June 2002
    CHINA BY THE NUMBERS
Overseas Investment in China Soars

(May 15 2002) The first four months of 2002 saw a year-on-year rise of 29.06 percent in the overseas funds used in China... [More]


Trade Volume in April Hits 52.48 Billion US Dollars
(May 16 2002) China's trade volume in the first four months this year reached 174.52 billion U.S. dollars, up 10.5 percent from the same period of last year... [More]

China's Industrial Production Grows by 12.1% in April

(May 16 2002) The industrial production of China grew 12.1 percent in April over the same month last year, a 1.2 percentage point rise over industrial production during the first quarter of the year... [More]


    CHINA BUSINESS HEADLINES
JP Morgan Bullish on China Market

(May 4, 2002) The China Research division of JP Morgan said Friday that institutional investors have predicted that China's economy and the H-shares and Red chip markets are on the verge of a rally... [More]


International Financiers Eye China's Private Venture Capitals
(May 26, 2002) Private venture capitals (VCs) will play an increasingly important role in China's promising capital market... [More]

In China, It's All About IT, Experts Say

(May 6, 2001) The Information Technology storage market in China will see a robust increase in the coming three years... [More]

Mckinsey: China---New Pillar of World Economy

(May 24, 2002) China is a new pillar of the world economy, said Pan Wangpo, board chairman of the US Mckinsey & Company... [More]

Pearl Delta Shines As Economic Powerhouse

(May 25, 2002) The strong development momentum of high- and new-tech industries has turned the Pearl River Delta into the nation's largest high- and new-tech industrial belt... [More]

China's Real Estate Sector Continues to Grow

(May 22, 2002) The official index shows that China's real estate sector continued to grow in April, propelled by soaring investment and land development... [More]

    QUOTES OF THE MONTH
"After more than a decade of development within Greater China, Oracle is
now not only ready to take advantage of new opportunities in the region, but also uniquely positioned to help accelerate the region's development," said Derek Williams, executive vice president, Oracle Asia Pacific. [More]

    DID YOU KNOW?
"Duan Wu"-- A Day in Memory of A Patriotic Poet

The 5th day of the 5th month of the lunar year is an important day for the Chinese people. The day called "Duan Wu" (meaning Day of Right Mid-Day) is observed everywhere in China. This unique Chinese celebration dates back to earliest times and a number of legends explain its origins... [More]

   COMPANY IN ACTION
Microsoft May Wait for Mobile Pay-Off in China
(May 17, 2002) Microsoft Corp is willing to invest for years without reward to win over China, the world's biggest mobile market, in its global campaign to conquer the cellular industry... [More]  

Sun Micro: Corner Turned in Asia, with China's Help

(May 16, 2002) Sun Microsystems, which has been fighting for months to grab a larger share of shrinking spending on information technology, says it has finally turned the corner in Asia... [More]

Honeywell Optimistic on Boosting China Sales to 2 Billion

(May 27,2002) Honeywell,one of the world's leading providers of a range of technological goods and services, fully expects to boost its annual sales in China to two billion U.S. dollars in the near future from its current 600 million U.S. dollars... [More]

Chinese Press Attracts International Printing Giants

(May 17, 2002) The world's top printing companies such as Fuji Xerox, Epson and HP, see great potential in China's press industry... [More]


Office 1 Superstore to Tap China's Office Supplies Market

(May 28 2002) Office 1 Superstore of the US announced Monday in Shanghai that it will open 500 chain stores selling office supplies in China in the next three years... [More]


   MAGNIFYING GLASS

China and WTO Compliance: The Glass Will Remain Half Full


After 15 years of tortuous negotiations, China finally became a member of the World Trade Organization (WTO) last December...

[More]