of overextended state companies or local governments.&lt;br /&gt;&lt;br /&gt;Makers of steel and textiles are likely to be hit hardest because they have the biggest oversupply and foreign demand for their goods is weak, said Lu Zhengwei, senior economist for Industrial Bank in Shanghai.&lt;br /&gt;&lt;br /&gt;Steel producers, which expanded output as demand from stimulus-financed construction projects surged, have 16 million tonnes of unsold stock, state television said yesterday. It said mills are selling steel at prices below cost.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-4796683683128389733?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/4796683683128389733/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/07/china-hikes-2009-growth-estimate-to-91.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/4796683683128389733'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/4796683683128389733'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/07/china-hikes-2009-growth-estimate-to-91.html' title='China hikes 2009 growth estimate to 9.1%'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-5707196657975178712</id><published>2010-07-04T09:51:00.000-07:00</published><updated>2010-07-04T10:04:46.599-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='yuan'/><category scheme='http://www.blogger.com/atom/ns#' term='hoarding'/><title type='text'>Yuan hoarding causes shortage in HK...</title><content type='html'>Sorry, no yuan! That's the message from several Hong Kong money changers as speculators scramble to stock up in anticipation of the currency rising further.&lt;br /&gt;A local bank manager is not surprised that yuan stocks have ran out as supply is tight.&lt;br /&gt;&lt;br /&gt;"People are banking on reports that the United States is pressing for a 10 percent yuan appreciation, despite Beijing saying any appreciation will be gradual," he told The Standard on condition of anonymity. "People want to make a fast buck since interest in the Hong Kong dollar is low. So the yuan is a sure bet for anybody."&lt;br /&gt;&lt;br /&gt;A source at the Hong Kong Monetary Authority said the shortage at money changing counters could be due to another factor - hoarding.&lt;br /&gt;&lt;br /&gt;"Money changers are expecting the yuan to appreciate faster and sooner, and so they are holding on to their stocks," the source said. "The fact that there is no cap on conversions to yuan has put them a difficult position in both quoting and selling of the currency.&lt;br /&gt;&lt;br /&gt;"They obviously do not want to sell large amounts of yuan."&lt;br /&gt;&lt;br /&gt;Local banks have confirmed they have an unlimited supply of yuan, which they get directly from the mainland central bank, the People's Bank of China.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-5707196657975178712?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/5707196657975178712/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/07/yuan-hoarding-causes-shortage-in-hk.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5707196657975178712'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5707196657975178712'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/07/yuan-hoarding-causes-shortage-in-hk.html' title='Yuan hoarding causes shortage in HK...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-7754985074564809975</id><published>2010-05-22T00:29:00.000-07:00</published><updated>2010-05-22T00:47:26.803-07:00</updated><title type='text'>US crackdown on illegal Cosmetics labels...</title><content type='html'>US consultant, FDAImports.com, LLC has warned that the U.S. Food &amp; Drug Administration (US FDA) is to take up major enforcement action against Cosmetics Manufacturers with illegal “Anti-Aging” Labelling Claims.&lt;br /&gt;&lt;br /&gt;The U.S. Food &amp; Drug Administration's Center for Drug Evaluation and Research (CDER) will soon crackdown on cosmetics product labels bearing illegal drug claims, including “SPF,” “anti-aging,” or “anti-wrinkle,” according to Benjamin L. England, former 17-year FDA veteran and FDAImports.com, LLC Founder.&lt;br /&gt;&lt;br /&gt;A cosmetics manufacturer or importer in the USA will be potentially subject to IA 66-38, and may face product labelling compliance challenges that could lead to financial losses if no action is taken.&lt;br /&gt; &lt;br /&gt;FDA issued Import Alert #66-38, “Skin Care Products Labeled As Anti-Aging Creams” (IA 66-38) in 1988, subjecting cosmetic manufacturers - including several large, non-U.S. cosmetics importers Estee Lauder, L’Oreal, Avon, Almay and Fleur de Sante - to “intensive surveillance” for importing cosmetics with drug claims on cosmetic product labeling. &lt;br /&gt;&lt;br /&gt;FDA appears to be cracking down on importers whose cosmetic product labels bear illegal drug claims. As recently as April 2010, FDA added 93 cosmetics products and four firms to the IA 66-38 “Yellow List,” which subjects those companies’ imported cosmetics to “intensive FDA surveillance” including increased import field examinations. &lt;br /&gt;&lt;br /&gt;These additions to the alert show that FDA is getting serious,” said England. &lt;br /&gt;&lt;br /&gt;We are not sure if this crackdown will impact Chinese exporters of cosmetic products to the USA, but it is better to be forewarned.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-7754985074564809975?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/7754985074564809975/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/us-crackdown-on-illegal-cosmetics.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/7754985074564809975'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/7754985074564809975'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/us-crackdown-on-illegal-cosmetics.html' title='US crackdown on illegal Cosmetics labels...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-4184778257394114927</id><published>2010-05-13T09:37:00.000-07:00</published><updated>2010-05-13T09:42:51.609-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='debts'/><category scheme='http://www.blogger.com/atom/ns#' term='potential crisis'/><category scheme='http://www.blogger.com/atom/ns#' term='Ministry of Finance'/><title type='text'>Warning over potential crisis looming</title><content type='html'>&lt;p&gt;About 40% of  new loans in the first quarter went to local government bodies, with  analysts warning that a potential crisis is looming, according to a China Daily report.