From 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 […]
Read MoreFrom The International Herald Tribune via A Glimpse of the World: The state visit to Washington this week by Prime Minister Manmohan Singh of India is of considerable bilateral and global significance. But there is a silent third party in the room: China. Indeed, 10 days ago, the heads of all three states met at […]
Read MoreFrom the Interfax: A new survey into China’s print media reveals that the most common phrases used in the spring and summer of this year have been the “harmonious society”, the Olympic slogan “One World, One Dream”, “food safety” and “Lian and Soong visit the Mainland”, referring to the recent tours taken by Taiwanese politicians […]
Read MoreFrom World Socialist Web Site: ……the Hong Kong-based newspaper Apple Daily has indicated that the incident may involve the highest levels of Chinese bureaucracy. The man behind the efforts to drive the farmers off their land may well be none other than the son of Li Peng, the former Chinese Premier, who was directly responsible […]
Read MoreFrom The Australian: RENEGADE former Chinese consulate staffer Chen Yonglin has taken advantage of his new status as a protected defector to leave Australia at the first opportunity. Mr Chen boarded a United Airlines flight to Los Angeles yesterday, saying he was headed to Washington. “I am going to a US Congress hearing to testify […]
Read MoreFrom The Asia Times Online: Taiwan is still wondering what to make of the result of the former-ruling Kuomintang Party‘s first-ever serious – in that there was a choice of candidates – democratic election for party chairman. But as the result rolled in Saturday, it looked as if there was hardly any competition. Ma Ying-jeou, […]
Read MoreFrom The Financial Times: China economy up. Swelling exports and strong investment kept China’s economy in a powerful growth pattern in the first half of the year, exceeding many analysts’ expectations to expand by 9.5 per cent. The persistence of strong fixed asset investment, which the authorities had been attempting to slow for more than […]
Read MoreFrom Bloomberg.com: Yahoo! Inc.’s China Web site warns users they’re not allowed to post content that “divulges state secrets, subverts the government or undermines national unity.” Yahoo’s India site has no such prohibition. Undeterred by China’s restrictions, Yahoo, owner of the world’s most-visited Web portal, invested $120 million in a Chinese search engine in 2003. […]
Read MoreFrom Xinhua: BEIJING, July 20 — At four o’ clock on April 13, 41 male and female students from the Chengdu Academy of Fine Arts stripped naked and arranged their bodies into the @ shape. Known as performance art, the @41 project in south Chengdu, Sichuan Province has raised more than a few eyebrows. Once […]
Read MoreFrom The Washington Post: In 1949, when George Orwell wrote his dystopian novel “1984,” he gave its hero, Winston, a job at the Ministry of Truth. All day long, Winston clips politically unacceptable facts, stuffs them into little pneumatic tubes, and then pushes the tubes down a chute. Beside him sits a woman in charge […]
Read MoreChinese Airborne Troops, from wforum.com.
Read MoreFrom The New York Times: NANJING, China, July 17 – The captivating tale of Zheng He, a Chinese eunuch who explored the Pacific and Indian Oceans with a mighty armada almost a century before Columbus discovered America, has long languished as a tantalizing footnote in China’s imperial history. Zheng He (pronounced jung huh) fell into […]
Read MoreFrom DefenseLINK News: The Defense Department’s annual report on Chinese military power, released late July 19, is “deliberately non-alarmist,” a senior official said. However, some findings are “worrisome,” the official added. The 45-page report (PDF), required by Congress each year, “is a very factual presentation of what’s taken place in the People’s Republic of China,” […]
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