From the New York Times: In a conference room at a Holiday Inn last week in Connecticut, 167 young women from 22 countries received a tutorial in catering to the needs of the affluent American child. Many of the women were German. But two drew particular attention, Kunyi Li, 23, and Man Zhang, 24, among […]
Read MoreFrom the New York Times: In a reversal of fortunes that may say as much about Chinese power politics as it does about corruption, China’s richest commercial city has come under investigation by the central government for a huge pension fraud scheme. So far, the budding scandal, which has been written about in unusual detail […]
Read MoreFrom the New York Times: A Chinese researcher for The New York Times, sentenced to three years in prison for fraud, decided Monday to appeal his conviction, one of his lawyers said. Zhao Yan, 44, who worked in The Times’s Beijing bureau, won a victory on Aug. 25 when a Beijing court dismissed the more […]
Read MoreFrom Bloomberg: Two former managers at Bank of China Ltd., jailed in Las Vegas on racketeering and money-laundering charges stemming from the alleged theft of $485 million, say they’re being framed to cover up corruption and incompetence at the state-owned lender. “The Chinese government made up evidence and used it to make me look responsible,” […]
Read MoreIn the International Herald Tribune, David Barboza writes about author Yu Hua and his book, Brothers, which is a best seller is China: The most talked about novel in China this year is “Brothers” by Yu Hua, a surreal tale of two stepbrothers coming of age during the economic boom. The novel, which was published […]
Read MoreFrom Brad Setser’s Blog: In July, China’s reserves increased by $13.4b or so, reaching $954.5 billion. China’s July trade surplus was $14.6b. Valuation changes from moves in the euro-dollar didn’t have much of an impact in July. Nor did the yen dollar. The market value of the ten-year Treasury note rose in July (interest rates […]
Read MoreFrom The Economic Times: India and China are expected to sign at least 12 pacts during the upcoming visit of President Hu Jintao here in November this year. Preparations in this regard are already underway, Chinese Ambassador Sun Yuxi said here today. Hu is visiting India more than a year after Chinese Premier Wen Jiabao […]
Read MoreFrom BusinessWeek, via The Brookings Institution: The emergence of China over the past decade as a major importer of oil has catapulted energy toward the top of the list of issues — up there with trade and Taiwan — that are major sources of friction in Sino-American relations. China’s rapidly rising demand for energy is […]
Read MoreFrom BBC News: Director Lou Ye(®ÑÁÉ®) has been banned from making films in China for five years for submitting an entry for the Cannes festival without government approval. Lou entered romance Summer Palace for competition without clearing it with China’s censors, state media reported. The film, which features explicit sex scenes, takes place around the […]
Read MoreFrom the New York Times: Dark as soy sauce, perfumed with a chemical stench, the liquid waste from two paper mills overwhelmed the tiny village of Sugai. Villagers tried to construct a makeshift dike, but the toxic water swept it away. Fifty-seven homes sank into a black, polluted lake. The April 10 industrial spill, described […]
Read MoreFrom Xinhua News Agency: A Chinese director has released a new film — to critical acclaim in China — which he claims will redress misrepresentations of Japanese war crimes during World War II. “Tokyo Trial(‰∏ú‰∫¨ÂÆ°Âà§)” recounts the court proceedings against 28 top Japanese war criminals at the International Military Tribunal for the Far East after […]
Read MoreFrom CRI online: This picture is the Sept. 13, 1963 cover of Time magazine. Headlined “Red China, An Arrogant Outcast”, it portrays a lot of problems in China. On the top of the boat are Mao Zedong, Liu Shaoqi, Zhou Enlai and Deng Xiaoping. In the very crowded, patched dragon boat, people uphold banners reading […]
Read MoreFrom AP, via the International Herald Tribune: China is set to invite North Korean leader Kim Jong Il to Beijing to mend soured ties and prevent further provocations by its communist ally, a news report said Sunday, amid fears the North might test a nuclear bomb. China is expected to extend its official invitation to […]
Read MoreFrom CNN: Dry conditions threaten farmland in China. CNN’s Stan Grant reports [Click to see] See also Millions of tonnes of grain lost in China drought by Reuters, China drought leaves millions without water by AP, China sees warming behind extreme weather by Reuters, Gov’t Denies Droughts Caused by Big Dams by Antoaneta Bezlova, China […]
Read MoreFrom Reuters via the New York Times: Fourteen coal miners died at the weekend in two separate accidents, while the death toll at a third pit climbed to nine, underscoring China’s reputation as the world’s deadliest mining industry. A gas explosion in a pit in the southwestern province of Guizhou killed eight workers, and injured […]
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