Tag Archives: Economy

China, Socialism & Consumer Behavior: U.S. destinations target affluent Chinese tourists

Hawaii, California and Las Vegas are among American tourist destinations vying fiercely for a vast and largely untapped new market segment: the Chinese tourist [...]
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Architecture & Urban Planning in China: the top 10 fast-developing cities in 2009

The annual selection of China's top 10 fast-developing cities was held by the China International Urbanization Development Strategy Research Committee to illustrate the rate of China's urbanization [...]
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China, Socialism & Consumer Behavior: consumption stimulus to extend into 2010

Stimulus policies spurring Chinese domestic consumption will be maintained in 2010, while high sales growth of home appliances and automobiles due to the stimulus packages will not affect consumption, analysts predict [...]
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China, Socialism & Consumer Behavior: Consumer spending helps boost Shanghai’s growth

Shanghai's economy made further progress last month as a result of continued strong growth in local consumer spending and investment, while exports also improved to help strengthen a growing recovery [...]
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China, Socialism & Consumer Behavior: Luxury Goods Remain Fashionable in China, Despite 8% Drop in Global Sales

Luxury marketers are escaping the recession that has hit sales in developed markets by focusing on China [...]
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China, Socialism & Consumer Behavior: The End of “Chimerica”

For the better part of the past decade, the world economy has been dominated by a unique geoeconomic constellation that the authors call "Chimerica": a world economic order that combined Chinese export-led development with U.S. overconsumption on the basis of a financial marriage between the world's sole superpower and its most likely future rival. In this paper, economic historians Niall Ferguson of Havard Business School and Moritz Schularick of Freie Universität Berlin consider the problem of global imbalances and try to set events in a longer-term perspective [...]
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Living in China: GDP could be 2.5 times that of the US by 2030

China's economy could be 2.5 times that of the US by 2030, based on Japan's experience and the yuan's appreciation against the greenback, a senior Chinese economist says in Harvard Business Review's Chinese edition. The forecast by Justin Lin Yifu, head of Peking University's China Center for Economic Research and recently appointed chief economist of the World Bank, in the May issue of the magazine published on Thursday is one of the most ambitious for China's economic growth...
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China, Technology, Innovation and the Environment: Part II

An energy structure with a low utilization rate, and an economic growth mode with serious, hazardous emissions have posed stark challenges for the sustained growth of Chinese economic society. Faced with such a grave situation in energy saving and emission reduction, more than 6,000 science, technology workers, as well as scientist-turned-entrepreneurs on met recently to discuss issues such as energy saving and environmental protection. Among them were more than 100 members from Chinese Academy of Sciences (CAS) and the Chinese Academy of Engineering (CAE), the highest palaces for scientific research achievements and engineering progress [...]
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