From Xinhuanet (link) With 111 million Internet users — 11 percent of the world’s total and rising — China is facing an unprecedented quandary on how to regulate the new medium and perceptions abroad of government controls. Last week, China’s central news websites, including Xinhuanet.com, People.com.cn and China.com.cn, backed a proposal by major Beijing-based portals […]
Read MoreFrom the Financial Times (link) China and Taiwan have edged closer to opening up cross-strait tourism with a proposal by Beijing for regulations to govern the travel of mainland residents to the island. Yesterday’s announcement by Chinese president Hu Jintao came as part of a wide-ranging package of economic benefits handed out by the Chinese […]
Read MoreFrom Bloomberg News (link) Pressure on China to allow the nation’s currency to rise faster may intensify after President Hu Jintao said yesterday that the world’s fourth-largest economy grew faster than economists expected. The nation’s gross domestic product expanded 10.2 percent in the first quarter, more than any of 25 forecasts in a survey by […]
Read MoreFrom International Herald Tribune (link) President Hu Jintao of China said Sunday that his country’s economy grew at the rate of 10.2 percent in the first quarter of this year, a pace of expansion that could force Chinese officials to take action to prevent the economy from overheating. Hu disclosed the growth rate – the […]
Read MoreFrom Beijing Times (link) China’s Ministry of Information Industry (MII) said nearly 90 percent of China’s exported electronic products come from foreign ventures. In the first two months this year, exports of electronic products from foreign ventures in China reached 19.56 billion U.S.dollars with a rise of 41.2 percent year on year, accounting for 86.9 […]
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