Fro The International Herald Tribune: China’s biggest state-owned oil company agreed on Monday to pay $4.18 billion for a Canadian oil company with substantial reserves in Kazakhstan, China’s largest foreign acquisition. The Chinese company, China National Petroleum Corp., outbid the Indian state-owned company Oil and Natural Gas in reaching a deal to acquire PetroKazakhstan.
Read MorePhoto: Brickworks at Huaihua, thanks to Mark Hobbs, via Blogger
Read MoreFrom The Financial Times: The wave of foreign investment into China’s banking system has aspects of a gold rush. Foreign banks are staking out territory in promising but highly uncertain terrain. Last week Royal Bank of Scotland and its partners Merrill Lynch and Li Ka-shing became the latest to put down a sackful of dollars: […]
Read MoreFrom The Japan Focus: China’s growing presence in South Asia is riding on its accelerated economic and strategic influence in the region. This article gauges the interplay between economic, particularly resource factors, and strategic factors in China’s advance in the region and its relations with South Asian nations. One measure of China’s economic outreach is […]
Read MoreFrom the Asia Times: Russia and China launched their first-ever joint military exercises on Thursday. Chinese General Liang Guanglie and Russian General Yurii Baluyevskii launched the exercises at a meeting at Russia’s Pacific Fleet headquarters in the Far East port of Vladivostok, with both commanders stressing at a news conference that the drills weren’t intended […]
Read MoreFrom AP, via Boston.com: Protesters demanding the closure of an eastern China battery factory they say is spewing lead into the environment clashed with police, and dozens of people were injured, witnesses and hospital officials said Sunday. After the initial melee with police, thousands of demonstrators torched police cars and broke into government offices, witnesses […]
Read MoreOn Hartfort Courant, the Chicago Tribune columnist Bill Barnhart wrote: Participating in China’s reality is a bit inscrutable. Take your cue from the style, as well as the substance, of China’s emergence. Peter Wall, chief investment officer for JPMorgan Private Client Services, says 75 percent of the world’s economic growth is being generated by the […]
Read MoreFrom AP, via HoustonChronicle.com: China faces a potential property bubble whose bursting could leave banks with huge losses, the central bank said in a report ” the government’s frankest assessment so far of the risks from inflated real estate prices. Average real estate prices in China rose by 14.4 percent in 2004 over the previous […]
Read MoreJob market in Hefei, Anhui province, via chinesenewsnet.com
Read MoreFrom The Space Review: Some time in the next two months, in all likelihood, China will launch Shenzhou 6, its second manned mission. Like the Shenzhou 5 flight two years ago, this mission will capture the world’s attention for at least a brief time, and be the focus of intense speculation about China’s future plans […]
Read MoreFrom The Christian Science Monitor: Chinese firms failed in their bids to buy Unocal and Maytag this summer. But that’s barely diminished the anxious warnings from Washington. Indeed, as China’s economy grows, it’s easy to think the 1980s are back. That’s when Japan’s economic “miracle” threatened the US, prompting an intense backlash as companies like […]
Read MoreFrom BBC NEWS: Known as China’s Oprah, she’s a petite 30-something Chinese chat show hostess, who invites celebrities and ordinary people onto her sofa to talk about their lives, and tell their stories. But her programme, A Date with Chen Luyu, is part of a dramatic upheaval that’s taking place in China’s media industry. Ever […]
Read MoreESWN has translated in full the Nanfang Zhoumo article “14 Departments Unite to ‘Purify’ the Internet”: “Actually, although the ‘real name’ system was implemented now with a formal document, the same process had always been going on.” Shenzhen City Public Security Bureau Network Security Monitoring Department director Qiao Zhi explained to our reporter. The various […]
Read MoreFrom The Asia Times: Having gingerly circled around each other like two cautious pugilists for the past decades, India and China may be taking their first step in the creation of an Asian synergy that has much more to do with making real money than the rhetorical bombast of anti-imperialist morality. Last week in Beijing, […]
Read More
Click on the image to download Firefly for circumvention
CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.
