Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Thursday, 18 February 2010 - China's ant tribe poses policy challenge for Beijing |
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Australia blocks Iran shipments over weapons fears: PM | 4 February 2010
  • US missile strike kills eight in Pakistan: officials | 2 March 2009
  • French air crash probe: 'no link yet' to sensors | 12 June 2009
  • Fans face long wait for final "Twilight" movie | 4 August 2010


    Forum Views () Forum Replies ()

    Read more with google mobile : China's ant tribe poses policy challenge for Beijing |

    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared U.S. state pension funds have $1 trillion shortfall: Pew 12:15am EST Mossad chief won't quit over Dubai hit: source 12:44am EST For Apple suppliers, loose lips can sink contracts 17 Feb 2010 Bad news for record lottery "winner" 16 Feb 2010 On anniversary, Obama defends economic stimulus 17 Feb 2010 U.S. state pension funds have $1 trillion shortfall: Pew 12:15am EST For Apple suppliers, loose lips can sink contracts 17 Feb 2010 Happiness makes for a happy heart 17 Feb 2010 On anniversary, Obama defends economic stimulus 17 Feb 2010 Foot-long surgical tool left in woman's abdomen | Video 17 Feb 2010 China's "ant tribe" poses policy challenge for Beijing Ralph Jennings TANGJIALING, China Wed Feb 17, 2010 7:07pm EST Related News China in a dilemma as home prices soar Wed, Feb 17 2010 Social, economic dilemma for China as home prices soar Tue, Feb 16 2010 TANGJIALING, China (Reuters) - They sleep in boxy rooms crammed into dingy low-rises and spend hours commuting to work on crowded buses as part of a trend of poorer white-collar workers being forced to the fringes of China's wealthiest cities. World  |  Lifestyle  |  China Some say these struggling college graduates who swarm out of their cramped accommodations and head to work in the urban sprawl each morning are reminiscent of worker insects in a colony. Not surprisingly, they are often referred to as China's ant tribe. The growing ranks of 'worker ants' poses a policy challenge for Beijing's Communist Party leaders as high property prices and dim career prospects thwart the ambitions of many graduates for a comfortable middle-class lifestyle. In Tangjialing, a dusty suburban Beijing village laced with dirt roads, college-educated software technician Kong Chao typifies the spartan existence of many such graduates. "This is hard, but there's no other way," said Kong, 24, who is relatively fortunate as he has a toilet and cooking area in his cramped room and doesn't have to share with other tenants. Kong pays 550 yuan ($81) a month in rent, about 10 percent of his monthly wage. A similar room in a central area of Beijing would eat up most of his salary. "You see what a crowded city Beijing is," he said. "We younger people all come to seek work. But we can take it." The rising number of graduates living on the edge of poverty in China's biggest cities could become a socio-economic challenge for the Chinese government, whose biggest fear is that economic stagnation could stoke discontent among educated urban classes, fuelling protests that challenge Communist Party rule. Although Chinese officials have sought to create a broad urban tier of middle class families with "well-off characteristics" nationwide, a lack of concerted policy action to tackle the proliferating "ant" problem could unleash potential political risks for Beijing in the coming years. "When they're 26, 27 or 28, they'll say 'I need to buy a house', because that means eligibility for marriage," said Tom Doctoroff, a Shanghai-based consumer trends author. "If the time comes to get married and you can't buy, that causes anxiety." The population of 20-something graduates struggling to live on the cheap has been estimated by the state-run China Daily newspaper to reach about a million, with 10 percent in Beijing. PROPERTY CONUNDRUM Surging property prices have been at the crux of the problem. Over the past 12 months, cheap lending has ramped up real estate demand by families and speculators, causing prices to rise by around a third in some cities and turning the possibility of owning their own home into a distant dream for many young couples. With China's property sector crucial for the broader Chinese economy, accounting for