&lt;/p&gt; &lt;p&gt;Wei Jianing, deputy head of macroeconomic research department at the  DRC, said the scale and debts of these local government-owned bodies -  mainly financing companies using land and fiscal revenue as collateral -  has been swelling rapidly, and may pose great risks to the economy.&lt;/p&gt; &lt;p&gt;"In the past, a government usually had two to four financing arms  under its jurisdiction, but the number grew to 10 in 2009 under the  country's proactive fiscal policy and loose monetary policy needs," he  said, adding that the various levels of government investment and  financing companies totaled more than 3,800, 70 percent of which are at  district or county level.&lt;/p&gt; &lt;p&gt;The debts of these arms have surged to 6 trillion yuan (US$879.12  billion)  in 2009 from 1 trillion yuan in early 2008, said Wei. In 2009,  new loans to those financial arms reached about 3.8 trillion yuan, 40  percent of the 9.59 trillion in new credit from China's banks, he said.&lt;/p&gt; &lt;p&gt;Jia Kang, director of the Institute of Research at the Ministry of  Finance, also said this month that he is not sure about the exact amount  of local government debts, but said some researchers estimate they  could amount to more than 8 trillion or even 11 trillion yuan.&lt;/p&gt; &lt;p&gt;Analysts said the central government's recent tightening of the  housing market would greatly affect local fiscal revenue and make it  very difficult for the governments to pay their debts.&lt;/p&gt; &lt;p&gt;According to the Ministry of Finance, in 2009 the nation pocketed  1.42 trillion yuan in land transfer revenue, about 3 percent of gross  domestic product during that period.&lt;/p&gt; &lt;p&gt;Even when interest payments are not taken into account, it would take  local governments four to five years to repay the 6 trillion yuan in  loans.&lt;/p&gt; &lt;p&gt;"Revenue generated by selling land accounted for 45 percent of total  local fiscal revenue last year. If the real estate market slumps and  developers become hesitant about buying land, a crisis would erupt in  local finances," said Tao Dong, chief analyst with UBS Securities in  Asia.&lt;/p&gt; &lt;p&gt;Experts concerned over huge loans to local govts 12 listed banks'  property loans total 5t yuan&lt;br /&gt;As the firms were set up mainly to attract capital used in  infrastructure and the construction of other public facilities, a major  driving force of China's economic growth, the whole economy may be  dragged down as crisis fans out, said Wang Zhihao, China research  director of Standard Chartered Bank.&lt;/p&gt; &lt;p&gt;But some are more optimistic about the impact of the debts. "I don't  believe the debts could pose much threat," said Jia, adding the biggest  problem in local financing lies in the severe irregularities of  borrowing.&lt;/p&gt; &lt;p&gt;He said the irregularities were reflected in the huge mismatch  between the borrowed amount and the ability to repay in some regions.  "But if we fight the fire only when the problems are already very  evident, the social impact would be much greater."&lt;/p&gt; &lt;p&gt;In addition, the financing firms' executives, mainly government  officials, often lack the necessary experience in management and risk  prevention, added Wei.&lt;/p&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-4184778257394114927?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/4184778257394114927/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/worries-rise-over.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/4184778257394114927'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/4184778257394114927'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/worries-rise-over.html' title='Warning over potential crisis looming'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-2424969634672392674</id><published>2010-05-13T08:37:00.000-07:00</published><updated>2010-05-13T08:39:26.946-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='property tax'/><title type='text'>Shanghai multiple house owners to pay tax...</title><content type='html'>&lt;span&gt;&lt;span class="fbody" id="zoom"&gt;Shanghai is mulling tough measures,  including imposing a property tax on owners of multiple houses, as early  as this month in order to cool the overheated real estate market, according to an  official Shanghai Securities News report.&lt;br /&gt;&lt;br /&gt;The draft  rules, which are still under discussion and subject to change, include  applying existing commercial-use property taxes to owners of multiple  residential properties, the newspaper quoted an unnamed source close to  the Shanghai municipal government as saying.&lt;br /&gt;&lt;br /&gt;Extending existing  commercial-use property taxes to owners of multiple residential  properties would simplify the legislative process, and property owners  would be evaluated by their families' per capita living space, China Watch Blog reported, citing a  source.&lt;br /&gt;&lt;br /&gt;If property owners meet the tax-paying threshold,  they would pay 0.8 percentage point of their property's assessed market value  annually, the source said.&lt;br /&gt;&lt;br /&gt;Detailed rules would be issued as  early as this month, the source said.&lt;br /&gt;&lt;br /&gt;The Shanghai Municipal  Housing Support and Building Administration Bureau didn't comment on the  rules when contacted by the Global Times Wednesday.&lt;br /&gt;&lt;br /&gt;Experts said  imposing a property tax would be the toughest measure yet to combat  property speculators.&lt;br /&gt;&lt;br /&gt;"The tax measure is aimed at increasing the  efficiency of residential property usage, lessening the gap between the  rich and the poor, and increasing local governments' fiscal revenues,"  said Yin Zhongli, a researcher with the Institute of Finance and Banking  at the China Academy of Social Sciences. "It is definitely a trend for  the whole country in the future."