From Danwei blog: The Billsdue blog has made available for download a PDF of a detailed Goldman Sachs report on the recently listed Beijing Media Corp (BMC). Goldman Sachs sees the following as BMC’s strengths: (1) its focus on middle- to high-end consumers, which gives it pricing power; (2) its network with advertising customers, which […]
Read MoreFrom People’s Daily Online: On January 16, 2000, the State Council set up a task force to implement its strategic resolution on developing China’s west. Since then, the central government reiterated its commitment to the strategy for several times. Amazing changes have taken place in the land covering 6.85 million square kilometers with a pollution […]
Read MoreFrom The Economic Times: India-China bilateral trade has set a new record with total trade touching $13.6 billion in 2004 and India enjoying a comfortable trade surplus of $1.75 billion, latest Chinese customs statistics indicate. India-China annual trade for 2004 touched an all-time high at $13.6 billion, up 79 per cent over the total trade […]
Read MoreFrom The New York Times, via The Seattle Times: In the eyes of Shintaro Ishihara and others here, Japan used to be too meek and mild, allowing an overbearing United States to push it around. Ishihara was one of the authors of the best seller “The Japan That Can Say No,” a call for national […]
Read MoreFrom Bloomberg.com: U.S. Treasury Undersecretary John Taylor said that China remains willing to end its decade-long currency peg. “The Chinese continue to emphasize their commitment to move to a flexible exchange rate, and we have seen steps that are consistent with a move in this direction,” Taylor told reporters after a meeting of finance ministers […]
Read MoreIn this report in the Asian Times, Pepe Escobar wrote, since coming to office, “Hu has wholly asserted his authority over the third generation’s Jiang Zemin (former party chief, president and military commander) in the Politburo Standing Committee (although five of the nine men in dark suits are Jiang’s allies). Hu has ordered a crackdown […]
Read MoreThanks to David Cowhig for sending the following to CDN. It is a valuable introduction to a very important topic. Here is David’s email: Just today I read a chapter from the August 2004 book Undercurrents: Criticisms and Reflections on Narrow-minded Nationalism [Qianliu: Dui xia’ai minzuzhuyi de pipan yu fansi]. This book, edited by Le […]
Read MoreFrom Xinhua – English: The present meningitis cases in China are just “normal and sporadic” and Chinese people need not feel panic, China’s Executive Vice-Minister of Health Gao Qiang said here Saturday. Of the total 258 cases in 28 provinces, autonomous regions and municipalities of China in January, 49 were found in 21 counties and […]
Read MoreFrom People’s Daily Online: Chinese Foreign Ministry spokesman Kong Quan said China respects the Nepali people’s decision to choose their own path of development and hopes its neighbour is able to achieve national reconciliation and economic development.
Read MoreFrom The Telegraph: The Indian military establishment is expecting a renewed offensive by the Royal Nepalese Army (RNA) against Leftist rebels because the emergency imposed by King Gyanendra will release troops from guard duty of static installations. A total clampdown on communications has made it difficult for the Opposition and the rebels to organise and […]
Read MoreFrom Asia Times Online: Prithvi Narayan Shah, the 18th century founder of modern Nepal, famously described his fortified kingdom in the Himalayas as a yam between the two boulders of India and China. That perception never escaped his descendants, and certainly not the astute and ambitious King Gyanendra, who looks for support for his “royal […]
Read MoreThis is an article on Hong Kong based Chinese language publication Asia Times. The English translation is from The Epoch Times: In recent years, the Chinese government has taken actions to assist the poor, making it a top priority. However, the poverty line set by the Chinese government is approximately one-thirteenth the standard set by […]
Read MoreFrom HindustanTimes.com: China’s annual holiday migration, considered the world’s biggest, has commenced in earnest as millions of migrant workers began their spring festival travels home to be with the family on New Year’s day. The country’s transport departments have estimated the total number of passengers for journeys should be 1.97 billion this year, a 3.4 […]
Read MoreFrom The Weekly Standard: For twelve days following the death of former Chinese leader Zhao Ziyang, China’s television and radio remained silent about his passing. A handful of newspapers mentioned it, in a government-approved two-sentence statement buried on inside pages. On the day of the cremation, January 29, China Central Television finally reported that Zhao […]
Read MoreFrom AP, via Yahoo News!: China’s auto production is expected to grow by 20 percent this year to 6 million vehicles, possibly passing Germany as the world’s No. 3 producer, an industry association said Saturday. China is the world’s fastest-growing auto market as rising incomes make it possible for millions to buy their first cars. […]
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