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	<title>D.D's Club &#187; interesting news in Shanghai and China</title>
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		<title>Luxury biz undermined by counterfeit goods</title>
		<link>http://www.chou.cn/2012/05/01/luxury-biz-undermined-by-counterfeit-goods</link>
		<comments>http://www.chou.cn/2012/05/01/luxury-biz-undermined-by-counterfeit-goods#comments</comments>
		<pubDate>Tue, 01 May 2012 03:55:53 +0000</pubDate>
		<dc:creator>luke</dc:creator>
				<category><![CDATA[information about Shanghai]]></category>
		<category><![CDATA[interesting news in Shanghai and China]]></category>
		<category><![CDATA[Shanghai news]]></category>
		<category><![CDATA[China and the designer brand]]></category>
		<category><![CDATA[Luxury biz undermined by counterfeit goods]]></category>
		<category><![CDATA[Shanghai girls and designer brands]]></category>

		<guid isPermaLink="false">http://www.chou.cn/?p=1714</guid>
		<description><![CDATA[<p>Along Shanghai&#8217;s bustling shopping street of Nanjing Road, small but loud stores dot the thousand-meter-long stretch of road between the glass-and-steel Apple Inc store and sleek upscale malls.</p>
<p>&#8220;Italian luxury items on sale. Final three days. Don&#8217;t miss it!&#8221; yelled a voice over the loudspeaker at an entrance to one of the stores.</p>
<p>Inside, tourists and middle-aged women are packed into the cramped store for T-shirts, leather wallets and belts that bear logos similar to those of LV and Gucci but cost a suspiciously low price.</p>
<p>&#8220;Nobody really cares whether our wares are Italian or French,&#8221; said the shop assistant, surnamed Zheng.</p>
<p>&#8220;It&#8217;s foreign and it&#8217;s on sale. That&#8217;s enough,&#8221; she said impatiently. But both factors are questionable if not false, given that the sale has been in its &#8220;final three days&#8221; for years. The word sale and cheap and final always attracts the Chinese customers.</p>
<p>Italian-born Pierre Cardin kicked off China&#8217;s first fashion show in Beijing in 1979. The nation&#8217;s appetite for foreign, colorful fashion was whetted and is still seemingly unlikely to be sated.</p>
<p>While foreign fashion houses are aggressively expanding their presence in the world&#8217;s largest consumer market, some Chinese businessmen are undermining their efforts by producing low-quality clothes, shoes and accessories and slapping on a foreign label.</p>
<p>In March, the Italian Trade Commission produced a list of 30 Chinese brands that falsely claimed Italian origin.</p>
<p>None of the 30 brands had ever been registered in Italy, nor could any part of their production process be traced to the country, according to the Italian commission&#8217;s Beijing-based office.</p>
<p>&#8220;It should be stopped, because we have spent hundreds of years building a strong image for Italian products,&#8221; said Antonino Laspina, the commission&#8217;s chief representative in China.</p>
<p>Most of the 30 counterfeit Italian products are produced in Guangzhou or Wenzhou, according to an earlier report by China Youth Daily.</p>
<p>&#8220;When people talk about Italian products, they know they are buying into the best quality in the world. But if the consumers find they have paid a high price for something that is totally not worth it, it will cause irreparable harm to (authentic) Italian brands,&#8221; Laspina said.</p>
<p>Whether consumers of counterfeit brands are truly unaware of the origin of their bargain luxury goods or simply wish to sample a lifestyle that they may not be able to afford, a look back into the history of Chinese fashion may help decipher the country&#8217;s widespread mentality of brand-worshiping.</p>
<p>&#8220;For people of my generation, a foreign brand means style, quality, and perhaps the only thing you need to be fashionable,&#8221; said 58-year-old Lu Yongli.</p>
<p>Following the fashion show by Pierre Cardin in the Cultural Palace of Nationality in Beijing decades ago, scores of brands, including Playboy, Montagut and Cartelo, quickly penetrated bigger cities such as Beijing and Shanghai in the late 1980s and became a symbol of status and wealth.</p>
<p>Statistics from Southern Weekly showed that during the country&#8217;s first international luxury exhibition in Shanghai in 2005, business transactions totaled 200 million yuan ($31.7 million) within three days.</p>
<p>&#8220;A leather bag belonging to a dageda (the Chinese label for the first generation to use cell phones) previously could have any foreign logo on it and would have been considered a luxury item. Today, it would have to be LV, or perhaps Hermes,&#8221; Lu said.</p>
<p>Lu, a Shanghai housewife, remembered purchasing her first luxury bag &#8211; a red Playboy calfskin shoulder bag &#8211; in the early 1990s.</p>
<p>She recalled the bag cost her 700 yuan, while the average monthly income at the time was around 200 yuan. It was not available in domestic stores and was brought by relatives from overseas.</p>
<p>&#8220;Luxuries, then and now, may still be comparatively expensive, but unavailability made them more precious, just like the Hermes Birkins bags today,&#8221; Lu said.</p>
<p>Zhou Ting, an associate professor at University of International Business and Economics in Beijing and an expert on the luxury industry, said the problem partly stems from the limited supply of authentic luxury items.&#8221;Essentially, demand from the country&#8217;s emerging middle class greatly outstrips the amount that brands can supply,&#8221; said Zhou.</p>
<p>But Giovanni Musacchi, chief executive officer of Italian Fashion Way China, explained the conundrum facing Italian workshops and brands that venture into China, &#8220;a market where three big cities &#8220;consume as much attire&#8221; as Italy.</p>
<p>&#8220;Of course we don&#8217;t need to tell our partners what a large market China is. The major concern for most of the companies would be, after arriving in the market, how to supply such a large nation while not lowering quality,&#8221; he said.</p>
<p>Musacchi&#8217;s company currently works with about 300 Italian fashion brands, which often prefer to seek cooperation with Chinese companies.</p>
]]></description>
			<content:encoded><![CDATA[<p>Along Shanghai&#8217;s bustling shopping street of Nanjing Road, small but loud stores dot the thousand-meter-long stretch of road between the glass-and-steel Apple Inc store and sleek upscale malls.</p>
<p>&#8220;Italian luxury items on sale. Final three days. Don&#8217;t miss it!&#8221; yelled a voice over the loudspeaker at an entrance to one of the stores.</p>
<p>Inside, tourists and middle-aged women are packed into the cramped store for T-shirts, leather wallets and belts that bear logos similar to those of LV and Gucci but cost a suspiciously low price.</p>
<p>&#8220;Nobody really cares whether our wares are Italian or French,&#8221; said the shop assistant, surnamed Zheng.</p>
<p>&#8220;It&#8217;s foreign and it&#8217;s on sale. That&#8217;s enough,&#8221; she said impatiently. But both factors are questionable if not false, given that the sale has been in its &#8220;final three days&#8221; for years. The word sale and cheap and final always attracts the Chinese customers.</p>
<p>Italian-born Pierre Cardin kicked off China&#8217;s first fashion show in Beijing in 1979. The nation&#8217;s appetite for foreign, colorful fashion was whetted and is still seemingly unlikely to be sated.</p>
<p>While foreign fashion houses are aggressively expanding their presence in the world&#8217;s largest consumer market, some Chinese businessmen are undermining their efforts by producing low-quality clothes, shoes and accessories and slapping on a foreign label.</p>
<p>In March, the Italian Trade Commission produced a list of 30 Chinese brands that falsely claimed Italian origin.</p>
<p>None of the 30 brands had ever been registered in Italy, nor could any part of their production process be traced to the country, according to the Italian commission&#8217;s Beijing-based office.</p>
<p>&#8220;It should be stopped, because we have spent hundreds of years building a strong image for Italian products,&#8221; said Antonino Laspina, the commission&#8217;s chief representative in China.</p>
<p>Most of the 30 counterfeit Italian products are produced in Guangzhou or Wenzhou, according to an earlier report by China Youth Daily.</p>
