From Timsonline: High-powered US overtures to China to hasten its pace of financial reform were swiftly rebuffed yesterday as Beijing said that America had failed to understand the realities facing the world’s fourth-largest economy. As two days of talks in Beijing between the US and China aimed at easing strained economic relations between the two […]
Read MoreFrom Aisa Times: In a report to the eighth All-Russia Congress of Soviets in 1920, Vladimir Lenin famously said: “Communism is Soviet power plus the electrification of the whole country.” Only with modern large-scale production, he argued, could the economic institutions of Russia’s smallholder economy be eliminated. Electricity, by providing the basis for industrialization, would […]
Read MoreFrom xinhua via People’s Daily: China’s police authorities disposed more than 400,000 economic crimes over the past seven years, arresting about 370,000 criminal suspects and recovering 100 billion yuan. The figures were released at an ongoing national symposium on economic crime. Zheng Shaodong, assistant Minister of Public Security, said at the symposium that world economic […]
Read MoreFrom BBC: More than 100 female factory workers in southern China are suing their former employers over suspected cadmium poisoning. The women worked in nearby battery factories in Guangdong, according to state media. Three people have reportedly died as a result of the cadmium poisoning, and others have fallen ill. [Full Text]
Read MoreFrom BBC: A freshwater dolphin found only in China is “effectively extinct”, an expedition has declared following a fruitless six-week search. The Yangtze River dolphin, or baiji, was listed as “critically endangered” on the Red List of Threatened Species. It has been dying out due to habitat degradation, overfishing, pollution and ship traffic – which […]
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