From Financial Times: US-Chinese relations are in jeopardy because Beijing is slowing the pace of reform and putting the global economy at risk, Washington’s chief trade negotiator said on the eve of a high-level delegation to China. The Bush administration has identified “troubling indications that China’s momentum towards reform has begun to slow” in the […]
Read MoreFrom Financial Times: A small Macao bank at the centre of a stand-off between North Korea and the US has said it played a bigger role in sustaining the secretive communist regime than previously admitted. North Korea has for a year held back from six-way talks on its nuclear programme in protest at the US […]
Read MoreFrom The Australian: This week USA Inc visits China Inc. A friendly visit. The leaders of both teams want to create an upbeat message. It’s a crucial challenge for Australia too. The last thing we want is friction between two of our three biggest economic partners – fortunately, Shinzo Abe, the new Prime Minister of […]
Read MoreFrom The Financial Times: One of the most important events in modern economic history occurred five years ago on Monday when China joined the World Trade Organisation. This anniversary provides the opportunity to take stock – through a congressionally mandated report issued on Monday by the office of the US Trade Representative – of China’s […]
Read MoreFrom The Moscow Times: China’s rapid economic development is the most amazing story of the past decade — just as the collapse of the Soviet Union and Russia’s slide into irrelevance was the main historical event of the previous 10 years. Until the mid-1980s, Russia and China vied for the supremacy of their respective brands […]
Read MoreFrom LA Times: Taiwan’s ruling party defied expectations that it would be trounced in local elections Saturday, handing President Chen Shui-bian some breathing room after months of fighting off scandals. But the mixed results probably will result in continued political infighting at least through the 2008 presidential election, analysts said. In the two most closely […]
Read MoreThe U.S.-based Chinese Web site Peacehall.com published an intriguing article over the weekend about the emergence of what the author terms “conflicts of no direct interest” (Êó†Áõ¥Êé•Âà©ÁõäÂÜ≤Á™Å) – particularly in relatively developed areas. The piece was written by someone using the nom-de-plume Bai Xing, meaning “Common People”. The rise of these emotionally kindled conflicts will […]
Read MoreFrom BBC News: China has been under pressure to reform its financial markets China is set to see greater competition from foreign banks as a deadline looms for it to open its markets under World Trade Organization (WTO) rules. Monday will mark five years since China joined the WTO, and one requirement included lifting limits […]
Read MoreFrom Los Angeles Times: The country is trying to take over the world, an author says. But that’s not the scary part. The remedies he offers include military action. For some American policymakers and commentators, China is replacing Islamic extremism as the boogeyman under the bed.As they see it, China’s uninterrupted growth poses a threat […]
Read MoreNo one ever knew Superman and Spiderman were journalists, and no one knew Clark Kent and Peter Parker were superheroes. But in real life it’s much easier for us to judge journalists who would be heroes. And when they’re from Henan, they seem to invite an added measure of scrutiny. Henan is known as China’s […]
Read MoreFrom Virtual China: Most common seem to be pictures of officials and police trying to maintain public spaces in the face of China’s urban beggars and homeless, who often show up in the photos resisting attempts to be taken away for “assistance.” According to one story, a woman who wanted the police to stay away […]
Read MoreFrom Forbes: If there was ever a question that 3G is a hot item in China these days, that was answered by the performance of the latest IPO on the Hong Kong Stock Exchange. China Communications Services nearly doubled its offer price on the first day of trading Friday. Underwriters chose an optimal moment for […]
Read MoreFrom xinhua via China Daily: China’s gross domestic product (GDP) is estimated to exceed 20 trillion yuan (2.56 trillion US dollars) this year, up 10.5 percent over 2005, said Ma Kai, minister of the National Development and Reform Commission (NDRC), in Beijing on Saturday. Addressing the national development and reform working conference, Ma said that […]
Read MoreFrom BBC: Voters in Hong Kong are electing the members of a committee that will choose the territory’s next leader. Pro-democracy groups are hoping to win enough representation on the 800-seat committee to enter a candidate in next March’s chief executive contest. There are 427 seats being contested, with the rest already allocated. Candidates will […]
Read MoreFrom BBC: Mayoral votes in Taiwan’s two largest cities have ended, with the opposition winning in the capital Taipei but losing in the port of Kaohsiung. The governing Democratic Progressive Party‘s candidate narrowly held on to the party’s stronghold of Kaohsiung. But the opposition Kuomintang party’s candidate won a huge victory in Taipei. A BBC […]
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