<p>&#8220;When people talk about Italian products, they know they are buying into the best quality in the world. But if the consumers find they have paid a high price for something that is totally not worth it, it will cause irreparable harm to (authentic) Italian brands,&#8221; Laspina said.</p>
<p>Whether consumers of counterfeit brands are truly unaware of the origin of their bargain luxury goods or simply wish to sample a lifestyle that they may not be able to afford, a look back into the history of Chinese fashion may help decipher the country&#8217;s widespread mentality of brand-worshiping.</p>
<p>&#8220;For people of my generation, a foreign brand means style, quality, and perhaps the only thing you need to be fashionable,&#8221; said 58-year-old Lu Yongli.</p>
<p>Following the fashion show by Pierre Cardin in the Cultural Palace of Nationality in Beijing decades ago, scores of brands, including Playboy, Montagut and Cartelo, quickly penetrated bigger cities such as Beijing and Shanghai in the late 1980s and became a symbol of status and wealth.</p>
<p>Statistics from Southern Weekly showed that during the country&#8217;s first international luxury exhibition in Shanghai in 2005, business transactions totaled 200 million yuan ($31.7 million) within three days.</p>
<p>&#8220;A leather bag belonging to a dageda (the Chinese label for the first generation to use cell phones) previously could have any foreign logo on it and would have been considered a luxury item. Today, it would have to be LV, or perhaps Hermes,&#8221; Lu said.</p>
<p>Lu, a Shanghai housewife, remembered purchasing her first luxury bag &#8211; a red Playboy calfskin shoulder bag &#8211; in the early 1990s.</p>
<p>She recalled the bag cost her 700 yuan, while the average monthly income at the time was around 200 yuan. It was not available in domestic stores and was brought by relatives from overseas.</p>
<p>&#8220;Luxuries, then and now, may still be comparatively expensive, but unavailability made them more precious, just like the Hermes Birkins bags today,&#8221; Lu said.</p>
<p>Zhou Ting, an associate professor at University of International Business and Economics in Beijing and an expert on the luxury industry, said the problem partly stems from the limited supply of authentic luxury items.&#8221;Essentially, demand from the country&#8217;s emerging middle class greatly outstrips the amount that brands can supply,&#8221; said Zhou.</p>
<p>But Giovanni Musacchi, chief executive officer of Italian Fashion Way China, explained the conundrum facing Italian workshops and brands that venture into China, &#8220;a market where three big cities &#8220;consume as much attire&#8221; as Italy.</p>
<p>&#8220;Of course we don&#8217;t need to tell our partners what a large market China is. The major concern for most of the companies would be, after arriving in the market, how to supply such a large nation while not lowering quality,&#8221; he said.</p>
<p>Musacchi&#8217;s company currently works with about 300 Italian fashion brands, which often prefer to seek cooperation with Chinese companies.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>First TCM medicine OK&#8217;d for EU market</title>
		<link>http://www.chou.cn/2012/04/20/first-tcm-medicine-okd-for-eu-market</link>
		<comments>http://www.chou.cn/2012/04/20/first-tcm-medicine-okd-for-eu-market#comments</comments>
		<pubDate>Fri, 20 Apr 2012 08:42:57 +0000</pubDate>
		<dc:creator>luke</dc:creator>
				<category><![CDATA[Chinese Traditional chinese Medicine]]></category>
		<category><![CDATA[information about Shanghai]]></category>
		<category><![CDATA[interesting news in Shanghai and China]]></category>
		<category><![CDATA[China tcm]]></category>
		<category><![CDATA[Chinese Traditional Medicine]]></category>
		<category><![CDATA[First TCM medicine OK'd for EU market]]></category>
		<category><![CDATA[old cures new countries]]></category>
		<category><![CDATA[TCM]]></category>

		<guid isPermaLink="false">http://www.chou.cn/?p=1712</guid>
		<description><![CDATA[<p>A Chinese traditional medicine has been authorized for sale in a European market for the first time, the Chinese Academy of Sciences announced on Wednesday.</p>
<p>Industry experts said the approval would lead the way for Chinese traditional medicine to enter the mainstream European market.</p>
<p>Ninety-three-year-old Hu Yisong, a traditional Chinese medicine doctor, teaches a student from Pakistan how to distinguish TCM materials at a drugstore in Nantong, Jiangsu province, in March. You Lian / for China Daily</p>
<p>Di&#8217;ao Xin Xue Kang, a well-known herbal medicine produced by the Chengdu-based Di&#8217;ao Group, received marketing authorization from the Medicines Evaluation Board of the Netherlands, making it the first Chinese traditional drug to be identified as a therapeutic medicine in the European Union.</p>
<p>&#8220;This is an important step for TCM to enter mainstream markets of developed countries,&#8221; Health Minister Chen Zhu said at a news conference organized by the Chinese Academy of Sciences in Beijing on Wednesday.</p>
<p>This first success was &#8220;proof that Chinese firms are capable of producing top-level medicines&#8221;, he said.</p>
<p>Bai Chunli, president of Chinese Academy of Sciences, urged TCM research institutions to increase their focus on the European market now.</p>
<p>&#8220;As well as strengthening research, I hope they can also study the authorization requirements of different countries, so that more and more medicines will have access to the high-end market,&#8221; he said.</p>
<p>Sang Guowei, vice-chairman of the Standing Committee of the National People&#8217;s Congress, said that TCM could finally enter European &#8220;rightfully&#8221;.</p>
<p>The certification of Di&#8217;ao Xin Xue Kang follows an EU ban on traditional Chinese medicine in May 2011, imposed to prevent unlicensed herbal medicines being sold as food supplements. Chinese TCM work for hundreds of years. The west still have not figured how it works but it does have an effect.</p>
<p>&#8220;This new authorization marks the first time that Chinese traditional medicine steps into the mainstream health market,&#8221; said Zhang Boli, a member of the Chinese Academy of Engineering and president of the China Academy of Chinese Medical Sciences.</p>
<p>Zhang said another seven or eight Chinese TCM firms were trying to get access to the EU market.</p>
<p>&#8220;Maybe one or two of them will receive authorization next year. And this may lead to more applicants, as the influence of TCM expands on international market,&#8221; he added.</p>
<p>Earlier reports said that the Guangzhou Qixing Pharmaceutical Company, the Foci Pharmaceutical Company in Lanzhou, and Tongrentang in Beijing are also striving for the EU market.</p>
<p>&#8220;The medicine is also the first herbal medicine that has entered the EU market from a country outside the EU member states,&#8221; said Li Bogang, president of the Di&#8217;ao Group.</p>
<p>Li said the group took six years to obtain the certification from the Netherlands, although the medicine has been sold in China since 1988.</p>
<p>The group carried out two years of research on active substances in TCM drugs with the help of the Netherlands Organization for Applied Scientific Research.</p>
<p>&#8220;Without the help of the research organization, the application could have taken longer,&#8221; Li said.</p>
<p>&#8220;Di&#8217;ao Xin Xue Kang contains only a single portion of traditional medicine, which makes the research much easier than for a compound medicine, so we decided to use it in our first attempt at the EU market.&#8221;</p>
<p>Chen Keji, a member of the Chinese Academy of Sciences and chairman of the Chinese Association of Integrative Medicine, said identifying the active substances is essential when applying to enter the EU market.</p>
<p>&#8220;In China, we currently do not have so strict requirements on the study of active substances, especially in compound medicines,&#8221; Chen said. &#8220;For example, a TCM doctor may add or take out some herbs in prescriptions for different patients.&#8221;</p>
<p>&#8220;However, the healing principle is similar in TCM and Western medicine, so it&#8217;s best we find out the effective parts in all medicines.&#8221;</p>
