Working Group News

2012-06-04 > All chapters

Analysis: Chinese drivers pose fresh risks for foreign insurers

"People like us who buy Ferraris don't care too much about insurance because we buy cars for speeding," said Li, in his twenties and the son of a Pearl River Delta factory owner, as he took delivery of a new 5 million yuan ($787,500) 458 Spider, his fourth red Ferrari. "If we crash, we just throw them away."

2012-06-01 > All chapters

China's Bank Opening Fails to Inspire

China's pledge to give private capital real access to the nation's lucrative banking sector has triggered more skepticism than excitement, with analysts saying entry barriers remain firmly in place.

2012-06-01 > All chapters

China Must Speed Reform Even as Hard Landing Avoided: Liu

China needs to speed the pace of domestic reform and change its economic model to become less reliant on exports and reduce the impact of crises such as the one roiling Europe, said former banking regulator Liu Mingkang.

2012-05-31 > Beijing

US may levy countervailing duties on wind towers from China

The US Commerce Department Wednesday announced its affirmative preliminary determination in the countervailing duty (CVD) investigation of imports of utility scale wind towers from China, signaling that it may impose punitive duties on these products.

2012-05-29 > Beijing

Construction boom could hinder economic growth

After a slew of economic data for April pointed a worsening downturn, China will soon move to speed up approvals for infrastructure construction and investment in an attempt to revive the country's slowing economy, according to recent statements made by Premier Wen Jiabao.

2012-05-25 > Beijing

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