Word: ulriches
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...infrastructure, homes, schools and clinics, especially in the country's poorer regions. Taken together with the recent alleviation of taxes plus changes to the rural-land law that will allow farmers to lease their land and free them to work elsewhere, the initiatives amount to what Jing Ulrich, the head of JP Morgan's China equities business, calls "a New Deal with Chinese characteristics...
...Ulrich Beck, who is known for his highly influential 1986 work, Risk Society: Towards a New Modernity, was hosted by the Harvard Kennedy School’s Science, Technology and Society program. He examined the possible upsides of global risks on the scale of climate change, the current financial crisis, and terrorism...
...Taken together with the recent expansion of social welfare and amendments to the rural land law that will enable peasants to effectively lease out the right to use their land, the changes amount to a "New Deal with Chinese characteristics," JPMorgan economist Jing Ulrich wrote in a recent report. They also represent a political triumph for President Hu Jintao and his Premier, Wen Jiabao. The two men have been stressing the importance of measures aimed at relieving poverty in the countryside since coming to office in 2003. Until now, their efforts to enact concrete measures to back those promises have...
...possibility of stoking inflation. For the moment, though, Beijing can breathe easy on that issue. After wrestling to control rising inflation over the past 18 months, the government reported recently that China's Producer Price Index "declined sharply to 6.6% year-on-year in October, from 9.1% in September," Ulrich of JPMorgan wrote in her report. She noted that the Consumer Price Index, which will be released this week, will also moderate further from last month's level of 4.6%, which was the fifth successive monthly decline...
...some 20% in July and August. The property sector accounts for about a quarter of all fixed-asset investment in China and about 10% of national employment. A slump could drag down other sectors like steel production. "Beijing cannot afford a collapse in the housing market," wrote Jing Ulrich, chairman of China equities for JPMorgan, in a recent note to investors...