From Financial Times: China’s defence spending is expected to reach Rmb283.8bn ($36.4bn) this year, up nearly 15 per cent from last year, according to rarely released government data that are likely to heighten concerns over Beijing’s military build-up. The boost in funds, which many experts argue greatly underestimates actual military expenditures, is aimed at modernising […]
Read MoreFrom BBC News: China has announced plans to upgrade its military, highlighting its dispute with Taiwan as one of several regional security threats. In a defence white paper, the government said it would focus its spending on strengthening the country’s naval and air forces. But it said China would “not engage in an arms race”. […]
Read MoreFrom Guardian Unlimited: China’s internet population increased by almost one-third during 2006, reinforcing the country’s position as one of the most powerful internet economies in the world. The total number of people using the internet in China has risen to 132 million, according to state news agency Xinhua. The number of people accessing the web […]
Read MoreA traditional wedding ceremony in Shaanxi province , via www.fengniao.com
Read MoreFrom Bloomberg Google Inc., owner of the world’s most-used Internet search engine, will invest in Shenzhen Xunlei Network Technology Ltd., a Chinese Web site that helps users download videos from the Internet. The investment will probably be disclosed next month, Henry Wang, head of Xunlei’s operations in Shanghai, said today by telephone. He declined to […]
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