China is attempting to force companies to upgrade their technology by imposing export limits on manufactured goods and by restricting raw materials imports. From Bloomberg: China will curb exports of cheap labor-intensive products to force manufacturers into making higher-quality goods, in a move to narrow the world’s largest trade surplus and reduce environmental damage. The […]
Read MoreChina Environmental News Digest has published a slideshow of eco-city Dongtan to accompany an article by Mackenzie Funk which first ran in Popular Science: [Image: The proposed Dongtan site as seen from the Yangtze River. Green spaces are a integral part of the plan: all residents will be within walking distance public green areas.]
Read MoreFrom CNN: With a year to go before the 2008 Olympics get under way, questions linger over China’s efforts to improve its human rights record. Observers and pressure groups have criticized the efforts of the Chinese government and the International Olympic Committee (IOC) since Beijing won the bid in 2001, rejecting assertions by both that […]
Read MoreChinese consumers favor California’s specialty foods, especially in the wake of food safety concerns in China. From the Washington Post: Some California growers are cashing in on China’s increasing wealth and growing hunger for table grapes, almonds and other high-quality fruits and nuts that don’t grow as well in the Asian nation. Such pricey commodities […]
Read MoreFrom BBC News: China’s yuan has recorded a new high against the dollar ahead of a visit to the country by a top US official. The yuan stood at 7.5596 against the dollar, 7.28% higher than its value in July 2005 when the government ended its fixed exchange rate policy. Analysts said the currency had […]
Read MoreFrom Reuters: A Chinese blogger who billed himself as the “patron saint” of stock tippers will be charged with conducting an illegal business believed to involve as much as 10 million yuan ($1.32 million), Xinhua news agency said. Changchun prosecutors will file the case against Wang Xiujie, known to his online readers as “Big Brother […]
Read MoreFrom Financial Times: Fundraising for private equity in China bucked the overall trend in Asia by more than doubling in the first half, at a time when private equity managers are struggling to put their Chinese money to work, figures on Tuesday revealed. Private equity firms raised $5.26bn to invest in China, a 239 per […]
Read MoreAs Chinese authorities continue to investigate fake-drug rings that sold conterfeit products over the internet, China’s Cabinet drafted a food safety law and issued a short statement online. From USA Today: China’s Cabinet passed a draft regulation Wednesday mandating stronger supervision over food safety as authorities announced a past crackdown on criminal networks that made […]
Read MoreFrom the Wall Street Journal: The European Union’s product-safety chief said she is prepared to block China’s access to the European markets for unsafe goods if the country doesn’t take firm steps to pull up its manufacturing standards. After touring a national toy-testing center and a doll factory Wednesday, Meglena Kuneva said that she was […]
Read MoreMom and her kid feeling happy:
Read MoreAfter ancient China gave the Four Great Inventions to the world, it has kept silent for centuries. But “now it wants to start innovating again.” From BBC News: Since 1999, Chinese spending on research and development has grown by 20% every year. Hu Jintao has set a research and development target of 2.5% of gross […]
Read MoreAsia Times reports on the debate over political reform in China which is being aired in the media and academic journals, but which may be put to rest once the 17th Party Congress approaches in the fall: For now, Chinese leaders do not want to alienate either side in the increasingly heated battle over the […]
Read MoreAccording to Reuters and Xinhua, provincial officials in Hunan are planning to levy exorbitant fines on those who violate the one-child policy in an effort to target the wealthy elite who can afford to violate existing rules. The Reuters article says that in Hunan between 2000-2005, 1,968 officials violated the policy including a delegate to […]
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