From Financial Times: A small Macao bank at the centre of a stand-off between North Korea and the US has said it played a bigger role in sustaining the secretive communist regime than previously admitted. North Korea has for a year held back from six-way talks on its nuclear programme in protest at the US […]
Read MoreFrom LA Times: Taiwan’s ruling party defied expectations that it would be trounced in local elections Saturday, handing President Chen Shui-bian some breathing room after months of fighting off scandals. But the mixed results probably will result in continued political infighting at least through the 2008 presidential election, analysts said. In the two most closely […]
Read MoreThe U.S.-based Chinese Web site Peacehall.com published an intriguing article over the weekend about the emergence of what the author terms “conflicts of no direct interest” (Êó†Áõ¥Êé•Âà©ÁõäÂÜ≤Á™Å) – particularly in relatively developed areas. The piece was written by someone using the nom-de-plume Bai Xing, meaning “Common People”. The rise of these emotionally kindled conflicts will […]
Read MoreFrom Forbes: If there was ever a question that 3G is a hot item in China these days, that was answered by the performance of the latest IPO on the Hong Kong Stock Exchange. China Communications Services nearly doubled its offer price on the first day of trading Friday. Underwriters chose an optimal moment for […]
Read MoreFrom xinhua via China Daily: China’s gross domestic product (GDP) is estimated to exceed 20 trillion yuan (2.56 trillion US dollars) this year, up 10.5 percent over 2005, said Ma Kai, minister of the National Development and Reform Commission (NDRC), in Beijing on Saturday. Addressing the national development and reform working conference, Ma said that […]
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