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.

Mandarin Schools Boom in China – CCTV

From CCTV: The first ever exhibition covering almost every aspect of expat life is getting a lot of attention in the city. For foreigners working or studying in China, Mandarin schools are high on demand. There are more than 20 Mandarin schools, catering to Shanghai’s 500 thousand expatriates. About ten mandarin schools, including all the […]

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China Bank Raises Mortgage Interest Rate – AP

From AP via Yahoo News: China has raised mortgage interest rates and increased the downpayment needed for loans to finance purchases of second homes in a move aimed at countering property speculation that is driving up prices. The widely expected moves were announced in notices seen Friday on the central bank’s Web site. Authorities have […]

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Beijing Knocks Down Petitioners’ Houses – Alex Olesen

From Guardian Unlimited: Chinese authorities knocked down part of a rundown neighborhood in Beijing on Wednesday where people live, sometimes for months, while petitioning the central government for help fighting grievances in their hometowns. Authorities sprayed several buildings with water and then crushed them with a bulldozer. The small compound lies next to a massive […]

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China, Japan Marks 35th Diplomatic Anniversary – Xinhua

From Xinhua via China Daily: China and Japan on Thursday expressed the hope that bilateral ties should move headway as they staged grand activities marking the 35th anniversary of the normalization of diplomatic ties. “Chinese and Japanese politicians made strategic decision to normalize diplomatic relations 35 years ago, turning a new chapter of the Sino-Japanese […]

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Beijing’s Housing Market Bubbles – Jonathan Ansfield

From IHT: …”Market growth is the rule here,” noted Anna Kalifa, the head of research for Jones Lang LaSalle in Beijing. “It’s just a question of more or less.” Sale prices of newly built homes slid slightly more than 40 percent year-on-year in the first half of 2007, figures from the national statistics bureau show. […]

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