Full Contents - March 2006

Washington
The shot across the bows that was the Bush administration's 2006 Economic Report is likely to be followed by increased pressure on China over its huge trade surplus and the snail's pace of its currency revaluation. As the US congressional elections loom ever closer, politicians will get nervous about facing voters without even an anti-China quote to their names to allay concerns about job security. Europe is unlikely to waste time joining in the tub-thumping over the "loss" of jobs to China and "unfair" exchange rates. In short, protectionism is in the air.

Evading the pirates
Piracy may have killed China's consumer software sector, but the smart operators are finding money can be made where the pirates can't reach.
Closing the IT gap
Foreign tech providers are riding high as China's banks spend big on new systems in a bid to put their services in the same league as those of foreign players

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