No Retirement Age for Asia’s Billionaires – Bruce Einhorn

“Elderly dynamos” who retain power in their companies – even after they’ve hit their 80s or 90s – are at the center of this article from Business Week: In his eight decades in the media business, Sir Run Run Shaw has built the Chinese-speaking world’s most successful film and TV empire. He was co-founder of […]

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Record Companies Lose Lawsuit Against Chinese Baidu – Xinhua

From Xinhua: A group of leading international record companies have lost their lawsuit against Baidu.com, one of China’s largest Internet search engines, for the alleged illegal downloading and sharing of their music. The seven companies, including EMI, SONY BMG, Warner Music and Universal Music, in 2005, accused Baidu.com of engaging in illegal downloading and playing […]

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Grassroots Democracy According To Hu Jintao – Zhan Chengfu (詹成付)

From China Elections and Governance: … After a preliminary study, I feel that the 17th CPC political report possesses several new and important features in regards to the issue of grassroots democracy. First, grassroots democracy is given more prominent emphasis: The emphasis is given in three areas. First of all, fostering the development of grassroots […]

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Can Eco-tourism Save The Nu River? – Ross Perlin

As China continues to mull damming it’s last free-flowing river, China Dialogue examines a “viable” alternative: In many parts of China, the development of eco-tourism is one strategy among many, but in Yunnan’s Nu River valley, it is a race against time. In fact, if tourism based on the area’s outstanding natural beauty fails to […]

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Baidu CFO Dies In Accident In China – Dow Jones

From MarketWatch: Baidu.com Inc., the Chinese operator of an Internet-search engine, said Chief Financial Officer Shawn Wang died in an accident while vacationing in China on Thursday. A statement from the company on Saturday gave no further details on the accident. Wang joined the company as CFO in September 2004; he’d previously been a partner […]

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China To Crack Down On Unlicensed Food Production, Sale – Xinhua

From Xinhua: China will launch another nationwide campaign on Jan. 1 next year to crack down on unlicensed production and sale of food, in a fresh effort to ensure food safety, the country’s top quality inspection watchdog said. The campaign will target 28 categories of foods, including rice, cooking oil, meat, dairy products, instant noodles, […]

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China and India Make Nice – Anand Kumar

From Asia Sentinel: Driven into each other’s arms by global concerns over energy, Tibet and other issues, India and China conduct their first ever joint military exercises India and China last week concluded their first-ever war games near Kunming in Yunnan province. Although the eight-day exercise, which ended December 28, involved only two companies of […]

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Yuan’s Surge Unlikely To Halt U.S. Criticism – James T. Areddy

From Wall Street Journal: If China’s exchange-rate policy is a speedometer for the government’s move toward market economics, the shift appears to be accelerating. Thanks to a surge in recent weeks, the yuan is set to end 2007 up nearly 7% against the dollar — twice the amount it appreciated against the U.S. currency in […]

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Fewer Chinese to Pay Income Tax – Xinhua

From Xinhua via Shanghai Daily: China’s top legislature has adopted an amendment to raise the individual income tax threshold from 1,600 yuan (about US$220) a month to 2,000 yuan, a change intended to ease the burden of medium- and low-income earners facing higher living costs. The amendment will take effect from March 1, 2008. The […]

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Japan PM Urges China Co-Operation – BBC

From BBC: Japan’s Prime Minister, Yasuo Fukuda, has called for increased co-operation with China in the future, at the end of a four-day trip to the country. Mr Fukuda said the neighbours could do more for the world by co-operating than each would achieve single-handedly. Despite the remarks, earlier talks with his Chinese counterpart, Wen […]

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