From the Independent Online: The number of Web users in China, the world’s second largest Internet market, grew by nine million people in the first half of this year to hit 103-million, the China Daily said on Friday. The growth represented an increase of 18,4 percent over the same period last year in a market […]
Read MoreFrom the Washington Post: Government officials in a rural area near Beijing have backed off plans to seize land in a dispute with local farmers that resulted in a violent confrontation last month, state media reported Thursday. The clash, involving hundreds of armed thugs, left six villagers dead, and part of it was captured on […]
Read MoreFrom the San Francisco Chronicle: Chevron Corp. has given campaign contributions to politicians trying to block the company’s Chinese rival in the bidding war for Unocal Corp., with some of the money flowing in the last month. Chevron, a prolific donor in Washington, has funded some of the lawmakers who have been most critical of […]
Read MoreFrom Time Asia: With his nylon socks and cigarette pinched between index finger and thumb, Liu looks like any other small-fry entrepreneur in China’s hinterland. Yet for two reasons, he is different. First, his business is oil. Second, he’s running from the police. Liu, who declines to reveal his full name, changes his cell-phone number […]
Read MoreFrom China News Service, via People’s Daily Online: According to the survey on Chinese students’ physical health for 2004 released by the Ministry of Education, 80% of Chinese college students have poor eyesight. The ratio of male students with bad eyesight is 77.8% and that of female students is 82%. In addition to the high […]
Read MoreFrom Jamestown Foundation’s China Brief, via Asia Media: The CNOOC bid came at a sensitive time in U.S.-China relations. Since earlier this year, the members of the second Bush administration have repeatedly warned that the United States had previously underestimated the speed of the Chinese military’s modernization drive. With the U.S. trade deficit going further […]
Read MoreFrom the South China Morning Post, via Asia Media: RTHK management has formed a taskforce to consult staff and the public over the handling of cost cuts and programming issues following a row over government interference with the public broadcaster’s editorial independence. The move was welcomed by the staff union, which said more communication would […]
Read MoreFrom the Telegraph: China will have more than 23 million men unable to find wives by 2020 because so many more boys are being born than girls, according to a study… These men are known as “bare branches” because they will never bear fruit. History suggests that they will give rise to higher crime rates […]
Read MoreFrom The Southern Weekend (in Chinese), via Press Interpreter, translated by Peijin Chen: “Reporter Fu, I’m finished, I just killed a man, a supervisor in the Huyang Factory ” It was 6:30 PM on July 9, and Ah Xing’s trembling voice left Reporter Fu speechless. Looking at the number, it was clear that Ah Xing […]
Read MoreFrom The New York Times: After at least two years of resisting intense political and diplomatic pressure from its biggest trading partners, China said on Thursday that it would no longer peg its currency strictly to the dollar, a step that could allow it to rise gradually in value over time. The Chinese government said […]
Read MoreFrom The New York Times: The dollar may be on a healthier course for now, but that does not silence the prophets of doom who fear a collapse of the currency or some other economic crisis as Americans continue to buy far more abroad than they sell. The question is, Are those who see catastrophe […]
Read MoreFrom BBC NEWS: The Rover 75 could be at the centre of a legal tussle. Chinese carmaker Nanjing Automotive has secured ownership of MG Rover for an unknown sum, after a three-way bidding battle spread over three months.
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“>Gito Gito Hustler live at the Ark Livehouse, Xintiandi, photo thanks to Shanghai Diaries, via flickr
From The New York Times: Thursday’s statement from the People’s Bank of China, announcing that the yuan is no longer pegged to the dollar, was terse and uninformative – you might say inscrutable. There’s a good chance that this is simply a piece of theater designed to buy a few months’ respite from protectionist pressures […]
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