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Results tagged “stimuluspackage”
Today's Links: Goodbye <em>China Soccer</em>, the cons of the canals, and "re-educating" monks

Today's Links: Goodbye China Soccer, the cons of the canals, and "re-educating" monks

  • After 15 years, China Soccer Ceases Publishing [China Sports Review] "To adapt a new economic climate, we are to restructure our product. During the restructuring, China Soccer will temporarily cease publishing from March 10. Thank you, our readers, for your support all these years and being along with us."
  • NBA May Benefit as China Boosts Sports Arena Plans [Bloomberg] "China’s 4 trillion yuan ($585 billion) of extra spending, announced in November, includes boosts for cultural and sports- related infrastructure. That’s prompting local governments to sound out the NBA about managing future stadiums, said Tim Chen, NBA China’s chief executive officer."
  • China to Overcome Global Recession First, Rogers Says [Bloomberg] "China’s reserves allow the government to spend on projects that will make the nation more efficient and competitive as the global economy recovers, said Rogers, the author of 'A Bull in China: Investing Profitably in the World’s Greatest Market.' Signs China is taking steps to liberalize its currency will also benefit the country, he added."
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China's stimulus plan in pie chart form

China's stimulus plan in pie chart form

Curious about what the Chinese stimulus plan looks like? Caijing Magazine has put together an interesting pie chart based on the recent “rebalancing” by the National People's Congress. Some of the biggest changes: a massive injection into sci-tech and social welfare, and surprisingly less towards rural civilian projects, considering how much publicity talks of “helping the rural areas” have been getting. more ›

Today's Links: Shanghai-Hangzhou railway construction starts, fast food hits a wall, but stimulus to be supersized?

Today's Links: Shanghai-Hangzhou railway construction starts, fast food hits a wall, but stimulus to be supersized?

  • Construction starts on rail link [Shanghai Daily] "Construction on the 29.68-billion-yuan (US$4.34 billion) Shanghai-Hangzhou high-speed railway started yesterday at Fengjing area in Shanghai. The project, which is expected to be completed before the 2010 Shanghai World Expo, will cut the journey between the two cities to 38 minutes from the current one hour or more and is part of a plan to cut travel time between any two cities in the Yangtze River Delta Region to within one hour."
  • Has Western Fast Food Hit a Wall in China? [Mark's China Blog] "I can't say that I'm that surprised that Chinese people may move away from eating western fast food as much as they have been. First, western fast food joints in China aren't cheap. In America, when you eat the crap that fast food places serve up you at least don't have to spend much money. That can't be said for China."
  • China: ‘Can I supersize my stimulus?’ [FT Alphaville] "Expectations are growing China could super-size its stimulus package when it votes on the budget next week, especially since the draft currently being considered already foresees a record-breaking fiscal deficit for the country in 2009 of some 950bn yuan (higher than previously expected)."
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