The U.S. is happy with the Chinese government’s reform of the RMB exchange rate, said Treasury Secretary John Snow during a 1-week visit to China. China’s trade surplus with the U.S. surged to $162 billion last year. Mr. Snow also talked about various RMB investment products. We interview economists to explain what all this means.
News on the G20 meeting hosted by China in Oct. 2005. The G20 is comprised of the economic representatives of the G7 and other emerging nations.
BizWatch host Qin Yi interviews Zhou Dunren, Pudong Institute¿¿¿s Deputy Director for the U.S. Economy about the significance of the G20 meeting and asks for some predictions on the hot issues, such as trade, currency exchange and other topics.
Loans for small business startups are now being underwritten by the local government to encourage banks to make the loans. But what about the small companies who have survived through 3 years and need capital to expand? This story examines that problem.
Corporate social responsibility is increasingly being considered worldwide as the perquisite for sustainable development. A group of high-level scholars and entrepreneurs gathered in Shanghai to discuss the topic, and to consider China businesses’ role in achieving CSR and sustainable development, without high costs. Our report talks with several experts on these topics.
What about the“up close and personal” type of branding activity for corporations, and what are the costs? Siemens goes on the road and gets face-to-face with potential customers, with high-tech automation displays to show how it can be done, at the 2005 Shanghai Industry Fair. Over 400,000 visitors attended to see what 3,500 exhibitors had to show.
The first China– EU roundtable on financial services and regulations was held in Shanghai. BizWatch talked with Alexander Schaub, Director General of the European Commission’s Internal Market and Services, for his views on the developments. Also, Dr. Wang Lingyi, Shanghai Academy of Social Sciences.
The number of multinational companies establishing headquarters in Shanghai is growing. The competition with Hong Kong for the major firms is intense. Host Qin Yi interviewed Michael Rowse, Director-General of InvestHK for his views on the two city’s business growth. He explains that the mainland is the biggest investor in Hong Kong and that Hong Kong is the biggest investor in Shanghai. He says not to forget Beijing in this enormous growth as well. View the complete interview for Mr. Rowse’s fascinating insights into China’s burgeoning economy.
Shanghai’s stock market index surged upward by 1,340 points. Non-ferrous metals prices led the gains. International fund managers remain very optimistic about China’s markets. Watch this report for interviews with stock market experts and details about government reforms that are driving stock sector gains.
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