China Lifts Rates, Cuts Tax on Savings – Mure Dickie

From Financial Times: China on Friday responded to a surprise acceleration in growth during the second quarter and a jump in inflation by announcing it would slash its tax on bank deposit interest income and raise interest rates . The moves had been widely expected after Beijing on Thursday unveiled second-quarter growth in gross domestic […]

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More Reactions to the “Fabricated Cardboard-Filled Dumplings Story” from Chinese Media and Cyberspace

CDT yesterday followed some first-time online reactions from netizens to the news that the cardboard-filled dumplings story is fabricated. What about China’s mainstream media? Are there voices other than Xinhua’s official version of this story now? Here are excerpts from an editorial on the Southern Metropolis Daily, translated by CDT: …… if we look into […]

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In memory of Yang Dechang ” A prophet not welcome by his country

From Reading China blog: In the early phase of Taiwan New Cinema Movement, there are two figures: Yang Dechang and Hou Xiaoxian. The audience was divided into the camps of pro-Yang and Pro-Hou. Those loved Hou said that Yang’s work was too cool without Hou’s humanitarianism and embrace of the native soil. The pro-Yang appreciated […]

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Charlie Rose Goes to China

The Charlie Rose Show is reporting from China this week to interview “leaders in business and politics about China’s economy, politics and culture”. The first broadcast is an interview with He Ya-Fei, Assistant Minister of Foreign Affairs. Watch the video here.

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Safety Falters As Chinese Quiet Those Who Cry Foul – Ariana Eunjung Cha

The Washington Post writes about Zhang Zhijian, who was detained in 2006 after reposting an essay outlining collusion between food and drug regulators and pharmaceutical companies: The case of Zhang and other would-be whistleblowers opens a window into the weaknesses of China’s regulatory system, which in recent months has come under global criticism after a […]

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China Actress Hits Blog Success – BBC News

From BBC News: The daily online musings of a popular Chinese actress and director has turned her into one of the world’s most widely-read bloggers. Xu Jinglei has just celebrated her 100 millionth hit since starting the blog less than two years ago, according to the Chinese website Sina. At one point last year, her […]

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US Targets Chinese Music Download Rules – Bradley S. Klapper

From Associated Press via TBO.com: The United States is seeking consultations with China over rules on music downloading and cinema rights that appear to discriminate against foreign sound recordings and films, a U.S. trade official said Wednesday. Hollywood studios and U.S. Internet music providers such as Apple Inc.’s iTunes store could be among the groups […]

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Bank Boss in Dow Jones Deal Probe – BBC News

From BBC News: The chairman of the Bank of East Asia has been told by US watchdogs he may face civil action for alleged breaches of securities laws, the bank says. The Securities and Exchange Commission (SEC) has contacted David Li amid a probe into potential insider trading of shares in Dow Jones. The SEC […]

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China’s Economy Growing at a Breakneck Pace – David Barboza

According to financial analysts in this article, Chinese government is facing a problem of how to tame its phenomenal economic growth. From The New York Times: China said today that its economy grew by at an 11.9 percent annual rate in the second quarter of this year, the fastest pace in more than a decade, […]

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China Slavery Verdict Angers Families – Ching-Ching Ni

Apparently many family members of the victims of the Shanxi slave labor case are not appeased by the recent sentences handed down to brick kiln management: “We are very angry. This sentence is too lenient,” said Zhang Shanlin, father of a young man so badly beaten and burned that he cannot walk without assistance. “The […]

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