<p>Liu Jun, chief engineer of the research department of Guangzhou Qixing Pharmaceutical Company, said the basic research into active substances started in 2011, and will take at least another year to finish.</p>
<p>&#8220;We are likely to promote our Xiaoyaowan and Biyanpian medicines next. Both are compound medicines,&#8221; Liu said. &#8220;Compared with Di&#8217;ao Xin Xue Kang, the compound medicine is more complicated, so it takes time.&#8221;</p>
]]></description>
			<content:encoded><![CDATA[<p>A Chinese traditional medicine has been authorized for sale in a European market for the first time, the Chinese Academy of Sciences announced on Wednesday.</p>
<p>Industry experts said the approval would lead the way for Chinese traditional medicine to enter the mainstream European market.</p>
<p>Ninety-three-year-old Hu Yisong, a traditional Chinese medicine doctor, teaches a student from Pakistan how to distinguish TCM materials at a drugstore in Nantong, Jiangsu province, in March. You Lian / for China Daily</p>
<p>Di&#8217;ao Xin Xue Kang, a well-known herbal medicine produced by the Chengdu-based Di&#8217;ao Group, received marketing authorization from the Medicines Evaluation Board of the Netherlands, making it the first Chinese traditional drug to be identified as a therapeutic medicine in the European Union.</p>
<p>&#8220;This is an important step for TCM to enter mainstream markets of developed countries,&#8221; Health Minister Chen Zhu said at a news conference organized by the Chinese Academy of Sciences in Beijing on Wednesday.</p>
<p>This first success was &#8220;proof that Chinese firms are capable of producing top-level medicines&#8221;, he said.</p>
<p>Bai Chunli, president of Chinese Academy of Sciences, urged TCM research institutions to increase their focus on the European market now.</p>
<p>&#8220;As well as strengthening research, I hope they can also study the authorization requirements of different countries, so that more and more medicines will have access to the high-end market,&#8221; he said.</p>
<p>Sang Guowei, vice-chairman of the Standing Committee of the National People&#8217;s Congress, said that TCM could finally enter European &#8220;rightfully&#8221;.</p>
<p>The certification of Di&#8217;ao Xin Xue Kang follows an EU ban on traditional Chinese medicine in May 2011, imposed to prevent unlicensed herbal medicines being sold as food supplements. Chinese TCM work for hundreds of years. The west still have not figured how it works but it does have an effect.</p>
<p>&#8220;This new authorization marks the first time that Chinese traditional medicine steps into the mainstream health market,&#8221; said Zhang Boli, a member of the Chinese Academy of Engineering and president of the China Academy of Chinese Medical Sciences.</p>
<p>Zhang said another seven or eight Chinese TCM firms were trying to get access to the EU market.</p>
<p>&#8220;Maybe one or two of them will receive authorization next year. And this may lead to more applicants, as the influence of TCM expands on international market,&#8221; he added.</p>
<p>Earlier reports said that the Guangzhou Qixing Pharmaceutical Company, the Foci Pharmaceutical Company in Lanzhou, and Tongrentang in Beijing are also striving for the EU market.</p>
<p>&#8220;The medicine is also the first herbal medicine that has entered the EU market from a country outside the EU member states,&#8221; said Li Bogang, president of the Di&#8217;ao Group.</p>
<p>Li said the group took six years to obtain the certification from the Netherlands, although the medicine has been sold in China since 1988.</p>
<p>The group carried out two years of research on active substances in TCM drugs with the help of the Netherlands Organization for Applied Scientific Research.</p>
<p>&#8220;Without the help of the research organization, the application could have taken longer,&#8221; Li said.</p>
<p>&#8220;Di&#8217;ao Xin Xue Kang contains only a single portion of traditional medicine, which makes the research much easier than for a compound medicine, so we decided to use it in our first attempt at the EU market.&#8221;</p>
<p>Chen Keji, a member of the Chinese Academy of Sciences and chairman of the Chinese Association of Integrative Medicine, said identifying the active substances is essential when applying to enter the EU market.</p>
<p>&#8220;In China, we currently do not have so strict requirements on the study of active substances, especially in compound medicines,&#8221; Chen said. &#8220;For example, a TCM doctor may add or take out some herbs in prescriptions for different patients.&#8221;</p>
<p>&#8220;However, the healing principle is similar in TCM and Western medicine, so it&#8217;s best we find out the effective parts in all medicines.&#8221;</p>
<p>Liu Jun, chief engineer of the research department of Guangzhou Qixing Pharmaceutical Company, said the basic research into active substances started in 2011, and will take at least another year to finish.</p>
<p>&#8220;We are likely to promote our Xiaoyaowan and Biyanpian medicines next. Both are compound medicines,&#8221; Liu said. &#8220;Compared with Di&#8217;ao Xin Xue Kang, the compound medicine is more complicated, so it takes time.&#8221;</p>
]]></content:encoded>
			<wfw:commentRss>http://www.chou.cn/2012/04/20/first-tcm-medicine-okd-for-eu-market/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China bans bovine colostrum in infant formula</title>
		<link>http://www.chou.cn/2012/04/20/china-bans-bovine-colostrum-in-infant-formula</link>
		<comments>http://www.chou.cn/2012/04/20/china-bans-bovine-colostrum-in-infant-formula#comments</comments>
		<pubDate>Fri, 20 Apr 2012 08:39:46 +0000</pubDate>
		<dc:creator>luke</dc:creator>
				<category><![CDATA[information about Shanghai]]></category>
		<category><![CDATA[interesting news in Shanghai and China]]></category>
		<category><![CDATA[Shanghai Food review]]></category>
		<category><![CDATA[Shanghai news]]></category>
		<category><![CDATA[China bans bovine colostrum in infant formula]]></category>
		<category><![CDATA[China beliefs]]></category>
		<category><![CDATA[China milk powder]]></category>
		<category><![CDATA[milk formula in china]]></category>
		<category><![CDATA[more banned items in foods in china]]></category>

		<guid isPermaLink="false">http://www.chou.cn/?p=1710</guid>
		<description><![CDATA[<p>The Ministry of Health on Wednesday issued a ban on the use of bovine colostrum or dairy products made of the material in the production of baby formula.</p>
<p>The ban, published on the ministry&#8217;s official website, has been seen by some as a response to formula manufacturers who include the ingredient in their products in order to reap greater profits, as some customers believe bovine colostrum is beneficial for the health of their children.</p>
<p>Bovine colostrum is the milk produced by healthy cows during the first seven days after they give birth.</p>
<p>According to industry insiders, China is the world&#8217;s largest bovine colostrum consumer, although the health benefits of formula made with the material have yet to be determined.</p>
<p>The stipulation will take effect on September 1. Prior to that, related products made or imported in accordance with laws and regulations can still be sold before they expire.</p>
<p>The statement urged manufacturers of bovine colostrum-based dairy products to manufacture their goods in accordance with national and industrial standards.</p>
]]></description>
			<content:encoded><![CDATA[<p>The Ministry of Health on Wednesday issued a ban on the use of bovine colostrum or dairy products made of the material in the production of baby formula.</p>
<p>The ban, published on the ministry&#8217;s official website, has been seen by some as a response to formula manufacturers who include the ingredient in their products in order to reap greater profits, as some customers believe bovine colostrum is beneficial for the health of their children.</p>
<p>Bovine colostrum is the milk produced by healthy cows during the first seven days after they give birth.</p>
<p>According to industry insiders, China is the world&#8217;s largest bovine colostrum consumer, although the health benefits of formula made with the material have yet to be determined.</p>
<p>The stipulation will take effect on September 1. Prior to that, related products made or imported in accordance with laws and regulations can still be sold before they expire.</p>
