From smh.com.au: Senior American politicians have heaped praise on the Chinese defector Chen Yonglin, the former consul for political affairs in the Chinese consulate in Sydney, after his address to a US congressional committee in Washington. Mr Chen repeated claims that more than 1000 Chinese secret agents and informants were tracking and persecuting Falun Gong […]
Read MoreFrom The New York Times: Don’t count the Chinese out just yet. Chevron might have regained the upper hand by getting Unocal to accept its sweetened bid against a higher offer from Cnooc, the government-backed Chinese oil company. But it might not have delivered the knockout blow it was looking for in the monthlong takeover […]
Read MoreFrom The Financial Times: China has reacted angrily to the US defence department’s report to Congress on Chinese military power, condemning the Pentagon for “unreasonably” and “rudely” attacking Beijing’s modernisation of its armed forces. Beijing protests too much. The US document – neither as hawkish as Pentagon hardliners nor as accommodating as State department doves […]
Read MoreFrom CNET News.com: China is quickly proving to be the next great Internet marketplace, and both Microsoft and Google are prepared to fight for it, starting in American courtrooms. On Monday, the software giant sued Kai-Fu Lee, a former vice president of search technologies and Microsoft’s chief architect of business strategy in China, for an […]
Read MoreGito Gito Hustler live at the Ark Livehouse, Xintiandi, photo thanks to Shanghai Diaries, via flickr
Read MoreFrom The Washington Post: BEIJING — Suddenly this summer, Sister Lotus is all over China. Hotly debated onChinese-language websites, her saucy photos get millions of hits. National magazines dote on her, and China’s television crews are taping away. Late to catch on, Communist Party censors now officially frown on her. Some sociologists warn that Sister […]
Read MoreFrom The International Herald Tribune, via A Glimpse of the World: The ever-growing economic power of China poses important questions: will China, despite its lack of freedom, become a true world-class power? And if and when it does, how should the international community respond? With 760 million laborers, an average wage that is a small […]
Read MoreFrom The New York Times: They grew up during China’s Cultural Revolution, when Mao Zedong’s brutal political campaigns in the 1960’s and 1970’s tore apart families, pitting children against their parents and husbands against their wives. Today, they are some of the most powerful deal makers in China, a group of rich and politically astute […]
Read MoreFrom The Global Voices Online: Real name registration has been hot topic for Chinese bloggers since most of BBS owned by major colleges were closed down or restricted access by government in March. People generally thought it was bloggers who should register themselves first if regualtions requiring every internet user’s real identity take effects. But […]
Read MoreFrom Bloomberg.com: China ended its decade-old peg to the dollar and said it will let the yuan fluctuate versus a basket of currencies, responding to criticism from the U.S. and Europe that its currency was undervalued. The new yuan rate strengthens the currency by 2.1 percent to 8.11 per U.S. dollar immediately, the People’s Bank […]
Read MoreFrom The Asia Times Online: A month before Beijing and Tokyo prepare to commemorate the highly sensitive 60th anniversary of Japan’s World War II surrender on August 15, relations between the two neighbors are dangerously strained over a host of historical, territorial and economic disputes. The current focal point of bilateral tension is the annual […]
Read MoreFrom Forbes.com: China National Offshore Oil Corp (CNOOC) offered 18.5 bln usd for Unocal in May, sparking political controversy in Washington about the possibility of US strategic resources falling into Chinese hands. Yesterday Unocal, the ninth-largest US oil company, and Chevron jointly announced their agreement to an improved offer from Chevron, which will be submitted […]
Read MoreFrom The Washington Post: The board of Unocal Corp. accepted a sweetened takeover offer from Chevron Corp. early Wednesday, dealing a setback to the politically sensitive, unsolicited bid for Unocal from Chinese oil company Cnooc Ltd. In a bid anticipated by Unocal shareholders, Chevron offered $63.01 per share, or about $17 billion. Chevron initially offered […]
Read MoreFrom The Taipei Times: People’s Liberation Army Major General Zhu Chenghu (Êú±ÊàêËôé) shocked foreign correspondents in Beijing last week when he said that China could use nuclear weapons against the US in the event of any military conflict with the US over Taiwan, adding that “we Chinese will prepare ourselves for the destruction of all […]
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