&lt;br /&gt;&lt;br /&gt;Media reported in April that  China would impose trial property taxes in Beijing, Shanghai, Shenzhen  and Chongqing. However, Beijing and Shenzhen did not adopt a property  tax in their recently-released local housing market measures. Chongqing  mayor Huang Qifan told local media on April 20 that the city had  proposed to the central government a plan for a property tax for  high-end properties.&lt;br /&gt;&lt;br /&gt;"Shanghai may be the first city in China to  impose a property tax," said Yang Hongxu, an analyst with Shanghai-based  E-House China Research Development Institute. "The property bubble is  similar in Shanghai, Beijing and Shenzhen, but the Shanghai government  faces more pressure due to limited land supply for commercial  residential property this year."&lt;br /&gt;&lt;br /&gt;Shanghai plans to supply 330  hectares of land for commercial residential property this year, while  Beijing plans to supply about 1,250 hectares of land for the same  purpose.&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-2424969634672392674?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/2424969634672392674/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/shanghai-multiple-house-owners-to-pay.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/2424969634672392674'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/2424969634672392674'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/shanghai-multiple-house-owners-to-pay.html' title='Shanghai multiple house owners to pay tax...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-324862435551821458</id><published>2010-05-11T09:00:00.000-07:00</published><updated>2010-05-11T09:05:22.693-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='CPI'/><category scheme='http://www.blogger.com/atom/ns#' term='National Bureau of Statistics (NBS)'/><title type='text'>China reports April CPI up 2.8pc...</title><content type='html'>China's consumer price index (CPI), a main gauge of inflation, picked up faster in April by rising 2.8% year on year,  and was up 0.4 percentage point from 2.4% in March, Xinhua reported, citing the National Bureau of Statistics (NBS). The CPI dropped 1.5% in the same month last year.&lt;br /&gt;&lt;br /&gt;For the first four months, China's CPI rose 2.4% year on year. The producer price index (PPI), a major measure of inflation at the wholesale level, grew 6.8% year on year in April and was up 0.9 percentage point from March.&lt;br /&gt;&lt;br /&gt;In April, consumer prices in China's urban areas increased 2.7% and in rural regions by 3%. Food prices, which accounted for about a third of the weighting in calculating the CPI, gained 5.9% during the month.&lt;br /&gt;&lt;br /&gt;China is targeting a rise in consumer prices of around 3% this year, according to a government work report delivered by Premier Wen Jiabao in March at the annual legislative session.&lt;br /&gt;&lt;br /&gt;China's CPI ended nine months of decline in November of 2009, when it rose 0.6 percentage point, as the nation's economy rebounded strongly ever since.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-324862435551821458?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/324862435551821458/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/china-reports-april-cpi-up-28pc.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/324862435551821458'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/324862435551821458'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/china-reports-april-cpi-up-28pc.html' title='China reports April CPI up 2.8pc...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-6115039681961355322</id><published>2010-05-11T08:17:00.000-07:00</published><updated>2010-05-11T08:18:36.346-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='real estate policies'/><category scheme='http://www.blogger.com/atom/ns#' term='property prices'/><title type='text'>Property price woes in China...</title><content type='html'>&lt;p&gt;According to China Watch Blog, industry experts said at a forum on Monday that China's property  prices will stabilize in the second quarter of this year due to the  government's tightening of real estate policies and attempt to improve  imbalances between supply and demand. That's good news, but others are  worried about what this means to property prices.&lt;/p&gt; &lt;p&gt;"In cities that have experienced excessive property price growth,  there will be bigger fluctuations in the following three months, but the  decrease will differ from city to city," says Nie Meisheng, president  of China Real Estate Chamber of Commerce.&lt;/p&gt; &lt;p&gt;However, experts are worried that tightening policies may deter  property developers from starting new projects and purchasing land,  thereby cutting the supply and pushing up prices next year.&lt;/p&gt; &lt;p&gt;Both central and local governments have launched a string of measures  to curb soaring property prices and investment-oriented home purchases,  such as raising down-payments and mortgage rates for second and third  homes, and even restricting the number of apartments a family can  purchase, People's Daily reported.&lt;/p&gt; &lt;p&gt;Those measures instantly chilled the property market in key cities,  with transactions and prices falling. Statistics from the China Index  Academy show that among the 35 major cities it monitors, 26 cities saw  transactions dip last week, with an average fall of more than 20  percent.&lt;/p&gt; &lt;p&gt;The average price of home deals in the southern city of Shenzhen was  19,271 yuan ($2,823) per square metre, down 25.44% from the previous  week, leading to the biggest drop among 35 cities.&lt;/p&gt; &lt;p&gt;Beijing was down 18% to 15,707 yuan per sq m, and Shanghai was down  12.2% to 13,246 yuan per sq m. Hangzhou, capital of East China's  Zhejiang province, however, reported a 49.2% increase in transactions  and 25% growth in price, with the average price reaching 25,409 yuan  last week.&lt;/p&gt; &lt;p&gt;Let's wait and see what happens in the next few months.&lt;/p&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-6115039681961355322?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/6115039681961355322/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/property-price-woes-in-china.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/6115039681961355322'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/6115039681961355322'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/property-price-woes-in-china.html' title='Property price woes in China...