China Defines Key National Economic Sectors – xinhua

From xinhua via People’s Daily Online: As part of an ongoing drive to improve the efficiency with which state funds are used, China Monday published a list of seven sectors critical to the national economy and in which public ownership is considered essential. The sectors are armaments, electrical power and distribution, oil and chemicals, telecommunications, […]

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Why 2007 Is a Make-or-Break Year for China – William Pesek

From Bloomberg News: Of all the questions facing Asia in 2007, none looms larger than what to expect from China. The last 12 months proved more than ever how much Asia is relying on its second-biggest economy. Japan may be back and the U.S. economy is by far the world’s largest, yet China’s 10 percent […]

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Campaign of Shame Falls Flat in China – Mark Magnier

From LA Times: Public humiliation as punishment sets off a debate over individual privacy and the limits of state intrusion. When police in booming Shenzhen organized a parade of 100 prostitutes, pimps, madams and their customers recently, there was little to suggest they were on shaky ground. Not only did it seem like a great […]

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China Wins and Loses in the WTO – Zhou Jiangong

From Asia Times: Like two sides of a coin, China may have gained a lot from its accession to the World Trade Organization (WTO) over the past five years, but at the same time it has lost a great deal. The rich have become richer and the poor poorer, with Chinese farmers and laborers bearing […]

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Chinese Authors Ranked by Income, Sort of – Daiwei

From Daiwei Blog: China Business Post released a list last week ranking China’s authors by income. From the start it was a coarse measurement – number of books in print over the last decade multiplied by the list price, and then adjusted for a standard 10% royalty. The report then notes that 10% is just […]

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Beijing, Xi’an Have the Dirtiest Air in Aisa – India Times

From India Times: Beijing, followed closely by Xi’an, Kathmandu, Dhaka and New Delhi, have the dirtiest air of major Asian cities, according to pollution readings compiled by the Asian Development Bank and obtained during a conference. Air pollution in these cities is five to six times as high as levels that the World Health Organization […]

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Gao Qinrong Silenced Again

Sometime overnight, Biganzi/CDT has learned, Internet authorities ordered a blackout on the subject of freed ex-journalist Gao Qinrong [see earlier post]. “We’re not allowed to run the story anymore,” the editor of a major Internet portal said on Monday. “It [the ban] appears to be fairly comprehensive.” In Beijing, Gao’s name in Chinese (È´òÂã§Ëç£) no […]

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Growing Middle Class Raises its Voice in Chinese Boomtown – Howard W. French

From International Herald Tribune: When residents here in southern mainland China’s richest city learned of plans to build an expressway that would cut through the heart of their congested, middle-class neighborhood, they immediately organized a campaign to fight city hall. Over the next two years they managed to halt work on the most destructive and […]

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Wal-Mart China Headquarters Sets up Communist Party Branch – AP

From AP via International Herald Tribune: Wal-Mart Stores Inc. has set up a Communist Party at the headquarters of its China operations, news reports said Monday. The move follows the success of China’s government-sanctioned union body in organizing unions at Wal-Mart’s 68 outlets in China. The party branch was set up Saturday at Wal-Mart’s China […]

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Why No Industrial Revolution in China – David Landes

From Unsettling Economics blog: David Landes recently published an article explaining why the West prospered more than China. You can read the whole thing and scroll down. Landes finds the usual ” that China lacked the proper market arrangements that makes capitalism work. But then he goes further, suggesting that the monasteries (hardly what one […]

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Why No Industrial Revolution in China – David Landes

From Unsettling Economics blog: David Landes recently published an article explaining why the West prospered more than China. You can read the whole thing and scroll down. Landes finds the usual ” that China lacked the proper market arrangements that makes capitalism work. But then he goes further, suggesting that the monasteries (hardly what one […]

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