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  • THE ECONOMIC OBSERVER
    ECONOMICS | NATION | MARKET | CORPORATION | BRIEFS | SPECIAL
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    site: HOME > > Economic > China Buzz > Best of Web
    China Numbers: Scammers, Clean Air & Nuclear Exports

     

    wuhanpollution


    The numbers making news around China during the week of Dec 3, 2012

    25 percent
    Amount Toyota’s sales were down in November compared to the same period last year. This follows a 50 percent and 44 percent decline in September and October respectfully. Sales took a major hit in the wake of Anti-Japanese sentiment that flared in September. Reuters

    500,000 yuan
    Amount a fake employment agent admitted to scamming out of foreigners last year. China Foreign Teachers Union

    24
    Number of Chinese companies included in the list of the world’s 500 biggest firms. This is down from 34 in 2009. Bloomberg 

    $2 million
    Amount China Nuclear Industry Huaxing Construction Co. will have to pay in fines after admitting it helped to export nuclear reactor paint from the U.S. to Pakistan without a license. Bloomberg

    1 trillion yuan
    The total value of transactions that have gone through Alibaba in the first 11 months of 2012. Economic Observer

    72 hours
    Length of time foreigners from 45 countries will be allowed to visit Beijing without a visa starting from Jan 1. China Daily

    $56 billion
    Amount the Ministry of Environmental Protection has said will be spent to cut air pollution in major cities by 2015. It says local governments will fund most of the programs. Reuters

     

     

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