Chinese state media are reporting one of China’s largest banks “may” own $20 billion worth of debt in the United States’ gravely troubled lending giants Fannie May and Freddie Mac: The Freddie Mac and...
Read MoreThe Telegraph reports on a recent deal between China and the Democratic Republic of Congo that confirms China as Congo’s largest foreign investor and cements its control over more and more of Africa’s natural...
Read MoreFrom Reuters: The International Monetary Fund’s country representative for Congo, Xavier Maret, said the $9 billion mining and infrastructure partnership with China signed by Kinshasa this year had raised questions about...
Read MoreFrom China Daily: The Ministry of Environmental Protection is strengthening measures to hold polluting companies accountable for land pollution amid increasing public health hazards triggered by soil pollution. They will be held...
Read More“Parents mourn their offspring, and youngsters nationwide help raise funds to aid survivors.” Ching-Ching Ni reports in the LA Times: Marking a sad International Children’s Day, angry parents mourned their...
Read MoreJ. Christoph Amberger writes on todaysfinancialnews.com: The earthquake in China not only destroyed homes and lives. It also disrupted infrastructure, industry and agriculture in the Chinese economic heartland. Combined with the...
Read MoreFrom Telegraph: China’s last Maoist collective, where villagers held out against capitalism, is to privatise after its prosperity was found to have rested on a mountain of hidden debt. While the rest of the country...
Read MoreIn response to the protests against China Olympic Games, the following text is quoted from cbc forums, via C’est la vie blog: What do you want from us? When we were called “sick man of Asia”, we were called peril....
Read MoreThis is an interview by Sang Ye, translated by Geremie R. Barmé: Given the events surrounding the Olympic Torch Relay in London on 6 April 2008, we thought readers would be interested in the following interview with one of the...
Read MoreFrom AP: The troubled Chinese man, obsessed with his outstanding debts, boarded the tourist bus and opened his jacket to reveal explosives. In the only English he spoke that morning, he told the frightened Australian passengers,...
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