Video: Two Minutes in Beijing
Below is a video clip carried by Youtube showing The Forbidden City and Tiananmen Square in Beijing:
Read MoreChina Toy Boss Kills Self After Recall – Audra Ang
Forbes carried AP’s reoport that Zhang Shuhong, the co-owner of Lee Der Industrial Co. Ltd, committed suicide after “China announced it had temporarily banned exports by the company.” Lee Der made 967,000 toys recalled earlier this month by Mattel Inc. because they were made with paint found to have excessive amounts of lead. The plastic […]
Read MoreChina, Mozambique: Old Friends, New Business – Loro Horta
From ISN Security Watch: China’s phenomenal growth and the resultant need for raw materials and new markets has led Beijing to vigorously re-engage with Mozambique, and Africa in general. China’s relations with Mozambique date back to the 1960s when the PRC supported the Marxist-oriented FRELIMO party in its struggle for independence against Portuguese colonial rule. […]
Read MoreTwo Countries, Two Systems, One Porous Border – Andrei Lankov
From Asia Times: The border between North Korea and China is more than 1,000 kilometers long. For most of its length the border goes along two rivers: the Tumen (Tuman in Korean pronunciation) and the Yalu (Amnok for the Koreans). Last month I made a trip along the border, and it was a very instructive […]
Read MoreGripping Conclusion Nears for Pension Fund Scandal – Yang Haipeng, Luo Changping and Chenzhong Xiaolu
From Caijing Magazine: In an apartment in the Luwan district of Shanghai, an old couple has saved a well-worn newspaper dated July 27, 2007. The headline reads, “China’s Central Commission for Discipline Inspection Answers Reporters on Chen Liangyu’s Serious Violation of Principles.” “We know nothing more than what was printed in the paper,” said the […]
Read MoreInflation Surges in China – Keith Bradsher
From The New York Times: Steeply rising food prices pushed inflation in China to 5.6 percent last month, the fastest pace in a decade, government figures showed today, prompting renewed concern about whether inflation would spread more widely in China and abroad. The surge in consumer prices last month pushed inflation past its peak of […]
Read MoreRailway Brings New Era for Tibet – Michael Bristow
BBC carried Michael Bristow’s report on the effects of the railway line linking Tibet to China in its first year of existence. Lhasa’s railway cargo depot lies at the end of a partly-paved road, full of potholes, around 20km (12.5 miles) outside the Tibetan capital. Scurrying to and fro along its platforms, uniformed workers unload […]
Read MoreChina Builds New Great Wall to Defend Against Mice, Not Mongols – Lee Spears
Due to the unusually heavy flooding this summer and the growing use of pesticides that are killing off natural predators to rodents, mice have overwhelmed farmers in Lujiao, in Hunan Province. From Bloomberg: China is building a new Great Wall — a relative miniature at 1 meter (3.3 feet) high — to guard against hordes […]
Read MoreChina, Filling a Void, Drills for Riches in Chad – Howard W. French and Lydia Polgreen
One of many impoverished and debt-ridden African countries that are now attracting Chinese businessmen, Chad is hoping that Chinese investments its oil fields will benefit the economy, instead of corrupt officials. From the New York Times: Chad is as geographically isolated as places come in Africa. It is also among the continent’s poorest and least […]
Read MoreFlooding Wrecks Thousands of Homes in South China – Reuters
From Reuters via Yahoo.com: More than 3,600 houses collapsed in southern China as rains from a fading tropical storm caused widespread flooding, while hundreds of people in the northeast were evacuated to avoid landslides, state media said on Monday. And in the capital, Beijing , a clear, sunny day ended with a brief, but violent […]
Read MoreHSBC to Launch Its First Rural Bank in China – Fu Tao and Wang Zhen
From Caijing.com.cn: The Hongkong & Shanghai Banking Corp. (HSBC) received approval from China Banking Regulatory Commission(CBRC) to launch a small-sized rural bank in Hubei Province , the first rural bank established by overseas lender. This is HSBC’s second wholly-owned branch in China’s mainland after HSBC China was established in Shanghai. Vincent Cheng, Chairman of The […]
Read MoreShenzhen Losing New Blood? – Southern Metro Weekly
Shenzhen, Hong Kong’s window city into the mainland, is known for its progressive reforms and economic openness. It may be famous for repelling the young and the driving forces of innovation. Translated from Southern Metro Weekly magazine and others: Depression is on the rise in Shenzhen over the past few years, along with the skyrocketing […]
Read MoreChina Affirms Dollar’s Global Reserve Status – Richard McGregor
From FT: Beijing on Sunday sought to repair fallout from reports it could use its $1,330bn foreign exchange holdings to put pressure on Washington and the dollar with a statement affirming the importance of the US dollar as a global reserve currency. The official Xinhua news service quoted an anonymous official at the People’s Bank […]
Read MoreMaker of Recalled Toys Killed Himself – Southern Metro Daily
Chinese are also dying from tainted exports. This time the boss. Translated from Southern Metro Daily: A phone call went to a reporter and the other end of the line said the boss of Foshan Lida Toys (Âà©ËææÁé©ÂÖ∑), whose nearly 1 million toys exported to US were recalled, killed himself at his own plant at […]
Read MoreChina Bird’s Nest Designer Rails at Olympic “Fakeness” – Reuters
From Reuters: Two days after China marked the one-year countdown to the Olympics with fireworks, pomp and ceremony, the Chinese co-designer of the Games’ most iconic stadium has slammed the event as a public relations sham. Ai Weiwei, one of China’s foremost architects, said he feels “disgusted” that the $400 million, “Bird’s Nest” National Stadium […]
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