From Spiegel Online: Central government planners are worried. They want to steady the economy in the bellwether city at all costs — for fear of an impending crash. Such a meltdown could spark unforeseen consequences, and deal a crushing blow to state banks that have amassed billions in distressed debt. To ward off the apocalypse, […]
Read MoreFrom BusinessWeek Online: Its growing clout is clear in two events: A visit to Beijing by Saudi King Abdullah, and the hot bidding over Westinghouse and the chance to build nukes for China. The world rightly marvels at China’s rapid economic ascendancy, but far less appreciated is how its modernization strategy hinges on access to […]
Read MoreFrom People.com.cn, translated by EastSouthWestNorth: The following is a photo-play by a reporter from the Strait Metropolis News (Fuzhou) working undercover to investigate a “Disappearing Fairies” racket in China (see People.com.cn, December 31, 2005) The scene is Lin Zexu Plaza in Fuzhou city, Fujian province, China. It is well known that there were a dozen […]
Read MoreFrom the New York Times Magazine: The year I turned 16, a new product caught my eye. Fruit Treasure, as Tang was named for the Chinese market, instantly won everyone’s heart. Imagine real oranges condensed into a fine powder! Equally seductive was the TV commercial, which gave us a glimpse of a life that most […]
Read MoreFrom Knight-Ridder, via the Miami Herald: Tang Jianliang, a 34-year-old migrant worker, stood forlornly on a sidewalk outside the construction site where he works in this booming southern city. Cement dust coated his old clothing. “I haven’t been paid in four months,” Tang said. He’s not alone. China estimates that millions of migrant workers are […]
Read MoreFrom the Guardian: “Uncle Dashan! Uncle Dashan!” In a smart bookshop in Chongqing city, deep in the humid heart of Sichuan, boys in new sneakers and girls with ribbons in their hair clamour for attention from the most famous foreigner on Chinese TV. Toronto-born Mark Rowswell – or, as he is known to a fifth […]
Read MoreFrom Asia Times: With their market share sliding, their bonds downgraded to junk and their quarterly reports showing 10-digit losses, the Big Three – DaimlerChrysler, Ford and General Motors – are facing a challenge far more formidable than the Japanese onslaught of the 1970s. With 1.3 billion people, an economy growing at a sustained rate […]
Read MoreFrom the Financial Times: China needs to transform its incentive system for doctors and provide clearer treatment guidelines to reduce wasted health resources, according to a study by McKinsey. The country should also encourage more private insurance products to address a growing demand for better healthcare in the urban areas and cut the share of […]
Read MoreFrom the New York Times: The third floor of the fashionable coffee shop is empty, so when Li Yong reaches the top of the staircase and steps onto the landing, his entrance is greeted with silence. But Mr. Li, a popular television host known for his flamboyant style, makes an entrance, nonetheless. He is dressed […]
Read MoreFrom China Daily: President Hu Jintao is set to visit the United States in April, Hong Kong-based Wenweipo reported yesterday, citing diplomatic sources. Both sides have reached a preliminary agreement on Hu’s April visit to Washington, while negotiations on the exact date and arrangements for the visit are ongoing, the report said. See also “US […]
Read MoreFrom Reuters: China announced on Monday its tenth official human case of bird flu infection after a 29-year old woman from the west of the country was diagnosed with the H5N1 virus. A notice on the health ministry’s Web site said the woman ran a shop in a farmgoods market in Jinhua town in Sichuan […]
Read MoreOn Jan. 19, Shaolin Temple puts on a martial arts show in the snow for tourists, via eastday.com.
Read MoreFrom the Guardian: The three-year journey that inspired first Stick Out Your Tongue and then Red Dust was taken 20 years ago, and the book itself was banned in China in 1987. In Lhasa, when he arrived, the Chinese were celebrating the 20th anniversary of the “liberation” of Tibet, a miserable festival of flags and […]
Read MoreFarmer Huang Shanmin was beaten by thugs sent by village officials during a land dispute, Ningbo, Zhejiang Province; via Boxunnews.com.
Read MoreFrom Business Week: In the U.S., China’s control of the Internet — and the role of American companies in helping the Chinese government censor it — is once again a hot-button issue. Following the news that Microsoft (MSFT), at Beijing’s request, axed the writings of a Chinese blogger, critics are up in arms. Congressional hearings […]
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