Goldman Sachs has turned bullish on China, upgrading its predictions for the country's GDP growth to a startling 8.3 per cent, safely above the 8 percent level that China's government judges to be the minimum necessary to keep the China success story on track...    more »

Remember China's much-vaunted scheme to butter up the west by encouraging investment in foreign capital markets? The Chinese government put its money where its mouth was -- and with disastrous results...   more »

Omnicom Group, the world's leading advertising and marketing services group, sees a bright future for digital marketing in China. So much so that it has launched an executive training programme for digital marketeers with Fudan University in Shanghai...   more »

Despite the current slowdown, China's share of global GDP will grow from 10.8% to 14.7% by 2014, overtaking the euro area to become the world's second largest economy, according to economists at PricewaterhouseCoopers...    more »

Foreign direct investment in China dropped 33% year-on-year to $7.5bn in January. That seemingly precipitous drop in foreign investors' interest in China has to be seen against the very high levels of FDI in recent years and the current credit crunch...    more »

UPS and Shanghai Airport Authority have conducted a formal groundbreaking ceremony for the UPS International Air Hub at Pudong International Airport. The new hub will link all of China via Shanghai to UPS' international network with direct service to the Americas, Europe and Asia...   more »

Foreign investment in China shows few signs of cooling. It reached $5bn in July, a rise of 18% over July 2006, while total foreign investment in the first seven months of 2007 reached almost $37bn, a rise of 13% over the year-earlier period.

The number of new foreign-financed companies approved in July fell 1% from the same month last year to 2,993, the Commerce Ministry said on its Web site.

Technorati : china, economy, government, investment

There has been a flood of coverage in western media about China's cavalier attitude to food safety and the recent scares about contaminated toothpaste and pet food exported from China. Why is it so hard for the government to crack down on exporters of dangerously tainted food or counterfeit products?..   more »

2007 is the "Year of Spain in China" and Spain is pulling out all the stops to promote its culture, language and institutions -- and, of course, Spanish business. While trade links between the two countries have been pretty limited to date, around 300 Spanish companies have now established a presence in China and the Spanish-Chinese business summit, held this week in Beijing, sought to project a more modern image of both countries' economies...   more »

Looking for a Chinese partner? Subscribers to QIN, a new electronic database service from Bureau van Dijk Electronic Publishing (BvDEP), will be spoilt for choice. It covers over 300,000 mainly private Chinese companies , providing financial data and detailed information on ownership and corporate structure...    more »