Category: Markets
China Investment
For people who are fluent in Mandarin, China investment is easier and more profitable.
“There’s much more to the Chinese economy than in the 1990s,” said the manager of the Guinness Atkinson China & Hong Kong Fund, Edmund Harriss. According to Harriss, foreign investment has a major role in the growth of a country. The communist government is increasingly opening its doors to free markets, as well as privately owned businesses.
China Environment
China, the new superpower, is rapidly growing its consumption of the world’s natural resources. In Africa and Central Asia, the country is exploring oil fields. It is searching for gas in Burma, constructing hydropower units in Mekong, exploiting minerals and coal in Australia and destroying forests in the Indonesia. China’s massive appetite for raw materials is taking a toll on nature, causing massive environmental damage and helping to push the planet’s ecological system to the limits.
China Unemployment
According to the 2008 estimates by China’s National Bureau of Statistic, the total number of the urban unemployed was 8.30 million. The country’s total unemployment rate stood at 4.0%.
Year-on-year estimates of China’s unemployment rate
China Population, Chinese Population
China’s population has always drawn the attention of economists, as this Asian nation is the world’s most populated country. According to the National Bureau of Statistics, at the end of 2008, China’s population stood at 1,328.02 million people. This staggering number represented an increase of 6.73 million from the previous year’s figure.
China Gas
As the Chinese government seeks to reduce pollution while increasing energy production, the China gas industry is gaining increasing importance. Gas production reached 76.1 billion cubic metres (bcm) in 2008, and with an increasing number of gas reserves in the nation that figure will only grow.
Key China Gas Reserves
Chinese Onshore Gas Reserves: Songliao basin, Sichuan basin, Junggar basin, Tarim basin and Ordos basin.
China Jobs, Chinese Jobs
The jobs market in China has been surging since 1978, when the communist regime opened its doors to foreign investment. The continuous arrival of foreign capital boosted the Chinese economy, making it the fastest growing economy in the world. As China embraced globalization, new industries were established and production hubs were created. Gradually, the country became a key contributor to the global economy, which opened the floodgates of employment opportunities.
