From The Wall Street Journal, via A Glimpse of the World: As corporate ambitions bore deeper into China, foreign companies are sending families to less-developed cities like Chongqing. Such places offer huge, untapped markets for companies. They also provide accelerated career opportunities to young executives eager to punch their ticket on the way to upper […]
Read MoreFrom The Salon.com: The boom in the Chinese microchip industry has Americans worrying about lost jobs and national security. We should be praising it as a model of how globalization is supposed to work. Aug. 3, 2005 | In 2004, more than 40 tech companies staged public offerings of their stock on Wall Street. Ten […]
Read MoreFrom The New York Times: Japanese lawmakers on Tuesday overwhelmingly passed a resolution that plays down this country’s militarist policies in World War II, less than two weeks before ceremonies take place across Asia marking the 60th anniversary of the war’s end on Aug. 15. Though expressing “regret” for the wartime past, the resolution omitted […]
Read MoreFrom The New York Times: Americans are increasingly disturbed by the growing economic clout of China. With Chinese growth rates consistently above nine percent, they accuse it of stealing U.S. jobs, of keeping the yuan undervalued by pegging it to the dollar, of exporting deflation by selling its products abroad at unfair prices, of violating […]
Read MoreFrom The EastSouthWestNorth blog: And now we come to the strange case of Lu Xuesong (Âç¢Èõ™Êùæ). This matter has been going on for some time. I have my usual reservations about saying anything on such cases for reasons that will become apparent at the end of this post. I am only writing about this because […]
Read MoreFrom The Chicago Tribune (subscription required): In a small town, a poor elderly couple make room for disabled, unwanted babies at hearth, in hearts. Chen Shangyi makes a living as a scavenger. He prides himself on having a good nose for unusual finds. So when he saw a crowd clustered around a white bundle at […]
Read MoreLong March-2III rocket carrier with China’s 21st return satellite takes off from the Jiuquan Satellite Launch Center, Aug. 2, 2005; via Central Chronicle.
Read MoreFrom Santa Rosa Press Democrat: In the end, CNOOC Ltd., China’s third-largest oil company, blamed politics for thwarting its attempted buyout of Unocal Corp. But if legislators who opposed CNOOC’s efforts were correct that America is more secure because of CNOOC’s failure, it remains to be seen what else the U.S. may have gained – […]
Read MoreFrom the BBC: The battle of Shengyou village has come to highlight one of China’s sharpest social issues – the Communist Party’s complete control of land allocation. More than 66 million Chinese farmers have lost their land in the past 10 years. It is a land grab which has fattened the wallets of government officials […]
Read MoreFrom the Straits Times, via Asia Media: China vowed yesterday to punish officials who falsify or delay reports on a deadly swine flu that has infected at least 198 people and killed 36, while Hong Kong’s government adopted tough measures to guard against the disease.
Read MoreFrom the Guardian: In autumn and spring, the migration of hundreds of thousands of birds is such a glorious sight that Qinghai Lake draws tourists from all over the world. But after the first mass outbreak of avian flu among wild birds this summer, the resort is attracting attention from a different group of bird […]
Read MoreFrom the New York Times: The giant Chinese oil company Cnooc today ended its $18.5 billion takeover bid for the Unocal Corporation of America, citing fierce political opposition to its bid in Washington that it called “regrettable and unjustified.” The decision, which was announced this morning in New York, ends a fierce takeover fight between […]
Read MoreFrom The Christian Science Monitor: Most days, Leng Feng is a mild-mannered marketing consultant. But by Friday, he’s ready for a change of pace. He checks out his auto club’s website, revs up his trusty Citro√´n, and answers the call of the open road. Leng – as he’s known on the Internet – will tackle […]
Read MoreFrom The Japan Today: China and North Korea remain in the spotlight in Japan’s defense white paper this year, which outlines Japanese wariness of rising Chinese military power and concern about the North Korean nuclear arms program. The “Defense of Japan 2005” report, compiled by the Defense Agency and endorsed by the Cabinet on Tuesday, […]
Read MoreFrom The Financial Times: China National Offshore Oil Corporation has withdrawn from the battle for Unocal (click here for the latest), throwing the focus once more on China-US relations. Joseph Stiglitz, Nobel Prize winner in...
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