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-122507979142182270</id><published>2010-05-10T11:17:00.000-07:00</published><updated>2010-05-10T11:18:37.918-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='VoiceofReason'/><title type='text'>Visit voiceofreason.com</title><content type='html'>&lt;div align="CENTER"&gt;&lt;p&gt;&lt;b&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;font-size:100%;color:#000066;"&gt;Visited Voice of Reason website - and thought it was good to share what we read:&lt;br /&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;&lt;b&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;font-size:100%;color:#000066;"&gt;404  Error: Whoops! Sorry but the link you are following isn't there any  more. Please  tell us about this problem on &lt;a href="mailto:editor@thevoiceofreason.com"&gt;editor@theVoiceofReason.com&lt;/a&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt; &lt;p&gt;&lt;b&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;font-size:100%;color:#cc0000;"&gt;We   have recently moved all of the video files to  separate sites. Try  typing in www.pddrama.com or www.pdcomedy.com  if you were looking for a video file.&lt;/span&gt;&lt;/b&gt;&lt;/p&gt; &lt;/div&gt;&lt;div align="CENTER"&gt;&lt;span style="font-family:Verdana, Arial, Helvetica, sans-serif;font-size:85%;color:#cc0000;"&gt;&lt;b&gt;&lt;span style="color:#000066;"&gt;Please  either click on the back button in your browser, or, to go to the front  of the  site, please type http://www.thevoiceofreason.com into your browser&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-122507979142182270?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/122507979142182270/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/visit-voiceofreasoncom.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/122507979142182270'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/122507979142182270'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/visit-voiceofreasoncom.html' title='Visit voiceofreason.com'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-5936763489759591509</id><published>2010-05-10T10:55:00.000-07:00</published><updated>2010-05-10T11:00:14.124-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='carbon tax'/><category scheme='http://www.blogger.com/atom/ns#' term='greenhouse gas emissions'/><category scheme='http://www.blogger.com/atom/ns#' term='energy research'/><category scheme='http://www.blogger.com/atom/ns#' term='environmnental and resource taxes'/><title type='text'>Carbon tax likely, expert forecasts...</title><content type='html'>China may start levying a carbon tax and further boost prices of fossil fuel for the next five years as a crucial incentive to cut greenhouse gas emissions and help realize green targets, Xinhua reported, citing a government-affiliated expert forecast.&lt;br /&gt;&lt;br /&gt;"We expect China will start to levy various taxes only if they are helpful in mitigating greenhouse emissions and developing a low-carbon economy," Jiang Kejun, a senior researcher with the Energy Research Institute under the National Development and Reform Commission, was quoted as saying.&lt;br /&gt;&lt;br /&gt;"I think a carbon tax is likely to be levied during the 12th Five-year plan (2011-15) period," said Jiang. The National Development and Reform Commission is a Cabinet department responsible for the country's mid- and long-term development plan.&lt;br /&gt;&lt;br /&gt;Apart from a carbon tax, Jiang said the government may begin to levy environmental and resource taxes, and the country will greatly boost subsidies to support low-carbon technology research and development.&lt;br /&gt;&lt;br /&gt;At a weekend climate change forum organized by the China Centre for International Economic Exchanges, Jiang said that the government is serious about realizing its target of cutting carbon intensity by 40-45% by 2020 from 2005 levels and the government will implement "tougher measures" in the coming five years to realize the green goal.&lt;br /&gt;&lt;br /&gt;Jiang said the taxation and fiscal incentives are just part of a portfolio of possible policy changes, which may turn into reality when China implements its low-carbon development pathway.&lt;br /&gt;&lt;br /&gt;"We can possibly surpass the United States between 2020 to 2025 in terms of research and development investment," said Jiang. "If this comes true, we can start to dream of becoming a low-carbon technology leader in the world."&lt;br /&gt;&lt;br /&gt;However, Jiang is pessimistic about the coming 10 years. China's total 400-billion-yuan ($59 billion) investment in scientific research and development, Jiang said, "is only about one sixth of the US's total, or only equal to what the US invests in clean energy research."&lt;br /&gt;&lt;br /&gt;In clean technology research, Jiang said: "If we don't strive for radical efforts, we will still be left behind by the US, Europe and some other countries and regions."&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-5936763489759591509?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/5936763489759591509/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/carbon-tax-likely-expert-forecasts.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5936763489759591509'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5936763489759591509'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/carbon-tax-likely-expert-forecasts.html' title='Carbon tax likely, expert forecasts...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-1114594836410464509</id><published>2010-05-10T10:50:00.000-07:00</published><updated>2010-05-10T10:52:33.611-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='China&apos;s exports'/><category scheme='http://www.blogger.com/atom/ns#' term='trade deficit'/><category scheme='http://www.blogger.com/atom/ns#' term='GAC'/><title type='text'>China's April trade surplus dips...</title><content type='html'>&lt;p&gt;Picked this up from GCTL8.com's China Watch Blog that China posted a trade surplus of $1.68 billion in April, down 87% from  a year earlier.