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Sep30
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The State Administration of Foreign Exchange (SAFE) said Saturday in Beijing that China's external debts reached $327.8 billion by the end of June 2007...up $4.8 billion in one month. Imagine running up that much of a balance on your credit card. In the first half of this year, China borrowed mid- and long-term foreign debts of 15.37 billion dollars, an increase of 55.6 percent, 5.49 billion dollars, over the same period last year. China also paid $11 billion dollars worth of debt principal and
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Sep30
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I was going to stay up and wait last night....for my 1,000,000th unique visitor to come to PanAsianBiz. Problem...I am not a night owl. 10pmish and I'm nearly gone each evening.I don't think I have been awake for the bells,...
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From the FIFA Communications Division FIFA Women’s World Cup China 2007 Goals, cards, attendances: comparative statistics 1991 – 2007 Total No of Matches AverageChina PR 2007 111 32 ...
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Sep29
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American Carriers are not the only ones wanting more routes to China.5 US Airlines Win New Flight Routes to ChinaTokyo's Haneda Airport, began operating flights to Shanghai's Hongqiao Airport today.The result is businessmen can get to downtown areas faster than...
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Everyone wants to go to China.Five U.S. airlines will soon have five new ways to get passengers there.1. Continental Airlines will fly between Newark, New Jersey, and Shanghai starting in March 2009.2. American Airlines will fly between Chicago and Beijing,...
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The United States has ships that can catch airplanes. South Korea wants to build a ship that can fly....by 2012.South Korea wants to have a large commercially viable flying ship that can boost the speed of its maritime transportation.Called the...
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Sep28
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Central Khanh Hoa province in Vietnam has been given approval by the Vietnamese government to play host to the Miss Universe 2008 pageant.The organizing committee for the event invited Vietnam to host the girls.The eligibility requirements:1. many landscapes2. good infrastructure...
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India has two companies in the Top 10 Companies for Leaders.Does that mean India is in the Top 10 countries for leaders?Maybe. How about the Top TWO for India? The U.S. has five companies in the Top Ten.India is the only other...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep27
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Chinese women are not to be messed with! They are hot. And their kisses can kill … literally. A Chinese girl saw her boyfriend talking to another girl and figured her broke the pact - "if either one of them...
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They grow them bigger in Russia...babies that is....a 17.05 lb baby.Well...make that everything is bigger in Russia...the whole country is nearly two times bigger than the second largest country, Canada.A 42-year old woman delivered the big girl by Caesarean section...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep26
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Lenovo of China says it will press on with its plans to expand into Europe whether it succeeds in buying Packard Bell or not.Rival Acer has first dibs on Packard Bell. "We have plans in Europe without Packard Bell, plans to...
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The State Administration of Radio, Film and Television has their ax sharpened and they are hacking away...first reality shows featuring sex changes and plastic surgery, then talent contests during prime-time and now sexual sounds. "Sexually suggestive advertisements and scenes showing...
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Apple Inc has announced the price portfolio for the new family of iPods in China, including the iPod Touch, with wi-fi function, which will be available next month.Updated iPods, iPod Shuffle, iPod Nano and iPod Classic, are also available.iPod Shuffle,...
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The golden Spirit of Ecstasy, the statuette on the hood of every Rolls-Royce model, is very popular among Chinese customers.China's expanding economy has also produced a demand for custom-designed cars, unique, top of the line = Rolls-Royce.Some 90% of the...
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Homebuyers in China who hope to buy a second apartment will likely be required to put down a 40% deposit to the bank.In the future, it will be raised to 50%.Currently the minimum deposit is 30% for a home 90...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep25
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A New Silk Road Model pageant was held in Hanan Province.China has an abundance of girls to put on display...and a seemingly equal abundance of ways/ideas to do display them...The New Silk Road?I haven't even travelled the old silk road...
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This is the dumbest thing I have read in a long time.A total case of the 'grass is greener on the other side' thing.Chinese women want to look like Caucasians. Most ever Caucasian girl I have talked to wants to...
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Surely all virus, worm inventors will be encouraged to walk the straight and narrow now.A network company in eastern China has offered a job paying 1 million yuan ($130K) a year to the man who invented the most destructive computer...
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General Motors says they have inked a deal to boost its exports to China of U.S. made vehicles and auto parts by more than $800 million.Only problem...GM is not rolling out any cars these days.Can you say "Thank you, UAW!" Included...
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China's post and telecommunications sector saw $69.7 billion in business revenue in the first eight months of this year.That's 11 percent better than the same time last year.The telecommunications business was up 10.7%.Postal business was up 14.3%.There are 54.59 million...
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The biggest single-unit capacity hydropower plant in southwest China's Tibet Autonomous Region started operation on Sunday.The Zhikong Hydropower Plant is about 60 miles to the north and east from region's capital - Lhasa.It has four generating units that can each...
