Sophia Cao

Sophia Cao is an undergraduate business student at Baruch College in New York. She is interested in Chinese culture and contemporary art, with a particular emphasis on multimedia.

China’s foreign reserves rise past $1.2t – AP

From AP via China Daily: China’s foreign reserves, already the world’s largest, have risen past $1.2 trillion, a state news agency said Thursday, amid surging trade and plans to create a multibillion-dollar company to invest some of the stockpile. The figure, as of the end of March, represented a 37.4 percent rise over the same […]

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Rich Chinese Fancy Luxury Cars – Jason Leow and Gordon Fairclough

From The Wall Street Journal: In the 1990s, many in China considered Volkswagens high class. But today, well-to-do Chinese are hankering for Bentleys, Ferraris, Mercedes, Audis, deluxe Cadillacs and even Rolls-Royces, reflecting the nation’s growing wealth — and a new boldness about showing it off. Luxury cars entered the Chinese market more than a decade […]

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China’s Ministry of Health accuses media of foul play in undercover expose on hospital foibles in Hangzhou – David Bandurski

From China Media Project: In the latest showdown over watchdog journalism and media ethics in China, a spokesperson for China’s health ministry yesterday criticized media for “violating professional ethics” and “misleading the public” in a story on medical fraud that ran last month in a number of newspapers and on major Web portals and caused […]

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