From Tofu Magazine: When we see the generalised merchandising of words, things, bodies and souls, communication technology, now more than ever, plays a central ideological role in silencing thought. In this new age of alienation, the increasing use of pop stars by the media and in advertising illustrates this debasing process. Pop star culture is […]
Read MoreA rift between China’s State Environmental Protection Administration and it National Bureau of Statistics has “indefinitely delayed” release of the long-promised Green GDP pollution report. From the BBC: Several local governments are reported to have objected to the release of “sensitive” information about the pollution they cause.Government officials from different departments also appear to disagree […]
Read MoreFrom Reuters via The Globe and Mail: In a fresh sign of China’s financial strength, a leap in the shares of Industrial & Commercial Bank of China yesterday made it the world’s biggest bank by market capitalization, overtaking U.S. giant Citigroup Inc. ICBC’s Shanghai-listed A shares climbed 2.68 per cent to 5.75 yuan (76 cents […]
Read MoreHelen Brown discusses the Western enjoyment of China’s “forbidden literary fruit,” with references to yellow books and blue books, Ezra Pound, “cold literature,” and the lack of domestic crime thrillers. From Telegraph newspaper online: Fifteen years ago, a big green book emerged from a country better known for a little red one. Jung Chang‘s family […]
Read MoreWord around Beijing’s CBD is that The Wall Street Journal and its publisher Dow Jones are in talks with Hexun.com about a deal to take a ten to twenty percent stake in China’s best-reputed financial news and information portal. As of last week a deal did not appear far off, two sources with ties to […]
Read MoreAn article from Inside Bay Area shows China as a super-polluter whose soot, mercury, and dust are migrating “6,000 miles across the Pacific to California” and questions its ability to stave off an environmental disaster amidst rapid industrialization. BEIJING ” A pale orange sun hangs low over the evening rush-hour, a brake-light procession of Mercedes, […]
Read MoreA lengthy article in Popular Science Magazine looks at Dongtan and the other planned eco-cities in China, and argues that even without foreign architects’ help, China already has the ability to turn around its own environmental destruction: The plans for Huangbaiyu”one of the half-dozen eco-cities, megalopolises and capitals of pollution I visited this spring to […]
Read MoreReuters reports that two men have been sentenced for their role in violent riots in May over abuse of the family planning policy by local officials in Bobai, Guangxi: The Bobai county court “recently” sentenced a man surnamed Peng and another surnamed Li to two years and one year in prison respectively for stoking the […]
Read MoreSunny Lee, a South Korean journalist based in Beijing, reports on the conditions for foreign media in China by telling the experiences of some foreign journalists. From Asia Times Online: …A former South Korean correspondent, who often wrote unflattering articles on China and interviewed dissidents and pro-democracy intellectuals, always worked as a team with his […]
Read MoreChina Development Bank, a state-owned bank of China, “has become a major shareholder in Barclays, and could soon own 8% of the UK bank.” From Guardian Unlimited: …Barclays announced this morning that China Development Bank is spending ‚Ǩ2.2bn (¬£1.5bn) on a 3.1% stake. It has also agreed to raise its investment to ‚Ǩ9.8bn if Barclay’s […]
Read MoreFrom Business Report: A spurt in Chinese consumer prices has sparked fears of a worldwide inflationary surge at a time of rising oil and food costs and upward wage pressures. Driven by the food sector, Chinese inflation surpassed the preferred 3 percent annual threshold over the past few months and came to 4.4 percent in […]
Read MoreFrom The China post: Beijing’s Silk Alley Market , famous for knock-off designer gear from North Face jackets to Louis Vuitton bags, has been raided again after state media had heralded a clean-out of fake goods. “Authorities confiscated 553 fake Nike shoes, 408 counterfeit Adidas shoes and 160 fake sports suits of the two famous […]
Read MoreFrom Reuters: Chinese police have saved 270 crocodiles from ending up as shoes or handbags after tracking a suspicious boat on a border river, Xinhua news agency said on Monday. Saturday’s seizure was the largest this year in the southwestern region of Guangxi , bordering Vietnam, where just 25 illegally captured crocodiles were discovered in […]
Read MoreFrom Dow Jones: As part of its efforts to boost its sales in China, Coca-Cola Co. (KO) is investing $80 million to build a new China headquarters and research and development center in Shanghai , the company’s new president for China business, Douglas Jackson, said Monday. The R&D center, which is expected to be finished […]
Read MoreThe Financial Times reports on the sky-rocketing prices for Chinese art seen at Poly Auction Co’s recent auction in Beijing: The evening sale netted a total of Yn248m. Sixty-five contemporary works were offered for sale and, of these, 48 matched or exceeded their high estimate. Though some at the auction dismissed the prices as “crazy”, […]
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