From Financial Times: Mainland China’s equity markets will surpass Hong Kong’s in 2007 as favoured locations for Chinese companies to raise capital as the boom in China’s initial public offerings comes home, according to accountancy firm PwC. Capital raised by IPOs in the so-called A-share markets in Shanghai and Shenzhen is forecast to grow about […]
Read MoreFrom Global Voices Online: Teachers in Huadu, an outlying suburb of Southern China metropolis Guangzhou went on strike yesterday in front of the local district government building yesterday, calling for higher wages. A thorough look through Google search results for “Huadu” “teacher” and “protest” suggests a media blackout, which the teachers seem to have expected, […]
Read MoreFrom Virtual China Blog: Tencent, QQ.com‘s parent company, is being sued by an angry user for impersonating a friend and getting him to link through to a contest site. Damages sought: 40,000 Q coins, and 445 5-digit QQ numbers (see previous post on the value of QQ numbers). Is this the first time that a […]
Read MoreFrom Chinadialogue: Beijing is investing in public transportation before the Games, but experts are more worried about the transit crisis they will face after the Olympic torch has left town. Alex Pasternack asks how China’s capital can beat the sprawl. At an afternoon press conference during the International Olympic Committee‘s visit last summer, Hein Verbruggen, […]
Read MoreFrom Danwei Blog: Qiu Xinghua, the mass-murder who was executed last week, wrote his memoirs while in prison. According to his lawyer, this was intended to be a “negative example” to readers, and Qiu was worried that if he were found to be not guilty by reason of insanity, sales would be suffer. Publishing his […]
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