- Technology Rivals Lobby to Break Microsoft’s Hold Over European Governments
A plan to advise local governments on software purchases has set off a battle this summer between Microsoft and its rivals Google, International Business Machines, Red Hat and Oracle. 計画は、ソフトウェアの購入に戦いをMicrosoftとそのライバルGoogleは、国際ビジネス機は、Red HatとOracleの間で、この夏オフに設定されて地方公共団体に助言する
- Tighter watch on loans amid public debt fears
Beijing yesterday urged officials and banks to clean up the financing of investment units backed by local governments, in a bid to rectify irregularities as debts swelled.
- Beijing seeks to improve management of local investments
In a sign that Beijing is increasingly concerned about huge infrastructure debts being racked up by local government investment vehicles, new plans to improve their management have been announced.
- China's local governments strive to house average people
Local governments nationwide are vowing to house average people whose dreams of owning a private residence are fading amid reckless property price surges.
The resolutions were made public when home prices topped the agenda at annual sessions of local legislative bodies that opened in January.
China's real estate market showed signs of overheating in the second half of 2009 despite the global financial crisis. DTZ, one of the world's leading real estate advisors, said China's average home p ... 地方公共団体は、全国平均の人が民家を所有するのが夢の家に言明さ無謀な不動産価格のサージの中で退色されます
- Bankers fear sharp increase in bad loans
More than seven out of 10 bankers polled in a semi-governmental survey expect China to face a sharp rise in non-performing loans when problematic lending to local governments and the property sector turns sour.
- Bus cuts drive Americans back to cars | Sasha Abramsky
The BP oil spill may make people reconsider their dependency on cars – but budget cuts are limiting public transport optionsJust at the moment when the Deepwater Horizon BP oil spill has generated two months of non-stop headlines about the dangers of oil dependency and the federal government in America finally has something of a platform to call for Americans to wean themselves off oil dependency, cities, counties and states across the US are decimating their public transit systems and forcing people, willy-nilly, to return to their cars.In most countries, one might expect fiscal collapse to lead to more people taking public transport. After all, while buses, trams, light rail, and underground systems are less convenient than private vehicle usage, and while using such systems oftentimes involves sharing one's environs with too many people and too many competing body odours, at least it's cheaper than filling up one's car with gas and driving miles each day. Utilising public transport is a sensible, relatively painless way to penny pinch.But, in America, at least in part because public transport has not, in recent years, won the hearts and minds of the politically influential classes in many regions of the country, these systems are peculiarly vulnerable to cuts during the down-times. In fact, a poll released in early April by the Economist indicated that, faced with declining government revenues, more than twice as many Americans would want federal public transit subsidies cut versus reductions to highways expenditures. At a local level, too, many Americans' relationship to public transit systems is tendentious at best. And hence the tragic irony: as local governments continue to haemorrhage revenues, and thus have to look for evermore ways to tighten their belts, so p BPの石油流出事故は、人々は、車への依存度を再考することができる - しかし、予算削減は瞬間ディープウォーターホライゾンBPの石油流出事故は、石油依存性と連邦政府の危険性について、ノンストップの見出し2ヶ月が生成され公共交通機関のoptionsJustを制限しているアメリカでは最終的に公共交通システムを強制的に人々が行き当たりばったりデシメーションされ、そのcars.Inにほとんどの国を返すためのプラットフォームのようなものをアメリカ人のため全米石油への依存、都市、郡、州自体をオフに離脱するために呼び出す必要があります、1つのより多くの人の公共交通機関を取るにつながる財政崩壊を期待することがあります
- Help at hand for SOEs burdened with donations
The State-owned Assets Supervision and Administration Commission is reviewing tax expenses and sponsorship contributions from state-owned enterprises to local governments as Beijing seeks to reduce the financial burden of the corporate sector.
- State Council pushes M&A consolidation
By Liang Fei
The State Council released new regulations Monday calling for further consolidation of companies in the steel, automobile, cement, machinery manufacturing, aluminum and rare earth industries through mergers and acquisitions.
The government will remove rules that limit trans-regional mergers and acquisition, and local governments may sign agreements on divvying up revenue, according to the statement.
Private investors are encouraged to take part in M&A and also are expected ... 理事会では梁飛ステート買収合併や自動車地域-制限トランスルールを削除すると、セメント、機械製造、アルミニウム、希土類産業を政府がされます
- Why local officials are in a hurry to invest their capital
You have heard that Beijing has become nervous and ordered banks to investigate the 7.5 trillion yuan (HK$8.5 trillion) they have loaned to financial entities backed by local governments. So what's happening on the ground?
