G-7 Renews Pressure on China Exchange Rate – Jane Wardell

From the AP, via Newsday: Economic officials from the world’s richest countries resumed their pressure on China to adopt a more flexible exchange rate and called Saturday for vigorous action against such threats to growth as high oil prices, protectionism and inflation. Finance ministers and central bank governors from the Group of Seven nations, meeting […]

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A Chinese saga – Hadassah Bat-Haim

From the Jerusalem Post: On the morning of July 6, 1913, Shaw Bah Tien sat in his private room, waiting. The atmosphere in the house was tense. His beloved wife, Ni, was about to give birth. He had never been a father and was a little unsure of the procedure. They had not been married […]

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China mine flood traps 42 workers – BBC

From BBC NEWS: Rescuers in China are trying to reach 42 workers trapped in a flooded mine in the central province of Henan. The accident at the Sigou coal mine happened at 1540 GMT on Friday, the state safety board said, adding that 34 miners managed to escape. It comes less than a week after […]

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Five Die in New Coal Mine Blast in China – UPI

From UPI, via classiccountry951.com: Five miners have been killed and one is still missing in China’s second coal mine blast within a week, this one in north China’s Hebei Province. Six miners were doing maintenance in the mine in Zhangjiakou city when the gas explosion occurred at 7:30 p.m. Wednesday, the official Xinhua news agency […]

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China juggles growth, stability – Eric Teo Chu Cheow

From The Japan Times Online : As China’s annual Central Economic Conference gets under-way in Beijing early this month, Beijing looks set to sustain the new social-economic shift that was laid out by the 5th Plenum of the Central Committee of the Communist Party of China (CCP) in mid-October. The plenum signaled the Chinese leadership’s […]

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China cracks down in ‘Asian Las Vegas’ – Guardian

From the Guardian: Chinese authorities have arrested almost 1.2 million people suspected of illegal betting offences during a nine month crackdown, state media reported today. The arrests were part of a nationwide anti-gambling campaign from January to September in which police seized ¬£166m and investigated 163,000 cases. The crackdown was aimed mainly at preventing public […]

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Why Chinese Like to Watch “The Great Changjin” – Zhang Ying and Wu Han

From The Southern Weekend, via Press Interpreter: Korean television drama “The Great Changjin” contains obsolete plot-lines, formulaic characters and dogmatic values. So why is it as popular as “My Sassy Girlfriend”? Even Li Bingxun, the director of “The Great Changjin”, didn’t expect that this piece could be so popular in China. “I think it is […]

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UN presses China to end use of torture – Joseph Kahn

From the International Herald Tribune: A high-level UN investigator condemned what he found to be “widespread” use of torture in the judicial system of mainland China and said Beijing must overhaul its criminal laws, grant more power to judges and abolish labor camps before it can end such abuses, according to an official report released […]

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China arrests five Tibetan monks

From South Africa’s Mail & Guardian Online: : Chinese authorities have arrested five Tibetan monks who refused to denounce their spiritual leader the Dalai Lama and recognise Tibet as part of China, an India-based pro-democracy group says. The five were expelled from Drepung Monastery in Lhasa and handed over to the Public Security Bureau on […]

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Banking On Reform In China

From Business Week: People’s Bank of China’s Zhou Xiaochuan is aiming for a floating yuan, real bond and stock markets, and more. Which central banker has the toughest job in 2006? Incoming U.S. Federal Reserve Chairman Ben Bernanke will need to be vigilant about inflation while getting the timing of interest-rate tightening just right. European […]

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