From the Southern Weekend (in Chinese), translated by Adrian Lu via Press Interpreter: The real estate bubble is not actually caused by housing prices themselves. Not only is it impossible for absolute real estate prices to illuminate the problem, even growth rates of prices or consumer attitudes can not be used as evidence to determine […]
Read MoreFrom Reuters: China called Japan’s plan to allow gas exploration in disputed waters a serious provocation Thursday, but sought to rein in anti-Japanese sentiment that sparked violent protests last weekend. Japan avoided escalating the war of words, saying dialogue was needed to resolve the feuds. China also called for talks.
Read MoreFrom The Indian Express, via China National News: ‘The main purpose is not to attack the US. It is to throw a monkey wrench into decision making process in Washington, to make the Americans think, and think again, about intervening in Taiwan, and by then, Chinese have moved in.’ -Lin Chong-pin, former Taiwanese dy Defense […]
Read MoreFrom Xinhua: Cultural relic experts and NGOs will go abroad to reclaim China’s national treasures. The China Cultural Relics Recovery Program, funded by the China Foundation for the Development of Folklore Culture, announced a large-scale program Monday to claim back Chinese cultural relics scattered around the world. The group said it would mainly look for […]
Read MoreFrom Reuters: China has arrested 15 people for involvement in illegal blood-selling schemes blamed for widespread HIV/AIDS infections in the 1990s, the China Daily said on Thursday. The arrests were linked to 106 cases of unsafe blood collection, illegal organization of people to sell plasma and “serious malpractice” in blood market supervision, the newspaper quoted […]
Read MoreXitang in April, by Guamuxiangkan, via Fengniao.com
Read MoreFrom LA Times (Free registrastion required): China’s advantages in the global marketplace are moving well beyond cheap equipment, material and labor. The country also exploits something called clustering in a way that the United States just can’t match. Drawing on its vast population and mix of free-market and central-command economic policies, China has created giant […]
Read MoreFrom the Daily Yomiuri Online: Countries around the world are competing for natural resources. A dispute over maritime resources in the East China Sea, for example, is one of the reasons anti-Japanese demonstrators in China have criticized Japan. Japan, which relies on other countries for most natural resources, is not thinking seriously about the changes […]
Read MoreFrom Asia Times: What struck me was the well-organized nature of the demonstration. A guy in a dark brown suit (no tie, though) diligently burned a Japanese flag; once aflame, it was quickly doused by another protester prudently equipped with a fire extinguisher. Then there was the designated hitter/screamer – a fellow wielding a broom […]
Read MoreFrom the IHT: China is planning to ban smoking at all venues for the 2008 Beijing Olympic Games, signaling an official determination to address a mounting public health crisis in a country of 360 million smokers.
Read MoreFrom Radio Free Asia: China is once more attempting to solve massive energy shortages by forcing businesses to close during peak summer months, but experts say nationwide improvements to energy efficiency and reforms of the centrally planned price structure are the key to the country’s power problems. Shanghai“China’s biggest consumer of energy”has ordered 3,000 businesses […]
Read MoreFrom the IHT: The European Union wants China to make a significant gesture on human rights before it lifts its arms embargo, senior EU diplomats said this week. The linkage, which is new, will be discussed at an informal meeting of EU foreign ministers at the end of the week and may emerge as the […]
Read MoreFrom CNET News: After a run of stunning good fortune, India’s tech community finds itself dealing with a looming challenge from a flourishing Chinese economy. Just as American companies saw jobs disappear to less-expensive venues in India, China has begun to figure as an alternative for the practice of shipping tech tasks offshore… CNET News.com […]
Read MoreFrom people daily: China further deepened judicial reform in 2004 in a bid to ensure justice and guarantee citizens’ legal rights, says a white paper on China’s human rights progress in 2004 issued by the Information Office of the state council on Wednesday. The white paper says China has cracked down on various criminal offenses […]
Read MoreFrom the Australian: BHP Billiton, the world’s biggest mining company, was forced into a humiliating backdown yesterday, dropping its demands for a higher iron ore price in the face of an unprecedented campaign by Chinese steel mills and bureaucrats… But the new price marks a significant disappointment for BHP, which hoped to use soaring demand […]
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