From The Caijing Magazine (in Chinese), translated by Chi Chung via The Press Interpreter: By the time the Olympics is held in Beijing in 2008, China’s foreign currency reserve might exceed 1 trillion USD. We believe that the highly concentrated flow of capital directed by China’s Foreign Reserve Management Bureau will influence the world financial […]
Read MoreFrom SI.com : “China punished 17 athletes last year for using performance-enhancing drugs, imposing penalties that ranged from fines to competition bans of up to two years, the government said Monday. China carried out 4,003 drug tests on athletes in 2004, the Chinese Olympic Committee anti-doping office said in an announcement reported by the official […]
Read MoreOn today’s New York Times, Christopher Hawthorne wrote a story of “Ai Weiwei helped design the Olympics stadium for China. ” “Thanks to his work with the Swiss firm Herzog & de Meuron on the Olympic stadium being built here for the 2008 Summer Games, the Chinese artist Ai Weiwei suddenly finds himself with a […]
Read MoreFrom Agence France-Presse: “China is mulling an “Olympic Games Basic Law” that will spell out regulations on issues including budgetary oversight, broadcasting rights and volunteer services, state press said on Tuesday. A legal framework for the 2008 Games in Beijing has already been drafted by 14 lawyers and has been handed to the Beijing Olympics […]
Read More“Beijing can’t wait for the Olympics, if for no other reason than that by the time the Games roll around, this city will have gone through yet another gargantuan makeover. The new order: Freshest is best, newness is commanded, and the old must be swept out of sight.” Mark Kreidler wrote about “almost anything and […]
Read MoreThe Japan Times had an article about China’s diplomacy in the region: “The world’s attention has been focused on China’s smooth political transition at the last Chinese Communist Party plenum, the possible overheating of the Chinese economy and its impressive haul of 32 gold medals at the Athens Olympics. But little has been said of […]
Read MoreThe Science and Technology Committee of the 2008 Olympic Games launched a new website to promote the theme “High Tech Olympics” (ÁßëÊäÄ••Ëøê). On one level, this is simply an effort to showcase China’s technological achievements. But the theme “High Tech Olympics” is also designed to address other concerns. Committee Vice-Chair Deng Nan (ÈÇìÊ•†, daughter of […]
Read More“China may issue its first licenses for high-speed mobile services next year, to boost competition for current operators China Mobile and China Unicom before the 2008 Beijing Olympics. The country may add licenses using so-called third-generation, or 3G systems to squeeze more calls on existing channels and avoid reallocating government or military airwaves, CRIENGLISH.com reported […]
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