&lt;/p&gt;&lt;p&gt;The report quoted a Xinhua report, citing the General  Administration of Customs (GAC), as saying that China's exports in April totaled $119.92  billion, up 30.5% from a year ago and 6.3% from March. While imports  reached $118.24 billion, up 49.7% year-on-year.&lt;/p&gt; &lt;p&gt;Combining imports and exports, China's April external trade rose 39.4  percent year-on-year to $238.16 billion.&lt;/p&gt; &lt;p&gt;Taking the first four months together, China's January-April external  trade increased 42.7 percent from a year earlier to $855.99 billion.&lt;/p&gt; &lt;p&gt;From January to April, China's exports rose 29.2% year-on-year to  $436.05 billion while imports grew 60.1% to $419.94 billion, resulting  in a trade surplus of $16.11 billion in the first four months, sharply  down 78.6% from a year earlier.&lt;/p&gt; &lt;p&gt;According to the GAC figures for the January-April period, the  European Union remained China's largest trading partner, with China-EU  bilateral trade topping $137.77 billion, up 34.6% from the same period  last year.&lt;/p&gt; &lt;p&gt;January-April trade between China and the United States, the  country's second largest trading partner, increased 25 percent  year-on-year to $107.18 billion.&lt;/p&gt; &lt;p&gt;Japan outpaced the Association of Southeast Asian Nations (ASEAN) as  China's third largest trading partner in the first four months, revealed  the GAC statistics.&lt;/p&gt; &lt;p&gt;January-April trade between China and Japan gained 37.5% to $88.66  billion, up 34.6% from a year ago. In the first four months, China's  trade deficit with Japan more than doubled to $17.72 billion.&lt;/p&gt; &lt;p&gt;China also recorded a trade deficit of $5.87 billion with ASEAN from  January to April, compared with $830 million of trade surplus with ASEAN  in the same period last year.&lt;/p&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-1114594836410464509?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/1114594836410464509/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/chinas-april-trade-surplus-dips.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/1114594836410464509'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/1114594836410464509'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/chinas-april-trade-surplus-dips.html' title='China&apos;s April trade surplus dips...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-9043779464130388998</id><published>2010-05-09T01:30:00.001-07:00</published><updated>2010-05-09T01:31:34.178-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='consumer inflation'/><category scheme='http://www.blogger.com/atom/ns#' term='SIC'/><category scheme='http://www.blogger.com/atom/ns#' term='renminbi'/><category scheme='http://www.blogger.com/atom/ns#' term='yuan'/><title type='text'>Think tank urges widening of yuan band...</title><content type='html'>&lt;p&gt;China should widen the yuan's daily trading  transaction band and  return to the exchange rate mechanism that was in place before the  global financial crisis, the Business Post reported, citing a government  think tank's report.&lt;/p&gt; &lt;p&gt;We picked this report up from China Watch Blog, which said it learnt that Beijing allowed the yuan to gradually  rise 19% against the US dollar, after a 2.1% revaluation in July 2005,  before freezing it near 6.83 to the dollar in July 2008 to provide  stability during the worldwide credit crunch.&lt;/p&gt; &lt;p&gt;"In response to constantly growing pressure for renminbi (yuan)  appreciation, we  should consider appropriately expanding the  currency''s floating band," said the State Information Centre (SIC), a  research outfit under the National Development and Reform Commission,  the powerful economic planning agency.&lt;/p&gt; &lt;p&gt;The People's Bank of China now lets the yuan rise or fall by 0.5  percentage point a day against the US dollar from a midpoint it sets  each morning. In practice, the full width of the band has rarely been  used.&lt;/p&gt; &lt;p&gt;In a report published in the official China Securities Journal, the  SIC recommended that moves in the yuan should be gradual and  "controllable" - the long-standing formula used by mainland  policymakers.&lt;/p&gt; &lt;p&gt;"With expectations of yuan appreciation gradually building in the  international community, it would be better to time the widening of the  yuan's band before more hot money rushes into China," it said.&lt;/p&gt; &lt;p&gt;The think tank also said economic growth was likely to slow  moderately this quarter, while inflation would accelerate. Gross  domestic product growth from a year earlier would ease to 10.% form  11.9% in the first quarter, the SIC forecast.&lt;/p&gt; &lt;p&gt;Consumer inflation is expected to rise 4.2% in the first three  months, owing to rising import prices, a low base effect from 2009, and  the impact of bad weather. Private economists also expect inflation to  rise and growth to slow down this quarter.&lt;/p&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-9043779464130388998?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/9043779464130388998/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/think-tank-urges-widening-of-yuan-band.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/9043779464130388998'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/9043779464130388998'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/think-tank-urges-widening-of-yuan-band.html' title='Think tank urges widening of yuan band...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-4187032714031631361</id><published>2010-05-08T23:10:00.000-07:00</published><updated>2010-05-08T23:43:43.620-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='exporters'/><category scheme='http://www.blogger.com/atom/ns#' term='buyers'/><category scheme='http://www.blogger.com/atom/ns#' term='Canton Fair'/><category scheme='http://www.blogger.com/atom/ns#' term='retailers'/><title type='text'>Exporters, retailers struggle over biz...