Last week at Caixin Online, Huang Yiping cited tennis star Li Na’s Grand Slam success as a model for reinvigorating financial reform. Now Wu Jinglian, an economist at the Development and Research Center at the State...
Following protests in which workers took a government official hostage, managers of a steel plant in Henan have canceled plans to privatize. From the New York Times: The protests, in Henan Province in central China, were the...
Writing from Hong Kong, Thomas Friedman discusses the Madoff scandal, and relates it to the different approaches the U.S. and China have taken toward managing the end of communism and the rise of capitalism: It is both...
From The the AP, via the Washington Post: A group of Chinese scholars and retired officials has petitioned China’s legislature to halt the privatization of state companies, arguing it has widened the country’s income gap and fueled social unrest, a petitioner said Tuesday. The petition strikes a discordant note just weeks before the annual session […]
From Reuters via the New York Times: A popular television host known as China’s Larry King said on Wednesday that Shanghai authorities pulled the plug on his talk show this year to prevent him from exposing a sensitive case of local official corruption. In his first interview with Western media since being forced off of […]
From Asia Times: Housing privatization in Chinese cities, which only began in the early 1990s, has proceeded at an amazingly fast pace. After a mere 10-plus years, more than 80% of Chinese urbanites now own their dwellings. While the Chinese media boasts that the proportion of private housing in Chinese cities is now higher than […]
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