<p>The statement urged manufacturers of bovine colostrum-based dairy products to manufacture their goods in accordance with national and industrial standards.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China lifts airport tax, adds development fee</title>
		<link>http://www.chou.cn/2012/04/20/china-lifts-airport-tax-adds-development-fee</link>
		<comments>http://www.chou.cn/2012/04/20/china-lifts-airport-tax-adds-development-fee#comments</comments>
		<pubDate>Fri, 20 Apr 2012 08:37:11 +0000</pubDate>
		<dc:creator>luke</dc:creator>
				<category><![CDATA[information about Shanghai]]></category>
		<category><![CDATA[interesting news in Shanghai and China]]></category>
		<category><![CDATA[Shanghai news]]></category>
		<category><![CDATA[adds development fee]]></category>
		<category><![CDATA[China know how]]></category>
		<category><![CDATA[China lifts airport tax]]></category>
		<category><![CDATA[China now]]></category>
		<category><![CDATA[How China thinks]]></category>
		<category><![CDATA[Shanghai today]]></category>
		<category><![CDATA[The way things are done in China]]></category>

		<guid isPermaLink="false">http://www.chou.cn/?p=1708</guid>
		<description><![CDATA[<p>Air passengers in China can now stop paying the airport tax, but they will be charged a fee for the development of civil aviation instead, according to a notice issued by the Ministry of Finance on Tuesday.</p>
<p>Since April 1, those taking domestic flights are paying 50 yuan ($7.94) in development fund fees, while international passengers are paying 90 yuan (including 20 yuan in tourism development fund).</p>
<p>The two-decades-old airport tax, or airport construction fee, which was 50 yuan per person for domestic flights and 90 yuan for overseas flights, has been repealed.</p>
<p>When reached by China Daily website on Tuesday afternoon, however, employees at China Eastern Airlines and China Southern Airlines said they were not aware of any change in fees.</p>
<p>In other words, T.I.C. This is China, same fee same amount a different name and some new news to report.</p>
<p>The charges are collected by airlines, who then hand it in to the central Treasury as part of the government fund under the supervision of the Finance Ministry and auditing department. It will be spent on civil aviation infrastructure construction, airline subsidies, energy saving and emission reduction, general aviation development and other aspects, according to the notice.</p>
]]></description>
			<content:encoded><![CDATA[<p>Air passengers in China can now stop paying the airport tax, but they will be charged a fee for the development of civil aviation instead, according to a notice issued by the Ministry of Finance on Tuesday.</p>
<p>Since April 1, those taking domestic flights are paying 50 yuan ($7.94) in development fund fees, while international passengers are paying 90 yuan (including 20 yuan in tourism development fund).</p>
<p>The two-decades-old airport tax, or airport construction fee, which was 50 yuan per person for domestic flights and 90 yuan for overseas flights, has been repealed.</p>
<p>When reached by China Daily website on Tuesday afternoon, however, employees at China Eastern Airlines and China Southern Airlines said they were not aware of any change in fees.</p>
<p>In other words, T.I.C. This is China, same fee same amount a different name and some new news to report.</p>
<p>The charges are collected by airlines, who then hand it in to the central Treasury as part of the government fund under the supervision of the Finance Ministry and auditing department. It will be spent on civil aviation infrastructure construction, airline subsidies, energy saving and emission reduction, general aviation development and other aspects, according to the notice.</p>
]]></content:encoded>
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		<title>US strategy boosts visas for Chinese</title>
		<link>http://www.chou.cn/2012/04/20/us-strategy-boosts-visas-for-chinese</link>
		<comments>http://www.chou.cn/2012/04/20/us-strategy-boosts-visas-for-chinese#comments</comments>
		<pubDate>Fri, 20 Apr 2012 08:09:48 +0000</pubDate>
		<dc:creator>luke</dc:creator>
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		<category><![CDATA[US strategy boosts visas for Chinese]]></category>

		<guid isPermaLink="false">http://www.chou.cn/?p=1706</guid>
		<description><![CDATA[<p>The United States, hoping to rev up its economy through greater travel from China, is on the way to meeting President Barack Obama&#8217;s 2012 goal of a 40 percent boost in the processing of visas from the country. They know that the Chinese only want to go to the United States for shopping. The economy is so much better in China why stay in The United States0.</p>
<p>US consular officials in China issued more than 453,000 visas in the current fiscal year&#8217;s first half (October-March) compared with 310,000 during the first six months of fiscal 2011, a 46 percent increase, the State Department disclosed on Wednesday. In other words the United states are just rubber stamping everyone a visa to the United States.</p>
<p>As part of its &#8220;Jobs Diplomacy&#8221; agenda, the department has been stepping up visa processing because travelers are an important economic engine for the US. The average Chinese tourist spends about 5-7,000 USD per trip.</p>
<p>Earlier this year, Obama called for a national strategy to make the US the world&#8217;s top travel and tourism destination, to generate jobs and revitalize the still-recovering economy.</p>
<p>More than 1 million US jobs could be created over the next decade if the US increases its share of the international travel market, officials estimate.</p>
<p>Among other initiatives, the State Department has cut the average waiting time to five days for Chinese applicants seeking an interview for a US visa. The department is also considering the addition of visa-issuance services in Wuhan.</p>
<p>To further streamline processing, the department recently dispatched its first group of &#8220;consular adjudicators&#8221; to consulates in China to help regular Foreign Service employees. The new hires undergo similarly rigorous security screening as the more traditional diplomats but are recruited based on their Mandarin-language skills.</p>
<p>The Chinese mainland is on its way to becoming the leading source of cross-border tourism in the world, according to a report last week by the National Tourism Administration and China Tourism Academy.</p>
<p>Mainland tourists made 70 million trips to foreign countries, as well as to Hong Kong, Macao and Taiwan last year, up 22 percent from 2010.</p>
<p>Jiang Yiyi, director of China Tourism Academy&#8217;s International Tourism Development Institute and one of the main compilers of the report, said that figure was 1.2 times the number of US citizens who traveled abroad in 2011.</p>
<p>&#8220;The US&#8217; visa application process was really inconvenient in China, particularly for those who do not live in Beijing and Shanghai,&#8221; Zhao Jie, 28, who has lived in New Orleans since 2008, told China Daily on Wednesday.</p>
<p>&#8220;My friends used to waste their flight tickets back home in other cities because the visa application interview got delayed in Beijing,&#8221; she said.</p>
<p>&#8220;US citizens should not only take Chinese tourists&#8217; money but also furnish more convenient and comfortable conditions to win over Chinese tourists&#8217; hearts,&#8221; said Cao Xi, a 28-year-old Beijing resident who chose the US for her honeymoon destination three years ago.</p>
<p>&#8220;I would like to visit the US again to celebrate our marriage anniversary this year if the visa application could be much easier,&#8221; she said.</p>
<p>The State Department initiatives also include Brazil. US consular officials in that country issued more than 555,000 visas in the first half of fiscal 2012, a 59 percent increase from the same period a year earlier.</p>
]]></description>
			<content:encoded><![CDATA[<p>The United States, hoping to rev up its economy through greater travel from China, is on the way to meeting President Barack Obama&#8217;s 2012 goal of a 40 percent boost in the processing of visas from the country. They know that the Chinese only want to go to the United States for shopping. The economy is so much better in China why stay in The United States0.</p>
