From LA Times: Public humiliation as punishment sets off a debate over individual privacy and the limits of state intrusion. When police in booming Shenzhen organized a parade of 100 prostitutes, pimps, madams and their customers recently, there was little to suggest they were on shaky ground. Not only did it seem like a great […]
Read MoreFrom The Wall Street Journal: China’s embrace of market forces in the past three decades has reshaped virtually every aspect of its people’s lives. Much of the impact has been positive. Hundreds of millions have escaped dollar-a-day poverty. The average Chinese citizen is wealthier, and enjoys far more economic and political freedom, than when overhauls […]
Read MoreFrom The Wall Street Journal: EBay Inc. plans to pull back from the fast-growing Chinese market by shutting down its main Web site in China and replacing it with a new site that would be largely run by a Beijing-based Internet company, say people familiar with the matter, in the latest sign of trouble afflicting […]
Read MoreFrom Asia Times: Like two sides of a coin, China may have gained a lot from its accession to the World Trade Organization (WTO) over the past five years, but at the same time it has lost a great deal. The rich have become richer and the poor poorer, with Chinese farmers and laborers bearing […]
Read MoreFrom Daiwei Blog: China Business Post released a list last week ranking China’s authors by income. From the start it was a coarse measurement – number of books in print over the last decade multiplied by the list price, and then adjusted for a standard 10% royalty. The report then notes that 10% is just […]
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