From Financial Times: China’s foreign currency reserves have exceeded $1,000bn for the first time, according to reports yesterday on the country’s state television network. The announcement had been expected since China’s State Administration of Foreign Exchange announced last month that its reserves hit $987.9bn at the end of September. China’s forex reserves became the largest […]
Read MoreFrom A Good Single Life Blog: (Click here to read the post) Ôºä I don’t understand what this little one is thinking at this moment. I cannot see the spirit that once inspired the old era. What has changed?
Read MoreClick here to see an everyday scene on a street of in Nanjing, Jiangsu province. Children are going to school, starting at 5:30 a.m. A typical school backpack for a third grader is 3.3 Kg. When they get home, they still have to do homework for at least two more hours. Thanks to Boxun (ÂçöËÆØ) […]
Read MoreA man counts his cash at the Panjiayuan “ghost” market in Beijing. Photo by chrisjstanley.
Read MoreFrom Reuters: Almost 35 years after President Richard Nixon startled the world by visiting a hitherto hostile China, the boldness of the trip and his meeting with Mao Zedong still capture the imagination. The week-long visit in February 1972 has often been portrayed as a remarkable success that allowed a vehemently anti-communist U.S. president to […]
Read MoreIn the new installment of the Foreign Correspondents Series, CDT ChinaCast talks with Luis Ramirez, the Beijing bureau chief for the Voice of America. Ramirez has covered China for three years. Earlier he served as VOA’s...
Read MoreFrom Shanghai Daily: New Huangpu Real Estate Co (‰∏äʵ∑Êñ∞ȪÑÂüîÁΩƉ∏öËÇ°‰ªΩÊúâÈôêÂÖ¨Âè∏) said its Chairman Wang Zheng (ÁéãÊîø) has resigned, following a report in China’s state-run media of his detention as part of a pension fund probe. His predecessor quit in April, state media reported today. The resignation won’t affect the company’s operations, New Huangpu said in a […]
Read MoreFrom Shanghai Daily: The health of the Yellow River continues to deteriorate as it faces a series of manmade challenges that endanger its entire ecosystem, experts said yesterday. Li Guoying, director of the Yellow River Conservancy Committee (ȪÑÊ≤≥‰øùÊä§ÂßîÂëò‰ºö), said the waterway – known as the cradle of China’s early civilization – is suffering from pollution, […]
Read MoreFrom China Daily: Urbanization is speeding up throughout China, with half the 1.3 billion Chinese or one tenth of the world’s population expected to live in cities in 2010. Every year, about 13 million rural people flood into China’s cities, equivalent to the current population of Beijing, Vice-Minister of Construction Qiu Baoxing told the Fudan […]
Read MoreFrom The Telegraph: Lately in Bumla and Tawang, Nov. 6: Behind the bonhomie and the scenes of good cheer that marked the meeting of Indian and Chinese military officials at the Heap of Stones on the Line of Actual Control across Arunachal Pradesh last Monday, Beijing has quietly slipped in a note of dissent on […]
Read MoreFrom Reuters, via CNN.com: Seventeen miners were killed and dozens were missing after a blast tore through a coal mine in northern China, state media reported on Monday, adding to the country’s grim string of mining calamities. The gas explosion hit the Jiaojiazhai mine in coal-rich Shanxi province near midday on Sunday, the official Xinhua […]
Read MoreFrom CNET Asia: ……YouTube is loaded with material calculated to annoy the Chinese Government. Search YouTube for “Tian’anmen Square” for a demonstration. As anyone who uses Blogspot, the BBC or, until recently Wikipedia, knows, the Chinese Government’s standard reaction is to block sites that have too much objectionable content. Many seasoned China Internet watchers are […]
Read MoreChina and Africa are taking advantage from each other. Read today’s two stories: From The New York Times: China and a number of African nations agreed Sunday on 16 trade and investment deals valued at $1.9 billion, as Beijing extended its efforts to create a broad economic and diplomatic partnership with Africa, a resource-rich continent. […]
Read MoreAfter Shanghai’s party chief Chen Liangyu was sacked, Nanjing’s party chief was fired due to briberies and severe discipline violation, said Taiwan’s United Daily. Wang Wulong (ÁéãÊ≠¶Èæô), party chief of Nanjing, capital city of east-coast Jiangsu province, was fired and expelled from CPC. Wang’s removal could be attributed to two reasons, said the newspaper. First, […]
Read MoreBelow is a partial translation (by CDT) of a post from A Yi’s blog (ÈòøÂøÜ). A Yi is an associate professor at Beijing University. Please take a look at my salary income to see if I can make my living without the so-called...
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