From Bloomberg.com: China’s securities regulator said the government will `gradually’ sell shares in state-owned companies and will retain ” substantial” stakes for a long period. “The country still needs to hold enough shares to absolutely or comparatively control pivotal companies after making all shares tradable,” Shang Fulin, chairman of the China Securities Regulatory Commission, said […]
Read MoreFrom EastSouthWestNorth blog: For a dose of reality to counter the English-language kool-aid that has been freely distributed about Taiwan, here is a translation of an article by media commentator Nan Fang-shuo (ÂçóÊñπÊúî) published in The Journalist. The problems that are enumerated in this article are well known, and the biggest problem is that Chen […]
Read MoreMaglev train in Shanghai, thanks to qurl for providing this photo via flickr.com
Read MoreFrom Yale Global Online: The international community has praised the Chinese government for its recent change of heart toward the AIDS crisis. Whereas central authorities considered the epidemic a foreign issue just five years ago, Chinese leaders today acknowledge the severity of the problem and are participating in international programs aimed at the prevention and […]
Read MoreFrom The New York Times: Globalization and its discontents form the molten core of “The World,” the new film from the prodigiously talented Chinese director Jia Zhangke. Set in a sprawling Disney-like entertainment park in a Beijing suburb, the film centers on a young female dancer, Tao (Zhao Tao), whose entire universe seems to begin […]
Read MoreIn the International Herald Tribune, Howard French reports from Yenan: Marxist ideology is said to have little relevance in today’s China. But all over this city, people can be overheard trading admiring stories about the heroism of Mao’s army or celebrating the spirit of Yenan, as much a name for that 12-year period as for […]
Read MoreFrom Reuters, via the Boston Globe: Tens of thousands of people on Friday marked the anniversary of Hong Kong’s return to China by marching to demand full voting rights, but the crowds were far smaller than in the last two years. Holding banners and placards which read “Return power to the people,” the protesters also […]
Read MoreFrom the Guardian: It could have been the scoop of the year: the deputy governor of Henan province had reportedly conspired with a local mayor to have his wife killed and chopped up. If proven, the murder would rank as one of the worst crimes by a senior official for decades. But the story was […]
Read MoreFrom the Los Angeles Times (free registration required): Voicing concern about national security and the U.S. economy, the House of Representatives passed two measures Thursday aimed at blocking the proposed takeover of El Segundo-based Unocal Corp. by a Chinese oil company. In a strong bipartisan vote of 333 to 92, the House approved an amendment […]
Read MoreFrom City Weekend: Beginning early this year on the Qinghua and Beijing University BBS, a girl named ‘Frjj’ (Furong Jiejie) began to upload her photos. Accompanying each photo was a brief diary entry. At first read they proclaimed, “I’m pure and noble (this is how my classmates describe me, which isn’t my fault).’ Harmless enough. […]
Read MoreFrom Los Angeles Times: As Hong Kong marks the eighth anniversary today of its return to Chinese rule, its news media are struggling to preserve the independence that set them apart from the mainland’s tightly controlled government presses. On the surface, little has changed since the former British colony reverted to Chinese rule on July […]
Read MoreFrom Foreign Policy in Focus: In early March, a U.S. Embassy official confided to a visiting businessman that he believed that Chinese leaders viewed the United States as a declining superpower whose time had passed and will be forced to share world power with other powerful nations, including China. To demonstrate how China ‘s strategic […]
Read MoreFrom the Economist: The spat over CNOOC is a symptom of the growing unease felt in developed economies, but especially in America, as more and more Chinese companies have looked abroad for expansion and technological know-how. Just days before the CNOOC bid, Haier, a white-goods maker, bid $2.25 billion for Maytag, a troubled American rival. […]
Read MoreLovers, from Fengniao.com, via forum.chinesenewsnet.com
Read MoreFrom the Guardian: There are probably very few people outside China who have heard of Pan Yue, but if the planet is to have any chance of avoiding disastrous levels of global warming this is a name that environmentalists should get to know very quickly. Pan is the deputy director of the state environmental protection […]
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