BusinessWeek, Jan 9

choi

(1) China's 'Demographic Tsunami;' The one-child policy makes caring for the elderly a looming concern. Bloomberg BusinessWeek, Jan 9, 2012 (cover date)
http://www.businessweek.com/maga ... +-+global+economics
(the government pays a monthly fee of 2,000 yuan ($315) to house a 90-year-old Beijinger Wang Fuchuan, which is "relatively rare." His 200-yuan pension buys food.)

Quote: "Some foreign companies are jumping into the business. China Senior Care, a venture with U.S. backers, is building a 64-bed assisted-living center in Hangzhou for those who can pay more than 30,000 yuan per month. Right at Home, an Omaha company that introduced home-care franchises to China in June * * * charges about 100 yuan per hour of service from caregivers able to handle everything from vacuuming to CPR.

(2) Bruce Eihorn, China Mobile Pays a Price for Being First; The country's leading cellular company is saddled with unpopular technology. Bloomberg BusinessWeek, Jan 9, 2012
http://www.businessweek.com/maga ... l_news+-+technology
("China Mobile’s slide is in part the government’s doing. When Beijing issued 3G licenses in 2009, it forced the national champion to use a locally developed technology called TD-SCDMA. Chinese regulators hoped the homegrown standard would give an advantage to domestic technologists while reducing royalty payments for foreign-owned patents. But in a nod to practicality, the same year they let China Unicom and China Telecom start building their 3G networks using the world’s two most common standards")

Note:
(a) The report says, "China Mobile has 40 percent of the [China's] market, but many of its 3G customers use fixed-line handsets instead of mobile phones to access the network, making them less valuable because they don’t use data."

(i) For "fixed-line," see landline
http://en.wikipedia.org/wiki/Landline
(landline (or land phone or main line or fixed-line) refers to a telephone line which travels through a solid medium, either metal wire or optical fibre, as distinguished from a mobile cellular line, where transmission is via radio waves)
(ii) handset
http://en.wikipedia.org/wiki/Handset
(b) TD-SCDMA: Time Division Synchronous Code Division Multiple Access
(c) TD-LTE: Time Division Long-Term Evolution ("China's home-grown 4-G mobile-telecommunications technology and standard co-developed, since late 2007": Wikipedia)   

(3) Trouble in China's Paradise; The real estate market on resort island Hainan stalls. Bloomberg BusinessWeek, Jan 9, 2012 (from Bloomberg News)
http://www.businessweek.com/maga ... rkets+&+finance

Quote:

"In November, average residential property prices in Sanya were 28 percent below their record high of 2,979 yuan ($473) per square foot reached in December 2010, according to Centaline Property Agency, China’s biggest real estate brokerage. Sales fell 52 percent in October from last year, to 393,450 square feet.

Huang Yiping, a Hong Kong-based economist for Barclays Capital Research "forecast China’s nationwide home prices will fall by 10 percent to 30 percent this year.

Note: The "all-out" in "an all-out crash" is an adjective that means:
"1: made with maximum effort : THOROUGHGOING <an all–out effort to win the contest>
2: FULL-BLOWN"
www.m-w.com