This editorial on The Economist say that fears that China’s economy is overheating are exaggerated: Chinese students may come top of the world league in mathematics, yet the country’s economic numbers are notoriously dodgy. New figures showing that China’s GDP growth quickened to 11.9% in the year to the second quarter, its fastest since the […]
Read MoreHere is Interfax China’s Interview with Michael Zhang, managing director of MediaCom China: The Beijing Olympics, unlike the Olympics in Athens, Barcelona and Sydney, is brand-new, without any precedent, but it will definitely promote the development of Chinese media and the Chinese economy as a whole. China is a rapidly developing country. It is an […]
Read MoreIt appears Steven Spielberg, one of the global gurus of spectacle hired to jazz up the 2008 Games, has finally submitted to pressure from Darfur activists and threatened to quit his Olympics post unless China takes a more active role in the Sudan. From ABC News: As celebrities-cum-activists increasingly link the ongoing genocide with China’s […]
Read MoreA monkey trainer in Datong, Shanxi Province, by zdzarski.junior
Read MoreJoel Martinsen at Danwei writes: In an opinion piece that appeared in yesterday’s Global Times, Ding Gang, a senior editor with the People’s Daily, wrote that China should take pride in what it is rather than worrying about foreign tourists catching glimpses of Beijing’s imperfections. He Dong, who reposted the article on his blog, agrees […]
Read MoreA Belgian businessman, philanthropist and art collector has built a new gallery in the Dashanzi art district in Beijing to house contemporary art: Baron Ullens, who had business interests in China for many years, has collected...
Read MoreThe New York Times reports on China’s aid to East Timor, which it describes as a “soft power” effort to build up allies in the region. According to the article, China is helping to build the future Foreign Ministry, providing assistance to the military, and training civil servants, while also holding onto a potential role […]
Read MoreFrom Financial Times: Air China on Wednesday said profits soared in the first half due to the strengthening Chinese currency, investment gains and a booming travel market. The carrier said its net profit increased more than 2000 per cent to at least Rmb900m ($119m) for the first six months, up from the Rmb45m it reported […]
Read MoreDisgraced former Shanghai Party Secretary Chen Liangyu has been officially dismissed from the CCP and relieved of all his government positions. From the BBC: Analysts say the latest move against Mr Chen could take him one step closer to standing trial on corruption charges… State media said Mr Chen, the former party secretary in Shanghai, […]
Read MoreChina’s stock market surged into a new high Thursday , despite the government’s efforts to cool down the overheated market. However, there are still some opportunities to enter into the market nowadays. From Reuters via Yahoo.com: China’s stock market is dangerously high but environmental protection, water, railways and renewable energy stocks are still worth holding, […]
Read MoreThe Economist reports that foreign businesses in China have not been paying much attention to a new labor law which will drastically change how they operate in the country: For the 2008 Olympics in Beijing, big foreign companies are planning to add swarms of temporary employees. They had better think again. A sweeping new labour […]
Read MoreFrom Financial Times: Beijing raised the limits for overseas investment by Chinese insurance companies on Wednesday to 15 per cent of their assets, potentially adding up to $50bn to the wall of money available. China’s Insurance Regulatory Commission said it was raising the cap on overseas investments by insurers from 5 per cent with immediate […]
Read MoreFrom Force Magazine, via South Asia Analysis Group: The refusal of the Chinese government to give a visa to an IAS officer from Arunachal Pradesh has triggered off a widespread wave of public indignation across India. This was not an isolated incident. Last year, just before Chinese President Hu Jintao’s visit to India, when the […]
Read MoreAlong the Yangtze River, two reporters of The Financial Times interviewing farmers, officials and factory managers about one of China’s most pressing challenges: water pollution: Zhang Lishan stands on a ridge of dirt tending a small vegetable garden surrounded by pools of stagnant, stinking water. His plot near the banks of the Yangtze River in […]
Read MoreGirl in Hong Kong who is playing with a toy, from filmmaker in japan, via flickr.
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