<p>US consular officials in China issued more than 453,000 visas in the current fiscal year&#8217;s first half (October-March) compared with 310,000 during the first six months of fiscal 2011, a 46 percent increase, the State Department disclosed on Wednesday. In other words the United states are just rubber stamping everyone a visa to the United States.</p>
<p>As part of its &#8220;Jobs Diplomacy&#8221; agenda, the department has been stepping up visa processing because travelers are an important economic engine for the US. The average Chinese tourist spends about 5-7,000 USD per trip.</p>
<p>Earlier this year, Obama called for a national strategy to make the US the world&#8217;s top travel and tourism destination, to generate jobs and revitalize the still-recovering economy.</p>
<p>More than 1 million US jobs could be created over the next decade if the US increases its share of the international travel market, officials estimate.</p>
<p>Among other initiatives, the State Department has cut the average waiting time to five days for Chinese applicants seeking an interview for a US visa. The department is also considering the addition of visa-issuance services in Wuhan.</p>
<p>To further streamline processing, the department recently dispatched its first group of &#8220;consular adjudicators&#8221; to consulates in China to help regular Foreign Service employees. The new hires undergo similarly rigorous security screening as the more traditional diplomats but are recruited based on their Mandarin-language skills.</p>
<p>The Chinese mainland is on its way to becoming the leading source of cross-border tourism in the world, according to a report last week by the National Tourism Administration and China Tourism Academy.</p>
<p>Mainland tourists made 70 million trips to foreign countries, as well as to Hong Kong, Macao and Taiwan last year, up 22 percent from 2010.</p>
<p>Jiang Yiyi, director of China Tourism Academy&#8217;s International Tourism Development Institute and one of the main compilers of the report, said that figure was 1.2 times the number of US citizens who traveled abroad in 2011.</p>
<p>&#8220;The US&#8217; visa application process was really inconvenient in China, particularly for those who do not live in Beijing and Shanghai,&#8221; Zhao Jie, 28, who has lived in New Orleans since 2008, told China Daily on Wednesday.</p>
<p>&#8220;My friends used to waste their flight tickets back home in other cities because the visa application interview got delayed in Beijing,&#8221; she said.</p>
<p>&#8220;US citizens should not only take Chinese tourists&#8217; money but also furnish more convenient and comfortable conditions to win over Chinese tourists&#8217; hearts,&#8221; said Cao Xi, a 28-year-old Beijing resident who chose the US for her honeymoon destination three years ago.</p>
<p>&#8220;I would like to visit the US again to celebrate our marriage anniversary this year if the visa application could be much easier,&#8221; she said.</p>
<p>The State Department initiatives also include Brazil. US consular officials in that country issued more than 555,000 visas in the first half of fiscal 2012, a 59 percent increase from the same period a year earlier.</p>
]]></content:encoded>
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		<title>+China tests 575 kilometers per hour train</title>
		<link>http://www.chou.cn/2012/04/20/china-tests-575-kilometers-per-hour-train</link>
		<comments>http://www.chou.cn/2012/04/20/china-tests-575-kilometers-per-hour-train#comments</comments>
		<pubDate>Fri, 20 Apr 2012 07:54:45 +0000</pubDate>
		<dc:creator>luke</dc:creator>
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		<category><![CDATA[China tests 575 kilometers per hour train]]></category>

		<guid isPermaLink="false">http://www.chou.cn/?p=1704</guid>
		<description><![CDATA[<p>A record speed was achieved by a high-speed test train made by China&#8217;s largest train maker, Beijing News reported Thursday.</p>
<p>CSR, China South Locomotive &#38; Rolling Stock Co Ltd, launched the test train, which can reach speeds of up to 575 kilometers an hour, the paper said.</p>
<p>Liang Jianying, deputy chief engineer at the subsidiary company CSR Sifang Locomotive &#38; Rolling Stock Co Ltd, said the train was in good condition and the speed will be further improved.</p>
<p>The test train aims to promote the development and security monitoring of high-speed trains and will not actually run as a business operation, said Zhao Xiaogang, chairman of CSR.</p>
<p>In December 2011, CSR launched a test train with speeds reaching up to 500 kilometers an hour.</p>
<p>China will continue to increase the speed of trains during the 12th Five-Year Plan (2011-2015), according to a project of the development of high-speed trains issued by the Ministry of Science and Technology on Wednesday.</p>
]]></description>
			<content:encoded><![CDATA[<p>A record speed was achieved by a high-speed test train made by China&#8217;s largest train maker, Beijing News reported Thursday.</p>
<p>CSR, China South Locomotive &amp; Rolling Stock Co Ltd, launched the test train, which can reach speeds of up to 575 kilometers an hour, the paper said.</p>
<p>Liang Jianying, deputy chief engineer at the subsidiary company CSR Sifang Locomotive &amp; Rolling Stock Co Ltd, said the train was in good condition and the speed will be further improved.</p>
<p>The test train aims to promote the development and security monitoring of high-speed trains and will not actually run as a business operation, said Zhao Xiaogang, chairman of CSR.</p>
<p>In December 2011, CSR launched a test train with speeds reaching up to 500 kilometers an hour.</p>
<p>China will continue to increase the speed of trains during the 12th Five-Year Plan (2011-2015), according to a project of the development of high-speed trains issued by the Ministry of Science and Technology on Wednesday.</p>
]]></content:encoded>
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		<title>Cost Of Auto License Plates In Shanghai Hits Record $9,780,</title>
		<link>http://www.chou.cn/2012/04/17/cost-of-auto-license-plates-in-shanghai-hits-record-9780-2</link>
		<comments>http://www.chou.cn/2012/04/17/cost-of-auto-license-plates-in-shanghai-hits-record-9780-2#comments</comments>
		<pubDate>Tue, 17 Apr 2012 03:45:28 +0000</pubDate>
		<dc:creator>luke</dc:creator>
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		<category><![CDATA[Cost Of Auto License Plates In Shanghai Hits Record $9]]></category>
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		<guid isPermaLink="false">http://www.chou.cn/?p=1702</guid>
		<description><![CDATA[<p>Think the cost of license plates for your car is high where you live? Shanghai licenses plates keeping going higher.</p>
<p>Consider this: The average price for permanent license plates for non-commercial vehicles hit a record of 61,626 yuan, or about $9,780, at a city auction on Saturday, China media report. The high cost is leading scalpers into the market to sell temporary plates at inflated prices, according to a report in today’s Shanghai Daily.</p>
<p>China has emerged as the world’s largest auto market in recent years – good news for GM, Ford and other foreign companies looking for new customers. High demand for plates in growing, crowded cities like Shanghai leads the government to auction them off and prices to rise.</p>
]]></description>
			<content:encoded><![CDATA[<p>Think the cost of license plates for your car is high where you live? Shanghai licenses plates keeping going higher.</p>
<p>Consider this: The average price for permanent license plates for non-commercial vehicles hit a record of 61,626 yuan, or about $9,780, at a city auction on Saturday, China media report. The high cost is leading scalpers into the market to sell temporary plates at inflated prices, according to a report in today’s Shanghai Daily.</p>
<p>China has emerged as the world’s largest auto market in recent years – good news for GM, Ford and other foreign companies looking for new customers. High demand for plates in growing, crowded cities like Shanghai leads the government to auction them off and prices to rise.</p>
]]></content:encoded>
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		<title>Cost Of Auto License Plates In Shanghai Hits Record $9,780,</title>
		<link>http://www.chou.cn/2012/04/17/cost-of-auto-license-plates-in-shanghai-hits-record-9780</link>
		<comments>http://www.chou.cn/2012/04/17/cost-of-auto-license-plates-in-shanghai-hits-record-9780#comments</comments>
