Vancouver priciest city for business
Vancouver is once again the most expensive city in the nation to operate a business, but Calgary has moved into second place and Chilliwack ranks third, says a report issued today by KPMG. The high Canadian dollar may have chipped into the manufacturing sector, but it has also challenged the country to become competitive in other ways, and the country is holding up well, the study shows.
Global downturn won’t hit China badly
China’s economy will experience only a moderate slowdown in 2008 because its diversified exports and strong domestic demand will help it stay resilient amid a weakening world economy, economists said yesterday.”We expect the Chinese economy to grow by 10 percent this year despite a US-led global economic slowdown,” said Liang Hong, an economist with Goldman Sachs in Hong Kong. “Strong domestic demand, especially investment growth, is expected to sustain the overall GDP growth, though the export growth is set to slow down.”
US recession may hit developing nations hardest - Pravda.Ru
UNCTAD, the U.N. Conference on Trade and Development, said that world economic output should rise 3.4 percent in 2007, compared to 4 percent last year, when foreign exchange shifts are factored in.
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- #11/14/2008 - Product ReviewBeijing cracks down on tainted tableware
Beijing authorities yesterday ordered all tableware made of melamine resin that did not have the requisite safety certification off shelves, following reports that nearly 80 percent of the products under a recent inspection had been toxic.
BizChina of China Daily Website - Connecting China Connecting the World
Sanlu's former chairwoman denies cover-up
- #'Honey laundering' beats US tariffs on Chinese food products - Times Online
As scientists race to investigate the sudden and inexplicable collapse of bee colonies in America and Europe, international smugglers are coming up with new and imaginative ways to get Winnie the Pooh’s favourite snack into breakfast cereals and onto supermarket shelves.‘Honey laundering,’ the authorities call it.
As the name suggests, honey laundering involves disguising drums of the sticky stuff from China by selling it to a third party—usually a distributor in another part of the world—then re-packaging it and re-exporting it, so that its source remains unknown.
According to an investigation by the Seattle Post Intelligencer, several tons of Chinese honey have this year passed through ports in Tacoma, Washington, and Long Beach, California, after being fraudulently repackaged as the product of Russia.
State of emergency lifted at airports - Nationmultimedia.com
The state of emergency at Suvarnabhumi and Don Mueang airports was lifted by the caretaker Cabinet yesterday.
- #Bad Behavior has blocked 814 access attempts in the last 7 days.
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