From the International Herald Tribune: China is the economic equivalent of sex – it sells. If you want headlines and investors calling for prospectuses, stick the word “China” in the name of your company or product. It’s not unlike the rush to attach “.com” to the end of anything five years ago. China’s 9 percent […]
Read MoreFrom the South China Morning Post, via Asia Media: “Five of the six members of the advisory board for the influential liberal magazine Tong Zhou Gong Jin , including former Guangdong party boss Ren Zhongyi, have resigned in protest at the sacking of its editor-in-chief, Xiao Weibin, sources say. The other four to have quit […]
Read MoreFrom China Daily: “The New Jersey-based Accoona Corporation, an industry pioneer in artificial intelligence search technology, announced on Monday the launch of Accoona.com in New York City to provide the largest proprietary online database of information on companies worldwide. On the same occasion, Accoona.cn debuted in China in coordination with its Chinese partner, Chinadaily.com.cn. It will […]
Read MoreFrom Asia Times online: “Top officials from China’s propaganda sector recently convened a high-level meeting in central China’s Henan province and concluded that some people are ‘exploiting the Internet’ to attack the government and ruling Communist Party, Asia Times Online has learned from an informed source in Beijing. China experts say this session may signal […]
Read MoreJapan may not be the only place where history is often twisted, accourding to this article in the New York Times.
Read MoreFrom the China Economic Net: “Microsoft so far has no immediate plans to tap the Internet service market in China, due to concerns over the market situation, and not speculation about policy restrictions, say senior company officials. “Our very focus in China is still offering free products… to help our consumers achieve a user experience […]
Read MoreFrom the Associated Press, via Washington Post: “China banned a Nike television commercial showing LeBron James battling a cartoon kung fu master, saying the ad insults national dignity. The commercial, titled ‘Chamber of Fear,’ was broadcast on local Chinese stations and on state television’s national sports channel before being pulled last month. It shows James, […]
Read MoreFrom the Financial Times: “China is making a glaring exception to its policy of damping investment growth by approving the construction of three big steel mills which are expected to free the country from its dependence on imports in about three years. The next steel project expected to win Beijing’s approval is a proposed 10m […]
Read MoreFrom the South China Morning Post, via the China Study Group: “Besieged by increasingly violent protests and rapid social degeneration characterised by the reckless pursuit of money, the mainland leadership is considering a drive to underscore traditional Chinese culture and values, and lend more official support to mainstream Chinese religions. Another impetus for such a […]
Read MoreFrom the LA Times: “After 25 years of the one-child policy, the nation risks producing too few children. But many parents have decided one is enough. ” This raises a new problem in China’s population structure. “In Shanghai, 2.6 million seniors make up about 16% of the city’s population, which far outstrips the worldwide average […]
Read MoreFrom the Xinhuanet: “A World Bank expert said the year 2004 is going to be a good year for China as the country’s economy will grow rapidly with higher-than-expected increase in fiscal revenues and farmers’ income. Bert Hofman, chief and lead economist and Chief of the Economics Unit of the World Bank’s Beijing Office, said […]
Read MoreFrom the Bloomberg News, via the International Herald Tribune: “China has said that cooling its economy and maintaining a stable currency will be the government’s priorities next year.”
Read MoreFrom the New York Times: “Few business executives watch the growth of the Chinese economy as closely as Michael R. P. Smith, the chief executive of the Hongkong and Shanghai Banking Corporation. Yet even Mr. Smith was startled when his staff recently projected that in 2034, bank assets in China would surpass those in the […]
Read MoreFrom the New York Times: “……as the number of people online in China has quintupled over the last four years, the government has shown itself to be committed to two concrete, and sometimes competing, goals: strategically deploying the Internet to economic advantage, while clamping down – with surveillance, filters and prison sentences – on undesirable […]
Read MoreFrom the Financial Times: “Foreign companies’ profits in China have increased rapidly in the past four years on the back of a strong economy but remain tepid compared with other countries with much smaller markets and slower growth. ‘ There is also another article entitled “China’s market is not so lucrative” (sub required) on the […]
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