Current.com carries Superkiy‘s newly made video “Art Says No to Mao.” Superkiy says that “Chinese contemporary artists are making fun of communism’s sacred cows in the name of art, while over 2200 delegates continue political meetings at the 17th Communist Party Congress in Beijing.” The video illustrates how Chinese artists put their own understandings of […]
Read MorePetroChina, worth more than $1 trillion, surged past Exxon Mobil as its shares nearly tripled in their first day of trading in Shanghai. Alibaba.com went public in Hong Kong Stock Exchange on Nov. 6th, with a market cap of $8.8 billion. The Chinese stock market, IPOs and stock prices are once again the focus of […]
Read MoreFrom Far Eastern Economic Review: There are no paparazzi visible on the hillside above Lee Teng-hui‘s home in the Shihlin suburb of Taipei, but his aide points out where they stake out the house with their long lenses. While the former president is officially retired”two golf bags stand ready by the carport”he remains a political […]
Read MoreFrom Bloomberg: PetroChina Co. almost tripled on its first day of trading in Shanghai, becoming the world’s first company to be valued at $1 trillion, larger than the entire Russian stock market. PetroChina shares rose to 43.96 yuan from the sale price of 16.7 yuan, giving the state-owned oil producer a greater market value than […]
Read MoreMother and son play with water erupting from a manhole in Shanghai, by Victor Ngo via Flickr.
Read MoreFrom Reuters: China suffers a water shortage of nearly 40 billion cubic metres a year which Water Resources Minister Chen Lei blamed largely on global warming, state media reported on Monday. “The changes have led to a combination of both frequent drought and flooding,” the China Daily newspaper quoted Chen as saying. Although global warming […]
Read MoreOn China Elections and Governance, David Kelly translated an essay by Liang Jing: On October 30, Alan Greenspan issued another warning on the risk of a Chinese stock mar¬≠ket bubble. A few months ago, when China’s stock index rose by more than 90% over a year, Greenspan expressed concern that the market could experience a […]
Read MoreNot just everybody’s favorite city for nuclear-caliber hot pot, Chongqing is famous, amongst paleontologists at least, as a haven for dinosaur fossils. On October 23, 2007, dinosaur experts working in the Chongqing Natural History Museum were assembling dinosaur fossil models for a permanent exhibition in Shaanxi. The dinosaur fossils are up to 24 meters high, […]
Read MoreFrom AFP: US Defence Secretary Robert Gates arrived here Sunday for talks with Chinese leaders about a military buildup that has raised US concerns about Beijing’s intentions. A Chinese anti-satellite test in January, advances in cyber warfare, and the development of missiles capable of striking US naval forces and air bases at long ranges have […]
Read MoreFrom 21 Century Business Herald Tribune, summary translation by CDT: A group of academics and scientists have made every effort to protect one of the country’s mother rivers, to no avail. A branch of the Min River, the...
Read MoreCDT’s Jonathan Ansfield wrote the following for his Biganzi column: Boyish Supergirl Li Yuchun made androgyny a sexy subject in China. Celeb social critics Li Yinhe and Yu Dan, plenty butch in their own right, helped to affirm the trend. Never mind that for women in Mao’s time, gender ambiguity was the rule. Today it’s […]
Read MoreThis one’s a few days old, but still well worth the read. From China Dialogue: The political report emerging from China’s recent Party Congress said that the country needs to “build an ecological civilisation”. It’s a remark that has attracted widespread attention. It represents an attempt by China’s leaders to redefine the model of growth […]
Read MoreFrom AP via usatoday.com: China’s central government has subsidized transportation in rural areas and urged local officials to help the urban poor after it raised fuel prices by nearly 10% this past week, state media reported. Those who price gouge or spread rumors about the practice will be “severely punished” in order to maintain stable […]
Read MoreFrom The Financial Times: Hong Kong’s trains are among the most reliable in the world. Comments by Chinese premier Wen Jiabao , however, suggest that the so-called “through-train”, a mechanism to let the ocean of funds trapped in China by capital controls flow into and through Hong Kong, will be indefinitely delayed. It is a […]
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