Economic Finance news

I’m interested in starting a small business in China, and I’m just in the VERY early stages of planning. I’d like to know the average monthly wage of a Chinese worker in various industries. For example, what is the average pay of someone who might work at a bank as a teller, or a receptionist? How about a worker at Starbucks, or an entry level engineer? I’m probing around for ballpark estimates to get a feel of the salaries in China. Ballpark is fine, so long as it avoids order of magnitude errors. Knowing that wage is highly dependent on location, please compare to two cities: Guangzhou and Shanghai, or any city if you don’t know much about those two in particular. I’d like to pay on the higher end if I can afford it.

I mean, do you think these companies stock that are available for purchase on the US stock exchange are shells in that they will not go up while the real company becomes bigger and bigger?
If we were to make money on the company’s stock, would we have to buy the stock on the Shanghai Exchange? Or neither (meaning only the people who invested in the company directly will make the money). Thank you.

The Chinese government is investing a lot of money in several African countries. A lot of these corrupt leaders are off course taking the money. Chinese people are now all over in almost all African countries. Cameroon, Sudan, Ethiopia, Zimbabwe, Tanzania, Zambia etc. They are everywhere. In some African schools students are actually learning to speak and write in Mandarin as an alternative language instead of English.
Do you think this Chinese-African partnership is a good thing or a bad thing? Would you describe it as modern colonialism?http://www.thisislondon.co.uk/news/artic…

I’m worried that in ten to fifteen years, the US dollar might end up virtually worthless because of excessive borrowing and debt by the US government today.
Yet the Chinese economy looks to be a safe bet. Can I possibly create a savings account in a Chinese bank?
Do you know of any bank branches that would allow me to do so?

It is obvious that there is growing concern among top Chinese officials about the the huge quantity that China holds of U.S. Treasury securities. The reluctance to add more to the position is counter-balanced by the fact that China …

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EconomicPolicyJournal.com: Will the Markets Force China's Hand in …

The US State Department released its annual human rights report on China last month, and the results were predictably grim. The report rightly excoriated the Chinese government for its closed and corrupt justice system, …

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Attention Beijing Bashers: Economic Growth Is A Human Right, Too …

Reuters reports that according to two “sources” the Chinese economy grew at a 11.9% rate in Q1, compared to expectations of 11.5%. Of course, the rate of growth is 10 bps below where the economy is considered to be in the official …

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Wealth.net » China Economic Data Now No Longer Just Manipulated …

WASHINGTON — China and the United States should solve their economic and trade differences through consultations on an equal footing and jointly uphold the larger interests of China -US economic cooperation and trade, Chinese President …

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Chinese President Makes First Trip to Washington - NAM

The International Energy Agency said rising oil prices could squeeze economic recovery in the U.S. and other industrialized nations, as it raised its 2010 global oil demand forecast

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Oil prices fall as IEA warns on economic recovery (AFP) | www …

… those awaiting fireworks during Monday’s assembly in between boss Obama as well as Chinese boss Hu Jintao contingency have been disappointed.

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ChinaClip - Mish's Global Economic Trend Analysis: Obama's Tiptoe …