Will China Burst the Bubble? – Robert B. Reich
From the American Prospect Online Edition: A major reason why mortgage rates have stayed low is that there’s a lot of money around. And much of that money has been coming from abroad. China and the rest of Asia have been putting their spare cash into America, in order to prop up the dollar and […]
Read MoreChina, A Nation of Individuals – Rob Gifford
National Public Radio ran a series last week called “China, A Nation of Individuals“: After decades of Communist rule and millennia of hierarchical Confucianism, there is a growing sense of individualism in China. But some, like peasant Wan Shuguang, are confronting limits to that self-identity. Rob Gifford has a series of reports.
Read MoreYahoo! 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 – […]
Read MoreHopes 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 […]
Read MoreHigh 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 […]
Read MoreThe 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 […]
Read MoreSensitive Beijing a threat to Games – Catherine Armitage, John Lehmann
From The Australian: BEIJING’S reluctance to use outside help with media relations and security is putting the 2008 Olympics on a path to disaster, experts claim. As the world spotlight swings to Beijing with three years to go before the 2008 opening ceremony, the top media official for the Beijing Olympics told The Australian in […]
Read MoreLee 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 […]
Read MorePhoto: Big Eyes: the single most famous photograph in China, by Xie Hailong; from EastSouthWestNorth.
Big Eyes (大眼睛) by Xie Hailong; from EastSouthWestNorth.
Read MorePhoto: Woman selling fish, thanks to 21mm for the photo.
Woman selling fish, thanks to 21mm for the photo.
Read MorePhoto: Big Eyes: the single most famous photograph in China, by Xie Hailong; from EastSouthWestNorth.
Big Eyes (大眼睛) by Xie Hailong; from EastSouthWestNorth.
Read MoreThe 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 […]
Read MoreDesire and Loss in the Curve of a Back- Howard W. French
From the New York Times, via Howard W. French: IN “2046,” a story of longing and loss, the passage of time is marked not by the hands of a clock, but by the women who pass through one man’s life. The man in question, a newspaper hack, lives in a glorious ruin called the Oriental […]
Read MoreCommunist 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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