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.

Chinese Stocks Tumbled on Waning Confidence in the Market – AP

From AP via IHT: Chinese stocks tumbled Thursday on waning confidence in the bull market and worries about government steps to cool the markets. Analysts said the lack of apparent support from state-controlled institutional investors for blue chip shares, often viewed as an indication for government policy intentions, was undermining confidence. Investors were also worried […]

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Should Students Decide Whether Their Classmates Are Poor? – Joel Martinsen

From Danwei: Danwei posted a China Youth Daily’s report on “a new process instituted by the Ministry of Education to determine whether college students deserve financial aid.” The report says that the applicant’s classmates would vote on whether or not the applicant got aid: The rationale, as reported by CYD: In the past, investigating the […]

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3 in US Accused of Enslaving Chinese Acrobats – AP

From AP via China Daily: Three men enslaved more than 20 members of a Chinese acrobatic team, feeding them little, paying them next to nothing to perform and confiscating their passports and visas, US authorities said. A woman who worked as an interpreter for China Star Acrobats escaped late last month and contacted authorities, the […]

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Chinese Entrepreneur Confirms German Airport Purchase – Dai Yan

From China Daily: Pang Yuliang, an entrepreneur from Central China’s Henan Province and chairman of LinkGlobal Logistics Co, said yesterday he would officially acquire the Parchim Airport in northern Germany at a cost of 1 billion yuan (US$130 million) on July 5, making himself the first Chinese to buy a European airport. Pang and the […]

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China-Made Chryslers to Reach U.S. by 2010 – Kirby Chien

From The Washington Post: The first Made-in-China Chrysler cars, built by local partner Chery Automobile Co., could reach the United States or Europe within 30 months, as ambitious Chinese rivals race to penetrate the world’s big auto markets. Ten-year old Chery, Geely Automobile (0175.HK) and Brilliance China Automotive Holdings (1114.HK) (CBA.N) already export to developing […]

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