From the Christian Science Monitor: The visit to Tokyo this week by Chinese Premier Wen Jiabao marks the latest step in what appears to be a remarkable turnaround in the China-Japan relationship. Under former Japanese Prime Minister Junichiro Koizumi, who sparked outrage in China with his visits to Yasukuni Shrine – a potent symbol of […]
Read MoreFrom AFP: Citibank N.A. of the US has agreed to acquire Taiwan’s Bank of Overseas Chinese (BOOC) for 14.1 billion Taiwan dollars (426 million US dollars), BOOC said Monday. Citibank will acquire all 1.194 billion outstanding shares in BOOC at 11.8 dollars per share through its subsidiary Citibank Overseas Investment Corp, the Taiwanese bank said […]
Read MoreFrom BBC News: China will overtake Japan to become Asia Pacific’s largest carmaker by 2010, producing 11 million vehicles, says a global automotive research firm. Japan made 10.8 million cars in 2006, but this is expected to gradually fall to 10 million units by 2010, said JD Power-Automotive Resources Asia. Meanwhile, Chinese production will grow, […]
Read MoreFrom Financial Times: US industry is divided over a decision by the Bush administration to file two cases on Monday against China at the World Trade Organisation over restrictions on foreign media and piracy. The twin cases seek to force Beijing to permit market access for foreign DVDs, CDs, books and software and to protect […]
Read MoreFrom Science Magazine: “When I left China to study abroad, I thought I had left China for good,” says neuroscientist Shigang He. Yet, after earning his Ph.D. and landing a permanent research position in Australia, He started having second thoughts. A visit to a Chinese institute astounded him. Labs were bulging with new equipment and […]
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