Other China News http://www.mguk.org/other-china-news-f24/-t1.htm Thu, 08 Jul 2010 16:52:30 GMT 10 Other China News http://illiweb.com/fa/empty.gif http://www.mguk.org/other-china-news-f24/-t1.htm China braced for 30% drop in property prices http://www.mguk.org/other-china-news-f24/china-braced-for-30-drop-in-property-prices-t326.htm patpending http://www.telegraph.co.uk/finance/china-business/7875713/Chinas-property-market-braced-for-30pc-drop.html

China views soaring house prices as a threat to social stability, since workers are shut out of the market. The price-to-earnings ratio is 13 in Beijing and Shanghai, four times Western levels.
]]> Other China News Thu, 08 Jul 2010 16:52:30 GMT http://www.mguk.org/other-china-news-f24/china-braced-for-30-drop-in-property-prices-t326.htm#2636 http://www.mguk.org/other-china-news-f24/china-braced-for-30-drop-in-property-prices-t326.htm "Breaking down the Wall" - Europeans and Chinese together on a team-building course http://www.mguk.org/other-china-news-f24/breaking-down-the-wall-europeans-and-chinese-together-on-a-team-building-course-t308.htm patpending http://www.telegraph.co.uk/finance/china-business/7756538/Breaking-down-the-wall-with-China.html By the end of the allotted time China and Europe are working brilliantly together, but the opening exchanges, everyone agrees, are a salutary illustration of the kind of "dialogue of the deaf" that often afflicts the Western interactions with China. "I was quite uncomfortable with the way some of the Europeans were behaving," reflected Darren Steele, a 34-year-old IT engineer ... Other China News Mon, 24 May 2010 15:21:30 GMT http://www.mguk.org/other-china-news-f24/breaking-down-the-wall-europeans-and-chinese-together-on-a-team-building-course-t308.htm#2537 http://www.mguk.org/other-china-news-f24/breaking-down-the-wall-europeans-and-chinese-together-on-a-team-building-course-t308.htm Shanghai Expo - "A worthy symbol of today's China" http://www.mguk.org/other-china-news-f24/shanghai-expo-a-worthy-symbol-of-today-s-china-t299.htm patpending http://www.telegraph.co.uk/news/worldnews/asia/china/7653619/The-Shanghai-Expo-is-a-worthy-symbol-of-todays-China.html Eight years of hard work have transformed the Expo site along the Huangpu River into a dazzling display of what is best in the architecture, art, science and technology of the world's nations. Two million young people have come forward to act as volunteers, and many are opening their homes to foreign guests so they can understand the lives and thinking of ordinary Chinese ... Other China News Fri, 30 Apr 2010 15:53:43 GMT http://www.mguk.org/other-china-news-f24/shanghai-expo-a-worthy-symbol-of-today-s-china-t299.htm#2492 http://www.mguk.org/other-china-news-f24/shanghai-expo-a-worthy-symbol-of-today-s-china-t299.htm Shanghai Volkswagen, Nanjing base will get new high-class cars http://www.mguk.org/other-china-news-f24/shanghai-volkswagen-nanjing-base-will-get-new-high-class-cars-t277.htm Windy Shanghai Volkswagen, Nanjing base will get new high-class cars Nanjing News newspaper reporter learned from the SAIC in addition to their own brands, the SAIC and Nanjing Auto, Nanjing Shanghai Volkswagen has branch development strategy, products and investment plans agreed, the next step will be increased investment, the scale will exceed 3.0 billion put into a new high-class cars. Shanghai Volkswagen, Nanjing branch from March 2008 onwards, plant transformation, production preparation ... Other China News Thu, 25 Mar 2010 12:16:17 GMT http://www.mguk.org/other-china-news-f24/shanghai-volkswagen-nanjing-base-will-get-new-high-class-cars-t277.htm#2358 http://www.mguk.org/other-china-news-f24/shanghai-volkswagen-nanjing-base-will-get-new-high-class-cars-t277.htm Auto, Motor + Sport in Shanghai http://www.mguk.org/other-china-news-f24/auto-motor-sport-in-shanghai-t249.htm patpending A reporter from German car magazine auto, motor + sport recently went to Shanghai in advance of the 2010 Expo. The article informs us more about the prejudices of a modern German car journalist than it does about the city. Here are the main points: There is a (German-designed) Transrapid maglev from Pudong airport to the main railway station It is very, very difficult to get a taxi at the station. There