“The torrid pace of China’s industrial growth has generated serious over-investment in factories and other ventures that are straining the country’s resources. Electricity and water shortages are mounting, transportation bottlenecks are developing, and the first hints of inflation are showing up in official data.” “For Asia, a China slowdown would dent more than just trade […]
Read MoreHere is The New York Times report on an old story of China’s censorship. “But some see worrying signs that the leadership remains instinctively hostile to political discussion and more independent news media. Scholars say they now suspect that Mr. Hu is not as forward-looking as they had once hoped, and at any rate he […]
Read MoreFrom the Washington Post: “It’s a Chinese rite of spring: The National People’s Congress gathers for its brief annual session, and police nationwide detain dissidents, religious activists and anyone else who might disrupt the pageantry of the figurehead parliament. … The stern reaction reflects the dilemma facing Hu’s government, which is promising more responsive rule […]
Read MoreIn the China Daily: “Shanghai Municipality will spend a record 20 billion Yuan (US$2.41 billion) in building and upgrading power infrastructure this year. The city would see the completion and operation of 82 power transmission projects, which would add 10.7 million kVA to the city’s total power capacity this year, said Shuai Junqing, general manager […]
Read More“WASHINGTON — In an unusual letter signed by three U.S. cabinet secretaries, the Bush administration urged China to drop a regulation that would limit the import of wireless technologies ranging from pagers to laptop computers.” … “In the letter, delivered to senior Chinese officials late Tuesday, U.S. Secretary of State Colin Powell, Commerce Secretary Don […]
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