Top Zambia Textile Firm, Running by Chinese, Closing – BBC

From BBC News: Hundreds of Zambian workers face losing their wages after a decision to close the country’s largest textile firm, the AFP news agency reports. Huge losses led Zambia China Mulungushi (ZCMT), run by Chinese firm Quingdao Textile, to shut up shop temporarily while searching for new investment. Some 700 workers are on unpaid […]

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Photo Series: All About Celery

From Chinaeforum: In October 2006 at Yanliang district of Shaanxi Province, one of the country’s biggest celery producing bases, farmers had a bumper harvest but had to dump their produce into ditches due to a dramatic dropping of prices. Unharvested stems of celery were destroyed in the soil to make way for a wheat cycle. […]

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Taiwan Allows Yuan Trading, Pending Formal Agreement – Perris Lee

From The Wall Street Journal: Taiwan will allow foreign-currency transactions on the island involving its currency and China’s yuan on a trial basis, until both sides sign a formal agreement on such exchanges, President Chen Shui-bian said on the Presidential Office’s Web site. He said the trial is necessary because Taiwan is likely to allow […]

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China: Closing the Prosperity Gap – Business Week

From Business Week: In central Hubei province, farmers look at the new hospital in the nearest town with skepticism. As far as Farmer Pei is concerned, it represents a potential expense he can ill afford. Sucking on a cigarette as he walked along a road from his fields, the middle-aged farmer said he was reluctant […]

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Jackie Chan to produce ten movies in China – ApunKaChoice

From ApunKaChoice.Com: Martial Arts superstar Jackie Chan said on his Web site Tuesday that he has a new film company in China. “I just started a company in China and I will be producing 10 films,” Chan said on his official Web site. The Hong Kong action star, who is currently filming ‘Rush Hour 3’ […]

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China’s IPOs Set to Surpass HK – Justine Lau

From Financial Times: Mainland China’s equity markets will surpass Hong Kong’s in 2007 as favoured locations for Chinese companies to raise capital as the boom in China’s initial public offerings comes home, according to accountancy firm PwC. Capital raised by IPOs in the so-called A-share markets in Shanghai and Shenzhen is forecast to grow about […]

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China Tax Revenues Up 22 Percent in 2006 – AP

From AP: China’s tax revenues soared 22 percent in 2006, the government said Tuesday, amid surging economic growth and official efforts to increase tax collections from private industry. Revenues in 2006 totaled 3.8 billion yuan ($480 billion [sic]), the State Administration of Taxation (ÂõΩÂÆ∂Á®éÂä°Â±Ä) said on its Web site. …The tax boom has been driven […]

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Shortage of Nannies Affects Big Cities – China Daily

From China Daily: Tang Haiyang, 29, is both excited and worried: his wife will be giving birth in about a month’s time, and he cannot find a nanny. “At least 60 percent of the city’s more than 400,000 childcare workers or housekeepers have gone back home for family reunions and won’t get back until after […]

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Teachers Strike in Guangzhou – John Kennedy

From Global Voices Online: Teachers in Huadu, an outlying suburb of Southern China metropolis Guangzhou went on strike yesterday in front of the local district government building yesterday, calling for higher wages. A thorough look through Google search results for “Huadu” “teacher” and “protest” suggests a media blackout, which the teachers seem to have expected, […]

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Beijing’s Olympic-Sized Traffic Problem – Alex Pasternack

From Chinadialogue: Beijing is investing in public transportation before the Games, but experts are more worried about the transit crisis they will face after the Olympic torch has left town. Alex Pasternack asks how China’s capital can beat the sprawl. At an afternoon press conference during the International Olympic Committee‘s visit last summer, Hein Verbruggen, […]

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No book deal for Qiu Xinghua – Joel Martinsen

From Danwei Blog: Qiu Xinghua, the mass-murder who was executed last week, wrote his memoirs while in prison. According to his lawyer, this was intended to be a “negative example” to readers, and Qiu was worried that if he were found to be not guilty by reason of insanity, sales would be suffer. Publishing his […]

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China From The Inside: PBS Documentary Starting January 10 – Dan Harris

From China Law Blog: U.S. public television (PBS) will be airing a four-part documentary beginning on Wednesday, January 10, entitled “China from the Inside”. According to the TV Squad Blog, it will delve into both China’s history and its current political landscape and will, among other things, examine China’s treatment of women, its problems with […]

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The Great Firewall of China – Ben Elgin and Bruce Einhorn

From Business Week: A vast security network and compliant multinationals keep the mainland’s Net under Beijing’s thumb. But technology may foil the censors yet… Skype had a dilemma. The Internet telephony and messaging service wanted to enter China with TOM Online, a Beijing company controlled by Hong Kong billionaire Li Ka-shing. Li’s people told their […]

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