From Financial Times: China’s central bank raised interest rates for the second time in less than a month on Friday in an attempt to rein in soaring food prices, excessive bank lending and bubbles in the property and stock markets. The People’s Bank of China lifted the one-year benchmark deposit rate by 27 basis points […]
Read MoreFrom China Watch: China’s Ministry of Science and Technology (MOST) has launched a new energy conservation guide for citizens in an effort to promote the twin goals of saving energy and reducing emissions. The guide, printed on recycled paper, discusses 36 categories of household living where people can reduce their energy use, from housing and […]
Read MoreFrom AFP: The income gap between rural and urban areas is widening in China, government data published Friday showed, despite years of efforts from the top echelons of government to bridge the divide. Last year, the average Chinese city dweller earned 3.28 times as much as his fellow citizen in the countryside, up from 3.21 […]
Read MoreFrom the Shanghaiist: Zhao Yan (˵µÂ≤©), the Chinese journalist jailed in 2004 while working for the New York Times is expected to be freed this weekend. Zhao was charged for revealing state secrets after a Times report was published that correctly predicted the retirement of Jiang Zemin (ʱüÊ≥ΩÊ∞ë) as president and Communist Party chief… Father […]
Read MoreFrom China in Transition: Chinese language education is being “marginalized” in colleges and students could not use their native language very well, experts warned. Some universities have canceled Chinese classes, and textbooks in use are of mixed quality. Today’s college students often pick the wrong expressions, confuse with characters and use poor syntax in their […]
Read MoreFrom AP, via International Herald Tribune: Urban Chinese who have more than one child will get a black mark on their credit record, the government said, in a scheme that appeared to target newly rich couples undeterred by fines from having extra children. “In the future, city residents’ family planning violations will be entered in […]
Read MoreBeijing Newspeak uncovers a remarkable quote in the South China Morning Post in which the Director of the Chinese Research Academy of the Environmental Sciences’ Institute of Water Environment reveals statistics that have been classified, including the fact that, “more than 450 drinking water sources in key national environmental protection cities could not meet the […]
Read MoreFrom Xinhua: About 73 percent of Chinese netizens are in sub-healthy state with 70 percent of them suffering from psychological problems, according to a survey conducted by 39.com. The survey said 73 percent of the 150,000 respondents have dizzy, insomnia and arthralgic problems and half of them suffer from stomachache from time to time. More […]
Read MoreThe New York Times reviews the new exhibit at the Metropolitan, “Bridging East and West: The Chinese Diaspora and Lin Yutang“: The collection, acquired by the Met in 2005, is unostentatious, with some 40 examples of painting and calligraphy, all but two dating from the 20th century. Although it has fine things, it is not […]
Read MoreThe Los Angeles Times writes about the government’s efforts at image control in the midst of a spate of bad news: The Communist Party prefers its public relations in the form of carefully scripted reports handed down through controlled channels that praise the leadership and play up the positive. This is especially true in the […]
Read MoreUpdate: Zhao was released early Saturday morning. Journalist and former New York Times researcher Zhao Yan is slated to be released from prison this weekend, according to the New York Times: Prison officials in Beijing told Mr. Zhao’s older sister that he would be released before 9 a.m. on Saturday. The sister, Zhao Kun, said […]
Read MoreFrom Strategic Studies Institute of the US Army War College website: This volume addresses how the leadership of China and the PLA view what size of PLA best meets China’s requirements. Among other things, this analytical process makes important new contributions on the question of PLA transparency, long an issue among PLA watchers. A great […]
Read MoreFrom VoxEU.org: China’s international balance sheet is highly skewed. On the liability side, FDI looms large, with relatively little investment by foreigners in the Chinese stock or bond markets. According to the State Administration of Foreign Exchange (SAFE), FDI accounts for over half of Chinese external liabilities of $965 billion, with portfolio equity and debt […]
Read MoreChina gazers oohed and ahhed last month when five major Communist Party papers ran Sunday editions with nearly identical front pages. Same layout, same photos, same headlines, same sub-headers, and same copy – though...
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