</title><content type='html'>The Chinese Ministry of Commerce's attempts to encourage struggling exporters to seal supply deals with local retailers as a way of offsetting a slump in overseas  shipments do not appear to be working, according to a Business Post report. The difficulties of selling products to local stores, intellectual property theft, unattractive payments terms and the small orders involved make the domestic market unattractive even for companies still riding out the economic slump. Exporters signed deals worth US$34.4b with overseas buyers during the spring session of the Canton Fair, which closed on May 5, 2010, up 12.6% from the trade fair's previous sessions six months ago. The volume of deals was reportedly 10.3% behind the pre-financial crisis level in early 2008, the Ministry of Commerce said. But it did not disclose figures on how much business the manufacturers had secured from domestic buyers. That was despite an announcement that 8,000 large and medium-sized supermarket chains will be purchasing from manufacturers at the twice-a-year event. It had said 70% of the exhibitors were interested in the trade-matching.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-4187032714031631361?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/4187032714031631361/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/exporters-retailers-struggle-over-biz.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/4187032714031631361'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/4187032714031631361'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/05/exporters-retailers-struggle-over-biz.html' title='Exporters, retailers struggle over biz...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-5614048654329806685</id><published>2010-04-05T14:33:00.000-07:00</published><updated>2010-04-05T14:49:27.376-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='mobile'/><category scheme='http://www.blogger.com/atom/ns#' term='index'/><category scheme='http://www.blogger.com/atom/ns#' term='internet'/><category scheme='http://www.blogger.com/atom/ns#' term='phone'/><title type='text'>China Practical Mobile Phone Economy Index</title><content type='html'>As a frequent visitor to China, yours truly would like to state that the country should consider having a practical way to measure the economy, like perhaps the number of mobile phones and house telephones.&lt;br /&gt;&lt;br /&gt;News of Future (www.newsoffuture.com ) published a news report citing  Chinese economist &lt;a target="_blank" href="http://www.chinadaily.com.cn/bizchina/2006-12/04/content_749312_2.htm"&gt;Lin  Yifu who estimates&lt;/a&gt; that there will 1 billion mobile phone users in China  by year 2020, up from 449 million users in October 2006.&lt;br /&gt;&lt;br /&gt;So, we think the mobile phone should be used as an index to measure the economic health of the country. By doing so, all countries in the world can similarly use this same index, which we propose to call China Practical Mobile Phone Economy Index. Below is the report:&lt;br /&gt;&lt;h3 class="entry-header"&gt;1 Billion Mobile Phone Users in China&lt;/h3&gt;                                                     &lt;div class="entry-body"&gt;                               &lt;img src="http://p10.hostingprod.com/@newsoffuture.com/blog-mt/images/chinesemobile_small.jpg" alt="730 Million Mobile Phone Users in China" title="730 Million Mobile  Phone Users in China" align="left" border="1" height="80" hspace="5" vspace="5" width="100" /&gt;January 5, 2020 - China will this month reach the  1 billion mark for mobile phone users, three times as many as 15 years  ago. The market for mobile phones in China is bigger than Europe, US and  Japan combined and about 80% of the Chinese population now has a mobile  phone.                            &lt;/div&gt;                                                           &lt;p&gt;The worldwide use of mobile phones will  most likely reach another significant mark later this year, when  passing 5 billion mobile phone users, about 65% of the world’s  population.&lt;/p&gt;&lt;p&gt;India is still the country adding most users in the  world each month and will most likely pass China in total number of  mobile phone users within the next 10 years, from their current 910  million.&lt;/p&gt;&lt;p&gt;China also has the most Internet users in the world, 400  million, and their impact on the Internet has been noticed significantly  over the last years. One reason for this, a part from the number of  users is the number of English-speaking Chinese, which has increased to  almost match the native English speakers in the world.&lt;/p&gt;&lt;p&gt; &lt;/p&gt;&lt;strong&gt;&lt;/strong&gt;&lt;a target="_blank" href="http://www.chinadaily.com.cn/bizchina/2006-12/04/content_749312_2.htm"&gt;&lt;br /&gt;&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-5614048654329806685?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/5614048654329806685/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/china-practical-mobile-phone-economy.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5614048654329806685'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5614048654329806685'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/china-practical-mobile-phone-economy.html' title='China Practical Mobile Phone Economy Index'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-126244811193475250</id><published>2010-04-05T14:31:00.000-07:00</published><updated>2010-04-05T14:32:46.160-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='censorship'/><category scheme='http://www.blogger.com/atom/ns#' term='reform'/><category scheme='http://www.blogger.com/atom/ns#' term='BCA v Singh'/><category scheme='http://www.blogger.com/atom/ns#' term='campaign'/><category scheme='http://www.blogger.com/atom/ns#' term='libel'/><title type='text'>Censorship Index update</title><content type='html'>&lt;p&gt; Simon Singh today won a crucial ruling on meaning and  fair comment at the Royal Courts of Justice. Simon Singh has spent two  years  and £200,000 on this case in defending himself.  The pre-trial appeal  ruling on meaning in the case of BCA v Singh was presided over by the  Lord  Chief Justice, Lord Judge, Master of the Rolls, Lord Neuberger, and Lord   Justice Sedley — one of the most high-powered panels of judges ever to  preside on a single case.&lt;/p&gt;  &lt;p&gt;Singh is being sued for defamation by the British Chiropractic  Association’s (BCA) for comments in a 2008 article for the Guardian  newspaper in which he criticised chiropractic and claimed the BCA  promoted  “bogus” treatments, DESPITE THERE not being “a jot” of evidence of  their effectiveness. In May 2009 the High Court gave a negative ruling  on the  meaning of Singh’s article, when Mr Justice Eady ruled that the author’s   use of the word “bogus” implied that the BCA deliberately endorsed  treatments they knew to be questionable.