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  • THE ECONOMIC OBSERVER
    ECONOMICS | NATION | MARKET | CORPORATION | BRIEFS | SPECIAL
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    China Numbers: Illegal Visas, Solar Panels and Infertility

     


    The numbers making news during the week of September 3, 2012

    1,500 to 20,000 yuan
    The price companies in Beijing and Shanghai are charging to get a visa for foreigners who can’t meet a work visa’s legal requirements. China Daily

    $26.47 billion

    Worth of solar panels and components China sold to the European Union in 2011 - about 60 percent of all Chinese exports of the product. Reuters

    $400 billion
    The Chinese steel industry’s debt burden by the end of last year. Reuters

    14 Percent
    Proportion of couples in southern Guangdong who cannot conceive a child. This is proving problematic as the province only has one sperm bank for its 104 million people. Time

    29 Percent
    The amount rent is expected to increase in 2012 on Beijing’s prime office space. China Daily

    3-and-a-half years

    Prison sentence for “unintentional homicide” handed to the driver that killed Wang Yue last October in Foshan. BBC

    8 years
    Length of time a corrupt bank manager hid in a cave while on the run from the law. The Telegraph

     

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    The Economic Observer's editorial staff are always on the look out for interesting, fresh and high-quality China-related content. Whether it's the latest buzz on Weibo, links to insightful articles or updates on the latest books and reports, through China Buzz we'll keep you in the loop about what's going on in the world of Chinese politics and economics.

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