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  • October 23, 2014
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  1. Comment - Insight & Opinion

    China's 'new normal' of slower growth is to be welcomed

    Posted Sep 19th 2014, 12:37pm by YAO YANG

    ... At the same time, China is undergoing rapid urbanisation, with some 200 million people having left the agricultural sector in 2001-2008 to seek urban jobs. More recently, however, the pace ... Yao Yang Yao Yang says the rate will remain robust over next decade amid rebalancing China's 'new normal' of slower growth to be welcomed China's economy is, at long ...

  2. Business - Commodities - COMMENT

    Time to dispense with traditional ways of investing in commodities

    Posted Oct 07th 2014, 05:26am by Reuters

    ... reinforced the bearish theme by pointing to softness in demand in top importer China, as well as plentiful supply. The fund managers and bankers do have more than just blind optimism (and a desire ... Much of the weakness has been because oil prices fell, after gaining on geopolitical fears related to Iraq and Ukraine, while metals and bulks suffered as China's growth outlook wobbled ...

  3. News - China

    New channel in huge south-north water transfer project to bring relief to parched Beijing

    Posted Oct 08th 2014, 01:24pm

    ... billion), will transfer water from China’s wetter south to arid northern cities by moving it from the Yangtze River to cities in Shandong province, including Dezhou, Jinan and Weihai, Hebei and Beijing, where urbanisation has ravaged local resources. There are three routes – easterly, middle and westerly – in the project. It is estimated some 400,000 people have been forced to relocate ...

  4. Urbanisation is key to economic growth, says central bank chief

    Posted Jul 04th 2009, 12:00am by Martin Zhou

    ... terms, is urbanisation,' he said. 'After all, we have a lot of areas to urbanise, to lay the foundation for future growth in consumption.' China's savers had amassed more than ... Martin Zhou The mainland will need a massive urbanisation campaign to drive its economic growth in the short term, the central bank chief told the Global Think Tank Summit in Beijing. Zhou ...

  5. Why we're urbanising Hong Kong to death

    Posted Jan 02nd 2007, 12:00am by Markus Shaw

    ... that was driven by the need for rapid urbanisation and large infrastructure projects. This model was made necessary by the rapid growth of the population and economy, and its success cannot be denied. The pressures of urbanisation were so overwhelming that we could not afford to be overly sentimental about conservation or the environment. Conservation was perceived as a luxury, and spending ...

  6. Business - RETAIL

    Department stores find ways to thrive despite online competition

    Posted Oct 16th 2014, 01:05pm by Reuters

    ... per cent to about US$450 billion by 2019. The recovery will be driven by expansion in emerging markets, with China set to account for 30 per cent of total spend five years from now. Pioneered ... the Ukraine crisis has hit Russian demand for luxury goods, while Chinese spending has also slowed. However, department stores still see plenty of room for growth in emerging markets as urbanisation ...

  7. Plea to stop 'the mindless pursuit of urbanisation'

    Posted Jul 14th 2006, 12:00am by Staff Reporter

    .... 'The speed is too fast. It took China 20 years to raise the urbanisation rate from 20 per cent to 40 per cent [in 2003], while the same change took the UK 120 years and the US 80 years,' ... said. But a UBS Asia Economics report suggests that although the number of city residents has tripled since 1980, China's pace of urbanisation is not too fast and not as fast as its ...

  8. News - China - LAND RIGHTS

    Farmers offered an urban dream, but at what cost?

    Posted Oct 02nd 2014, 03:29am by MANDY ZUO

    ... to cope with the higher costs of a more urban lifestyle. An average of 130 villages have disappeared every day on the mainland in the past 15 years as China has embraced rapid urbanisation ... it's a seasonal business, they live in the city for most of the year and only return to the countryside for a short period," he said. Dou Hong, a researcher at the China Centre for Urban ...

  9. Think-tank urges Beijing to end frantic urbanisation

    Posted Jun 16th 2009, 12:00am by Staff Reporter

    ... Stephen Chen The mainland has reached a crossroads in its urbanisation drive, and now is the time to shift the focus to the environment and people's welfare, according to a report ... opportunity to change direction, said the Blue Book of Cities in China, the annual report by the Chinese Academy of Social Sciences. The report put the mainland's urban population at 607 million, ...

  10. Business - China Business - INFRASTRUCTURE

    Six-year logistics blueprint released

    Posted Oct 06th 2014, 03:59pm by JING YANG

    ... blueprint for developing China's logistics infrastructure and capacity over the next six years, while approving a plan to roughly double the size of the deepwater port in Tianjin in an effort ... as the world's largest trading economy aims to straighten out bottlenecks within its domestic supply chain. China's total logistics costs accounted for 18 per cent of gross domestic product last ...




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