China’s National Development and Reform Commission (NDRC) recently attempted to downplay worries over increases in food prices by arguing that rises in income were more than enough to compensate. Writing on his personal...
Read MoreIn Yale Global Online, Paul Mooney makes the link between press freedom and the safety of China’s exports: As lead exporter in many types of products, China takes pride in serving as factory to the world. But a spate of tainted products and recalls involving goods made in China gives many global consumers pause. China’s […]
Read MoreOver the past two months, as the the 17th Party Congress approaches, media and Internet censorship has escalated to an extraordinary degree. While the Party’s newspaper editors are practically frozen, making politically...
Read MoreFrom The China Blog – TIME: A picture in the South China Morning Post shows this slogan on a banner hanging over the mine in northeastern Shandong province where 172 miners were trapped by a flood last Friday. As the accompanying story points out, some of the hundreds of relatives of the miners waiting outside […]
Read MoreTerraced rice fields above a village in Guilin, by Questionhead
Read MoreFrom China Daily: Four men from Central China’s Hunan Province have gone on trial at the Tianhe District Court here charged with trying to sell uranium, a radioactive element used in the production of nuclear weapons. The court heard that between April 2005 and January of this year, Zhang Sangang, Yang Guoliang, Li Zi’an, and […]
Read MoreFrom Xinhua: China and Laos on Thursday signed six deals on cooperation in various fields in a bid to further boost their traditional friendship. The six deals involve cooperation in such fields as food safety, loans and aeroplane programs. Chinese Premier Wen Jiabao and visiting Laotian Prime Minister Bouasone Bouphavanh witnessed the signing ceremony following […]
Read MoreWilliam Pfaff is the author of eight books on American foreign policy, international relations, and contemporary history. He also writes a newspaper column, featured in The International Herald Tribune. From Williampfaff.com: Washington and the European capitals are all preoccupied with China’s economic growth and expanding international influence and activities, taken as evidence that in the […]
Read MoreThe BBC looks at the effects of the one-child policy on the condition of the elderly in China today: Right now Jie Jie has absolutely no idea how much his family is counting on him. When he gets older, he will have to support them all. Six adults – and just one child. This is […]
Read MoreAuthor Ross Terrill discusses the government’s efforts to present a happy face (which speaks good English) for the Olympics and argues for depoliticization of the 2008 Games: The penalty for “Chinglish” is usually humiliation, not incarceration. Still, citizens are asked to snitch, Mao-era style, on people who shame China with their shaky English. An outfit […]
Read MoreFrom Earthtimes.org: The index that tracks mainland China’s largest bourse surpassed 5,000 for the first time Thursday as it reacted to the worldwide market rebound and shrugged off government efforts to cool off the economy. The Shanghai Composite Index rose 1.05 per cent to 5,032.49 although the central bank raised interest rates Wednesday for the […]
Read MoreFrom AFP via Business Report: Industrial and Commercial Bank of China , the nation’s top lender, said it was not worried by US subprime troubles, as mortgage-backed securities were a tiny percentage of its assets. Subprime-related mortgage-backed securities amount to $1.23 billion, or 4.32 percent of the bank’s total foreign currency fixed income investments, Bank […]
Read MoreFrom AP via The China Post: China’s biggest city plans to tighten controls on purchases of property by foreign companies to help cool surging real estate prices, a report said Wednesday. “We no longer encourage foreign companies to purchase en-bloc properties rather than develop their own,” the state-run newspaper Shanghai Daily quoted Liu Jinping, head […]
Read MoreFrom BBC News: Half-year profits at two of China’s biggest banks have surged on the back of higher lending and rising fees. Industrial & Commercial Bank of China (ICBC) , China’s biggest bank, said net profits for the six months to June rose 62% to 41.04bn yuan ($5.4bn; ¬£2.7bn) Meanwhile, Bank of China revealed net […]
Read MoreChina announces a new labeling system designed to quiet the recent storm over tainted food exports. Via the Economic Times (India): Food exports that have passed inspections will carry the label “CIQ”, which stands for China Inspection and Quarantine, agencies reported, citing a regulation from the nation’s quality watchdog. Packing must also carry information, such […]
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