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As of last month, more than 300,000 people across the Chinese mainland had 'bought' tickets for the Beijing Games.But...not everyone has paid for them yet says the Bank of China which has been designated by the Beijing Olympic Committee to...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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China's own self-designed, self-manufactured bullet train, capable of speeds up to 300 kph, will roll off the production line by the end of this year.The train will carry 600 passengers and run for 115 km along the Beijing-Tianjin rail route...just...
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Sep24
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Reality TV shows, Supergirls, Happy Boys and so on will be pulled from the prime-time slot (7:30-8:30) starting next month.The State Administration of Radio, Film and Television wants TV channels to stop broadcasting reality shows that require external voting as...
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FIFA president has invited China to Bid for the 2014 World Cup - men's version.Joseph Blatter is the eighth president of FIFA, the global soccer body. He invited China to make a bid at in Beijing yesterday during a completion...
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Dell Inc plans to sell its latest range of personal computers through China's largest electronics retailer - Gome Group.It appears that Dell, the world's second-largest personal computer maker is expanding beyond its direct-sales model to help increase its global market...
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Beijing-born, 28-year old Zhang Ziyi, has successfully become a Hong Kong resident.Under the Quality Migrant Admission Scheme (Scheme being the operative word, I presume) Zhang Ziyi joins two other mainland celebrities who have become Hong Kongites...Lang Lang and Li Yundi...
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"With 50 some car models, Japan doesn't have a chance' said a business magazine some 50 years ago.Yup...they got that wrong.Toyota will overtake GM this year as the number one car maker in the world. GM has no chance as...
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For the first time ever India and Pakistan will face off in the T20 Cricket World Cup.It's the kind of script that is made for Bollywood.Pakistan beat New Zealand and India beat Australia in the semis.The two countries will face...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep23
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The USA will play Brazil and Norway will play Germany in the semi-finals of the Women's World Cup 2007 in China.The home team was bounced by Norway 1-0. Going way back...China beat Norway 4-0 in group stage in World Cup 1991...
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Under a project called 'mega city' U.S. based Cisco is in talks with the Shanghai government to establish a broadband network in the downtown area for the World Expo in 2010."Cisco has invested US$155 million in China on research and...
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China's auto production has grown at a 45.8% annual growth rate since 2002.This year the country expects to roll out 8.5 million cars.At the end of last year, output value of China's auto industry accounted for 3.7% of the country's...
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Volkswagen Group vehicle sales soared by 28.8% to 600,000 in the first eight months of this year....and the group is hoping to reach 800,000 by the end of the year.Audi car sales also rose by 27% to 65,000 units in...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep22
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Olympic Champion and world record holder Liu Xiang is China's second most famous athlete, behind Yao Ming.So popular that parents name their kids after him....18,462 of them.Chinese are fond of naming their kids after stars - Liu Dehua (Andy Lau)...
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Bloggers are invited to attend press events in China...especially in the information technology industry.It happens more and more in the United States but it is/was not common in China.However, at events like the Intel groundbreaking ceremony in Dalian, more than...
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A new cafe has replaced the Starbucks that was in the Forbidden City in Beijing.The basic difference - the new cafe is owned by the Forbiddent City museum.The new shop is called "Forbidden City Cafe" and is NOT an ice...
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The Olympic Torch for the Beijing 2008 Games will NOT pass through Taiwan says Beijing officials.Taiwainese and Beijing officials reached a dead end as to the route.The negotiations have been ongoing for 5 months...since Beijing Organizing Committee proposed to place...
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Sep21
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The Chinese Renminbi (RMB) hit a new record against the dollar ....for the 60th time!The central parity rate is 7.505 to $1. The previous record was on Sep. 13th when the currency stood at 7.5169 to the dollar.Before the revaluation in...
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Mattel apologized to China for the inconvenience it has caused Chinese consumers from recalling millions of China-made toys and pledged to take responsiblity.It turns out that the recalls were because of design flaws rather than manfacturing errors.OOPS!Mattel recalled 17.4 million...
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A survey of 641 young Internet addicts revealed that most of the addicts suffered some sort of psychological setback when they were young, in childhood.Family influence was the single most important factor in determining if a young person was susceptible...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep20
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In the first half of this year the Beijing municipal government registered 563 new HIV/AIDS cases, up 50% from last year.1. 11 foreigners2. 120 Beijingers3. 432 migrant workers Men outnumbered women and most cases were young and middle-aged people.The two main...
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From 2003-2006 - China's total economic value has increased in rank from 6th to 4th in the world.Average per capita income has entered the middle income internationally.Average GDP growth rate - 10.4%, 5.5% points higher than the world average.Steady growth...
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The president of the Chinese Wind Energy Association (CWEA), laid out China's road map for the country's wind power development:2010 - China will independently design and manufacture its own wind turbine generator system. The gross installed power-generating capacity in China would...
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Canada’s Tancredi scores second-fastest goal ever Melissa Tancredi entered FIFA’s record books when she scored the second-fastest goal in the history of the FIFA Women’s World Cup just 37” into Canada’s 2-2 draw with Australia on 20 September in Chengdu....