- China's new bank loans may exceed 7.5 trillion yuan in 2010
The uncertainty in China's economy in the second half of 2010 will lead to the uncertainty of credit expansion. Therefore, it is possible for bank credit to exceed 7.5 trillion yuan in 2010, according to a research report from the Finance Research Center under the Bank of Communications on July 26.
The report said that although credit demand dropped under the influence of several factors, such as the drop in housing trade volume along with loan limitations on local governments' financing plat ... 2010年の後半に中国経済の不確実性が信用拡大の不確実性につながる
- Local gov'ts still see surging land transfer revenues
The land transfer revenue of local governments surged in the first three quarters of 2010, according to the latest report released by the China Index Research Institute.
Shanghai's land transfer revenue during the period hit 114 billion yuan, exceeding that of the entire year of 2009. Among the top 10 cities in terms of land transfer revenues, only Chongqing's land transfer revenue was off 9 percent from a year earlier.
According to the report, despite the considerable impact posed by ho ... 売上高は、地方公共団体の転送の土地、2010年第3四半期ので急。研究所研究Chinaインデックスが発表応じて最新のレポート
- S Korea's local governments see rise in debts on increased public projects
South Korea's local governments issued 22.9 billion U.S. dollars worth of bonds in 2009 on expanded expenditure amid an economic downturn, the government said Monday.
According to the Ministry of Public Administration and Security data, the total of municipal bonds amounted to 25.5 trillion won ( 22.9 billion U.S. dollars) last year, up 34.1 from 19.49 trillion won (17.4 billion U.S. dollars) in 2008.
In 2009, local governments issued 5 trillion won (4.5 billion U. S. dollars) worth of bon ... 韓国の地方政府が景。債2009年の経済の中で支出拡大億発行22.9米国ドルの価値を、政府が明らかにした
- Republicans: a party of unemployment | Dean Baker
It may seem bad taste to accuse Republicans of wanting a rise in unemployment but their actions leave no other explanationFrom now until 2 November, the Republican party will be the party of unemployment. The logic is straightforward: the more people who are unemployed on election day, the better the prospects for Republicans in the fall election. They expect, with good cause, that voters will hold the Democrats responsible for the state of the economy. Therefore, anything that the Republicans can do to make the economy worse between now and then will help their election prospects.While it may be bad taste to accuse a major national political party of deliberately wanting to throw people out of jobs, there is no other plausible explanation for the Republicans' behaviour. They have balked at supporting nearly every bill that had any serious hope of creating or keeping jobs, most recently filibustering on bills that provided aid to state and local governments and extending unemployment benefits. The result of the Republicans' actions, unless they are reversed quickly, is that hundreds of thousands more workers will be thrown out of work by the mid-terms.The story is straightforward. Nearly every state and local government across the country is looking at large budget shortfalls for their 2011 fiscal years, most of which begin on 1 July 2010. Since they are generally required by state constitutions or local charters to balance their budgets, they will have no choice except to raise taxes and/or make large cutbacks and lay off workers to bring spending and revenue into line.State and local governments have cut their workforce by an average of 65,000 a month over the last three months. Without substantial aid from the federal government, this pace is likely to accelerate. Th これは、11月現在、2日まで、共和党は、失業のパーティされる悪い味を失業率の上昇が彼らの行動は、他のexplanationFromを休暇を望むの共和党を非難するように見えることがあります
- China's fiscal revenue rises 55.8% in Dec.
China's fiscal revenue for last December reached 508.4 billion yuan (74.45 billion U.S. dollars), up 55.8 percent year on year, the Ministry of Finance (MOF) announced Friday.
Of the total, the central fiscal revenue topped 183.1 billion yuan, up 140 percent from December 2008, while local governments collected 325.3 billion yuan, up 30.2 percent, the MOF said in a statement on its official website.
The ministry attributed the robust revenue growth to a relatively low comparison basis in D ... 昨年12月の中国の財政収入は年間で、財務省（MOF）の金曜日と発表した
- CBRC urges reasonable control for credit expansion
Chairman of the China Banking Regulatory Commission (CBRC) Liu Mingkang said January 26 that financial banking institutions must reasonably control new loans in accordance with the effective needs of the real economy and prudent principles.
Liu stressed that each financial banking institution should comprehensively evaluate and effectively prevent the risks related to the financing platforms of local governments, strengthen the tracking and review of extended loans, promote the development of ... 会長は、中国銀行業監督管理委員会（CBRC、銀）劉Mingkang 1月26日は、金融、金融機関が合理的に実体経済と賢明な原。劉の効果的なニーズに応じて新規融資を制御する必要がありますによると、各金融金融機関の総合的かつ効果的に評価する必要性を強調は、追跡および拡。借款の見直しを強化し、開発を促進するリスクを地方公共団体の資金調達のプラットフォームに関連するよう...