nearly a quarter of fixed asset investment, authorities have been at pains to balance the needs of economic stability with those of ordinary citizens. Provincial and municipal governments are being urged to provide more land for affordable housing, and recent indicators suggest China will tighten its monetary policies after opening the taps during the financial crisis, which could alleviate the country's property market bubble. In January, property prices in 70 cities across China rose 9.5 percent from a year earlier. The eighth consecutive year-on-year rise added to worries of a real estate bubble. GLUT OF STUDENTS Since Chinese cities began booming in the 1990s and the workforce began to favor degree-holders over traditional state-run factory workers, people from poorer parts of China have migrated into cities for an education and then a job. China began expanding university enrolment in 1996 to meet growing personnel demands, leading to a surge of graduates over the past decade. Some 6.1 million students graduated last year, about half a million more than in 2008. "This is one of those areas where the government put in a package of policies that were well intentioned but didn't go all the way," said Bessie Lee, China chief executive officer with the media communications group GroupM. "They didn't look to see if there would be enough jobs." Due to the glut of job seekers and the financial crisis, companies in popular cities such as Beijing have slashed monthly wages from between 50 to 100 percent to below 2,000 yuan in some cases, workers say. Some experts suggest the government should divert young professionals into second-tier cities such as Chengdu and Xiamen to take pressure off Beijing and Shanghai. LIVING IN FARM HOUSES For now, educated workers live in tiny rooms carved out of lean-to farm houses or in low-rise flats outside urban job centers because they cannot afford to rent a private flat. In the evenings in Tangjialing, whose population has swelled to 50,000 from 3,000 before the rise of "ants" about two years ago, tenants hang laundry, socialize at greasy diners and use cheap Internet cafes. "They're mostly from other parts of China, so their parents aren't at their side to help," noted Mou Jianmin, who follows the trend as head of a cultural promotion firm in Beijing. In Wuhan, home to a cluster of universities, recent graduates live eight to 10 in a flat in low-rise apartment buildings without heat or hot water, said Swedish-born Maria Troein, who studies and teaches in the central China city. "I wouldn't call it desperation, but there's definitely some anxiety," she said. "There's a dream. (But) the ant people really can't afford to have it," Troelin added, referring to the goal of middle-class prosperity many "ants" pursue amid the squalor. With millions of migrant workers having been laid off from coastal manufacturing hubs during the financial crisis, Chinese authorities have been trying to create more jobs in China's less developed interior to absorb this surplus labor, with increasing numbers of workers choosing to stay at home. One pressure valve, however, may be to encourage graduates to move to cities in China's hinterland where they would have a better chance of buying their own home and could contribute to the government's efforts to stimulate these local economies. For now, though, in Tangjialing, many residents such as high-tech company salesman Li Xingshen, want to stay and claw their way up. Li recently traded a 200-yuan room for a more comfortable 500-yuan one with a private toilet. But this modest step up is all he can afford for now. "If I lived in an actual flat, that would cost 1,000 yuan, then I'm out of money," Li said. (Additional reporting by James Pomfret; Editing by Megan Goldin) World Lifestyle China     Add a Comment More from Reuters Toyota faces new probe on Corolla steering DETROIT/TOKYO (Reuters) - U.S. regulators launched a preliminary investigation into reported steering problems on the Corolla sedan on Wednesday as Toyota Motor Corp faced questions from U.S. lawmakers on whether it had ignored red flags on safety before a wave of vehicle recalls. | Video U.S. state pension funds have $1 trillion shortfall: Pew HP raises 2010 outlook as results beat Street view U.S. dollar strengthens; gold falls on IMF sales | Video BOJ keeps rates on hold Berlin task force questions state aid for Opel: FT » More Top News SPECIAL REPORT: Inside Apple's fortress Inside a walled city in South China and amid intense security, employees are provided with dormitories, canteens and even banks. The goal? Keep Apple's secrets.  