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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I wrote earlier FIFA Women's World Cup China 2007 - 500th GoalNorway’s Gulbrandsen scored the 500th goal. Norwegian striker Ragnhild Gulbrandsen scored the 500th goal in FIFA Women’s World Cup history when she found the net shortly before half-time in...
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Sep19
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I don't know about you and your blog, or you with your blog, but PanAsianBiz (that's me) is going to BlogWorld.KnowMoreMedia will be attending the Blogworld & New Media Expo in Las Vegas, Nov 8-9, 2007, as a media partner,...
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Automill of the KMM network thinks that 2010 might be too optimistic to expect China to have cars ready for the American market.Industry experts think that China will need longer than 2 years to meet standards for:1. safety2. emmission3. infrastructure...
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Nissan Motor Co. will partner with city governments in China to provide real-time traffic information for car navigation systems.Easy enough...just put it on traffic jam.Nissan wants to:1. help ease chronic traffic congestion2. reduce air pollution3. increase salesespecially number three.Nissan is...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep18
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China has plans for a nationwide grocery tracking system to ensure food safety."By the end of this year, all food markets and supermarkets in cities above county level would have set up the system requiring invoices and documents attached to...
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The North "never makes an empty talk but always tells truth," said a DPRK ministry official.Yeah...right. North Korea is denying any connection with Syria in nuclear cooperation, claiming the charge was fabricated to block progress in relations talks with the United...
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Former US Federal Reserve Chairman Alan Greenspan, in his memoir, "The Age of Turbulence: Adventures in a New World" predicted that the world's economic fate depends on China and its economic development of the next 20+ years."If China continues to...
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Alibaba.com Corp will invest 10 billion yuan ($1.3 billion) over the next 3-5 years to integrate all sectors linked to e-commerce.Alibaba.com wants to have a complete industry chain to facilitate small companies' overseas sales.Money will be invested to:1. strengthen is...
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The main stadium for the upcoming 2008 Beijing Olympic Games has been dubbed the Bird's Nest.Miniature models will go on sale on Wednesday when a special release ceremony for unique souveniers will be held.There are three types, make that four...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep17
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The largest gold deposit in Asia ever has been found in the Yangshan Mountains of China...worth more than 50 billion yuan ($7 billion).Soldiers from the People's Armed Police of the China's People's Liberation Army found it.It is the largest Carlin-type...
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It's tough not to have a good economy in Asia these days.China is driving and India is chasing China.Growth...growth...growth.Even dormant Fuji-san (Japan) finally began to flow again.The Asian Development Bank is predicting that the entire Asian economy will grow by...
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Birgit Prinz became the new all-time top goalscorer in FIFA Women's World Cup competition.Birgit scored her 13th goal in a 2-0 win over Japan in their last group match in Hangzhou.Her first goal was scored against Brazil in 1995.All-time FIFA...
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Milestones....FIFA Women's World Cup China will host a milestone - the 500th Goal...probably this weekend.As it stands, there have been 493 goals scored in Women's World Cup Competiton.Other milestone achievers - No Goalscorer Match Result Date Venue 1 MA...
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I had to keep looking this up everytime I wanted to know the results of a match...so I thought to put a link here to facilitate finding it...mostly for me, maybe?To see the results of all matches. To see the group...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep16
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China claims more than 600 million mobile phone users...that's more than twice the population of the United States.Imagine EVERYONE in the U.S. with two mobile phones...even the little people.China now boasts that a Chinese has one in every five cell...
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Two of the NBA's best...non-cheaters, too!...are playing charity ball in Beijing.They are Yao Ming and Steve Nash.The money raised will go to educate needy children in China.See also-Yao Ming, Steve Nash, Carmelo Anthony to Play Charity Game in Beijing...
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep15
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I mentioned that I was going to visit the 141 blogs aggregated at Chinalyst and introduce them here over the coming days/weeks for PanAsianBiz readers. The number of blogs about China in English are growing and there is plenty to...
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Sep14
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The rich in China have been shopping.From January to July, the imports of luxury consumer goods jumped 27.6% to reach $4.85 billion.More than 117,000 luxury vehicles (engine size greater than 2.5 liters) were purchased.Cigarettes, alcohol, golf balls and clubs were...
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In the past four months, Chinese police have seized 225 tons of explosives and 336,000 detonators from illegal coal mines as part of a national crackdown on illegal mining activity.More than 8,100 mines were raided that had been officially shut...
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Three Chinese films will be bidding for an Oscar.They are: "Lust, Caution," "The Warlords" "The Sun Also Rises" "Lust, Caution," critics say, has the best option because of Ang Lee's directorial talent. A second win for best foreign language film?The...
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I haven't mentioned a 'hottest girl' in China for sometime here at PAB...though, sadly. that kind of post often attracts the most visitors.What are people on the Net looking for anyway?Still, I couldn't resist when on I came across these...
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