Yahoo! In Talks On Record China Investment – Russell Flannery

From Forbes: Web media company Yahoo! is in advanced talks to purchase an approximately 35% stake in China’s biggest homegrown e-commerce company for almost $1 billion, in what would be the biggest investment by a foreign company in China’s Internet industry to date, sources close to the negotiations said. Yahoo! (nasdaq: YHOO – news – […]

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Hopes fade for 102 trapped in flooded China mine

From The Reuters: Hopes faded on Monday for 102 Chinese coal miners trapped by flood waters as state media reported an explosion at a second pit which killed 14 people. Flood waters were rising in the mineshaft in Xingning in the southern province of Guangdong which was inundated on Sunday. “There are 15 million to […]

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High tech no refuge from the Chinese threat – Paul Durman

From The Times: It may be sad, but it should come as no surprise that Marconi has entered takeover talks with Huawei, the Chinese telecoms-equipment maker. The game has been up for Marconi since April, when it missed out on a share of the work to build BT’s 21st-century network (21CN). This ¬£10 billion project […]

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The Next Chinese Threat – Sebastian Mallaby

From The Washington Post: Last week congressional bullying drove China to abandon its bid for Unocal, a small California-based oil company. Anyone inclined to celebrate should focus on the likely sequel: China will redouble its efforts to buy energy and other resources in shaky developing countries. This will undermine Western efforts to promote transparency and […]

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Lee says China dare not attack – Shih Hsiu-chuan

From The aipei Times: Former President Lee Teng-hui (ÊùéÁôªËºù) said yesterday that China would not dare to attack Taiwan, because the US has deployed eight nuclear submarines in the Pacific Ocean carrying about 2,000 nuclear warheads targeted at China, preventing Beijing from taking military action against its democratic neighbor. Implying that Taiwan is under the […]

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The single most famous photograph in China - ESWN

From The EastSouthWestNorth blog: Which is the single most famous photograph in China? It’s the one known as Big Eyes (“§ßÁúºÁùõ“). Here is the translation from the book (posted here in full) by the photographer Xie Hailong (Ëߣʵ∑Èæô). [translation] The location is Anhui province, Jinzhai County, Taoling Town, Zhangwan Village. It seemed to have rained […]

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Communist China’s branding problem – Andres Martinez

From Newsday: China increasingly faces a huge branding problem as it takes its place in the world economy. The nation’s private sector accounts for more than half its economic output; the value of its currency is now allowed to float in reaction to market forces; foreign investment is welcome; and last year China amended its […]

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World Bank is criticized on loans to China – William McQuillen

From the International Herald Tribune: Critics of the World Bank are training their fire on the institution’s loans to China, a capital-rich country on a buying spree for U.S. bonds and companies, saying the money should go to needy nations. The World Bank, whose mission is to fight poverty in developing nations, lends to China […]

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Reporter In China Charged As Spy – Philip P. Pan

From the Washington Post: China formally charged a prominent Hong Kong journalist with spying for Taiwan on Friday, ratcheting up a politically sensitive investigation that has also resulted in the arrest of a mainland scholar with ties to China’s president, Hu Jintao. The government decided to charge Ching Cheong, chief China correspondent for the Straits […]

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