From the South China Morning Post, via Asia Media: The Chinese leadership has developed an “irrational fear” of so-called colour revolutions, leading to a tightening of controls over political freedom, human rights activist John Kamm said yesterday. Mr. Kamm made the remark at a wide-ranging talk organised by the Asia Society in Hong Kong, during […]
Read MoreFrom Inside Higher Ed: At Northwestern University this fall, there are two sections of third-year Chinese, the first time ever that a second section has been needed. At Yale University, enrollment in introductory Chinese is up 68 percent from last year, and for the first time professors can remember, significant numbers of freshmen are arriving […]
Read MoreLocal boys in Hong Kong, thanks to Li Huai for the photo
Read MoreFrom China Labour Bulletin A former textile-company employee turned businessman who posted online reports about a recent series of protest demonstrations by steel workers in Chongqing has disappeared and is believed to be in police custody. Shi Xiaoyu was taken away by police from his home in Shaoxing, Zhejiang province, on 20 October, according to […]
Read MoreFrom the International Herald Tribune: Rong Yiren, the businessman dubbed a “red capitalist” before tycoons became commonplace in China, died in Beijing on Wednesday at age 89, state media reported Thursday. In one of the most intriguing personal stories of survival and influence through the tumultuous period when China embraced and then rejected Communism, Rong […]
Read MoreFrom the New York Times: And that’s why I came here. Because Shangri-La County is a microcosm of the biggest challenge facing China. Put simply: if development doesn’t come to Shangri-La and other rural areas, the divide between haves and have-nots will widen and destabilize China. But if the wrong development comes here, it will […]
Read MoreFrom the Washington Post: …Perhaps nothing better illustrates the myth of “one country, two systems” than the way Beijing halted democratization in Hong Kong. According to the Basic Law — Hong Kong’s mini-constitution, drafted by Beijing — the “ultimate aim” is to elect both the chief executive and the entire legislature by “universal suffrage”; the […]
Read MoreFrom the New York Times: The China Construction Bank, fresh from raising $8 billion in a feverish initial public offering, saw those shares put in only a lukewarm performance in their first day of trading on Thursday. The much-anticipated offering was China’s biggest ever, and the largest worldwide in four years. And despite the tepid […]
Read MoreFrom Yale Global Online: Every day, countless commentators prophesize the ascendance of the world’s next superpowers, China and India, the two “Asian giants” shaking off their ancient slumber and rising to the call of the 21st century. According to popular punditry, their place in the firmament of globalization’s success stories is already guaranteed. Yet economist […]
Read MoreFrom Asia Times: China’s ratification of the UN Convention Against Corruption is the latest wrinkle in a three-year anti-corruption campaign that included an “audit storm” to scrutinize official spending. However, as Mark DeWeaver points out, it appears that the leadership had other motives besides purifying society: most of those prosecuted were cronies of ex-president Jiang […]
Read MoreFrom Reuters: China and Thailand said on Friday suspected human cases of bird flu were false alarms but the U.N.’s health agency said it had no details on the Chinese case and wanted more information. Since last week China has revealed three outbreaks of the H5N1 virus that killed 3,800 chickens, ducks and geese. A […]
Read MoreFrom China Daily: A revised Personal Income Tax Law was adopted by China’s top legislators yesterday, raising the threshold for monthly personal income tax from 800 yuan (US$99) to 1,600 yuan (US$198) a move that will help ease the burden on low-wage earners… When it comes into force, only a quarter, or 26 per cent, […]
Read MoreFrom The Standard : China’s amended Securities Law, passed by parliament Thursday, allows financial derivatives for the first time and permits select firms to mix banking, insurance and securities businesses, a senior lawmaker said. Zhou Zhengqing, a former head of the country’s securities watchdog, said in Beijing that the amended law would also allow state […]
Read MoreFrom Xinhua: China’s top legislature adopted the Draft of the Amendment of the Corporate Law Thursday, with an eye-catching lifting of ban on the setting-up of one-person limited companies… According to the newly-adopted amended law, one person, either a natural person or a legal person, is allowed to apply for opening a limited company with […]
Read MoreFrom China Daily: China will introduce a national regulation on prevention and control of AIDS at the end of this year, and will provide nationwide training courses to nearly 500,000 officials above county levels, Vice-Minister of Health Wang Longde said yesterday. More on this topic, via Google news.
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