Full Article  Apple's iPad e-book store to use DRM Mobile operators fight Apple app store Apple Golden stars and stripes The U.S. dominated day four at the Winter Games led by Lindsey Vonn who overcame a painful injury to win gold in women's downhill.  Slideshow  The bumpier the better for Mancuso Paerson soars in scary crash Slideshow: Figure skating fashion 2010 Winter Olympics © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

    Other News on Thursday, 18 February 2010
    Kosovo independence anniversary highlights EU split
    Britain to investigate link in Hamas man killing
    Google CEO woos suspicious mobile industry
    Lufthansa pilots vote for crippling strikes
    Sarkozy visits Haiti, unveils major aid package |
    Zimbabwe sanctions 'must go': Mugabe
    Record aid to poor nations 'falls short of pledges'
    Syria's Assad holds security talks with U.S. official
    US-TECH Summary
    Scientists recreate Big Bang heat of 4 tln degrees C
    Iran leader accuses U.S. of "war-mongering"
    Jillian Michaels Sued For Third Time For Diet Pills Endorsement
    New York Times reporter accused of plagiarism resigns: NYT
    Group claims responsibility for giant Latvian tax hack
    Shake-up at Venezuela TV station worries Chavez foes |
    Google digital book project gets day in court
    Networks desperately seek data capacity
    Israel says no proof it carried out Dubai killing |
    Air France crash search to continue in mid-March |
    Industry explores new roads with free maps
    Twitter dating for tech-savvy singles
    U.N. calls on Sudan to probe attack on peacekeepers |
    Corruption is surging in Italy, says state auditor |
    Spate of Christian killings before Iraq March vote |
    Pakistan confirms arrest of Afghan Taliban's No. 2
    For Apple suppliers, loose lips can sink contracts |
    U.S. trade body to probe RIM, Apple smartphones |
    US won't talk to Taliban until it cuts Qaida ties
    Dalai Lama heads for White House as China fumes
    Iran supreme leader lashes out at Clinton 'lies'
    Aspirin Found To Aid In Breast Cancer Treatment
    Networks desperately seek data capacity |
    Study Finds Link Between Pumping Pressure On Right Side Of Heart, Deaths
    Taliban town residents skeptical of NATO promises
    U.S. Housing Data Firms As Home Starts Exceed Forecasts
    Google CEO woos suspicious mobile industry |
    UN envoy visits prisoners in northern Myanmar
    Humana Inc. Announces Plan To Cut Staff By 1,500 in 2010
    Jillian Michaels Sued For Third Time For Diet Pills Endorsement
    Roberta Flack To Perform At South Florida Black History Gala
    Ceiling Collapse In Massachusetts Base Injures 2
    US aircraft carrier in Hong Kong amid China tensions
    3 Said Dead In Small Plane Crash In California
    Muslim rebels reject Philippine peace offer
    A look at NATO combat rules in Afghanistan
    New Jersey Man Tells Police He Threw Baby Daughter Off Bridge
    Afghan army raises flag on embattled Taliban town
    Two-For-One Bullet Ends Women's Mardi Gras Partying
    Pakistan confirms Taliban leader's arrest
    Indian firm designs armoured car for hotel corridors
    Carrefour wins appeal against Indonesia antitrust ruling
    China seen flexing financial muscle amid US tensions
    Bharti shares rally as boss hits out at Zain bid critics
    India pegs growth this year at 7.5%
    Pakistan's July-Jan c/a def narrows to $2.487 bln
    Toyota considers recall of top-selling Corolla
    Moore, Bening team up in lesbian family comedy |
    Shroud of Turin to be major tourist draw: officials
    Actors Dancy, Whishaw praised playing gay lovers in NY
    Alexander McQueen hanged himself in wardrobe
    Amsterdam's Van Gogh museum hosts Paul Gauguin exhibit
    Actors Dancy, Whishaw praised playing gay lovers in NY |
    Peru's off-the-books economy a cushion for crisis: experts
    Taiwan to challenge China's 'soft power'
    China contender at Mr Gay World event fears hometown return
    Alexander McQueen hanged himself in wardrobe |
    Can McQueen label survive?
