From The Washington Post For more than 30 years, Sun Jingxia taught math and Chinese to elementary school children in this small northeastern village (Jinzhou). She was a poor farmer who had not even completed high school. But equipped with a middle school education and a correspondence course from a vocational teaching school, Sun devoted […]
Read MoreFrom The Wall Street Journal: Senior Chinese government officials Tuesday stressed the need to control the country’s massive liquidity or risk higher inflation, amid expectations that export growth momentum will retain this year’s torrid pace. Tried-and-tested steps such as open market operations to soak up excess liquidity will continue to be used, and the central […]
Read MoreFrom CRI English: Director Zhang Yimou has dismissed criticism of Chinese film’s shift to big-budget historical epics, saying China’s unsophisticated movie theater system is to blame, the Associated Press reported on Monday. Famed Chinese directors like Zhang and Chen Kaige have moved from films set in rural China or revolving around traditional Chinese culture to […]
Read MoreFrom Reuters: A tycoon who heads China’s largest private oil group has been detained on suspicion of embezzling 1 billion yuan ($127.9 million) in private and government funds, media reported on Tuesday. Gong Jialong, chairman of the Tianfa Group, owner of listed Tianfa Petroleum Co. Ltd. and head of the two-year-old China Chamber of Commerce […]
Read MoreFrom The Wall Street Journal: China’s economic planners are waving a yellow flag at the nation’s auto industry, warning that growth in car makers’ production capacity is outstripping demand and calling for limits on further expansion. Passenger-car sales have been increasing at a torrid rate, making China the world’s second-largest vehicle market by unit sales […]
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