Economy/Resources - 166. page
China News: The Canton Fair Reflected a Weak Import Export Situation
About Twenty Thousand Ducks Died in Beijing; Bird Flu Suspected
Beijing News reported that about 20,000 ducks died within a week in six farms. The number is increasing daily. Wang Haijun started raising ducks last year. Since April 29, 2014, many of his 7,200 ducks have suddenly died. Less than 600 have survived. His neighbor Pan Meibing found that his ducks started to die on May 4. As of May 7, 2014, of 4,800 grown-up ducks, over 3,000 had died. Of 4,800 younger ducks, over 500 had died. Every day, large numbers of duck are dying.
Xinhua: Investment Funds Are Selling off Their Real Estate Holdings
Xinhua reported that, according to statistics, in the first quarter of 2014, 41.28 percent of stock funds and blend funds sold off their real estate holdings.
BBC Chinese: Iran Cancelled US$2.5 Billion Contract with China
Xinhua: Singapore Has Become the Second Largest Offshore RMB Center
According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), on April 28, Singapore surpassed London and became the second largest offshore RMB center next to Hong Kong. The statistics showed that the March RMB settlement amount in Singapore accounted for 6.8 percent of the total. It thus surpassed London, which had 5.9 percent. However Hong Kong, which accounts for 72 percent of the world’s total, still remains the largest.
Source: Xinhua, April 29, 2014
http://news.xinhuanet.com/2014-04/29/c_126444131.htm
China to Build a Second Ship Lock at the Three Gorges Dam
According to a report from 21st Century Business Herald, building a second ship lock at the Three Gorges Dam may become a priority project to break the bottleneck in the Yangtze River’s shipping. If there is a fog or wind, ships will pile up waiting to pass the ship lock. Normally it takes three to five days. In the event the ship lock is under repair, the wait to pass the Three Gorges Dam can be between seven and 10 days, or even longer.
Qiushi: The Security of China’s National Resources Is an Important Part of National Security
Qiushi published an article stating that the security of China’s national resources is an important part of national security. The issues facing China include the pressure from rapid economic growth and population growth, as well as limited supplies of fresh water, oil, gas, arable land, and other strategic resources. The scarcity of resources is the main problem in the security of China’s national resources and will be difficult to improve on in the near to medium term.