From the New York Times (link) Airbus is in the late stages of negotiations to build an assembly line for its A320 passenger plane in China, a landmark deal that would significantly lift its prospects for business there. Producing European planes in China would open a new front in the battle between Airbus and Boeing […]
Read MoreFrom AP via San Jose Mercury News (link) A Tibetan Buddhist nun who spent 15 years in prison on political charges was allowed to leave China and flew to the United States on Wednesday, a U.S. activist announced. Phuntsog Nyidron was released from prison in 2004 but her movements were restricted and she was refused […]
Read MoreFrom Shanghai Daily via Xinhuanet (link) China is revamping its fledgling financial sector by trying to create some blockbuster domestic groups that will be strong enough to compete against the foreign giants. The trend, which is likely to lead to companies with structures similar to those of the Western full-service behemoths, will test China’s risk-control […]
Read MoreFrom the Washington Post (link) DONGGUAN, China On a muggy evening in July 2004, on a concrete lane reeking of raw sewage and chemicals from surrounding factories, a stranger leapt from a white van. He yanked 16-month-old Fei Mei from the arms of her 8-year-old cousin and sped away. All night, her parents searched this […]
Read MoreFrom the Financial Times (link) The US administration yesterday said it was heading for a confrontation with China over bilateral economic relations if Beijing did not move immediately to open its markets to US imports. In a harsh speech delivered just a month ahead of a visit to Washington by Hu Jintao, the Chinese president, […]
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