Double standards of Western companies

For months, the West has been attacking China for tightening control of its rare earth exports. The assault is likely to escalate, as China recently announced it would slash its rare earth export quota by…

China is Second Largest Gold Consumer

China has become the world’s second largest consumer market of gold after India, with the demand for Gold  increasing 13 percent on average annually. According to Sun Fengmin, Deputy Director with Gem & Jewelry Trade…

The road to China’s economic growth

Over the past three decades, we have seen China grow, change and develop. We have seen difficult times, and we have seen improvement in the economy. We have seen millions of people lifted out of…

China cutting reliance on exports as domestic demand grows

China’s pattern of economic growth is changing. The country is depending more and more on domestic consumption than external demand. Previously, beginning from the 1980’s and 1990’s, when China’s economy first began rapid expansion, economic…

Shanghai Expo creates world record for China

The Shanghai World Expo which wrapped up October 31 created a record for host country China as a total of 72 million visitors trooped in to the expo ground. The expo was the biggest most expensive event since the Great Exhibition of 1851 in London that marked the coming of the Industrial Revolution.