From Reuters via the Washington Post (link): A Chinese official has urged police in a booming southern city to shoot motorcycle-riding purse snatchers before they chop off the hands of victims who resist, a Hong Kong newspaper said on Thursday. Three Chinese police officers were awarded 10,000 yuan ($1,250) each after they shot dead a […]
Read MoreFrom Reuters (link) China’s economic boom is taking Hong Kong’s economy along with it for now, but the rapid development of infrastructure and services on the mainland could undercut the city’s longer-term competitiveness. Hong Kong has become one of Asia’s strongest economies, expanding by more than 7 percent annually in the past two years with […]
Read MoreFrom People’s Daily Online (link) South China’s Guandong Province has approved 58,800 foreign-funded enterprises by the end of 2005, ranking first in the country, according to the local statistics bureau. As one of the most attractive site of foreign investment, Guangdong actually used 12.4 billion U.S. dollars in foreign investment in 2005, up 23.5 percent […]
Read MoreFrom the Washington Post (link): In years past, Raymond Wong laid his chips on the worn-out felt of the baccarat tables at the Lisboa casino, a windowless space that epitomized the seedy reputation of this gambling enclave in southern China. Cigarette smoke hovered over throngs jostling for spots at the tables. Prostitutes trawled the hallways. […]
Read MoreFrom the Washington Post (link): Chinese companies could sign contracts this month to buy $15 billion worth of Boeing aircraft and other American goods and services, a Chinese government spokeswoman said on Wednesday. Chinese Vice Premier Wu Yi is heading a delegation of more than 200 business executives from 110 state-owned and private sector companies […]
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