		<pubDate>Tue, 17 Apr 2012 03:01:19 +0000</pubDate>
		<dc:creator>luke</dc:creator>
				<category><![CDATA[information about Shanghai]]></category>
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		<category><![CDATA[Cost Of Auto License Plates In Shanghai Hits Record $9]]></category>
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		<guid isPermaLink="false">http://www.chou.cn/?p=1700</guid>
		<description><![CDATA[<p>Think the cost of license plates for your car is high where you live?</p>
<p>Consider this: The average price for permanent license plates for non-commercial vehicles hit a record of 61,626 yuan, or about $9,780, at a city auction on Saturday, China media report. The high cost is leading scalpers into the market to sell temporary plates at inflated prices, according to a report in today’s Shanghai Daily.</p>
<p>China has emerged as the world’s largest auto market in recent years – good news for GM, Ford and other foreign companies looking for new customers. High demand for plates in growing, crowded cities like Shanghai leads the government to auction them off and prices to rise.</p>
]]></description>
			<content:encoded><![CDATA[<p>Think the cost of license plates for your car is high where you live?</p>
<p>Consider this: The average price for permanent license plates for non-commercial vehicles hit a record of 61,626 yuan, or about $9,780, at a city auction on Saturday, China media report. The high cost is leading scalpers into the market to sell temporary plates at inflated prices, according to a report in today’s Shanghai Daily.</p>
<p>China has emerged as the world’s largest auto market in recent years – good news for GM, Ford and other foreign companies looking for new customers. High demand for plates in growing, crowded cities like Shanghai leads the government to auction them off and prices to rise.</p>
]]></content:encoded>
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		<title>China taking measures to tamp down boom in home prices</title>
		<link>http://www.chou.cn/2012/04/01/china-taking-measures-to-tamp-down-boom-in-home-prices</link>
		<comments>http://www.chou.cn/2012/04/01/china-taking-measures-to-tamp-down-boom-in-home-prices#comments</comments>
		<pubDate>Sun, 01 Apr 2012 09:17:17 +0000</pubDate>
		<dc:creator>luke</dc:creator>
				<category><![CDATA[information about Shanghai]]></category>
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		<category><![CDATA[China taking measures to tamp down boom in home prices]]></category>

		<guid isPermaLink="false">http://www.chou.cn/?p=1684</guid>
		<description><![CDATA[<p>SHANGHAI — When Chinese Premier Wen Jiabao warned during the recent National People&#8217;s Congress of &#8220;chaos in the market&#8221; from China&#8217;s sky-high home prices, he put to rest speculation that the government might soon end the tight controls it&#8217;s imposed on the country&#8217;s real estate market.</p>
<p>The cost of homes in China&#8217;s major cities has risen tenfold in the last decade and doubled in the last three years as the country&#8217;s breakneck growth has generated huge incomes for a fortunate few. Speculative home buying by the rich has helped push prices ever higher, making it impossible for many average people to purchase their first homes. Fears of a U.S.-like real estate bubble are often voiced.</p>
<p>Prices climbed so fast that many of the newly rich didn&#8217;t even bother to rent out the investment properties they&#8217;d bought. They simply held on to them, secure in the knowledge that the properties will be worth more next year.</p>
<p>That confidence, however, has been shaken since prices hit a peak in August and began falling, a result of measures the central government first put into place in April 2010 and tightened at the beginning of 2011. They included higher down payment requirements (30 percent for first-time buyers and 60 percent for second-home buyers), the prohibition of mortgages for buyers who already own at least two houses, higher interest rates, and limitations on how many loans a bank can make.</p>
<div>The result has been gently falling home prices, which dropped for the sixth straight month in February. Prices fell an average of 0.3 percent from January in 100 major cities, the largest monthly drop since September, a survey by the China Index Academy showed.&#8221;The price will continue to fall in the short term, as long as the strict government policy remains in place,&#8221; said Xue Jian Xiong, an analyst at China Real Estate Information Corp. &#8220;But it is very close to the bottom.&#8221;</p>
<p>Xue noted that strong demand and rising costs of raw materials eventually will send prices rising anew.</p>
<p>&#160;</p>
<p>&#8220;Once the policy is relaxed, house prices will show obvious growth again,&#8221; he said. &#8220;Because half of the 1.3 billion people have moved into cities to join in China&#8217;s urbanization, they will need somewhere to live.&#8221;</p>
<p>&#160;</p>
<p>The pent-up demand comes from China&#8217;s rising middle class, fewer than half of whom own their own apartments.</p>
<p>That demand was on display last weekend at the Shanghai Exhibition Center, where big crowds scoured the offerings of hundreds of developers, enticed by sophisticated scale models of new high-rise developments and young workers eagerly handing out slick brochures. It was nothing like the empty model homes and vacant lots that have become the symbols of the American housing collapse.</p>
<p>Typical among those interested were Wang Mu Liang and Deng Yu Jing, who were married three months ago. The couple, both 29, are looking for an apartment in the Pudong area of Shanghai, where he works as an engineer earning 10,000 yuan ($1,580) a month. Deng works in the office of a bank and earns about the same amount. They live with Wang&#8217;s parents — a typical arrangement for newlyweds in China.</p>
<p>&#160;</p>
<p>&#8220;We want to have a house that belongs to us,&#8221; Wang said.</p>
<p>The couple specified that they&#8217;re willing to spend the equivalent of about $290 per square foot for an apartment and are looking for something between 650 and 1,000 square feet. After putting 30 percent down, they&#8217;re hoping to take out a mortgage of about $127,000.</p>
<div>Asked about widespread predictions that prices will fall, Wang admitted that &#8220;we would like to wait&#8221; — seemingly a good strategy.</div>
<p>But there are plenty of skeptics who don&#8217;t think the government is serious about lowering prices and don&#8217;t believe the numbers.</p>
<p>The properties downtown in all the major cities will never drop.  It&#8217;s the properties further away from downtown is dropping.  The harder it is to get loans, the more the properties will drop.</p>
<p>The rich get richer and the poor get poorer, the middle class just dies.</p>
<p>&#8220;I don&#8217;t think the price will fall by even 10 percent,&#8221; said Song Yi, who shares a rental apartment in Shanghai, paying 1,200 yuan (about $190) a month. &#8220;The answer is simple: It&#8217;s China. There are so many factors that are involved. You know how many Communist Party members are in the real estate market directly or indirectly? They will try all they can to protect their interest.&#8221;</p>
<p>&#8220;Don&#8217;t believe those numbers provided by the government,&#8221; she added. &#8220;They are fake.&#8221;</p>
<p>Despite the high prices, most Chinese remain interested in buying a home, seeing home ownership as the only safe way to invest in China.  Everyone in China believes they must own an apt.  Chinese do not like to rent.</p>
<p>In a recent survey of Shanghai residents by Soufun.com, the nation&#8217;s top real estate website, more than half of those polled said they plan to buy a house in the next year. Another 22 percent cited a timetable of one to two years. But only 10 percent said they would aim to buy in Shanghai&#8217;s exorbitantly priced downtown area, where prices have topped $1,400 per square foot in some developments.</p>
<p>The central government&#8217;s clampdown has bitten enough, however, to cause serious budget problems for the nation&#8217;s local governments, which have come to rely on land sales and developer fees for 30 percent to 50 percent of their revenues. Some, such as Foshan in the southern province of Guangdong, recently announced measures to skirt the central government&#8217;s restrictions, then were forced to back down just hours later when confronted by Beijing.</p>
