Growing home ownership is breeding bourgeois values

Article Abstract:

China's property market is undergoing a transformation as home buyers push for higher quality housing. Residential property sales grew by 31% last year, and individual buyers now account for 80% to 90% of residential land sales, compared to state monopolized markets of the past. Home ownership is likely to result in many social changes in China such as increased local involvement in schools, road maintenance and human rights issues.

Subdividers and developers, not elsewhere classified, Land Subdivision and Land Development, Housing Developers, Real estate developers, Finance, Housing

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Turtle vs. hare? State-supported groups join web race

Article Abstract:

Several departments of the Chinese government are racing to put up web sites, including one venture in which the private firm Sparkice.com has partnered with government newspapers and other media to make an official news site. Government regulations of the Internet are discussed along with eastday.com.cn, corruption and bureaucracy, and CCIDnet.com.

Planning, Influence, World Wide Web

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Chinese online pioneer 8848.net pulls back from retail

Article Abstract:

Chinese electronic commerce firm 8848.net will announce the divestment of its consumer division for $9 million, to an unnamed buyer. The company's strategy will develop a tighter focus on business-to-business electronic commerce, which is forecast to reach a value of $21.2 billion in China by 2004.

Asset sales & divestitures, Acquisitions & mergers, Statistical Data Included, Mergers, acquisitions and divestments, 8848.net

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