From The Financial Times: China’s tax revenues have soared by about 30 per cent this year, state media reported on Wednesday, driven by rapid economic growth, bumper corporate profits, more effective collection and a crackdown on evasion. Tax revenue growth of this level would be China’s highest in more than two decades. Beijing’s bulging coffers […]
Read MoreChinese Vice Premier Ms. Wu Yi is signaling that she won’t be around for another five-year term here. Instead she wants to be forgotten. Translated by CDT from China News Agency: “I will fully retire after next year’s two congress sessions,” Wu Yi told an international business delegates during a conference at the People’s Hall […]
Read MoreZhejiang has a town that is famous as a movie-making location. Now some want to build something much grander than just films – a replica of the destroyed Yuanmingyuan Palace. Translated by CDT from China Youth Daily: Hengdian (横店) is Asia’s largest filming location. There is Guangzhou Street, Hong Kong Street, Qin Palace, and other […]
Read MoreA growing problem for foreign firms who play the China game. Translated by CDT from China News Agency: Telecom giant Alcatel-Lucent has agreed to settle a bribery case with the U.S. Justice Department and Securities and Equity Commission, paying out a $2.5 million settlement. Its misdeed was bribing Chinese officials by paying for their 314 […]
Read MoreFrom AP: China hopes its middle class will expand to more than half of its total population by 2020, a Communist Party planner said Wednesday. …Middle class is classified by the government as a family with a household income of between $8,000 and $27,000 a year, Zheng said. Taking into account price changes, authorities project […]
Read MoreFollowing a series of actions by farmers around the country to reclaim farmland that had been taken over by local officials, the government has begun to crack down. Zheng Xinli, deputy director of the Research Institute of the Communist Party, stated that private ownership of land means that landlords own the land “while peasants were […]
Read MoreFrom Los Angeles Times: Does she own jade jewelry worth hundreds of thousands of dollars or doesn’t she? Only her propaganda team knows for sure. The mysterious jewelry tale about Zhang Beili, wife of the Chinese premier, surfaced last month when two Taiwanese television stations ran a story about her interest in bling.
Read MoreCurrent TV has a pair of interesting videos on Chinese urban street fashion, the first shot this summer on People’s Square in Shanghai and the second filmed this winter in a Beijing hutong. [Click to see here and here] In Shanghai:
Read MoreThis photographer says he is a melancholy person, which is reflected in his photos. After he came back home, he could not forget the beautiful scenes and stop talking about Tibet, religion and the essence of life with friends. In part 1, he shows the landscapes of Tibet. In this part, he gives us more […]
Read MoreIn the latest version of the China-as-untapped-market story, U.S. and European pharmaceutical companies see a changing China as the place to maintain sales growth, writes Bloomberg’s Shannon Pettypiece: Penetrating the Chinese market is crucial for the drugmakers as China’s middle class of 300 million already matches the entire U.S. population and will double in three […]
Read MoreToy manufacturing is the gift that keeps giving if you’re on the China beat during the holidays. After presidential candidate Barack Obama’s remarks about banning Chinese toy imports to the U.S., the Los Angeles Times’s Barbara Demick visited Beijing’s Hongqiao toy market: Especially to an older generation of Chinese, who were raised without the privileges […]
Read MoreFrom Danwei blog: For the last seven years, commuters on their way to work in Guiyang have found it hard to buy a morning paper. As part of a campaign to clean up the city’s roadways, the capital of Guizhou Province cleared its sidewalks in 2001 and has kept them free of vendors’ stalls, including […]
Read MoreFrom The New America Media: A long forgotten photo of a young woman strapping a Red Guard arm band on the communist leader has resurfaced on the Internet and brought new infamy to Song Binbin, now a scientist living in the United States. [Full Text]
Read MoreDetermining what Internet content will be deemed acceptable can be quite the task for netizens in China. Some netizens, tired of gingerly stepping around the often ambiguous concerns of web censors, are beginning to show a mounting discontent with the system. The following is one such example. From The Washington Post: Outraged that his Internet […]
Read MoreFrom The Los Angeles Times: They might have had a Christmas baby. But things went terribly wrong the day before Thanksgiving. It started with a bad cough. Li Liyun, a 22-year-old migrant worker, tried to ignore it because she couldn’t afford medicine. She certainly couldn’t afford a prenatal checkup. She and her partner, Xiao Zhijun, […]
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