<p>&#8220;Tensions are rising between cash-strapped local governments that want to pump up the market and a central government determined to preserve social stability by keeping a lid on housing costs,&#8221; Rosealea Yao, an economist at Beijing consultancy GK Dragonomics, recently told Reuters.</p>
<p>Beyond that, a nagging fear persists that any significant pullback in China&#8217;s real estate market could seriously hurt the overall economy. Experts point out that despite all the talk of a bubble, there isn&#8217;t much likelihood of a U.S.-style housing crash. The biggest reason is that the Chinese are far less leveraged than their American counterparts. No-down loans, low-interest financing and inadequate checks on customers&#8217; ability to pay led to millions of foreclosures in the U.S.</p>
<p>But in China, the numbers tell a different story. In 2010, 4.4 trillion yuan worth of homes were sold in China (about $697 billion). But the total value of mortgages was only 1.4 trillion yuan, according to a November report from JP Morgan assessing China&#8217;s residential market. Thus, analysts, say, the odds of people defaulting in China are very low even should prices fall by 30 percent.</p>
<p>Still, Premier Wen issued a stern warning at the close of the annual National Party Congress.</p>
<p>&#8220;We can&#8217;t ease property-control measures,&#8221; he said. &#8220;Otherwise, it will wipe out all our previous efforts and may cause chaos in the market &#8230; even drag down the entire economy.&#8221;</p>
<div></div>
</div>
]]></description>
			<content:encoded><![CDATA[<p>SHANGHAI — When Chinese Premier Wen Jiabao warned during the recent National People&#8217;s Congress of &#8220;chaos in the market&#8221; from China&#8217;s sky-high home prices, he put to rest speculation that the government might soon end the tight controls it&#8217;s imposed on the country&#8217;s real estate market.</p>
<p>The cost of homes in China&#8217;s major cities has risen tenfold in the last decade and doubled in the last three years as the country&#8217;s breakneck growth has generated huge incomes for a fortunate few. Speculative home buying by the rich has helped push prices ever higher, making it impossible for many average people to purchase their first homes. Fears of a U.S.-like real estate bubble are often voiced.</p>
<p>Prices climbed so fast that many of the newly rich didn&#8217;t even bother to rent out the investment properties they&#8217;d bought. They simply held on to them, secure in the knowledge that the properties will be worth more next year.</p>
<p>That confidence, however, has been shaken since prices hit a peak in August and began falling, a result of measures the central government first put into place in April 2010 and tightened at the beginning of 2011. They included higher down payment requirements (30 percent for first-time buyers and 60 percent for second-home buyers), the prohibition of mortgages for buyers who already own at least two houses, higher interest rates, and limitations on how many loans a bank can make.</p>
<div>The result has been gently falling home prices, which dropped for the sixth straight month in February. Prices fell an average of 0.3 percent from January in 100 major cities, the largest monthly drop since September, a survey by the China Index Academy showed.&#8221;The price will continue to fall in the short term, as long as the strict government policy remains in place,&#8221; said Xue Jian Xiong, an analyst at China Real Estate Information Corp. &#8220;But it is very close to the bottom.&#8221;</p>
<p>Xue noted that strong demand and rising costs of raw materials eventually will send prices rising anew.</p>
<p>&nbsp;</p>
<p>&#8220;Once the policy is relaxed, house prices will show obvious growth again,&#8221; he said. &#8220;Because half of the 1.3 billion people have moved into cities to join in China&#8217;s urbanization, they will need somewhere to live.&#8221;</p>
<p>&nbsp;</p>
<p>The pent-up demand comes from China&#8217;s rising middle class, fewer than half of whom own their own apartments.</p>
<p>That demand was on display last weekend at the Shanghai Exhibition Center, where big crowds scoured the offerings of hundreds of developers, enticed by sophisticated scale models of new high-rise developments and young workers eagerly handing out slick brochures. It was nothing like the empty model homes and vacant lots that have become the symbols of the American housing collapse.</p>
<p>Typical among those interested were Wang Mu Liang and Deng Yu Jing, who were married three months ago. The couple, both 29, are looking for an apartment in the Pudong area of Shanghai, where he works as an engineer earning 10,000 yuan ($1,580) a month. Deng works in the office of a bank and earns about the same amount. They live with Wang&#8217;s parents — a typical arrangement for newlyweds in China.</p>
<p>&nbsp;</p>
<p>&#8220;We want to have a house that belongs to us,&#8221; Wang said.</p>
<p>The couple specified that they&#8217;re willing to spend the equivalent of about $290 per square foot for an apartment and are looking for something between 650 and 1,000 square feet. After putting 30 percent down, they&#8217;re hoping to take out a mortgage of about $127,000.</p>
<div>Asked about widespread predictions that prices will fall, Wang admitted that &#8220;we would like to wait&#8221; — seemingly a good strategy.</div>
<p>But there are plenty of skeptics who don&#8217;t think the government is serious about lowering prices and don&#8217;t believe the numbers.</p>
<p>The properties downtown in all the major cities will never drop.  It&#8217;s the properties further away from downtown is dropping.  The harder it is to get loans, the more the properties will drop.</p>
<p>The rich get richer and the poor get poorer, the middle class just dies.</p>
<p>&#8220;I don&#8217;t think the price will fall by even 10 percent,&#8221; said Song Yi, who shares a rental apartment in Shanghai, paying 1,200 yuan (about $190) a month. &#8220;The answer is simple: It&#8217;s China. There are so many factors that are involved. You know how many Communist Party members are in the real estate market directly or indirectly? They will try all they can to protect their interest.&#8221;</p>
<p>&#8220;Don&#8217;t believe those numbers provided by the government,&#8221; she added. &#8220;They are fake.&#8221;</p>
<p>Despite the high prices, most Chinese remain interested in buying a home, seeing home ownership as the only safe way to invest in China.  Everyone in China believes they must own an apt.  Chinese do not like to rent.</p>
<p>In a recent survey of Shanghai residents by Soufun.com, the nation&#8217;s top real estate website, more than half of those polled said they plan to buy a house in the next year. Another 22 percent cited a timetable of one to two years. But only 10 percent said they would aim to buy in Shanghai&#8217;s exorbitantly priced downtown area, where prices have topped $1,400 per square foot in some developments.</p>
<p>The central government&#8217;s clampdown has bitten enough, however, to cause serious budget problems for the nation&#8217;s local governments, which have come to rely on land sales and developer fees for 30 percent to 50 percent of their revenues. Some, such as Foshan in the southern province of Guangdong, recently announced measures to skirt the central government&#8217;s restrictions, then were forced to back down just hours later when confronted by Beijing.</p>
<p>&#8220;Tensions are rising between cash-strapped local governments that want to pump up the market and a central government determined to preserve social stability by keeping a lid on housing costs,&#8221; Rosealea Yao, an economist at Beijing consultancy GK Dragonomics, recently told Reuters.</p>
<p>Beyond that, a nagging fear persists that any significant pullback in China&#8217;s real estate market could seriously hurt the overall economy. Experts point out that despite all the talk of a bubble, there isn&#8217;t much likelihood of a U.S.-style housing crash. The biggest reason is that the Chinese are far less leveraged than their American counterparts. No-down loans, low-interest financing and inadequate checks on customers&#8217; ability to pay led to millions of foreclosures in the U.S.</p>