are 45,000 taxi drivers. Two share a taxi (typically a green Santana) for 12 ... Other China News Tue, 26 Jan 2010 23:22:13 GMT http://www.mguk.org/other-china-news-f24/auto-motor-sport-in-shanghai-t249.htm#2098 http://www.mguk.org/other-china-news-f24/auto-motor-sport-in-shanghai-t249.htm Beiqi takes over Saab models but Saab to close? http://www.mguk.org/other-china-news-f24/beiqi-takes-over-saab-models-but-saab-to-close-t236.htm Windy At last, I guess MG has gained a competitor: Beiqi: He finally grabbed the Saab Although the meeting failed to complete the acquisition of Saab Beiqi feat, but the birth of their own, paving the way models. Beijing Automotive (Beijing Automotive Industry Holding Co., Ltd.) has finally moved by the tireless General Motors Corporation and Swedes. "the press release said that Beijing Automotive Holdings has completed the Swedish company Saab Automobile related to the acquisition ... Other China News Thu, 17 Dec 2009 08:51:06 GMT http://www.mguk.org/other-china-news-f24/beiqi-takes-over-saab-models-but-saab-to-close-t236.htm#1964 http://www.mguk.org/other-china-news-f24/beiqi-takes-over-saab-models-but-saab-to-close-t236.htm Carbon emissions: China and coal http://www.mguk.org/other-china-news-f24/carbon-emissions-china-and-coal-t234.htm patpending Interestingly, it sounds as though China is acting as a leader of the African nations at Copenhagen... Meanwhile, two reports about energy / coal use in China: http://www.telegraph.co.uk/earth/copenhagen-climate-change-confe/6807678/Copenhagen-climate-summit-Can-China-get-by-without-coal.html Copenhagen climate summit: Can China get by without coal? One of the world's biggest polluters is starting to clean up its act. Malcolm Moore reports on a green revolution. http://news.bbc.co.uk/1/hi/world/asia-pacific/8411768.stm (interesting ... Other China News Mon, 14 Dec 2009 23:31:28 GMT http://www.mguk.org/other-china-news-f24/carbon-emissions-china-and-coal-t234.htm#1949 http://www.mguk.org/other-china-news-f24/carbon-emissions-china-and-coal-t234.htm Geely "preferred bidder for Volvo" http://www.mguk.org/other-china-news-f24/geely-preferred-bidder-for-volvo-t209.htm patpending http://www.financialpost.com/story.html?id=2154158Ford Motor Co. said Wednesday it picked Zhejiang Geely Holding Group Co. Ltd.'s as its preferred bidder to buy its Volvo unit. Terms of Geely's bid were not disclosed but estimates for a transaction price are in the US$2-billion range. "Ford believes Geely has the potential to be a responsible future owner of Volvo and to take the business forward while preserving its core values and the independence of the Swedish brand," ... Other China News Thu, 29 Oct 2009 16:33:55 GMT http://www.mguk.org/other-china-news-f24/geely-preferred-bidder-for-volvo-t209.htm#1627 http://www.mguk.org/other-china-news-f24/geely-preferred-bidder-for-volvo-t209.htm Geely boss Li Shufu "one of five most important men for car industry" = Daily Telegraph http://www.mguk.org/other-china-news-f24/geely-boss-li-shufu-one-of-five-most-important-men-for-car-industry-daily-telegraph-t208.htm patpending Along with : Akio Toyoda - "Young Mr. Toyota" Barack Obama Sergio Marchionne - FIAT boss Alan Mulally - Ford boss Li Shufu The chairman and founder of China’s biggest privately owned car firm is the self-styled Henry Ford of China. Geely, alongside car makers such as Shanghai Automotive Industry Corporation and Beijing Automotive Import & Export Corporation, is leading the rise of the BRIC (Brazil, Russia, India and China) nations in the sector. ... Other China News Thu, 29 Oct 2009 16:25:03 GMT http://www.mguk.org/other-china-news-f24/geely-boss-li-shufu-one-of-five-most-important-men-for-car-industry-daily-telegraph-t208.htm#1626 http://www.mguk.org/other-china-news-f24/geely-boss-li-shufu-one-of-five-most-important-men-for-car-industry-daily-telegraph-t208.htm "Shanghai Police have bullet-proof vests made of woven panda fur" panda lie book http://www.mguk.org/other-china-news-f24/shanghai-police-have-bullet-proof-vests-made-of-woven-panda-fur-panda-lie-book-t196.htm patpending
Shaving a panda, and weaving the fabric, turns it bullet-proof and Shanghai police have been wearing these fur jackets for 20 years


David O’Doherty, "100 facts about Pandas".

