From The Christian Science Monitor: High-level criminal charges on both sides of the Taiwan Strait illustrate how the two countries manage corruption. As recent corruption scandals have ensnared top politicians on both sides of the Taiwan Strait, the differences between democratically ruled Taiwan’s approach to corruption and mainland China’s have been on graphic display in […]
Read MoreFrom The Wall Street Journal: The Hong Kong government has abandoned its campaign for a new goods-and-services tax in the face of insurmountable political opposition, a policy reversal that displays the current administration’s weakened position as it approaches the end of its term. Financial Secretary Henry Tang six months ago launched a public consultation on […]
Read MoreFrom The Wall Street Journal: China convened a key meeting of top economic policy makers yesterday to map out strategies to confront a range of problems in its economy including surging growth and a bulging trade surplus. The meeting comes as China tries to move away from its decades-old reliance on export- and investment-driven growth […]
Read MoreFrom Financial Times: Zuo Xunsheng, China Netcom chief, on Tuesday said he expected China to issue third-generation mobile licences as early as the first quarter of 2007. He reiterated that Netcom would definitely receive a 3G licence to expand into mobile telephony. “We will get a licence, perhaps next year’s first quarter,” said Mr Zuo. […]
Read MoreFrom Xinhuanet: China plans to approve the bankruptcy of around 500 more struggling state-owned enterprises (SOE) by the end of this year. According to the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, more than 2,000 SOEs will go bankrupt before 2008. The commission has approved 619 of them. Li Wei, deputy […]
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