Gao Fei is the pen name of a journalist from China now living and working in the U.S.
From AP, via Taiwan News Online: Wrigley, Cadbury, Mars and Nestle: It’s hard to mistake the dominant presence of Western candies, gum and chocolates over Asian, and even traditional Chinese herbal candies, on display at the 7-Eleven store in downtown Beijing. “Sales of Western candies and chocolates are much better,” store manager Wang Peng said. […]
Read MoreFrom Bloomberg: Manufacturing activity in China expanded at the fastest pace in more than two years in April, according to a survey of purchasing managers released today. The Purchasing Managers’ Index rose to 58.6 from 56.1 in March, the statistics bureau said in an e-mailed statement. That’s the highest since the index started in January […]
Read MoreFrom iol.co.za: Taiwan on Monday indirectly rejected an offer by China to allow Chinese students to study on the island, a day after Beijing extended an olive branch to Taipei during a forum to improve cross-strait ties. “For Chinese students to study in Taiwan, it is a complicated issue,” said Chen Ming-tong, chairman of the […]
Read MoreFrom AFP, via Citizen.com.za: China’s central bank on Sunday ordered major commercial banks to set aside more money in reserves in an effort to slow its economy after higher-than-expected first-quarter growth figures. The required reserve ratio will rise by 50 basis points to 11 percent with effect from May 15, the People’s Bank of China […]
Read MoreFrom Financial Times: China has delayed indefinitely its national “action plan” on climate change, which was due to be released on Monday after exhaustive consultations among ministries in Beijing and provincial and local governments. No explanation was given for the move, although global warming is causing increasing international concern about the country’s high-speed economic growth […]
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