From Bloomberg.com: China may accelerate preparations to loosen the tie between its currency and the U.S. dollar in response to intensifying international pressure for the change, central bank Governor Zhou Xiaochuan said. “If there is more pressure from outside, it will force us to speed up our reform,” Zhou said at the Boao Forum in […]
Read MoreFrom The Economist.com (sub required): THERE is so much noise surrounding and emanating from the world’s miracle economy that it is becoming cacophonous. In Washington, DC, the latest idea is that China is becoming too successful, perhaps even dangerously so: while Capitol Hill resounds with complaints of trade surpluses and currency manipulation, the Pentagon and […]
Read MoreFrom the Danwei Blog: Most leading headlines of today’s newspapers are about announcements from the Ministry of Public Security. The spokesman of the Ministry expressed deep understanding of students’ patriotic passion, but he also suggested the students should not join any demonstrations without official approval, nor send any messages to encourage demonstration by Internet or […]
Read MoreFrom the International Herald Tribune, via A Glimpse of the World: During his visit last week, Prime Minister Wen Jiabao dazzled Indians with the oblique diplomacy at which the Chinese excel. Resisting pressure to proclaim China’s recognition of India’s 1975 annexation of the Himalayan kingdom of Sikkim, he nevertheless delighted his hosts by quietly handing […]
Read MoreFrom AP, via USATODAY.com: Chinese President Hu Jintao urged Japan on Saturday to reflect on its World War II aggression and back up its recent apologies with action, pressing Beijing’s relentless campaign for redress from Tokyo for its handling of wartime atrocities. Hu’s comments came in a rare public statement after meeting with Japanese Prime […]
Read MoreFrom Guardian Unlimited: After being obliged by Tokyo to provide a seemingly endless series of documents, the cheerful official at the Japanese embassy in London eventually informed me that the person who helps to look after my little boy – and who happens to be Filipino – would be granted a visa to join us […]
Read MoreFrom The Telegraph: Almost unnoticed by the outside world, China has become the key player in Sudan’s oil industry. Beijing has invested ¬£8 billion in Sudanese oil through the China National Petroleum Company (CNPC), a state-owned monolith. The cost of Khartoum’s new refinery alone was about ¬£350 million.
Read MoreFrom AP, via Newsday.com: Duan Yuezhong has some advice for fellow Chinese citizens in Japan these days: Don’t speak Chinese in public, avoid reading Chinese newspapers on the subway and always get along with Japanese colleagues. Duan, one of some 460,000 Chinese living in Japan, has good reason to be jittery. Japanese nationalists have reacted […]
Read MoreFrom AP: Chinese President Hu Jintao on Saturday urged Japan to reflect on its World War II aggression and back up its apologies with action, after meeting with Japanese Prime Minister Junichiro Koizumi in a bid to ease tensions between the two Asian powers. In a rare public statement, Hu also demanded that Tokyo not […]
Read MoreFrom the BBC: The past month has seen an eruption of anti-Japanese protests in several Chinese cities. The protesters were angry at Japan’s approval of a nationalist textbook which they accuse of glossing over atrocities during the years when Japan occupied China. However Rupert Wingfield-Hayes says the Chinese also have a habit of forgetting awkward […]
Read MoreFrom the People’s Daily: The Chinese government helped migrant workers retrieve more than 33 billion yuan (3.99 billion US dollars) of back pay by the end of March, said Hu Xiaoyi, spokesman with the Ministry of Labor and Social Security, in Beijing Thursday. The amount accounts for 99 percent of the total officially recorded owed […]
Read MoreFrom YaleGlobal online: Recent developments – including the high-profile visit by China’s premier Wen Jiabao to South Asia – showing the rising profile of China have intensified a long-running debate in Washington. How does the growing power and influence of China affect the dominance that the United States has so far enjoyed in Asia? In […]
Read MoreFrom The Financial Times: Widespread falsification of factory records is undermining western companies’ efforts to enforce their corporate social responsibility standards in China. Factory managers’ forgery of payroll documents and time cards is increasingly sophisticated, according to auditors and western buyers who work with Chinese factories. Some estimate that more than half of the factories […]
Read MoreFrom asahi.com: Opinion leaders and other influential Chinese are starting to caution their countrymen to think twice about ratcheting up anti-Japanese demonstrations by boycotting Japanese products. They say the strategy could backfire. After all, it is Chinese workers who are earning a living by making products for Japanese firms in China.
Read MoreFrom People’s Daily Online: On 17 April, sponsored by China Archeological Society and China Cultural Relics Journal we came to find that the national 10 new archeological discoveries of importance were approved via the assessment and secret ballots by famous archeologists from among the 22 new archeological discoveries in 2004.
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