From the AFP, via Chanel News Asia: “China Aviation Oil’s spectacular trading losses in Singapore highlight the risks of becoming involved with Chinese firms as they increasingly seek listings on international exchanges, analysts warn. Chinese companies venturing overseas go to great lengths to appear as if they have the same strict corporate governance standards as […]
Read MoreFrom the China Daily: “Foreign newspapers can be printed in China, but all should be exported,” Zhu Weifeng, an official with the State Press and Publication Administration (SPPA) told the China Business Weekly. This “means they are made for export for an international market, so not one copy should be left to enter the Chinese […]
Read MoreFrom the New York Times: “Once upon a time in Hollywood, the stars shone with a radiant glamour; in Chinese film they still do. In movies from Beijing to Hong Kong, actresses like Zhang Ziyi and actors like Tony Leung Chiu-wai fill the screen with heart-skipping beauty and charm. In May at the Cannes Film […]
Read MoreFrom the New York Times: “In one sense, Sidney Rittenberg can be viewed as just another international business consultant scrambling to cash in on the China boom. He certainly appears to fit the mold, driving an expensive late-model BMW and serving as an adviser to a long list of companies that have included Microsoft ,Intel […]
Read MoreHere is an article criticizing public intellectuals from the November 25 People’s Daily after first appearing in Liberation Daily ten days earlier. The South China Morning Post also reported last week that the Propaganda Bureau had banned news reports about “public intellectuals.” David Cowhig summarized the recent People’s Daily article in English: “The very concept […]
Read MoreFrom the Scotsman.com: “China carried out nearly 90 per cent of the world’s executions last year, putting at least 5,000 people to death, according to an activist group campaigning to end capital punishment. China is one of 60 countries that still have the death penalty, the Rome-based group Hands Off Cain said in a report […]
Read MoreFrom the Japan Times: “The incursion of a Chinese nuclear-powered submarine into Japanese territorial waters Nov. 10 has illuminated the mounting competition under the surface of the Pacific and Indian oceans and their adjacent seas. The chief rivals for submarine supremacy in this region are China, which has put priority on submarines in developing a […]
Read MoreFrom the Invester’s Business Daily, via Yahoo News: “Geopolitics: Americans, take note. While we focus on winning the war on terror and managing our troubled relations with Europe, China is fast coming of age in the world economy. It’s our next big challenge. Two very different news items Friday underscore China’s vault to prominence — […]
Read MoreAn article in this issue of Business Week said: “Beijing seems serious about reform, and bad-loan burdens are easing.” The Chinese have proved again and again in recent years that when it comes to business, it’s a mistake to underestimate them. The latest example is the banking system, declared by analysts as recently as a […]
Read MoreFrom the Globe and Mail: “Iconic magazine brand Playboy plans to open a club in China’s commercial capital of Shanghai — a first for the communist country that still bans the company’s flagship men’s magazine. ”
Read MoreFrom AP, via ABC News: “China has launched the first submarine in a new class of nuclear subs designed to fire intercontinental ballistic missiles, U.S. defense officials said Friday. The submarine is, at a minimum, months away from having missiles installed and going on a cruise, one official said, discussing foreign weapons developments only on […]
Read MoreFrom the Gay.com UK: “China has released an official estimate of its gay population for the first time, in what many see as the first steps towards tackling the treatment of LGB people in the Asian country. The government sanctioned press agency Xinhuanet reported that official figures suggest there are around 5 to 10 million […]
Read MoreThis article is from the Slate, subtitle is “They’re buying IBM’s PC business. What’s next—McDonald’s?” The New York Times has a genuine scoop today .IBM, which introduced its widely cloned personal computer in 1981, has put its PC business on the block. The news is not earth-shattering. PCs are a small business for IBM—the unit […]
Read MoreFrom the South China Morning Post, via the China Study Group: “Beijing is exploring ways to deflect the influx of petitioners from across the country by making local administrations responsible for addressing their plight. A committee with representatives of 28 government offices, including the General Office of the Communist Party Central Committee, the State Council […]
Read MoreFrom the Washington Times (via: World Peace Herald) : “China’s military has launched the first of a new class of ballistic missile submarines in what defense officials view as a major step forward in Beijing’s strategic weapons program. ”
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