From BBC News: Typhoon Sepat has reached China, where almost one million people have been evacuated in preparation, state media has reported. Winds of up to 119km/h (74mph) hit east China’s Fujian province early on Sunday, toppling billboards and lifting roofs, Xinhua news agency said. A tornado thought to be spawned by the typhoon killed […]
Read MoreFrom Xinhua: The Supreme People’s Court (SPC) will promulgate judicial interpretations on Property Law, Corporate Bankruptcy Law and regulations of criminal evidences in 2007, according to a SPC annual plan on judicial interpretations. The landmark property law was adopted on March 16 after taking 13 years to wind its way through the legislative process. The […]
Read MoreFrom New York Times: China claims that its economy is growing at 10 to 11 percent a year, and China’s official analysts say that their nation will catch up with the United States long before the 22nd century arrives. Don’t believe it. First, let’s deal with the implausibility of the official Chinese statistics. Mathematically, if […]
Read MoreFrom People’s Daily Online: The Shanghai Municipal People’s Procuratorate has charged property tycoon Zhou Zhengyi with misappropriation of funds, bribery and forging VAT receipts, a procuratorate source said on Friday. Zhou, former president of Shanghai-based property firm Nongkai Development Group, was released from prison in May 2006 after completing a three-year sentence for fraud and […]
Read MoreFrom Bloomberg News: China will probably raise interest rates by the end of September to cool the economy after inflation accelerated to a 10-year high and record trade surpluses pumped cash into the financial system. Rates will increase this quarter for the fourth time since March, 11 of 16 economists in a Bloomberg News survey […]
Read MoreAn opinion piece from the U.K.’s Independent: A businessman was found hanging in his factory last week. The news was lost amid the continuing market turbulence, but it is illustrative of a major story brewing in global markets. Operating out of a small town in Guangdong province, the man’s highly successful company had been at […]
Read MoreFrom San Francisco Chronicle: It was the frugal minicar that lured the Liu family to the showroom, but it was the full-size sedan that hooked them. Like countless other first-time auto buyers in China, the Lius were moving up in the world, and getting four wheels with plenty of steel was a key part of […]
Read MoreWhile other domestic journalists were stopped to investigating this accident, the official Xinhua News Agency had latest death toll in Tuojiang Bridge collapse. From AP, via The International Herald Tribune: The death toll in the collapse of a bridge in southern China jumped to 64 after rescuers found 17 bodies in the rubble, a state […]
Read MoreFrom The Taipei Times: The trip to Taiwan by former US ambassador to the UN John Bolton shows there are at least a few people in the upper tiers of Washington who are prepared to speak in support of Taiwan and to act on their words by visiting and affording respect to the office of […]
Read MoreWith significant media attention on controversies over the Chinese government’s growing role in Africa, the New York Times chooses to look at individual entrepreneurs from China who are setting up shop on the continent: “Before I left China,” said Mr. Yang, now 25, “I thought Africa was all one big desert.” So he figured that […]
Read MoreFrom the Los Angeles Times: According to government statistics, Beijing now has a bit more than 3 million registered vehicles, which pump out an estimated 1.3 million tons of pollutants every year. Local environmental officials cite this as the primary reason behind the city’s ever-worsening air quality and the persistent haze that hovers over the […]
Read MoreAs Beijing restricts odd-numbered cars to driving on odd days and even-numbered cars to driving on even days in a test-run of its Olympics traffic reduction plan, one of the city’s more prominent and irreverent bloggers fantasizes about the potential of “odd-even” (ÂçïÂèåÂè∑Ôºârestrictions to solve some of the country’s other problems. Translated by CDT: Citizens […]
Read MoreThe number of lightning-related deaths is nearly double what it was this time last year. Via CNN.com: All of the victims were villagers, and 79 percent were working in the fields when they were struck, the official Xinhua news agency said on Friday. About two-thirds died between late June and mid-August. Large swathes of China […]
Read MoreLatest news in the China product safety controversy has vice-premier and veteran crisis manager Wu Yi (Âꥉª™ ) stepping in to calm things down. Once described by US Treasury Secretary Henry Paulson as a “force of nature,” Wu consistently ranks near the top in Forbes Magazine’s list of the world’s most powerful women. From the […]
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