Archive for the 'Economics' Category

Teachers strike due to super low wages.

Posted by Trevor Piper on Friday, January 9th, 2009
 
 Standard Podcast [1:35m]: Play Now | Play in Popup | Download


In the afternoon of  the 24th of December last year, thousands of teachers in Chengcheng County of Shaanxi Province collectively went on strike, demanding the local government to pay their salaries and allowances that had been in arrears since July 2007, as well as the implementation of all teachers’ health insurance.
The teachers were from many [...]

Inside China Today – Ten thousand businesses in strife as Wenzhou enters economic downturn

Posted by Daniel Teng on Monday, July 14th, 2008
 
 Wenzhou economic downturn [1:46m]: Play Now | Play in Popup | Download


Due to a range of influential factors such as escalating raw material costs, and unexpected Renminbi exchange rate trends, the most prosperous city in Zhejiang province, Wenzhou, has entered an economic downturn. Approximately twenty percent of businesses have ceased production, or have reduced production by half.

Breaking News – Dangers lurk in Chinese real estate bubble

Posted by Daniel Teng on Tuesday, July 8th, 2008
 
 Plunging housing market [1:24m]: Play Now | Play in Popup | Download


The rise of the real estate market in China has caught the Central Government’s attention over the past two years. In late two thousand and seven, the State Council passed a series of legislation to suppress intentional manipulation of the real estate market, which saw a subsequent fall in property prices.
The market currently faces the [...]

Breaking News – Redundant Guizhou tobacco employees drink poison in protest

Posted by Michael Anderson on Wednesday, July 2nd, 2008
 
 Election for Village Committee at Shunde meets with disruption: Play Now | Play in Popup | Download


On June 30, a group of redundant tobacco employees struggling to live after their factory collapsed have participated in a mass protest after years of appeals falling on deaf ears. The group gathered at a meeting of local officials asking for assistance, but were dispelled with force by officials. 7 of the protestors drank pesticide [...]

Breaking News – Taiwan businessmen complain over limited power in Yangtze River

Posted by Daniel Teng on Tuesday, July 1st, 2008
 
 Electricity Shortage Yangtze [1:44m]: Play Now | Play in Popup | Download


Taiwan businessmen in Zhejiang Mainland China say that Jiashan will prepare to limit power supplies in July, however, the Taiwan-funded enterprises will increase the cost of production.

Breaking News – Communist system continues to harm the economy

Posted by Daniel Teng on Monday, June 23rd, 2008
 
 Communist system economy [2:00m]: Play Now | Play in Popup | Download


In connection with the recent deterioration of the economy situation in mainland, stock and real estate downturn, many industry analysts believe that this related to the Chinese Communist long-standing macroeconomic regulation, control and government intervention.

Breaking News – News of 300 share traders trashing the Shanghai Stock Exchange blocked by Chinese officials

Posted by Michael Anderson on Thursday, June 19th, 2008
 
 News of 300 share traders trashing the Shanghai Stock Exchange blocked by Chinese officials [1:59m]: Play Now | Play in Popup | Download


According to SOH sources, in the afternoon of June 17, over 300 angry share traders in Huangpu, Shanghai trashed computers, monitors and vehicles at the Shanghai Stock Exchange (SSE) after 10 consecutive losses. The situation was controlled by military police but reports of the incident have been taken off most websites.

Breaking News – Victims from Wenchuan County, urgently need to be resettled elsewhere

Posted by Michael Anderson on Thursday, June 19th, 2008
 
 Victims from Wenchuan County, urgently need to be resettled elsewhere [2:09m]: Play Now | Play in Popup | Download


The victims from Wenchuan County (the Sichuan hardest hit disaster area) recently asked the Government for emergency help to resettle them elsewhere, within the request they had referred that the county has no conditions for living, the vast majority of housing are uninhabitable and the mud-rock flows, threaten hill landslides. All facilities were also devastatingly [...]

Breaking News – Communist authorities withhold severity of the disaster and rural areas are left out of rescue and relief actions

Posted by Michael Anderson on Thursday, June 19th, 2008
 
 Communist authorities withhold severity of the disaster and rural areas are left out of rescue and relief actions [2:28m]: Play Now | Play in Popup | Download


According to local residents in Mianyang (a Sichuan earthquake stricken area) up to now some areas have received no relief. The authorities deliberately conceal the casualties of the disaster from the outside world and survivors from the mountainous regions claim their houses are all caved-in, and they have to rely on self-rescue and relief. Virtually [...]

Breaking News – Chinese Communists’ large-scale nuclear base exposed

Posted by Michael Anderson on Thursday, June 19th, 2008
 
 Chinese Communists’ large-scale nuclear base exposed [2:49m]: Play Now | Play in Popup | Download


The Chinese communists’s large-scale 58 medium-range nuclear missile base with a range of up to Russia and India in the northern part of Qinghai Province was recently discovered by an American researcher. His discovery provides the first public glimpse into the CCP operation of mobile ballistic missiles.