Lust for steel: China's building craze fuels metals imports
Article Abstract:
The construction boom in the southern and coastalprovinces of China has created a big market for imported steel as the country'sown production output of the construction commodity has fallen short of the demand. Despite the 9% increase in China's 1993 steel production over 1992 the country's need for imported steel has doubled since 1992. Consequently, the price of the steel commodity has increased by 15% during the past six months. Afurther increase might get Japan to go back to construction steel production and join the group of exporters which is led by South Korea.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Get off our backs
Article Abstract:
The discontent of China's peasant population caused by high taxes and rising prices is a major problem for the country's leaders. An austerity plan to slow inflation may solve some of China's economic troubles pays little attention to the problems of farmers. The peasantry has traditionally been a major source of support for the communist government, and the rural unrest is the government's most critical threat since the 1989 Tiananmen massacre. More attention to developing China's interior is needed.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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It's all go in the south
Article Abstract:
The economic prosperity of Shenzhen province in Guangdong, South China is attracting a flood of illegal immigrants from neighboring provinces. Guangdong's economic progress is due to increased industrial reforms, a stock-market boom, an increase in foreign investments and changes in the property market.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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