&lt;/p&gt;  &lt;p&gt;The judges today rejected Eady’s interpretation and voiced concern  that  the case ‘has almost certainly had a chilling effect on public debate  which  might otherwise have assisted potential patients to make informed  choices  about the possible use of chiropractic.’&lt;/p&gt;  &lt;p&gt;In a ruling of immense significance that will free scientific debate  from  the chill of libel action, they recommended that scientific  controversies  should be settled by methods of science rather than legal action and  recommended that the defence ‘fair comment’ be replaced with ‘honest  opinion’, as a more robust defence to the right to free expression.&lt;/p&gt;  &lt;p&gt;&lt;strong&gt;&lt;em&gt;‘If the BCA continues in its pursuit of suing Simon  Singh after such a damning judgment,’ &lt;/em&gt;said Jo Glanville, Index on  Censorship. ‘&lt;em&gt;It may soon be in need of chiropractic treatment  itself.  The ruling today is a significant victory for the defence of freedom of  speech. It’s essential that scientists and academics are allowed to  criticise and question treatments, medical practice and research – and  today goes a significant way towards lifting the chill on freedom of  expression.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;  &lt;p&gt;The Libel Reform Campaign is calling for a Libel Reform Act, for  further  information go to www.libelreform.org&lt;/p&gt;  &lt;p&gt;&lt;strong&gt;For further comment contact&lt;br /&gt;Jo Glanville, Editor, Index on Censorship jo@indexoncensorship.org +44  (0) 20  7324 2531&lt;br /&gt;Padraig Reidy, News editor, Index on Censorship,  padraig@indexoncensorship.org &lt;strong&gt; +44 (0) 20 7324  2526&lt;/strong&gt;&lt;/strong&gt;&lt;/p&gt;    &lt;p&gt;The Libel Reform Campaign is a coalition of English PEN, Index on  Censorship and Sense About Science. The campaign has over 44,500  signatories  to its petition to reform England’s libel laws and for a Libel Reform  Bill  in the next parliament. &lt;/p&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-126244811193475250?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/126244811193475250/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/censorship-index-update.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/126244811193475250'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/126244811193475250'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/censorship-index-update.html' title='Censorship Index update'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-5919205643624832958</id><published>2010-04-05T05:31:00.000-07:00</published><updated>2010-04-05T05:36:46.460-07:00</updated><title type='text'>I Love You in 100 Languages</title><content type='html'>Got this in my email. Thought I will share it with you:&lt;br /&gt;&lt;br /&gt;How to say I Love You in 100 Languages&lt;br /&gt;&lt;br /&gt;English - I love you&lt;br /&gt;Afrikaans - Ek het jou lief&lt;br /&gt;Albanian - Te dua&lt;br /&gt;Arabic - Ana behibak (to male)&lt;br /&gt;Arabic - Ana behibek (to female)&lt;br /&gt;Armenian - Yes kez sirumem&lt;br /&gt;Bambara - M'bi fe&lt;br /&gt;Bengali - Ami tomake bhalobashi (pronounced: Amee toe-ma-kee bhalo-bashee)&lt;br /&gt;Belarusian - Ya tabe kahayu&lt;br /&gt;Bisaya - Nahigugma ako kanimo&lt;br /&gt;Bulgarian - Obicham te&lt;br /&gt;Cambodian - Soro lahn nhee ah&lt;br /&gt;Catalan - T'estimo&lt;br /&gt;Cherokee - Tsi ge yu i&lt;br /&gt;Cheyenne - Ne mohotatse&lt;br /&gt;Chichewa - Ndimakukonda&lt;br /&gt;Chinese&lt;br /&gt;Cantonese - Ngo oiy ney a&lt;br /&gt;Mandarin - Wo ai ni&lt;br /&gt;Comanche - U kamakutu nu&lt;br /&gt;(pronounced oo----ka-ma- koo-too-- ---nu) -- Thx Tony&lt;br /&gt;Corsican - Ti tengu caru (to male)&lt;br /&gt;Cree - Kisakihitin&lt;br /&gt;Creol - Mi aime jou&lt;br /&gt;Croatian - Volim te&lt;br /&gt;Czech - Miluji te&lt;br /&gt;Danish - Jeg Elsker Dig&lt;br /&gt;Dutch - Ik hou van jou&lt;br /&gt;Elvish - Amin mela lle (from The Lord of The Rings, by J.R.R. Tolkien)&lt;br /&gt;Esperanto - Mi amas vin&lt;br /&gt;Estonian - Ma armastan sind&lt;br /&gt;Ethiopian - Afgreki'&lt;br /&gt;Faroese - Eg elski teg&lt;br /&gt;Farsi - Doset daram&lt;br /&gt;Filipino - Mahal kita&lt;br /&gt;Finnish - Mina rakastan sinua&lt;br /&gt;French - Je t'aime, Je t'adore&lt;br /&gt;Frisian - Ik hald fan dy&lt;br /&gt;Gaelic - Ta gra agam ort&lt;br /&gt;Georgian - Mikvarhar&lt;br /&gt;German - Ich liebe dich&lt;br /&gt;Greek - S'agapo&lt;br /&gt;Gujarati - Hoo thunay prem karoo choo&lt;br /&gt;Hiligaynon - Palangga ko ikaw&lt;br /&gt;Hawaiian - Aloha Au Ia`oe&lt;br /&gt;Hebrew&lt;br /&gt;To female - "ani ohev otach" (said by male) "ohevet Otach" (said by female)&lt;br /&gt;To male - "ani ohev otcha" (said by male) "Ohevet ot'cha" (said by female)&lt;br /&gt;Hiligaynon - Guina higugma ko ikaw&lt;br /&gt;Hindi - Hum Tumhe Pyar Karte hae&lt;br /&gt;Hmong - Kuv hlub koj&lt;br /&gt;Hopi - Nu' umi unangwa'ta&lt;br /&gt;Hungarian - Szeretlek&lt;br /&gt;Icelandic - Eg elska tig&lt;br /&gt;Ilonggo - Palangga ko ikaw&lt;br /&gt;Indonesian - Saya cinta padamu&lt;br /&gt;Inuit - Negligevapse&lt;br /&gt;Irish - Taim i' ngra leat&lt;br /&gt;Italian - Ti amo&lt;br /&gt;Japanese - Aishiteru or Anata ga daisuki desu&lt;br /&gt;Kannada - Naanu ninna preetisuttene&lt;br /&gt;Kapampangan - Kaluguran daka&lt;br /&gt;Kiswahili - Nakupenda&lt;br /&gt;Konkani - Tu magel moga cho&lt;br /&gt;Korean - Sarang Heyo or Nanun tangshinul sarang hamnida&lt;br /&gt;Latin - Te amo&lt;br /&gt;Latvian - Es tevi miilu&lt;br /&gt;Lebanese - Bahibak&lt;br /&gt;Lithuanian - Tave myliu&lt;br /&gt;Luxembourgeois - Ech hun dech gaer&lt;br /&gt;Macedonian - Te Sakam&lt;br /&gt;Malay - Saya cintakan mu / Aku cinta padamu&lt;br /&gt;Malayalam - Njan Ninne Premikunnu&lt;br /&gt;Maltese - Inhobbok&lt;br /&gt;Marathi - Me tula prem karto&lt;br /&gt;Mohawk - Kanbhik&lt;br /&gt;Moroccan - Ana moajaba bik&lt;br /&gt;Nahuatl - Ni mits neki&lt;br /&gt;Navaho - Ayor anosh'ni&lt;br /&gt;Ndebele - Niyakutanda&lt;br /&gt;Norwegian&lt;br /&gt;Bokmaal - Jeg elsker deg&lt;br /&gt;Nyonrsk - Eg elskar deg&lt;br /&gt;Pandacan - Syota na kita!!