    Lesbian-led film wins cheers at Berlin Festival
    Noisy children no longer 'verboten' in Berlin
    Mossad chief won't quit over Dubai hit
    Fireworks in homeland ahead of Dalai Lama's Obama meeting |
    New HBO online strategy only benefits subscribers
    Dozens of primate species on the brink: study
    FBI Nabs Former Defense Contractor For Bribery, Money Laundering
    Astronomers find oldest stars outside Milky Way
    Mossad chief won't quit over Dubai hit: source |
    US probe launched into Toyota Corolla problems
    Isabella Rosselini, Edgar Ramirez Among Those Featured In New Sundance Channel Shows
    DNA reveals some mystery on King Tut, raises questions
    US hails Taliban commander's capture as 'big success'
    Global cyberattacks hit firms, governments: report
    Country Star Big Kenny Pays Tribute To Late Friend, Haitian Earthquake Victims With New Label
    Facebook tightens privacy on third-party programs
    Sade Earns #1 Debut On Billboard 200 Albums Chart With "Soldier Of Love"
    U.S. agency to probe Kodak claim against RIM, Apple
    Israel says no proof it carried out Dubai killing
    Beyoncé Video Outfit Sparks Lawsuit From Bikini Designer
    Iran says will not give up nuclear work at any price
    Hewlett-Packard profit up 25 percent in first quarter
    Boeing, Machinists Agree On Layoff Deal
    Microsoft weaving social networks into Office 2010
    Egypt's King Tut born of incestuous marriage
    Powerful quake hits near China-Russia border |
    Hewlett Packard Q1 Profit Jumps 25 Percent On Revenue Growth, Cost Reductions
    Greece wants support not money from EU: PM |
    China's ant tribe poses policy challenge for Beijing |
    Study Finds Racial Disparity In Surgical Procedures
    Online rights group calls for Google Buzz inquiry
    U.N. wants to keep Chad peacekeepers, gov't says no |
    Wrongly Imprisoned Man Receives Millions Upon Release
    Does Congo mean business with rush of reforms? |
    FOMC Minutes Show Some Fed Officials Ready To Sell Assets
    Hewlett-Packard profit up 25 percent in first quarter
    China activist lawyer's wife seeks his whereabouts
    Christmas Day bomber 'in over his head:' passenger
    Obama to meet Dalai Lama despite Chinese warning
    New HBO online strategy only benefits subscribers |
    Anwar trial: Judge refuses to recuse himself
    Eight US missionaries leave Haiti for US: witnesses
    Whalers, activists clash again in Antarctic waters
    Rights groups slam Malaysia caning of Muslim women
    Tongan teens appeal against court-ordered flogging
    China's Wang retains short-track speed skating 500m title
    Eight Americans in Haiti kidnap case leave jail
    US open to options in Japan base row: diplomat
    Eight US missionaries arrive in Miami after Haiti release
    Thailand to extradite Briton to UAE in fraud case
    Top US envoy meets Assad as Syria back in from the cold
    Faulty landing gear forces plane back to Sydney
    Seoul shares decline as autos, financials weigh
    Japan central bank keeps interest rate unchanged
    Pakistani stocks up after judicial row settled
    Toyota suffers new blow with Corolla safety probe
    PAKISTAN
    Bank of Japan holds low interest rate
    NZ consumer confidence off highs in Feb
    Seoul shares move in tight range; techs, autos down
    NZ aims to align tax rates, boost capital markets
    Australian Aboriginal singer Ruby Hunter dies
    S.Korea bonds fall on c.bank comment, U.S. lead
    Anthony Hopkins shows his talent on canvas |
    "Messenger" director eyes Kurt Cobain movie
    Rare Sumatran rhino gets pregnant in Indonesia
    Anthony Hopkins shows his talent on canvas
    Film stars take tragic, musical turns on Paris stage
    NBC uses Olympics to lure back lost audience |
    Affleck, Damon reuniting at Warner Bros
    Ninety-Year-Old British Man Delivers Newspapers And New Guinness Record
    Sophie Theallet celebrates femininity, Vera Wang sees black