<p>But in China, the numbers tell a different story. In 2010, 4.4 trillion yuan worth of homes were sold in China (about $697 billion). But the total value of mortgages was only 1.4 trillion yuan, according to a November report from JP Morgan assessing China&#8217;s residential market. Thus, analysts, say, the odds of people defaulting in China are very low even should prices fall by 30 percent.</p>
<p>Still, Premier Wen issued a stern warning at the close of the annual National Party Congress.</p>
<p>&#8220;We can&#8217;t ease property-control measures,&#8221; he said. &#8220;Otherwise, it will wipe out all our previous efforts and may cause chaos in the market &#8230; even drag down the entire economy.&#8221;</p>
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		<title>China baby formula under the spotlight again.</title>
		<link>http://www.chou.cn/2012/03/26/china-baby-formula-under-the-spotlight-again</link>
		<comments>http://www.chou.cn/2012/03/26/china-baby-formula-under-the-spotlight-again#comments</comments>
		<pubDate>Mon, 26 Mar 2012 09:06:11 +0000</pubDate>
		<dc:creator>luke</dc:creator>
				<category><![CDATA[Chinese Traditional chinese Medicine]]></category>
		<category><![CDATA[information about Shanghai]]></category>
		<category><![CDATA[interesting news in Shanghai and China]]></category>
		<category><![CDATA[Shanghai Food review]]></category>
		<category><![CDATA[baby formula]]></category>
		<category><![CDATA[China babies]]></category>
		<category><![CDATA[China baby]]></category>
		<category><![CDATA[China baby formula]]></category>
		<category><![CDATA[China formula]]></category>

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		<description><![CDATA[<p>A REPORT by a Hong Kong-based research firm that said a brand of infant formula failed Chinese mainland standards for protein content has sparked an investigation in Shanghai. China&#8217;s track record on baby formula is very bad.</p>
<p>The city&#8217;s Bureau of Quality and Technical Supervision told Shanghai Daily it was investigating because the report had raised fears among local consumers. The fear their only child is not getting the right safe food is very scary.</p>
<p>In its report, CER Research said tests showed that a sample of Abbott Similac Stage 1 purchased from a Hong Kong supermarket in December contained much lower levels of whey and higher levels of casein than allowed on the mainland China.</p>
<p>The firm released the details on its website with the headline: &#8220;A first step towards malnutrition.&#8221;</p>
<p>Its report said excess casein could lead to diarrhea, intestinal bleeding and kidney problems alongside malnutrition.</p>
<p>The report aroused public concern over the weekend as many Chinese parents purchase formula from markets outside the Chinese mainland. It;s hard to even get the right formula in China. After the incident in Japan with the release of nuclear material in the air. Japan baby formula may not be that safe either.</p>
<p>However, Abbott China hit back, calling the report &#8220;utterly and deliberately misleading.&#8221;</p>
<p>In a lawyer&#8217;s letter sent to CER Research, it said: &#8220;The claim that Abbott formulas do not meet the mainland standards is simply unfounded and false. Abbott products sold in the mainland meet all regulations. Each batch of Abbott infant formula sold in the mainland has been cleared by all government tests.&#8221; China standards are not like world standards.</p>
<p>Hong Kong, unlike the mainland, has no standards covering the ratio of whey and casein.</p>
<p>Abbott has demanded an immediate public apology and removal of the report from CER&#8217;s website. The formula producer also warned it would take legal action against CER for jeopardizing its trust among consumers and harming the reputation of the brand.</p>
<p>Mainland standards rule that the whey to casein ratio in infant formula should be 60 to 40 percent with whey content being no less than 60 percent.</p>
<p>In response, CER Research said that its samples &#8220;were tested by one of the world&#8217;s top food testing laboratories in Germany&#8221; and cited &#8220;comments from named top experts.&#8221;</p>
<p>However, five of the six Chinese and foreign doctors and nutritionists said by the report to have endorsed its conclusions have now accused CER Research of misleading them when they were asked for comments.</p>
<p>Professor Chen Yuming, a pediatric doctor at the Public Health and Nutrition College of Zhongshan University in Guangzhou City, said he had been asked to comment on a nutritional topic and was not aware of the report and its findings. &#8220;I was used deliberately,&#8221; he said.</p>
<p>Andrew Day, a pediatrics professor at the University of Otago in New Zealand, told Guangzhou Daily that his name and comment were used without his knowledge.</p>
<p>He told the newspaper he was not aware of any objective data to support the title or the conclusions of the report.</p>
]]></description>
			<content:encoded><![CDATA[<p>A REPORT by a Hong Kong-based research firm that said a brand of infant formula failed Chinese mainland standards for protein content has sparked an investigation in Shanghai. China&#8217;s track record on baby formula is very bad.</p>
<p>The city&#8217;s Bureau of Quality and Technical Supervision told Shanghai Daily it was investigating because the report had raised fears among local consumers. The fear their only child is not getting the right safe food is very scary.</p>
<p>In its report, CER Research said tests showed that a sample of Abbott Similac Stage 1 purchased from a Hong Kong supermarket in December contained much lower levels of whey and higher levels of casein than allowed on the mainland China.</p>
<p>The firm released the details on its website with the headline: &#8220;A first step towards malnutrition.&#8221;</p>
<p>Its report said excess casein could lead to diarrhea, intestinal bleeding and kidney problems alongside malnutrition.</p>
<p>The report aroused public concern over the weekend as many Chinese parents purchase formula from markets outside the Chinese mainland. It;s hard to even get the right formula in China. After the incident in Japan with the release of nuclear material in the air. Japan baby formula may not be that safe either.</p>
<p>However, Abbott China hit back, calling the report &#8220;utterly and deliberately misleading.&#8221;</p>
<p>In a lawyer&#8217;s letter sent to CER Research, it said: &#8220;The claim that Abbott formulas do not meet the mainland standards is simply unfounded and false. Abbott products sold in the mainland meet all regulations. Each batch of Abbott infant formula sold in the mainland has been cleared by all government tests.&#8221; China standards are not like world standards.</p>
<p>Hong Kong, unlike the mainland, has no standards covering the ratio of whey and casein.</p>
<p>Abbott has demanded an immediate public apology and removal of the report from CER&#8217;s website. The formula producer also warned it would take legal action against CER for jeopardizing its trust among consumers and harming the reputation of the brand.</p>
<p>Mainland standards rule that the whey to casein ratio in infant formula should be 60 to 40 percent with whey content being no less than 60 percent.</p>
<p>In response, CER Research said that its samples &#8220;were tested by one of the world&#8217;s top food testing laboratories in Germany&#8221; and cited &#8220;comments from named top experts.&#8221;</p>
<p>However, five of the six Chinese and foreign doctors and nutritionists said by the report to have endorsed its conclusions have now accused CER Research of misleading them when they were asked for comments.</p>
<p>Professor Chen Yuming, a pediatric doctor at the Public Health and Nutrition College of Zhongshan University in Guangzhou City, said he had been asked to comment on a nutritional topic and was not aware of the report and its findings. &#8220;I was used deliberately,&#8221; he said.</p>
<p>Andrew Day, a pediatrics professor at the University of Otago in New Zealand, told Guangzhou Daily that his name and comment were used without his knowledge.</p>
<p>He told the newspaper he was not aware of any objective data to support the title or the conclusions of the report.</p>
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