China Issues Standards for Making Steamed Bread Staple –

From Xinhua News: China put into effect a set of reference standards for the production of steamed bread made of wheat flour on Tuesday. China Standardization Administration and General Administration of Quality Supervision, Inspection and Quarantine issued the standards on the Chinese staple known as mantou to improve food safety production, said an official with […]

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Chinese Swoop on Wealth Products – Jamil Anderlini

From The Financial Times: Sales of individual wealth management products in China shot up in the last quarter of 2007 as banks expanded their product offerings, the banking regulator said Wednesday. By the end of September there were 60 banking institutions in China offering individual wealth management services such as mutual funds, insurance products and […]

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Rich ‘Flaunt’ One Child Law – Ji Mi

The report says that “rich and powerful people are openly flouting the state family planning policy in Hubei Province, after paying fines that are far from a deterrent for having more than one child.” From Shanghai Daily: …”However, for those rich, the social upbringing fee ranging from tens of thousands to hundreds of thousands of […]

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Shaolin Plans 300m Yuan for New Temple – Lydia Chen

From Shanghai Daily: Shaolin Temple, the birthplace of Chinese martial arts, plans to spend 300 million yuan (US$41.10 million) on a new temple which will become home to the nation’s biggest Buddhist college. The new temple, on the site of the Donglin Temple in Xingyang County, Zhengzhou, Henan Province, will cover 107 hectares and is […]

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China’s Thriving Confucian Schools – Jill McGivering

A small private confucian school was set up last year in Wuhan. Since then, more than 100 children have enrolled for classes. Parents who send their kids to the school believe that it is a good opportunity for their children to learn traditional culture that cannot be learned by modern education. From BBC News: As […]

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China Central Bank Names Two Vice Governors; Wu Exits – Li Yanping

From Bloomberg: China appointed Yi Gang and Ma Delun as vice governors of the central bank as the government reshuffles jobs after the twice-a-decade Communist Party congress in October. The State Council, China’s cabinet, approved the promotions from assistant governors on Dec. 23, the People’s Bank of China said in a statement on its Web […]

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China Says North Korea Delay “Natural” – Reuters

From Reuters: China, host of six-party talks aimed at reining in North Korea’s nuclear program, on Thursday described North Korea’s failure to meet a deadline to account for its nuclear activities as a natural delay. North Korea failed to meet a year-end deadline to make a full declaration of its nuclear programs under a disarmament-for-aid […]

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China Limits Providers of Internet Video – Min Lee

From AP: China has decided to restrict the broadcasting of Internet videos — including those posted on video-sharing Web sites — to sites run by state-controlled companies and require providers to report questionable content to the government. It wasn’t immediately clear how the new rules would affect YouTube and other providers of Internet video that […]

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China’s Former F1 Track Chief Sentenced To Four Years – AFP

From AFP: The man who helped bring Formula One racing to China was sentenced on Thursday to four years in jail, the latest casualty of a massive Shanghai corruption scandal, state press and a court official said. Yu Zhifei, 55, was sentenced after being found guilty of embezzling 1.05 million yuan (around 140,000 dollars) in […]

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Tsinghua Tops Graduates Salary Count – Du Wenjuan

According to a survey, students who graduate from Tsinghua University get much higher salaries than those from average universities, via China Daily: …This year, the number of graduates will reach 5.59 million nationally, an increase of about 12.9 percent over the last year. But according to reports from human resources agencies, new employees’ expectations in […]

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The Price of Coal – Wu Nan

“China’s behemoth economy may have been built on it, but the people who live in the country’s coal producing regions have been suffering the consequences for decades.” CDT’s Wu Nan tells the story of one young man who decided to fight back. From The Chinadialogue: Hao Hualin calls the place where he grew up, “Talking […]

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