The Chinese Communist Party ended its sixth plenary session meeting on Wednesday in Beijing without mentioning Chen Liangyu and the Shanghai pension fund scandal that brought him down. This is surprising as before the meeting, it was widely expected that Hu Jintao would announce the sentence on Chen. The meeting also shied away from announcing […]
Read MoreFrom Council on Foreign Relations website: The Chinese economic boom could change the global order and lift Beijing above Washington in economic might and influence. The United States is worried about China’s tactic of undervaluing its currency to boost exports, but Beijing has resisted repeated calls to raise the yuan’s value. The result has been […]
Read MoreFrom The Christian Science Monitor: North Korea’s reported nuclear test and the ensuing diplomatic fallout come as China calibrates its role as a rising global power. How a newly emboldened China decides to handle its erratic ally – after what has widely been seen as a slap in the face for Beijing’s negotiating track – […]
Read MoreFrom Financial Times: China appears to be softening its stance on new rules banning foreign news agencies from dealing directly with local clients and imposing censorship on their products, according to Tom Glocer, chief executive of Reuters. Announced last month by sector regulator Xinhua news agency, the regulations drew grave concern from US and EU […]
Read MoreFrom Bloomberg News Industrial & Commercial Bank of China Ltd., the nation’s biggest by assets, plans to raise as much as $19.1 billion in the world’s largest initial public offering, four people involved in the sale said. Beijing-based ICBC plans to offer 35.4 billion shares at HK$2.56 to HK$3.07 apiece, said the people, who declined […]
Read More
Click on the image to download Firefly for circumvention
CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.