http://www.rbooks.co.uk/product.aspx?id=0224086324
I just heard him say that, and believed him. ]]> Other China News Sat, 10 Oct 2009 16:21:20 GMT http://www.mguk.org/other-china-news-f24/shanghai-police-have-bullet-proof-vests-made-of-woven-panda-fur-panda-lie-book-t196.htm#1558 http://www.mguk.org/other-china-news-f24/shanghai-police-have-bullet-proof-vests-made-of-woven-panda-fur-panda-lie-book-t196.htm SAIC may help Volkswagen buy Ssangyong Motor http://www.mguk.org/other-china-news-f24/saic-may-help-volkswagen-buy-ssangyong-motor-t185.htm Windy This would make a lot of sense and protect their investment in the Roewe SUV and Roewe 950... SAIC may help Volkswagen buy Ssangyong Motor Volkswagen AG is planning to acquire the cash-strapped South Korean automaker Ssangyong Motor, with the help of its Chinese partner SAIC Motor, SinoCast reported today. SAIC, the former majority shareholder of Ssangyong Motor, has cooperated with Volkswagen for more than 20 years through the joint venture Shanghai VW, so the Chinese company expects ... Other China News Wed, 30 Sep 2009 16:35:18 GMT http://www.mguk.org/other-china-news-f24/saic-may-help-volkswagen-buy-ssangyong-motor-t185.htm#1527 http://www.mguk.org/other-china-news-f24/saic-may-help-volkswagen-buy-ssangyong-motor-t185.htm China's Economy "a gigantic Ponzi bubble"... http://www.mguk.org/other-china-news-f24/china-s-economy-a-gigantic-ponzi-bubble-t166.htm patpending Daily Telegraph Andy Xie, a leading consultant, said China's boom was a "giant Ponzi scheme" that was likely to "bring very bad consequences" for the country. "The stock market is in a final frenzy again. The most ignorant retail investors are being sucked in by rising momentum," he said. Equities are overvalued by 50pc to 100pc. Mr Xie, who wrote his doctoral thesis on Japan's bubble in the 1980s, said China's ratio of property ... Other China News Wed, 12 Aug 2009 15:58:29 GMT http://www.mguk.org/other-china-news-f24/china-s-economy-a-gigantic-ponzi-bubble-t166.htm#1360 http://www.mguk.org/other-china-news-f24/china-s-economy-a-gigantic-ponzi-bubble-t166.htm Two Children Per Family Now Urged in Shanghai http://www.mguk.org/other-china-news-f24/two-children-per-family-now-urged-in-shanghai-t148.htm patpending Daily Telegraph This is a change from the "one child per family" policy. "We advocate eligible couples to have two kids because it can help reduce the proportion of ageing people and alleviate a workforce shortage in the future," said Xie Lingli, the head of Shanghai's Family Planning commission, to the China Daily newspaper. So this is a combination of "family" and "five year planning"... Other China News Sat, 25 Jul 2009 10:17:41 GMT http://www.mguk.org/other-china-news-f24/two-children-per-family-now-urged-in-shanghai-t148.htm#1226 http://www.mguk.org/other-china-news-f24/two-children-per-family-now-urged-in-shanghai-t148.htm "China's Banks are an accident waiting to happen" - Daily Telegraph http://www.mguk.org/other-china-news-f24/china-s-banks-are-an-accident-waiting-to-happen-daily-telegraph-t138.htm patpending China's banks are veering out of control. The half-reformed economy of the People's Republic cannot absorb the $1,000bn (£600bn) blitz of new lending issued since December. Money is leaking instead into Shanghai's stock casino, or being used