标题: Complexity of China's Economy [打印本页] 作者: choi 时间: 11-8-2011 12:08 标题: Complexity of China's Economy (1) Keith Bradsher, Feeling the Pinch; China's small businessese find loans are out of reach. New York Times, Nov 8, 2011 http://www.nytimes.com/2011/11/0 ... sq=china&st=cse
(a) Excerpt in the window of the print: Consumer inflation has been slowly subsiding in China, offcials report
(b) Quote:
"Beijing’s solution [to stimulus hangover]: Create an artificial shortage of credit.
"The policy makers’ principal goal is to tamp down inflation * * * prices have stubbornly remained about 6 percent higher this autumn than a year ago for consumers based on official gauges — and up to twice that by the estimate of many private economists.
"While many business people are dismayed by the scant availability of credit, they are also painfully aware of inflation. Rapid economic growth has exposed shortages, particularly labor shortages, and sent prices soaring.
(c) Note:
(i) Wuxi Zontai International Corporation 无锡市中泰国际贸易有限公司 http://www.wxzt.com
The web sit eprovides no information.
(ii) Tennon Frame 洛阳市富宁木业有限公司 www.tennon-frame.com
, which moved manufacturing from Shenzhen while keeping the latter as trader 深圳市鑫天隆画框有限公司 (both Chinese identities share the same English name).
(7) Tom Orlik, Pork Predicts China’s Future. China Real Time, Nov 8 2011 http://blogs.wsj.com/chinarealti ... a%e2%80%99s-future/
("Advance data on pork and other agricultural products shows price rises beginning to slow down in October. * * * The median forecast of 12 economists surveyed by Dow Jones is for inflation to drop to 5.4% year-to-year, down from 6.1% in September")
"The city [Wenzhou] is now the country’s biggest source of private capital, marshaling about 800 billion yuan, equivalent to 2 percent of China’s total economic output, according to Ren [Xianfang] of IHS Global. Money from Wenzhou is invested in everything from real estate in Dubai to coal mines in Shanxi province, in China’s northwest.
Note:
(a) ZHONG Maojin/ Blue Sky Pharmacy 钟茂进/ 蓝天大药房
(He is one of the big bosses who ran away but returned, tough THIS report does not say so.)
(b) Lucheng District of Wenzhou 浙江省温州市 鹿城区
(c) clack (vi; of imitative origin): "to make an abrupt striking sound or series of sounds" www.m-w.com
(d) tranche (n; French literally "slice")