http://www.chinaknowledge.comChina Knowledge is a premier provider of trade and investment contents on China and delivers industry-focused insight from its dedicated team of experienced and highly qualified analysts.en-usinfo@chinaknowledge.cominfo@chinaknowledge.comhttp://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=224Warren Buffet appears on the print ad for U.S National Business Aviation Association (NBAA) with the theme: "NO PLANE NO GAIN" and his remarks: "Do you really know what's on the table if you're not at the table". Given direct translation this ad can aptly be put to use in the Chinese context to promote business jet (bizjet). Wealthy Chinese businessmen and large corporations' honchos are flying in bizjet in recent years, and travel with these 'business tools' around the globe where opportunities arise....12/1/2011http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=223There are two notions to the recent strikes and protests in Guangdong province: 'rising wages but increase average Chinese consumption power' or 'rising costs mean loss of jobs'. These events present two mathematical formulae. By multiplication, an increase of wages for its millions of workforce abruptly is capable of slowing down its economic growth due to its enormous base number; and dividing (or sharing) these extra income pose to become a formidable world's largest economy in its increase ability to consume foreign imports. The later would ultimately balance its trade with the world. So logically, and 'ideally' the wages or incomes should increase gradually and spread across China towards a smooth transition to a developed economy....5/19/2011http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=222China, the world factory, has the largest workforce in the world. Among the huge number of the labor force, migrant workers consist of the main part of the supply. As of end of 2009, there were 145.3 million of migrant workers in China, up 3.5% year on year....6/24/2010http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=221China's economy recovered quickly from the global financial crisis. Along with the recovery, problems such as inflation and surging property prices emerged. China has started to solve these problems. However, " We are in a dilemma over microeconomic controls," said Wen Jiabao, China's Primary Minister, during his investigation in Tianjin on May, 13th 2010....5/26/2010http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=219In April, China released new measures on loans in the real estate sector. Known as the "10 Measures," the new measures say that the down payment for purchases of second homes must be at least 50% and that the interest rate for a loan for a second home must be 1.1 times the benchmark interest rate. Banks...4/28/2010http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=220On Apr. 14, China announced 20 new measures to improve its investment environment. The measures can be categorized into five fields: optimization of industrial structure, encouragement of foreign investment in Central and West China, facilitation of financing for foreign companies, reform of the system...4/17/2010http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=218In March 2010, China officially approved the construction of a 430-km-per-hour magnetically levitated railway between Shanghai and Hangzhou, the capital of Zhejiang Province. The project will cost RMB 22.0 billion and be completed in 2014. This project will be part of China’s high-speed railway network, which...3/28/2010http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=217For a long time, China relied on the EU and the U.S. as its major trading partners. In 2009, the trade value between China and these two giants accounted for 16.5% and 13.5% of China’s total foreign trade, respectively. However, the global financial crisis, which broke out in 2008, caused demand from the EU and the U.S. to stagnate and shocked China’s export-oriented economy....2/24/2010http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=216China's real estate market recovered rapidly in 2009, becoming one of the major driving forces for economic recovery during the global crisis. However, real estate developers' luck seems to have come to an end. On Jan. 9, China's State Council published new policies to strengthen the supervision of the real estate sector....1/26/2010http://www.chinaknowledge.com/Newswires/CA_Detail.aspx?id=215The effects of the global crisis continue. On Oct. 30 2009, the U.S.’s banking regulators declared nine banks to be bankrupt, more than on any other single day. This year, 115 U.S. banks have closed. By the end of September 2009, the losses of the U.S. banking system totaled US$1.08 trillion....12/16/2009