A top government think-tank warned that China is likely to suffer from the rising trade  protectionism against the backdrop of the worsening financial crisis.

In accordance with the report by the Development Research Center of the State Council, China will become the main objective of trade protectionism, and this behavior will make the exporting environment worse in China.

The nation’s export sector Read more…

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China, crisis, economy, export, import, protectionism, trade

Continental Airlines’ first daily nonstop flight between Shanghai and New York was launched on March 26th, which made it the first carrier to start a new cross-border route in China when the global economic situation is worsening.

Jeff Smisek, president and chief operating officer of the US airline, said that China was one of the most important markets and was very important for its future development and success in Asia.

This first daily non-stop flight connects 2 of the largest financial centre in the Read more…

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airline, China, development, economy, flight, market, New York

Recently, many multinational firms are cutting their jobs and reducing the costs as a result of  global financial crisis, however, many industry giants like General Motors China, McDonald’s, Johnson&Johnson Medical China and Wal-Mart have confirmed that they will not stop their recruitment in China.

During the 2009 Hewitt Best Employers in China session on March 26th, 10 companies said that they have plans for recruitment this year. Read more…

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China, company, crisis, development, economy, employment, industry