&lt;br /&gt;Pangasinan - Inaru Taka&lt;br /&gt;Papiamento - Mi ta stimabo&lt;br /&gt;Persian - Doo-set daaram&lt;br /&gt;Pig Latin - Iay ovlay ouyay&lt;br /&gt;Polish - Kocham Ciebie&lt;br /&gt;Portuguese - Eu te amo&lt;br /&gt;Romanian - Te iubesc&lt;br /&gt;Russian - Ya tebya liubliu&lt;br /&gt;Scot Gaelic - Tha gra\dh agam ort&lt;br /&gt;Serbian - Volim te&lt;br /&gt;Setswana - Ke a go rata&lt;br /&gt;Sign Language - ,\,,/ (represents position of fingers when signing 'I Love You')&lt;br /&gt;Sindhi - Maa tokhe pyar kendo ahyan&lt;br /&gt;Sioux - Techihhila&lt;br /&gt;Slovak - Lu`bim ta&lt;br /&gt;Slovenian - Ljubim te&lt;br /&gt;Spanish - Te quiero / Te amo&lt;br /&gt;Swahili - Ninapenda wewe&lt;br /&gt;Swedish - Jag alskar dig&lt;br /&gt;Swiss-German - Ich lieb Di&lt;br /&gt;Surinam - Mi lobi joe&lt;br /&gt;Tagalog - Mahal kita&lt;br /&gt;Taiwanese - Wa ga ei li&lt;br /&gt;Tahitian - Ua Here Vau Ia Oe&lt;br /&gt;Tamil - Nan unnai kathalikaraen&lt;br /&gt;Telugu - Nenu ninnu premistunnanu&lt;br /&gt;Thai&lt;br /&gt;To female - Phom rak khun&lt;br /&gt;To male - Chan rak khun&lt;br /&gt;Informal - Rak te&lt;br /&gt;Tunisian - Ha eh bak&lt;br /&gt;Turkish - Seni Seviyorum&lt;br /&gt;Ukrainian - Ya tebe kahayu&lt;br /&gt;Urdu - mai aap say pyaar karta hoo&lt;br /&gt;Vietnamese&lt;br /&gt;To female - Anh ye^u em&lt;br /&gt;To male - Em ye^u anh&lt;br /&gt;Welsh - 'Rwy'n dy garu di&lt;br /&gt;Yiddish - Ikh hob dikh&lt;br /&gt;Yoruba - Mo ni fe&lt;br /&gt;Zazi - Ezhele hezdege&lt;br /&gt;Zuni - Tom ho' ichema&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-5919205643624832958?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/5919205643624832958/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/i-love-you-in-100-languages.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5919205643624832958'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/5919205643624832958'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/i-love-you-in-100-languages.html' title='I Love You in 100 Languages'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-1141251114859740753</id><published>2010-04-05T04:52:00.001-07:00</published><updated>2010-04-05T04:52:48.213-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='man'/><category scheme='http://www.blogger.com/atom/ns#' term='nothing'/><category scheme='http://www.blogger.com/atom/ns#' term='punctuation'/><category scheme='http://www.blogger.com/atom/ns#' term='woman'/><category scheme='http://www.blogger.com/atom/ns#' term='correctly'/><title type='text'>Woman and Man's relationship</title><content type='html'>Got this from a blogger, an interesting lesson.........&lt;br /&gt;&lt;br /&gt;An English professor wrote the words:&lt;br /&gt;&lt;br /&gt;“A woman without her man is nothing”&lt;br /&gt;&lt;br /&gt;On the chalkboard and asked the students to punctuate it correctly.&lt;br /&gt;&lt;br /&gt;The males in the class wrote:&lt;br /&gt;“A woman, without her man, is nothing.”&lt;br /&gt;&lt;br /&gt;The females in the class wrote:&lt;br /&gt;“A woman, without her, man is nothing.”&lt;br /&gt;&lt;br /&gt;**********************************************&lt;br /&gt;Moral of the Lesson: Punctuation is powerful.&lt;br /&gt;&lt;br /&gt;**********************************************&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-1141251114859740753?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/1141251114859740753/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/woman-and-mans-relationship.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/1141251114859740753'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/1141251114859740753'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/woman-and-mans-relationship.html' title='Woman and Man&apos;s relationship'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3680987051951056661.post-7391726569480866679</id><published>2010-04-05T04:26:00.000-07:00</published><updated>2010-04-05T04:53:28.137-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='machine'/><category scheme='http://www.blogger.com/atom/ns#' term='bean'/><category scheme='http://www.blogger.com/atom/ns#' term='shanghai'/><category scheme='http://www.blogger.com/atom/ns#' term='fake'/><category scheme='http://www.blogger.com/atom/ns#' term='expectations'/><category scheme='http://www.blogger.com/atom/ns#' term='soya'/><category scheme='http://www.blogger.com/atom/ns#' term='goods'/><title type='text'>Beware of buying things from Internet...</title><content type='html'>My friend in Shanghai bought a machine for making soya bean drinks, and much to her chagrin, she found that it was a fake. I had warned her several times about this, but she feels it is a bargain and continues to purchase from the Internet. However, from time to time, goods that arrive, are either defective or at least not up to her expectations. But to be fair, there are other companies which keep to their word, and deliver what they advertise. But then, the number of stories we hear about fake goods and defective goods that are sold over the Internet are far too many for us to ignore. Fake goods made by the Chinese are far too many to ignore. For example, if people can go to the extent of making artificial chicken eggs, then what other fake goods will they not make. Something has to be done to put a stop to this.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3680987051951056661-7391726569480866679?l=chinaall-dayeconomywatch.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://chinaall-dayeconomywatch.blogspot.com/feeds/7391726569480866679/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/beware-of-buying-things-from-internet.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/7391726569480866679'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3680987051951056661/posts/default/7391726569480866679'/><link rel='alternate' type='text/html' href='http://chinaall-dayeconomywatch.blogspot.com/2010/04/beware-of-buying-things-from-internet.html' title='Beware of buying things from Internet...'/><author><name>China Logistics Economy Watch</name><uri>http://www.blogger.com/profile/03799731420582089002</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry></feed>
