From Forbes (link) China will likely take a step-by-step approach towards liberalizing domestic prices for oil and oil products following this year’s National People’s Congress which is to due to conclude today, analysts said. China’s policymakers must balance the needs of its rural poor who would be hurt by any increase in prices for oil […]
Read MoreFrom USA Today (link): Beyond the trappings of a lawmaking body, however, the NPC offers little in the way of democracy. People’s deputies are not actually chosen by the people, but rather by the Communist Party. The NPC has never rejected a bill put before it by the government. “I don’t know who my people’s […]
Read MoreFrom the Financial Times (link): China has forced one of the country’s controversial economic commentators off the air, closing his top-rating programme on the grounds that he did not meet the government’s spoken language standards for national television. Lang Xianping, who is also known as Larry Lang, recorded his last programme at the end of […]
Read MoreIn Spiegel Online (link), Andrea Lorenz interviews Chinese economist and reformist Chi Fulin: SPIEGEL: The gap between the rich and the poor is wider than ever, and party leader and head of state Hu Jintao called for the building of a harmonious society. How does he expect such a society to function? Chi: Economic development […]
Read MoreFrom Xinhua (link): In Chinese universities, published dissertations closely correlate with a teacher’s promotion, salary and other perks. Instead of placing emphasis on the quality of research findings, the number of books and research papers that have been published is deemed as a benchmark for the successful academic career of a professor. As a result, […]
Read MoreFrom the Washington Post (link) China is hastening to complete a deal worth as much as $100 billion that would allow a Chinese state-owned energy firm to take a leading role in developing a vast oil field in Iran, complicating the Bush administration’s efforts to isolate the Middle Eastern nation and roll back its nuclear […]
Read MoreFrom vnunet (link) China will soon start tests of its own 3G technology, government-linked sources in the country reported today. Completion of the tests is seen within the industry as a prerequisite for the start of 3G services in China. A Chinese mobile service provider also plans to test the nation’s home-grown TD-SCDMA technology in […]
Read MoreFrom Xinhuanet (link) The listing on overseas stock markets of more than 300 of the largest and most lucrative state-owned companies, has sparked a hot debate in China’s business circles. Ji Baocheng, president of Beijing-based Remin University of China, started the debate when he claimed that the “blind rush” to list the state-owned companies on […]
Read MoreFrom Bloomberge (link) China’s trade surplus narrowed more than expected in February as imports grew at the fastest pace since November 2004. The surplus fell to $2.45 billion from $9.49 billion in January, the customs bureau said today on its Web site. That was the smallest gap since July 2004 and below the median $7.5 […]
Read MoreFrom the South China Morning Post, via A Glimpse of the World blog (link): “Gangsters and police belong to the same family.” For hundreds of years, mainlanders have used this popular idiom to illustrate rampant government corruption and blatant collusion between law enforcers and criminals. The phenomena disappeared after Mao Zedong founded the People’s Republic […]
Read MoreTwo children playing in the KuanZai ally, Chengdu, via www.fengniao.com
Read MoreFrom the AP, via the International Herald Tribune (link): The top advisory body to China’s Parliament promised Monday to promote an official system of virtues conceived by President Hu Jintao that calls for honesty and plain living, amid discontent over corruption and a growing gap between rich and poor. A resolution passed by the Chinese […]
Read MoreFrom the Washington Post (link): President Chen Shui-bian declared Monday that he will soon open debate on a new constitution for Taiwan, including the explosive issues of sovereignty, territory and formal independence for the self-ruled island. But Chen, who has incurred the wrath of China and the irritation of the United States over his relentless […]
Read MoreFrom the Guardian (link): The US is being swept by a rush to learn Mandarin, the official form of the language used in mainland China. From wealthy New York mothers hiring Chinese nannies for their toddlers, to west coast parents demanding classes from their local schools to a defence department education project in Oregon. The […]
Read MoreFrom the International Herald Tribune (link): But alongside what often seems like a one-note U.S. agenda of fighting terrorism, Indonesia and Australia, the next stop on Rice’s journey, have another overriding interest. It can be summed up in one word: China. For Indonesia and Australia, proximity to China is all. For them, China is not […]
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