From The BusinessWeek Online: Economist Fan Gang points to a 70% share of GDP now in private hands, but he acknowledges that much improvement is still needed Fan Gang is one of China’s best-known economists. He directs the National Economic Research Institute, a Beijing think tank affiliated with the China Reform Foundation. He’s an adviser […]
Read MoreFrom The Taipei Times: The house where I live in Chiayi is just a few kilometers away from one of the country’s major air force bases, with F-16s practicing take-offs and landings almost seven days a week, and flying high above the southwestern plains here with ear-piercing roars. I don’t mind the sound of the […]
Read MoreGroup photo: Riot police crack down on villagers protesting against a local leader in a suburb of Guangzhou, via boxun.com.
Read MoreFrom Bloomberg, via The Business Times: US banks, aircraft and automobile companies face unfair restrictions on their ability to invest in China, US Senator Charles Schumer said in a report released by his office on Thursday here. Those limits require partnerships with Chinese companies that can result in the transfer of technology and intellectual property […]
Read MoreFrom the Seattle Post-Intelligencer: …The real pinch point for China is energy. Energy use is increasing 10 percent per year, and electricity production is growing 15 percent annually. The country is adding a new 1,000-megawatt power plant every week. Still, 24 provinces experienced severe power shortages last year… China uses twice as much coal as […]
Read MoreFrom the Economist: In the nearly three years since Hu Jintao assumed the leadership of the Chinese Communist Party, his image has changed markedly. Mr Hu was once seen by many as a potential liberal reformer”admittedly an assessment drawn from limited evidence. Now, he is widely regarded as a conservative authoritarian. Many Hu-watchers had seized […]
Read MoreFrom the Press Trust of India: China has witnessed a significant rise in divorce cases with the figure touching 1.613 million last year.According to Civil Affairs ministry statistics, the cases of divorce registered 21.2 per cent increase over 2003. A recent survey conducted by the All-China women’s federation showed the country has also registered a […]
Read MoreFrom the International Herald Tribune: The U.S. secretary of state, Condoleezza Rice, warned that China must make significant structural changes in its economic policies, lest it remain “a problem for the international economy.” In an interview Wednesday, Rice also laid out the administration’s concerns about China’s military buildup, its human rights record and its restrictions […]
Read MoreFrom the South China Morning Post, via Asia Media: A leading state-run newspaper has scrapped a controversial appraisal system linking reporters’ pay to government approval after a high-profile protest by a veteran editor. Li Datong , a senior editor at the China Youth Daily, launched a rare attack on his employer over the plan to […]
Read MorePLA’s Special Force units in training (group photo), from peacehall.com
Read MoreFrom Reuters: China has detained a U.S. citizen on suspicion of spying for ideological foe Taiwan, keeping him under house arrest without charge for nearly three months, the U.S. embassy in Beijing said on Friday. Chinese-born Xie Chunren, 56, was arrested in the southwestern province of Sichuan on May 31 after he traveled there from […]
Read MoreFrom the Guardian: By linking up with China’s second biggest financial institution, the Royal Bank of Scotland has secured a powerful local partner ahead of the opening of China’s fast-growing banking sector next year. Bank of China is the nation’s top foreign exchange lender and one of the big four banks, which together control 60% […]
Read MoreFrom the South China Morning Post (subscription required): Six high-profile journalists from the weekly Economic Observer – one of the mainland’s most important business newspapers – resigned at the start of this month over concerns about the organisation’s expanding bureaucracy. Two more editorial staff members are believed to have resigned a week later. Senior reporter […]
Read MoreFrom the International Herald Tribune: The current Russia-China joint military exercises are not so much a symbol of trust and friendship between the two as a symptom of American overstretch. The two are reminding the United States of the limits of its unilateral global power. The exercises are also a way for each country to […]
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