Tag Archives: Bank of China

China, Technology and the Environment: Electricity bills to jump for Chinese industries

China announced a 5.7 percent increase in electricity prices for businesses and industries and said it will adjust residential tariffs early next year through a new pricing mechanism to promote energy savings [...]
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Twitter Weekly Updates for 2009-05-10

http://twitpic.com/4wq8i – Manna Dinner Out: Indian Food at Lotus Land # http://twitpic.com/4wq2k – Illegal Parking in Shanghai will get you a ticket stuck (literally!) on your window # http://twitpic.com/4uce0 – DingBats Brazil Opening Night in Shanghai: Luciana Dias and “Eletrodome” # http://twitpic.com/4uaw3 – DingBats Brazil Opening Night in Shanghai: Grayson and “Cabra da Peste” # http://twitpic.com/4uafh – DingBats Brazil [...]
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China, Socialism & Consumer Behavior: In a Tidal Shift, Chinese Spending More Overseas

Money is moving in a new direction in China — out: Some Chinese are so eager to turn their yuan into other assets that when an online real estate brokerage organized a tour of foreclosure auctions in the United States, it received so many applications that it had to turn away nearly 400 people. In Shanghai, cash-rich Chinese companies are buying high-yield bonds issued by distressed American companies at a time when most investors are steering clear of bonds even from solid companies [...]
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