No. 349, Jan 7(1)

By English edition staff
Published: 2008-01-06

Highlights from the prints, issue no. 349, Jan 7, 2008. Links to original Chinese articles will be up shortly. 

Dilemma over Rising Oil Prices
Editorial
The global crude oil price hit the 100 dollar mark briefly last week. China is now faced with the dilemma of whether to let market forces rule or apply price-fixing mechanisms on domestic processed oil products. Our editorial suggests that the dilemma will not be resolved until the issue of monopolies in the domestic oil supply chain is addressed first.
Original article: [Chinese]

A Year of Uncertainty for A Shares
Cover Story
Investors and market watchers are expecting higher risks and a slower growth in the A-share market of the Shanghai Stock Exchange this year. Besides the usual concerns over excess liquidity, an over-heating economy and soaring property prices, market experts also predict that the elections in Taiwan this March will have an impact on mainland stocks.
Original article: [Chinese]

Ensuring Food Security
Cover
The Chinese government has imposed stricter export regulations on several foodstuffs to ensure domestic supply and stabilize prices. Wheat, corn and rice flour have been listed as items with a restricted quota for export under the latest ruling. This is in addition to abolishing export tax rebates for 84 types of foodstuff and imposing other duties announced earlier.
Original article: [Chinese]

New Deputy Chiefs for Central Bank of China
News, page 3
The Central Bank of China has appointed Ma Delun and Yi Gang as its new deputy chiefs. The decision is termed as a blend between east-meet-west by industry watchers. Ma is an experienced and pragmatic banker who rose up the ranks from the grassroots while Yi is often seen as an academic figure with a western education.
Original article: [Chinese]

 1  |  2