To keep with the trend of Steel related posts, the EU will apply tariffs of up to 25.2 percent for sheet, coil and strip stainless steel imports from China. This Tariff comes following a complaint by the “European steel producers association, Eurofer.” According to Eurofer, in 2013 China and Taiwan shipped in an impressive “620… Continue reading New Anti-Dumping Tariffs on China Steel
Even though China has had a rampant growth in steel outputs, as indicated in one of my previous posts, many of its loss-making steel mills could “shut their doors this year.” Many of smaller mills have been “dodging policies aimed at solving perennial problems of pollution and overcapacity” to stay afloat. However, with many new… Continue reading Shutting Down of Steel Mills
This is an older article, but given our recent discussions of migration, I thought it would be beneficial to get a view for the scale of this trend. Chunyun, the spring migration of workers heading home for the holidays, is one of the worlds largest annual human migrations. This migration falls right around the Chinese… Continue reading Migration in China and Maps
In order to help keep its economy afloat, China’s steel industry has been cranking out steel, “flooding the world with exports” and causing a fear for falling steel prices. China’s ramping up the steel industry is causing steel companies around the world to loose profit and forcing some to cut down on cost, mainly workers. For… Continue reading Why Chinese Steel Exports Are Stirring Protests
Earlier today, as part of the annual World Consumer Rights Day campaign, China’s government-controlled television broadcast took aim at foreign carmakers and dealers. The problems they alleged ranged from pricing to quality in the auto-industry market. The main targets were Tata Motors Ltd’s Jaguar Land Rover, Voltswagen, as well as the some dealers. The CCTV… Continue reading Foreign Auto Firms Under Fire in China
In China, as well as many developing countries around the world, the new craze seems to be tech start-ups. The article explains that in China it is becoming more and more often for students to follow the path of Mark Zuckerberg and dropping out of college to start their own business. In fact some universities… Continue reading Are Start-ups the Answer to China’s Economy?
The question of how China has had such high rates across the board in terms of economic growth over the years is one that seems to linger in the back of the mind when studying China. In a Chinese People’s Political Consultative Conference (CPPCC) session on March 4th, Dong Dasheng, the former Deputy auditor at… Continue reading Can China’s Economic Data Be Trusted?
In 2014, China took the edge over the US in foreign direct investment, a feat that no country has been able to achieve since the US took hold in 2003. Looking at the charts, we can tell that China has had a relatively steady increase over the past twenty years and shows stability. Whereas looking at… Continue reading China Takes the Lead from US in Foreign Investment