China and India Fail to Dispel Mutual Suspicion – Jo Johnson

From Financial Times: China and India on Tuesday promised to make co-operation rather than conflict the leitmotif of their rise as global economic powers, but failed to dispel the mutual suspicion that continued to blight bilateral ties. Describing China and India as “two major countries in the emerging multi-polar world order” Hu Jintao, China’s president, […]

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Beijing urged to overhaul welfare system – Richard McGregor

From The Financial Times: China must urgently address the nation’s looming pension and healthcare crises while government has the financial resources to tackle them, says Zhou Xiaochuan, head of the central bank. Mr Zhou, governor of the People’s Bank of China, called for a mix of private health and pension insurance and cash support for […]

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Fear and anger in China’s far west – Jehangir S. Pocha

From The Boston Globe, via International Herald Tribune: On a recent Friday, the holy day of Islam, crowds swelled inside the antique Jaman Mosque, the largest in this ancient town in the far western Chinese region of Xinjiang, home to the nation’s small but restive Muslim minority. The turbaned and bearded clerics who preached to […]

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China’s New Culture of Cool – Forum

Right now on KQED’s Forum program, two authors are talking about youth culture in China: Forum takes a look at China’s evolving urban youth culture with the authors of “China’s New Culture of Cool: Understanding the World’s Fastest-Growing Market.” LiAnne Yu and Cynthia Chan are both strategic directors at the consulting firm Cheskin, and co-authored […]

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Official: Pearl River Area Threatened by Water Shortage – Xinhua

From Xinhua: A severe water shortage in the drainage area of China’s third longest river was predicted by an official with the Ministry of Water Resources here on Monday. By 2010, the gross yearly water consumption in the Pearl River area would reach 100.5 billion cubic meters, leaving a huge supply gap of 13.5 billion […]

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China Criticizes U.S. List of Violators – Scott Mcdonald

From AP: China assailed the United States on Monday for listing it as a country that violates religious freedoms. The State Department list released last week included China among Myanmar, North Korea, Eritrea, Iran, Saudi Arabia and Sudan as places where people cannot practice their faiths freely. “The United States’ action violates the basic rules […]

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Writer: Shanghai people too parochial – Xinhua News Agnecy

From Xinhua News Agency: Shanghai people’s inward-looking attitudes are costing the city its status as a global cultural center equal to the likes of Paris, New York or Beijing, said Yu Qiuyu(‰ΩôÁßãÈõ®), a well-known Chinese scholar…. Yu, a native of Yuyao, in east China’s Zhejiang Province, is a writer of prose and art theory. A […]

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More Than 10 Foreign Banks to Open in China – Mure Dickie

From Financial Times: More than 10 foreign banks accounting for over half the total assets held by overseas lenders in China are expected to move quickly to establish local subsidiaries under landmark rules announced last week, according to the national banking regulator. Wang Huaqing, assistant chairman of the China Banking Regulatory Commission (CBRC), said Beijing […]

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U.S. Says It Hopes to Lure More Chinese Students – Loretta Chao

From The Wall Street Journal: U.S. officials said they will encourage more applications from students in China wanting to study in America. Officials from the U.S. Education Department and China’s Ministry of Education signed a memorandum of understanding Thursday about jointly supporting expanded educational opportunities, as well as student and faculty exchanges. U.S. Secretary of […]

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Wumart Reveals More About Chairman’s Resignation – Geoff Dyer

From Financial Times: Wumart, the largest retailer in Beijing, said on Monday its chairman and founder stepped down last week because he was assisting the government with an investigation. Zhang Wenzhong, who set up the supermarket chain in 1994, resigned because he could not continue his role as chairman while the probe was continuing, the […]

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Alarm over China’s arms pursuit – in space – Peter N. Spotts

From The Christian Science Monitor: New alarms are sounding over signs that China may be developing space weapons, reinforcing suspicions that the People’s Liberation Army is increasingly interested in the final frontier as a theater of war. The latest alert came Thursday from an independent panel – created by Congress to assess the economic and […]

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