China Needs to Control Liquidity To Curb Inflation – WSJ

From The Wall Street Journal: Senior Chinese government officials Tuesday stressed the need to control the country’s massive liquidity or risk higher inflation, amid expectations that export growth momentum will retain this year’s torrid pace. Tried-and-tested steps such as open market operations to soak up excess liquidity will continue to be used, and the central […]

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Gallery of airbrushed photos – Joel Martinsen

From Danwei: The blog Pro State in Flames has posted a gallery of photos manipulated to serve prevailing political winds in the Soviet Union and China. Captions are in Chinese, but even without any annotations it’s still fun to identify the holes and watch how Stalin comes and goes – an extensive display of cropping, […]

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Zhang Yimou Blames China’s Movie System – Shanghai Daily

From CRI English: Director Zhang Yimou has dismissed criticism of Chinese film’s shift to big-budget historical epics, saying China’s unsophisticated movie theater system is to blame, the Associated Press reported on Monday. Famed Chinese directors like Zhang and Chen Kaige have moved from films set in rural China or revolving around traditional Chinese culture to […]

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China Oil Tycoon Held in $127 mln Graft Probe – Chen Aizhu

From Reuters: A tycoon who heads China’s largest private oil group has been detained on suspicion of embezzling 1 billion yuan ($127.9 million) in private and government funds, media reported on Tuesday. Gong Jialong, chairman of the Tianfa Group, owner of listed Tianfa Petroleum Co. Ltd. and head of the two-year-old China Chamber of Commerce […]

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China Urges Auto Makers To Slow Down Expansion – Gordon Fairclough

From The Wall Street Journal: China’s economic planners are waving a yellow flag at the nation’s auto industry, warning that growth in car makers’ production capacity is outstripping demand and calling for limits on further expansion. Passenger-car sales have been increasing at a torrid rate, making China the world’s second-largest vehicle market by unit sales […]

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Shanghai considered most fashionable city in China – Peijin Chen

From Shanghaiist: A survey found that Shanghai is the most shi shang (Êó∂Â∞ö, i.e. fashionable, hip) city in China. OK, to be more precise, the study asked the respondents to tell them what they thought the most fashionable city in China was. The respondents were made up of people in first-tier cities with 3,000+ RMB […]

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Chinese Communists Warn on Corruption – Scott McDonald

From AP With yet another top official fired for alleged corruption, leaders of China’s ruling Communist Party warned Monday they are a long way from stamping out the rampant graft that has caused widespread public anger and undermined the party’s standing. The notice came a day after state media said a senior official in the […]

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China’s “Light Green” GDP – Stephen Green

From China Dialogue: A recent “green accounting” report put a headline-grabbing price tag on China’s growth. But how far is the country from calculating its real “green GDP”? Stephen Green reports on the measures that may help to assess its sustainability. A small green bud sprouted in China’s statistical forest when a report that summarised […]

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Top Ten Sex-Related Affairs in China During 2006 – Tianya

From Tianya, translated by ESWN: Compared to the popularity of the Super Girl contest last year, this year’s contest is more sedate. Beneath this calmness, there is a more brutal competition as the temptation of overnight fame led the young girls and even their parents to resort to all sorts of chicanery. There was the […]

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China Rapidly Expands Business in Africa – newkerala

From newkerala.com: Chinese business people have transferred part of their production to Africa this year, bringing capital and jobs to local people in a continent where Beijing is fast becoming a major source of investment and aid. Wang Jianpin, a businessman from Wenzhou, a city in east China’s Zhejiang province, shifted one fourth of the […]

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