From the Los Angeles Times (free registration required): China’s revaluation of its currency last week may roil the economies of its Asian neighbors in the short term but could be a boon for the region in the long run. Analysts say China’s move toward a market-based currency system may stimulate trade and consumer demand in […]
Read MoreFrom Asia Times: With the fourth round of six-party talks finally under way in Beijing after 13 months of hiatus, commentators are attributing their resumption to the intensive diplomatic maneuvering in the past few weeks in which Washington recognized North Korea as a sovereign country, Seoul offered supplies of electricity to the North should nuclear […]
Read MoreFrom Reuters: China’s Ministry of Health has blamed a pig bacteria for a mysterious disease that has killed 19 people in a southwest province and made 61 ill, the China Daily reported on Tuesday. Laboratory tests showed the affected people were suffering from streptococcus suis infections contracted from the slaughtering or handling of infected pigs, […]
Read MoreFrom UPI, via MENAFN.com: The announcement last week that Google, the world’s premier search engine, had chosen Beijing as the location for its eighth research and development center marks an important transformation from the virtual to real world for billions, whether measured in people or revenue potential. The Mountain View, Calif., firm had good reasons […]
Read MoreFrom the International Herald Tribune: The massive entry of citizens from the People’s Republic of China into the Chinese art market has become a common topic in the media. The focus is nearly always on the financial consequences or the nationalism that supposedly drives the new players. Whether the Chinese are any more nationalist in […]
Read MoreFrom the Economist: In truth, the economy is slowing more markedly than these (highly suspect) official figures suggest. Many economists say that China has an institutionalised bias to over-reporting growth at the bottom of a cycle and under-reporting it at the top, to reduce the volatility of the numbers. Judged by physical indicators, such as […]
Read MoreFrom Reuters: Authorities in southwest China are investigating a mysterious disease that has killed 17 farm workers and left 41 others ill after they handled sick or dead livestock, state media said on Monday. The government of Sichuan province has dismissed speculation that the deaths were caused by bird flu or Severe Acute Respiratory Syndrome […]
Read MoreFrom the South China Morning Post, via Asia Media: A plan by the mainland’s dominant instant messenger portal, QQ, to require that organisers and governors of chat groups register their real names has triggered a storm of protest among users. QQ has more than 400 million registered users, and membership is required to take part […]
Read MoreFrom The EastSouthWestNorth Blog: For someone who has any familiarity with the official Chinese media — especially the Xinhua news agency — the impression must be that if Chinese government officials have to rely on...
Read MoreFrom The Nation – Bangkok’s Independent Newspaper: How do you cope with the rise of China? Since last week, it has become very clear that a do-able option is to create another rising Asian power. But the chosen country would have to possess distinctive qualities and values that the world’s most-populous country does not have, […]
Read MoreFrom Xinhua – English: Chinese businesswoman Zhao Yan, mistreated by American policeman Robert Rhodes, will go to the United States and testify in court on August 5. The pre-court preparation has been completed and police have found a key witness, a Chinese-American woman, who will give testimony in court on the same day, according to […]
Read MoreFrom BBC NEWS: China’s yuan has gained against the US dollar in its second session of trading after currency limits were relaxed for the first time in a decade last week. The yuan ended trading at 8.1097 against the dollar on Monday, up from its Friday close of 8.11.
Read MoreFrom the MCLC Resource Center: First published in China in 1996, Mo Yan’s Big Breasts and Wide Hips has come to be seen as yet another contentious work by the author. While the novel gained immediate critical acclaim after its publication, winning an award from a non-government literary magazine in Mainland China, it drew vehement […]
Read MoreFrom China Daily: Young people, especially those with university degrees, make up the largest proportion of Chinese people suffering from depression, statistics from the Beijing Suicide Research and Prevention Centre revealed this week. According to a survey of 15,431 depression sufferers over the past two years, people in their 20s accounted for 37.6 per cent […]
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