Tag Archives: Chinese

Industrials face turbulence from cooling China

Buoyant Chinese demand has been a wonderful palliative for western industrial companies in recent years that helped to offset anaemic European and US sales.

However, comments from leading industrial companies last week suggest Chinese demand for a host of western-produced capital goods ranging from earthmoving equipment to automation technology is – at least temporarily – starting to slow.

China’s efforts to cool a real estate boom and engineer a soft landing come as its manufacturers hold back fixed-asset investments due to tighter credit, overcapacity and slower demand from the debt-encumbered eurozone.

Volvo, the commercial vehicles group, warned as early as last summer of an impending slowdown in Chinese demand for construction equipment, which it described as temporary.

In October ABB, the Swiss electrical engineering group, also observed weaker demand for its power systems and process automation technology in China, where overall orders declined by 5 per cent in the third quarter.

Now, as European and US industrials have begun reporting their latest quarterly figures, more companies have expressed caution on the short-term outlook in China. Read more »

Mandarin raises profile in classrooms

Asked at the start of their first Chinese class what motivated them to take up the language, the students of the Institut de la Providence, a secondary school outside Namur in Belgium, give their new teacher varied answers.

“It’s a big country,” says one. “I’ve been to China and would like to go back,” ventures another.

The two dozen teenagers are part of a pilot project started this autumn in nine Belgian schools to promote Chinese language learning. More broadly, they are among hundreds of thousands of students in the west who are opting to learn Mandarin Chinese, often at the expense of traditional subjects such as Spanish or German.

“One way or another, China is the future,” says Olaf Mertens, headmaster. “Over 1bn people live in China. Surely, students should be exposed to their language and culture?”

Read more »

Dual nationality or ID card for foreign Chinese?

Sorry, this entry is only available in 中文.

Content Protected Using Blog Protector By: PcDrome.