From AP: Pope Benedict XVI sent a veiled message to China on Thursday, inviting countries that don’t have diplomatic relations with the Vatican to establish ties soon in a move that could complicate the Holy See’s relations with Taiwan. The pontiff didn’t name the countries he was reaching out to, saying only that he appreciated […]
Read MoreFrom The New York Times: A senior Chinese diplomat on Thursday accused the Bush administration of undermining efforts to revive negotiations with the North Korean government and said there was “no solid evidence” that North Korea was preparing to test a nuclear weapon. The comments by Yang Xiyu, a senior Foreign Ministry official and China’s […]
Read MoreFrom AP: For the second time in a week, China has denied a report that it plans to change the value of its politically sensitive currency, the yuan. In comments apparently aimed at discouraging more speculative pressure on the yuan, central bank Governor Zhou Xiaochuan said Friday that Beijing does not plan to revalue the […]
Read MoreFrom The Washington Post: Chinese President Hu Jintao proposed new diplomatic language Thursday aimed at ending the decades-old state of hostilities between China and Taiwan, in a rare but tentative concession by a Communist leader on one of the most sensitive issues in Chinese politics. In a joint communique issued after a two-hour meeting in […]
Read MoreFrom Reuters: The prestigious Nieman Foundation for Journalism said on Thursday it was withdrawing as a partner in a program to help Chinese officials deal with the needs of a free press covering the 2008 Beijing Olympics. Former Nieman fellows objected to the foundation engaging with officials from China, considering the country’s past restrictions on […]
Read MoreFrom The Financial Times: China is to introduce a tax on property sales in the latest government attempt to damp demand in a real-estate market that some analysts believe is at risk of overheating. Beijing will also introduce rules to reduce speculative investment in property, according to the official Xinhua news agency, which cited regulations […]
Read MoreFrom Xinhua: What happens when businesses are driven not just by maximizing profits for their shareholders, but also by benefiting the wider community and environment in which they operate? Sparks fly. Amazing feats are achieved in local communities, factories, businesses, and even nations… Today, China is probably more integrated into the international community than at […]
Read MoreShangri-La, Yunnan, by Vivian Fung via Flickr
Read MoreOn Big Picture TV, you can watch a video clip in which eco-architect William McDonough talks about his plan for building an environmentally sustainable city in China: The Chinese plan to build housing for as many as 400 million of its citizens by 2017. With this in mind the Chinese government commissioned world famous eco-architect […]
Read MoreFrom China Daily: Peking University yesterday played host to a criminal hearing with an American twist. Judges from Massachusetts assumed the roles of judge, prosecutor, lawyer, defendant, clerk and witnesses in a mock domestic violence lawsuit with 12 law students from the university sitting in the jury box.
Read MoreFrom the South China Morning Post, via Asia Media: China’s main broadcast authority says it has issued entertainment conglomerate Shanghai Media Group the country’s first license for TV broadcasts via the internet, known as IPTV. The license gives state-owned SMG the right to broadcast programs on the Internet and via mobile phone networks, the State […]
Read MoreFrom The International Herald Tribune: The Chinese government has moved to impose new taxes and restrictions on property transactions in what appeared to be its strongest attempt yet to prevent a property bubble from developing in China’s biggest cities. The announcement, which was disclosed Thursday on the official Xinhua press agency, comes at a time […]
Read MoreFrom The Financial Times: Hu Jintao, China’s president, on Thursday laid out in the clearest terms yet one of Beijing’s key conditions for any resumption of talks with Taiwan a call that met with immediate rejection from Chen Shui-bian, Taiwan’s president. In a joint communiqu√© issued with visiting Taiwanese opposition leader, James Soong, Mr Hu […]
Read MoreFrom The People’s Daily Online: After a series of measures designed to slow down China’s soaring housing prices, seven government departments took further action Wednesday, issuing proposals for stabilizing housing prices. The proposals were jointly issued by the Ministry of Construction, the State Development and Reform Commission, the Ministry of Finance, the Ministry of Land […]
Read MoreFrom the Christian Science Monitor: When will China revalue its currency? It’s a simple decision by the Chinese government to let the nation’s yuan move upward in value against the United States dollar. China would benefit from cheaper imports and more flexibility in carrying out economic policy. But if the decisions of central banks seem […]
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