to keep bankrupt builders on life support. It is doing very little to help lift the world economy out of slump... Full article Other China News Tue, 30 Jun 2009 12:00:48 GMT http://www.mguk.org/other-china-news-f24/china-s-banks-are-an-accident-waiting-to-happen-daily-telegraph-t138.htm#1161 http://www.mguk.org/other-china-news-f24/china-s-banks-are-an-accident-waiting-to-happen-daily-telegraph-t138.htm Rio Tinto: "China has closed half its iron ore mines" http://www.mguk.org/other-china-news-f24/rio-tinto-china-has-closed-half-its-iron-ore-mines-t125.htm patpending So steel to make MGs will be cheaper? SOURCE Daily Telegraph...China has closed half its iron ore mines, says Rio Tinto China may have closed down half of its iron ore mines since prices collapsed, according to Anthony Loo, Rio Tinto's managing director for China. By Garry White Last Updated: 3:47PM BST 18 May 2009 Speaking at an economic conference in Hong Kong, Mr Loo said that China's stimulus plan "remains the big driver for demand for steel" ... Other China News Thu, 21 May 2009 09:26:24 GMT http://www.mguk.org/other-china-news-f24/rio-tinto-china-has-closed-half-its-iron-ore-mines-t125.htm#1058 http://www.mguk.org/other-china-news-f24/rio-tinto-china-has-closed-half-its-iron-ore-mines-t125.htm China's Third Month of Deflation as Pork Prices Catch Cold http://www.mguk.org/other-china-news-f24/china-s-third-month-of-deflation-as-pork-prices-catch-cold-t121.htm patpending Source: DAILY TELEGRAPH China suffers deflation for third month in a row China's inflation rate fell for the third month in a row in April as prices for foods and energy plunged from high levels the year before. AP Last Updated: 8:11AM BST 11 May 2009 The consumer price index, which is heavily weighted toward food items, fell 1.5pc in April from a year earlier after declining 1.2pc in March and 1.6pc in February, the National Statistics Bureau reported on Monday. ... Other China News Tue, 12 May 2009 20:02:30 GMT http://www.mguk.org/other-china-news-f24/china-s-third-month-of-deflation-as-pork-prices-catch-cold-t121.htm#1032 http://www.mguk.org/other-china-news-f24/china-s-third-month-of-deflation-as-pork-prices-catch-cold-t121.htm MG Designer Peter Stevens on future of China’s EV industry http://www.mguk.org/other-china-news-f24/mg-designer-peter-stevens-on-future-of-chinas-ev-industry-t122.htm Windy Copied from the Green China Car Times Information: Peter Stevens was product design director for the MG Rover Group. Designer Peter Stevens on future of China’s EV industry Posted by petecarter May 12, 2009 Peter Stevens says China has the potential to become the world’s largest producer of electric cars in the near future. Take that Frost & Sullivan! Full article from China Daily: The UK’s top car designer, Peter Stevens, sees China’s future ... Other China News Wed, 13 May 2009 12:00:45 GMT http://www.mguk.org/other-china-news-f24/mg-designer-peter-stevens-on-future-of-chinas-ev-industry-t122.htm#1037 http://www.mguk.org/other-china-news-f24/mg-designer-peter-stevens-on-future-of-chinas-ev-industry-t122.htm China Steel Exports Row http://www.mguk.org/other-china-news-f24/china-steel-exports-row-t97.htm patpending SOURCE: Daily Telegraph China-EU Steel Exports Row ..."While steel production is declining all over the world to reduce