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• Experts Discuss China’s Economy at 2008 Summer Davos Forum - Editor, 29 September 2008

At the 2008 Summer Davos Forum held in Tianjin, China, on Saturday 27 September, Chairman of the China Banking Regulatory Commission (CBRC), Liu Mingkang, told business leaders that international cooperation is needed to address issues relating to the current global financial situation. Referring to the $700 billion bailout plan that the U.S. is proposing to assist troubled financial institutions as “fast food”, Liu emphasized the need to support China’s “slow cooking” long-standing regulatory policies.

• China and Pacific Island Countries Develop Mutually Beneficial Economic Ties - Editor, 8 September 2008

At the recent China-Pacific Island Countries Economic Development and Cooperation Forum held in the city of Xiamen, in the Fujian province of China, Minister of Commerce, Chen Deming expressed his confidence that the trade between the two sides will reach $2 billion by the end of 2008, with the goal of reaching $3 billion by 2010.