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Over the five years from 2000 to 2004, consumption of cotton in the weaving sector rose 65.3% from 4.84 million tons to over 8 million tons. This sharp rise moved the country's domestic cotton production from a condition of oversupply to one where cotton must be imported to meet demand.



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Nearly 48 billion yuan in corporate assets - equal to half the total profit of all listed companies during the first six months of 2005 - is being improperly used by the major shareholders in roughly 480 companies listed on the Shanghai and Shenzhen stock exchanges....

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China's production of raw steel reached 349 million tons in 2005, but profits fell 10.62%. The industry will slash 100 million tons of iron and steel capacity over the next two years to deal with overproduction.


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According to a report on China's motorcycle industry released on Thursday, during the first ten months of 2005, China accounted for 50% of world motorcycle production. The central government has issued new regulations in an attempt to head off anti-dumping measures by important export markets....



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The pace has picked up for Beijing real estate companies selling off their interest in developers. The sell-off began in the second half of 2005, and started to pick up in September...

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Survey firm iResearch released figures yesterday showing that the value of real estate online advertising in the third quarter of this year rose 26.1% over the second quarter, reaching 116 million yuan (US$14.3 million). This statistic was drawn from data from more than ninety mainstream domestic websites, and it represents the third consecutive increase in quarterly ad expenditure. It is also the third consecutive quarter in which the rise in real estate online ad spending outpaced the rise in online advertising in general; online ads rose just 11.2% in the third quarter.

By STAFF EDITOR
Through the end of 2004, China had a cable backbone of 3.7 million kilometers, representing an investment of over 100 billion yuan (US$12.3 billion). However, its usage rate stood at just 20% overall, and 30% in urban areas. Numbers for transmission towers were similar. Part of the redundancy problem arises from competition between the dominant operator in an area and weaker companies trying to gain a foothold in the market. Without infrastructure of their own, it is hard for them to compete, so they run additional lines that are unnecessary from a general perspective. And because the resource disparity is so large, the smaller operators essentially have no chance at beating the dominant carriers at their own game, so the additional lines are doubly redundant.

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