over-capacity, it is still going up in China. This puts pressure on world markets," he said. The EU steel industry employs 440,000 workers. China's steel exports to the EU were 1.6m tonnes in 2005, 5.6m in 2006, 11.5m in 2007 and almost certainly higher in 2008. China cut output late last year as steel prices collapsed, but the EU authorities ... Other China News Fri, 10 Apr 2009 07:43:57 GMT http://www.mguk.org/other-china-news-f24/china-steel-exports-row-t97.htm#602 http://www.mguk.org/other-china-news-f24/china-steel-exports-row-t97.htm China's must-have item - Golden Bulls... http://www.mguk.org/other-china-news-f24/china-s-must-have-item-golden-bulls-t67.htm patpending I have found a summary of Chinese news from the Daily Telegraph here: http://www.telegraph.co.uk/news/worldnews/asia/ including this: http://www.telegraph.co.uk/finance/financetopics/recession/china-economic-slowdown/4862739/Postcards-from-the-Edge-China-turns-to-gold-in-hard-times.html Postcards from the Edge: China turns to gold in hard times The world's shops may be empty and consumers nursing their savings at home but one product in China is bucking the ... Other China News Mon, 02 Mar 2009 20:23:29 GMT http://www.mguk.org/other-china-news-f24/china-s-must-have-item-golden-bulls-t67.htm#318 http://www.mguk.org/other-china-news-f24/china-s-must-have-item-golden-bulls-t67.htm Jaguar Land Rover order for 13,000 British-made cars for export to China http://www.mguk.org/other-china-news-f24/jaguar-land-rover-order-for-13000-british-made-cars-for-export-to-china-t63.htm patpending http://newsvote.bbc.co.uk/1/hi/business/7915443.stm Jaguar seals 'significant' order Jaguar Land Rover has announced a deal to supply a Chinese company with 13,000 vehicles, providing a dose of good news for the beleaguered UK car industry. Jaguar said it was "a very significant" order, and was particularly welcome at "this challenging time". The order, for both Land Rover and Jaguar cars, comes as many carmakers have cut jobs after falling ... Other China News Sat, 28 Feb 2009 20:39:50 GMT http://www.mguk.org/other-china-news-f24/jaguar-land-rover-order-for-13000-british-made-cars-for-export-to-china-t63.htm#298 http://www.mguk.org/other-china-news-f24/jaguar-land-rover-order-for-13000-british-made-cars-for-export-to-china-t63.htm Chinese Economic News - Sparks of Revival amid the collapse of a Yangtse Delta Steel Town http://www.mguk.org/other-china-news-f24/chinese-economic-news-sparks-of-revival-amid-the-collapse-of-a-yangtse-delta-steel-town-t32.htm patpending SOURCE: Daily Telegraph http://www.telegraph.co.uk/finance/financetopics/recession/china-economic-slowdown/4580380/Chinese-economy-Sparks-of-revival-amid-the-collapse-of-a-Chinese-steel-town.html ..."Before last August, we were shipping between $30m and $40m of steel a year to Europe," said Xi Dongqing, the general manager of Jiangyin Hetai Industrial, a major steelmaker in the heart of China's factory belt. "Now we only have one-tenth of the exports we ... Other China News Wed, 11 Feb 2009 12:20:03 GMT http://www.mguk.org/other-china-news-f24/chinese-economic-news-sparks-of-revival-amid-the-collapse-of-a-yangtse-delta-steel-town-t32.htm#76 http://www.mguk.org/other-china-news-f24/chinese-economic-news-sparks-of-revival-amid-the-collapse-of-a-yangtse-delta-steel-town-t32.htm