From AFP, via Financial Express: “The acquisition of the French perfume and cosmetics group Marionnaud by AS Watson, a company owned by the Hong Kong magnate Li Ka-shing, is another indication of how Chinese investors are expanding abroad. Until recently, China was considered a developing country, and initial international investments tended to be aimed at […]
Read MoreFrom Daily Yomiuri On-Line: “In November 1975, Japan, the United States and four European countries held their first summit meeting on the world economy at Chateau de Rambouillet, an old castle on the outskirts of Paris that is used by French presidents for vacations.”
Read MoreFrom the Central Chronicle: “Chinese scientists have claimed success in developing a SARS vaccine that could be used among high-risk groups in the event of a large-scale outbreak again this spring, a report said. Trials among 36 volunteers have proved ‘effective’ and ‘safe’ in the first-phase human tests begun on May 22, 2004, said Yin […]
Read MoreFrom the Agence France Presse, via Manila Bulletin Online: “Although household purchases in China are mostly funded by the man’s salary, the woman has a big say over how the paycheck is spent in the world’s most dynamic economy, a market research company has found. Synovate, part of the British group Aegis, polled almost 4,000 […]
Read MoreFrom the Forbes.com: “China’s relentless appetite for the colonel’s chicken has KFC on a building boom in the world’s most populous country, with 1,200 locations, soaring profits and a menu that mixes in bamboo shoots and lotus roots. At a time when its sales in the United States are struggling, KFC is dominating even rival […]
Read MoreFrom the Reuters: “Taiwan and China reached a landmark deal on Saturday to allow non-stop charter flights over the Chinese New Year holiday, a move which could ease tensions between the bitter political rivals. The one-off deal will allow the first direct flights since 1949 and could mark a step towards ending a decades-old ban […]
Read MoreDavid Cowhig sent this text to CDN: “In a recent article I found published on the law database website Lawbase.com.cn, Zhu Suli, dean of the Beijing University Law School speaks up for the public intellectuals. Zhu admits sure, they are not perfect, but these public spirited people are making real contributions to China. China may […]
Read MoreFrom AFP, via Yahoo! News: “China’s state-controlled press has refrained from reporting the serious health condition of former leader Zhao Ziyang, who was removed from power after he opposed the use of force in the quelling of 1989 Tiananmen democracy protests.”
Read MoreFrom The Sun Herald: “Americans’ attitudes toward China have grown dramatically more favorable in the past 10 years, according to a new poll, and the country formerly viewed through Cold War lens is seen as a greater economic threat today than a military one. Preliminary results of the survey, commissioned by the Committee of 100, […]
Read MoreFrom China National News: “India and China will become major new global players by 2020, enjoying both political and economic powers, a report by a CIA think tank predicted. The report also predicted the United States would face increased competition from growing economic power in Asia and challenges from political Islam.”
Read MoreFrom China Daily: “After midnight at a building in central Shanghai that is a shopping mall by day, a Japanese-language poster in the elevator invites men up to Big West Ocean club on the seventh floor. Upon entering the club, a string of saunas with tropical garden decor and corridors lined with private rooms, the […]
Read MoreFrom Reuters: “Two Japanese companies plan to drill for oil and gas in the East China Sea in a bid to catch up with Chinese exploration in the disputed area, a Japanese daily said on Sunday. Exploration by Japan may heat up a long-running territorial row with China over rights to resources at a time […]
Read MoreFrom AFP, via Yahoo! News: “US President George W. Bush (news – web sites) may keep a wary eye on China during his second term in office as the Asian giant musters greater political and economic influence across the globe. But US reliance on Beijing to keep nuclear-armed North Korea on a leash and Washington’s […]
Read MoreFrom Sify.com: “Propelled by robust economic growth, India and China will rise as ‘new major global players’ this century and transform the geopolitical landscape, a US Intelligence report said here. Likening it in significance to the emergence of a united Germany in 19C and a powerful United States in the early 20C, the report prepared […]
Read MoreFrom The Washingtonpost: “Taiwan and China agreed Saturday to temporarily lift Taiwan’s five-decade ban on direct flights between the two rivals – a deal that could reduce tension in one of Asia’s most dangerous flash points. The agreement – the biggest breakthrough between Taiwan and China in years – will let passengers travel during next […]
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