Mo Ming

China Orders Weeding Out of Corrupt Bank Officials – Keralanext

From The Chinese government will improve the supervision of senior executives in the banking and financial sectors to prevent corruption, a senior official of the Communist Party of China (CPC) said in Beijing on Friday. “Supervision of senior executives, especially the leadership and key officials, must be tightened so as to prevent power abuse, […]

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Xiamen Protest on Video

A video was uploaded on youtube about the protest in Xiamen. Early there were videos on China’s local online video websites. But those videos are now mostly deleted, for example, this one. There are also a few photos uploaded on flickr. A blogger, Linhu Buchong, used cell phone text messages to get in touch with […]

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China Starts New Bankruptcy Law – BBC

From BBC News: China has introduced a new bankruptcy law that gives creditors precedence over workers when it comes to claiming the assets of failed companies. The law also means that, for the first time, private Chinese firms that have failed will be allowed to collapse. Previously they existed in a legal limbo – their […]

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As Pork Prices Soar, Chinese Put Brakes on Corn for Ethanol – Peter Ford

From Christian Science Monitor: Ethanol production has put the Chinese government in an unpleasant bind, as fears rise that the environmentally friendly gasoline additive is also fueling politically dangerous increases in the price of food – particularly pork, a key staple. With the ethanol industry gobbling up a growing share of China’s corn harvest, authorities […]

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