“This is the case to set a precedent. For the first time, there is a legal basis for public participation. If it happens, it would be a major step forward.”
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“Citigroup is a latecomer to Chinas banking industry and it has catching up to do. It makes more sense for Citigroup to explore other options, such as taking stakes in Guangdong Bank, which also has a national distribution network, to help them expand.”
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“GDP has been understated for the last three to four years.”
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“We can check the system to find out whether a loan applicant has a poor credit record or has paid back previous loans to decide whether we will offer him a loan.”
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“The January number surprised on the upside, and the February number should be even stronger because of the Chinese New Year factor.”
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“Rents in the city will continue to go up this year.”
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“The objective is to slow down investment growth and loan growth which were higher than the targets set by the government. This wont be the only move and more administrative measures are likely to come.”
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“The government and central bank are determined to tighten and if they dont see the target being met, there could be more measures coming.”
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“The objective is to slow down investment growth and loan growth.”
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With its imagination and large sales, Apple has become the worlds most valuable IT company. However people are starting to have doubts regarding Apples silence on heavy metal pollution problems.
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Even the government understands that the environmental challenge is so big that no single agency can handle it. It needs collaboration among all the stakeholders - companies, governments, NGOs and the public. Public accountability will be the ultimate driving force.
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Beijing was such a different city. There were so few cars, I could walk in the middle of the road. In the summer, the streetlamps attracted swirling bugs. I loved those bugs: crickets, praying mantis, all kinds of beetles. I also have a vivid memory of dazzling sunlight coming out of the sky.
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We firmly believe the environmental issues cannot be addressed without extensive public participation, but people need to be informed before they can get involved.
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When I look at Chinas environmental problems, the real barrier is not lack of technology or money. Its lack of motivation.
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Environmental groups are not completely against dams. We approve of appropriate development.
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We copied laws and regulations from western countries, but enforcement remains weak, and environmental litigation is still quite near impossible.
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Brands who come to China, often they just care about price - so they actually drive the suppliers to cut corners on environmental standards to win a contract.
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The motivation should come from regulatory enforcement, but enforcement is weak, and environmental litigation is near to impossible. So theres an urgent need for extensive public participation to generate another kind of motivation.
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China has leapfrogged into this information age, and Web users have grown very significantly, which knocked down the cost of doing the environmental transparency.
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In America, you complain about job losses because of China, but here, we carry all of the environmental costs.
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