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11. CEPA Boosts the Financial Role
One main benefit of the Close Economic Partnership Arrangement (CEPA) between the Chinese mainland and Hong Kong is for the latter's financial industry to serve more mainland companies.It was
Author: ZHANG RUOWU Year 2003 Issue 28 PDF HTML
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12. Don't Politicize RMB
Zhou Xiaochuan, Governor of the People's Bank of China (PBC), might have been a bit naive by claiming that a "full stop" was made to the RMB valuation debate, after he took pains explaining to his
Author: ZHANG RUOWU Year 2003 Issue 29 PDF HTML
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13. Who' Afraid of the People's Money?
On July 7, Sina.com, the largest news portal of China, polled viewers on whether China should raise its RMB's exchange rate to the U.S. dollar. The poll was in response to growing rumbles overseas,
Author: ZHANG RUOWU Year 2003 Issue 29 PDF HTML
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14. Strengths of an Open Economy
Nothing, it seems, can stop China's economy from racing ahead at the world's fastest speed, as seen from the figures about the first half of the year that have just been released by the National
Author: ZHANG RUOWU Year 2003 Issue 30 PDF HTML
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15. 'We Can Only Support Each Other For Life'
Joint efforts by all Asia-Pacific governments and industries are the key to the region's tourism revivalIt's hard to render the saying in translation. It's so traditional, so familial, so Chinese
Author: ZHANG RUOWU Year 2003 Issue 30 PDF HTML
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16. No More Summer Capital
One very long tradition has been broken by China's new leadership in the mere four months after it took office. Recently, from a brief news report, citizens learned of the top officials' decision not
Author: ZHANG RUOWU Year 2003 Issue 31 PDF HTML
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17. Is the Economy Too Fast, Too Hot?
When the National Bureau of Statistics reports 8.2 percent year-on-year growth in GDP for the first half of the year despite a major blow dealt by SARS, economists begin to ask:The economy is running
Author: ZHANG RUOWU Year 2003 Issue 31 PDF HTML
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18. Beijing as Coordinator
There are overseas China watchers who like to forecast this nation's future. Some of them have been saying that China will, and should, fall apart into several states.By then, they say, Shanghai will
Author: ZHANG RUOWU Year 2003 Issue 34 PDF HTML
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19. Merging With the Changing Times
The market knows everything's worth even if it is withheld from competition. This is why in a nation of 1.3 billion people and potentially the world's largest pool of readers, some newspapers and
Author: ZHANG RUOWU Year 2003 Issue 35 PDF HTML
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20. Managing Competition
Today's China is like a year-round tournament where 31 provincial-level governments and hundreds of city governments compete for generating wealth.But in competition people may get so carried away by
Author: ZHANG RUOWU Year 2003 Issue 36 PDF HTML