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 Development Bank, a state-owned bank of China, “has become a major shareholder in Barclays, and could soon own 8% of the UK bank.” From Guardian Unlimited: …Barclays announced this morning that China Development Bank is spending ‚Ǩ2.2bn (¬£1.5bn) on a 3.1% stake. It has also agreed to raise its investment to ‚Ǩ9.8bn if Barclay’s […]
Read MoreZhou Jiangong, an analyst on China’s economic, political and foreign affairs, reported that China’s weak consumption causes the unbalanced development. From Asia Times Online: Investments, consumption and exports are the troika pulling along China’s economy. But for a long time, growth in domestic consumption has lagged far behind the other two, so much so that […]
Read MoreDeadly flooding, “an annual problem in China,” has killed 150 in the past week and drove 300,000 people to flee their homes. From BBC News: …The storms have not only claimed lives, but also caused damage estimated at millions of dollars and forced thousands of people to flee their homes. State TV showed images of […]
Read MoreJohn Ray from the Guardian reported children beggars’ living condition in Beijing and he is worried about how China will “clear the streets of the thousands” before the 2008 Olympics. But China refuses to say. Nature Has not been kind to Gao Zhou Zhou – though not as cruel as other human beings. Her back […]
Read More
Click on the image to download Firefly for circumvention
CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.