    Messenger director eyes Kurt Cobain movie |
    California Capital In "Crappy" Conundrum Over Crows
    NBC uses Olympics to lure back lost audience
    TV pitchman Trudeau gets 30-day jail sentence
    TV pitchman Trudeau gets 30-day jail sentence |
    Designer McQueen hanged himself in wardrobe
    Affleck, Damon reuniting at Warner Bros |
    Dubai near certain Mossad behind Hamas killing: report |
    Europeans press Israel on Hamas assassination row
    Daimler posts loss for 2009, upbeat for this year
    Virus has breached 75,000 computers: study
    Dubai near certain Mossad behind Hamas killing
    Societe Generale to pay traders 250m euros
    Florida Golf Course Tightens Security For Tiger Woods Press Conference
    Suicide bomber kills 10 near Iraq govt offices
    Taliban using 'human shields' in Afghan assault
    Atari beams up with new Star Trek online game
    Holbrooke in Pakistan after Taliban arrests |
    Sade Earns #1 Debut On Billboard 200 Albums Chart With "Soldier Of Love"
    U.N. aid chief chides agencies on Haiti relief |
    Canada's privacy czar slams Google social network
    Suicide bomber kills 11 in Iraq's Anbar province
    Hamas sources allege Fatah link to Dubai killing |
    Iran rejection of rights calls contemptuous-Amnesty
    At least 10 dead in Iraq suicide car bomb: hospital
    Suicide bomber kills 11 in Iraq's Anbar province |
    Gunfire erupts in Niger capital in apparent coup bid |
    UK urges Israel to cooperate in fake passport probe |
    Marines still looking over shoulder for Taliban |
    Yemen rebels hand over two Saudi soldiers |
    Amazon launches free Kindle app for Blackberry |
    Florida Golf Course Tightens Security For Tiger Woods Press Conference
    Microsoft/Yahoo search partnership cleared by EU |
    Cyber Attack Drill Finds U.S. Unprepared For Doomsday Scenarios
    Two Burger King Employees Fired, Arrested After Painkiller Found In Sandwich
    Virus has breached 75,000 computers: study |
    Virginia Removes Protections For Gay State Workers
    Atari beams up with new Star Trek online game |
    Courtney Love's Band Hole To Release "Nobody's Daughter" In April
    Army Base Temporarily Closed After Live Ammo Found In Soldier's Vehicle
    Pakistan: Al-Qaida-linked militants arrested
    Bomb kills 29 in Pakistan as US envoy visits
    China Drops Holdings Of U.S. Treasury Notes: What Is It Trying To Say?
    Missionaries Back In U.S. After Release From Haitian Jail
    UN envoy meets freed Suu Kyi aide in Myanmar
    Air Travelers To Visibly See More Technology At Airports Says TSA
    Update: Palo Alto Plane Crash Kills Tesla Workers; Causes Widespread Power Outage
    Truck hits Thai princess' convoy in Bangladesh
    New attempt to extradite Russian arms suspect Bout
    Official: Bomb blast kills 29 in NW Pakistan
    Pakistan avalanche kills 20, 30 buried: police
    Bank of Japan firm in face of political pressure
    Bomb kills 10 near Pakistan militant base
    Sony to close Alabama recording media plant
    Japan mobile company Willcom files for bankruptcy
    Taiwan laptop maker warns of China labor shortages
    Cautious profit taking sends Asian shares lower
    Pakistan's forex reserves ease to $14.32 bln
    Air India wins $174m bail-out
    Beijing's Treasury holdings fall as it diversifies
    N.Korea eases curbs on markets nationwide: group
    US-ENTERTAINMENT Summary
    J.K. Rowling calls Potter plagiarism case absurd |
    Bosnian film ponders strict Islam's place in West
    Indonesian envoys skip meetings over poor English
    McQueen's label will go on, says luxury group PPR
    Bosnian film ponders strict Islam's place in West |
    Israelis race to the slopes for 48-hour ski season
    The martial arts grannies of Kenya's Korogocho slum
    Vancouver's Asians say: 'Go Canada, Go'
    Veterinary Charity Suggests Lenten Practice For One-Third Of Dogs In Britain With Weight Problems
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    BlogMeter 1.01