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http://finance.yahoo.com/news/Survey-finds-Chinese-apf-14809349.html

"Business conditions at Chinese manufacturers continued to deteriorate at a marked rate in March," Hong Kong-based CLSA said in a statement. It said companies cut more jobs as orders declined.

The data suggested China is still mired in a slump despite a huge government stimulus and optimistic statements by Premier Wen Jiabao and other officials. The central bank said last week the decline appeared to be slowing and data point to a recovery.
 
April 2 (Bloomberg) -- China is the only country worldwide where stock investors are more optimistic than on Sept. 15, the day Lehman Brothers Holdings Inc.’s bankruptcy shattered confidence in the global financial system.

The CHART OF THE DAY shows the Shanghai Composite Index rising 16 percent since Sept. 15.

The gain is the only among 70 major equity benchmarks tracked by Bloomberg even after global stocks posted their best monthly rally since 2003 in March. The index of China’s so-called A shares, which are traded almost exclusively by local investors, beat benchmarks in the world’s five other biggest markets by at least 39 percentage points in the period.

The Shanghai index fell as much as 18 percent in the two months after Lehman’s bankruptcy, tracking declines in equities worldwide on concern bank failures would spur a global recession and hurt demand for manufactured goods. Chinese stocks rebounded since November, pushing the Shanghai gauge to a seven-month high yesterday on speculation the government’s 4 trillion yuan ($586 billion) stimulus plan will offset a record drop in exports.

“Mr. Market is telling us that it’s highly possible the regime can switch the economy from exporting Barbie dolls to America, to stimulating its own domestic economy,” said Robin Griffiths, who helps oversee about $15 billion as the chief technical strategist at Cazenove Capital in London.

Lehman, once the fourth-biggest U.S. investment bank, was forced into bankruptcy after losses on mortgage securities drove away lenders and potential suitors. The New York-based company’s collapse sparked a freeze in global credit markets as banks hoarded cash.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aETx0tzQIrmk&refer=home
 
yellow_peril said:
China encourages with vast funds the Green Movement in the west. Our growing industries are not trammeled with such. Thus our competitiveness is enhanced.
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In other words, there's more money to be made by screwing up your environment, but you'll gladly buy world legislation to make our 'green' laws more expensive. yeah, I can smell that ICBM warming up now. We'll take care of that pollution for ya.
 
BEIJING -- China's energy sector will table a plan to nearly double its 2020 nuclear power capacity goal and is urging firms to acquire uranium abroad to build a fuel reserve, state press said Monday.

The 75,000 megawatt plan was 5,000 megawatts more than previously reported.

China currently has a combined capacity of 9,100 megawatts at 11 nuclear reactors, Cao said, meaning the new plan, if approved, would call for an ambitious program to construct new plants.

In the past year, China has approved the building of 40 nuclear reactors, Cao said, while the construction of several plants has already started.

China is banking on nuclear power as a cleaner alternative to coal, which currently covers about two thirds of its energy demand.

Chinese companies will also be encouraged to buy overseas uranium mines, as the lack of the resource is increasingly straining the country's ability to boost nuclear power supply, Cao said.

The reserve system will be built at both government and corporate levels, he added.

China's energy plans have given new hope to the global nuclear industry, represented by firms such as Areva of France and U.S.-based Westinghouse, while offering a market for uranium suppliers such as Anglo-Australian BHP Billiton.

http://www.chinapost.com.tw/business/asia/b-china/2009/03/31/202393/China
 
This is fabulous news, I just hope they keep the trend up! The USA has enough nukes to blow this planet up a thousand times or more. Really not necessary.
 
China: Strong on the outside, rotten on the inside:

http://www.strategypage.com/qnd/china/articles/20090402.aspx

Strong On The Outside, Rotten On The Inside

April 2, 2009: Police corruption is a major source of public anger in China. In the last few years, people have increasingly held mass (thousands, to over 10,000 people) demonstrations, some of which have turned violent, against police misconduct (corruption, torture and murder of suspects and general mistreatment of prisoners.) The corruption affects the general population, as it generally manifests itself in police demanding bribes, and arresting those who do not comply, or otherwise annoy the police. What worries the government the most is that many Chinese are willing to fight back when the police show up. If the cops cannot coerce and control the population, the government cannot be assured of surviving popular uprisings.....
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