Complexity of China's Economy

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(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).


(2) 中国：北京近千家房产中介关张. VOA Chinese, Nov 8, 2011
http://www.voanews.com/chinese/n ... tate-133434688.html
("北京每个月都有100多家房产中介倒闭")

(3) 中国决定大幅削减铁道建设投资. VOA Chinese, Nov 8, 2011.
http://www.voanews.com/chinese/n ... lway-133428073.html

1st and 2nd paragraphs:

"中国准备大幅减少每年对铁路建设的投资，计划将目前每年大约8千亿元人民币的铁路建设投资减少到每年大约5千亿元人民币。

"中国的铁路建设资金在2008年时为4170亿元人民币。但是自全球金融危机爆发后，中国提出了总额4万亿元人民币的刺激经济计划，因此也大大推动了中国铁路建设的发展。2009年时，中国的铁路建设资金跃升到7050亿元人民币，去年更飙升至8430亿元人民币。

(4) 中国地方债券蓄势待发. VOA Chinese, Nov 8, 2011
http://www.voanews.com/chinese/n ... onds-133422893.html
("分析人士说，允许地方政府公开举债有利于将地方隐性债务负担公开化")

(5) 中国名人促当局改善空气检测方法. BBC Chinese, Nov 8, 2011
http://www.bbc.co.uk/zhongwen/si ... ing_pollution.shtml
("这些名人包括房地产大亨潘石屹、任志强、前谷歌中国的负责人李开复以及演员姚晨等")

(6) Josh China, Increditable! IMF’s Lagarde Joins China’s Top Microblogging Site. China Real Time, Nov 8 2011.
http://blogs.wsj.com/chinarealti ... microblogging-site/
(Sino Weibo)

(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")

(8) Fan Wenxin and Shai Oster, China Credit Squeeze Prompts Suicides. Bloomberg News, Nov 6, 2011
http://www.bloomberg.com/news/20 ... sever-a-finger.html

"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")