Posts tagged "China"

New High-speed Railway in China

New High-speed railway line linking Nanjing, Jiangsu Province with Ningbo, Zhejiang’s only deepwater port, and passing through Hangzhou, Zhejiang’s provincial capital put into operation this July. It means a faster connection was provided in Yangtze River Delta region, one of the richest regions in China.   This new high-speed railway will better integrate the region with Shanghai as a center to boost its neighbour cities. The exchange of regional and even international economic a...

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President Election & Sino-US Relation

For decades, the United States' foreign policy regarding China has been a major debate topic in its presidential elections. As an election-year tradition, from Richard Nixon and John Kennedy in the 1970s, to Bill Clinton and George Bush in the 1990s, to Barack Obama and Mitt Romney (current frontrunner in Republican primaries) today, China occupied a featured spot in critical foreign policy discussions. American voters are wondering if Romney has a clear stance on his trade policy with China. If...

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Direct Use of Yuan and Yen

Chinese Premier Wen Jiabao told visiting Japanese Prime Minster Yoshihiko Noda that China is willing to work with Japan in promoting the direct use of their respective currencies in bilateral trade.   China's central bank announced shortly after the Wen-Noda talks to encourage the direct use of Chinese currency RMB, or the yuan, and Japanese yen in cross-border transactions between China and Japan.   The agreement is expected to give the Chinese yuan a more powerful role in...

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Heading Toward Changes!

China! In process of becoming the world’s future mastodon and biggest agent in the Trade sector. Starting from your car, your children’s toys, the bag or jean you wear, to electronic devises; they were partially or entirely produced by Asia’s heart, China. At present, important flows encircle the globe. They are due to long term import-export relationships engaged between Europe (even the entire planet) and this nonstop production factory that is China. Deals are concluded and freigh...

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