Sophie Beach is CDT's Operations and Communications Manager. From 2003-2021, she served as Executive Editor of CDT English. She lives in Berkeley, California.
From the American Prospect Online Edition: A major reason why mortgage rates have stayed low is that there’s a lot of money around. And much of that money has been coming from abroad. China and the rest of Asia have been putting their spare cash into America, in order to prop up the dollar and […]
Read MoreNational Public Radio ran a series last week called “China, A Nation of Individuals“: After decades of Communist rule and millennia of hierarchical Confucianism, there is a growing sense of individualism in China. But some, like peasant Wan Shuguang, are confronting limits to that self-identity. Rob Gifford has a series of reports.
Read MoreFrom Forbes: Web media company Yahoo! is in advanced talks to purchase an approximately 35% stake in China’s biggest homegrown e-commerce company for almost $1 billion, in what would be the biggest investment by a foreign company in China’s Internet industry to date, sources close to the negotiations said. Yahoo! (nasdaq: YHOO – news – […]
Read MoreFrom Newsday: China increasingly faces a huge branding problem as it takes its place in the world economy. The nation’s private sector accounts for more than half its economic output; the value of its currency is now allowed to float in reaction to market forces; foreign investment is welcome; and last year China amended its […]
Read MoreFrom the International Herald Tribune: Critics of the World Bank are training their fire on the institution’s loans to China, a capital-rich country on a buying spree for U.S. bonds and companies, saying the money should go to needy nations. The World Bank, whose mission is to fight poverty in developing nations, lends to China […]
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