Shanghai “First Secretary” Gets Life – Xinhua

This is Qin Yu (秦裕), yet another domino tile among the many downed in the Shanghai pension fund scandal following the downfall of former Shanghai Party chief Chen Liangyu. Translated by CDT from Xinhua: Known as Shanghai’s “super secretary (上海第一秘)” and “one-month district governor (一个月区长),” Qin Yu served as secretary to Chen Liangyu when Chen […]

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Shanghai Records Hottest Year – Oriental Morning Post

From Oriental Morning Post (东方早报), translated by CDT: In the more than 130 years since Shanghai been taking annual temperature readings, according to municipal meteorological experts, the city’s five hottest years have all occurred in the last decade: 2002 (17.8 degrees Celsius), 1998 (18.0), 2004 (18.1), 2006 (18.3) and, now, 2007 (18.4), the hottest year […]

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China Finds American Allies for Security – Keith Bradsher

From the New York Times: In preparation for the Beijing Olympics and a series of other international events, some American companies are helping the Chinese government design and install one of the most comprehensive high-tech public surveillance systems in the world. With athletes and spectators coming from around the world, every Olympic host nation works […]

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Banner Year for China Stocks – AP

From AP via CNNMoney.com: China’s stock market wound up a stellar – and turbulent – year Friday, with its benchmark Shanghai Composite index having soared nearly 97 percent, making it the world’s best-performing major stock index in 2007. But worries that authorities will raise interest rates or take other steps to cool the country’s blazing […]

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Pakistan’s Darkest Hour – China Confidential

From China Confidential: As if to highlight China’s close ties to Pakistan, on the same day that Pakistan’s former Prime Ministter, Benazir Bhutto , was assassinated, Xinhua reported that the two countries deepened their business relationship. The Pak-China Investment Company, the first joint venture between Pakistan and China in financial sector, was launched Thursday in […]

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Keeping The Faith in China – James Reynolds

From BBC News: At an underground church service in China, you pray as quickly as you can – and hope the police do not come running in. At the end of an alleyway in the north of Beijing, 40 Chinese Christians gather in a small classroom. At the beginning of the service, they bow their […]

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China Telecoms Shares Rise on 3G Talk – Mure Dickie and Justine Lau

From The Financial Times: The shares of Chinese telecoms companies listed in Hong Kong surged yesterday on what the industry’s regulator and a government researcher called speculative reports about the long-awaited introduction of 3G mobile services . While Beijing blamed journalists for misreading its telecoms policy signals, the share moves were a sharp reminder of […]

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Shenzhen Housing Boom Further Ices Up – Guangzhou Daily

An update on Shenzhen’s cooling real estate market. Translated by CDT from Guangzhou Daily: The housing sector in Shenzhen further dipped to new lows in December, according to statistics released by a research center with the Shenzhen Zhongyuan Properties (深圳中原地产深港研究中心). In the year-ending month, buyers only purchased 170,000 square meters of properties among the stock […]

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China’s First Climate Change Lab Opens – Xinhua

From Xinhua via China.org: China opened its first air-sea interaction and climate change laboratory in Qingdao, Shandong Province, to closely observe climate change on the sea and to provide scientific solutions. The newly-built lab in the eastern coastal province, funded and run by the State Oceanic Administration (SOA) First Institute of Oceanography (FIO), would conduct […]

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PXit Strategy – Jonathan Ansfield

From Biganzi’s Jonathan Ansfield: It appears all but official: Xiamen’s Taiwanese-invested paraxylene (PX) plant is likely to get the boot downshore to Zhangzhou. A precedent for public oversight of the planning process, or a mere perfect storm? Future events will determine the full significance of the punkish-sounding anti-PX campaign. But in the Chinese media, official […]

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Why China Should Move the Capital – Xinyu Mei

Xinyu Mei says that China should seriously consider moving its water-poor and overpopulated capital, from China Dialogue: …Retaining Beijing as the capital continues to present problems. A city of 20 million people located in such a water-poor area raises concerns. Should the authorities not consider the capacity of the environment? Can we really afford the […]

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Tech Boom Sweeps China, But Some Sense a Bubble – Ariana Eunjung Cha

China’s the place where everyone wants to invest…right? Its tech sector, laden with both high expectations and unclear results, calls some things into doubt. For more information on the tech boom’s status and its possible future, read on. From The Washington Post: Over the past decade, start-ups have proliferated throughout China, thanks to an aggressive […]

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