From Asia Times Online: “This boardwalk advertisement greets at least half a million passers-by every day on Nanjing Dong Lu, Shanghai’s premier commercial thoroughfare, where almost 40 years ago hordes of vigilant Red Guards waved Mao Zedong’s Little Red Book. It is promoting – what else – a new shopping mall. And Shanghainese are indeed […]
Read MoreFrom The Washingtonpost: “Chinese security agents raided a news conference organized by visiting South Korean legislators Wednesday, shutting off the lights in a hotel meeting room and forcibly ejecting several foreign journalists. The raid prompted official statements of protest and concern in Seoul. Four members of South Korea’s opposition Grand National Party had called the […]
Read MoreFrom Interfax : “BlogChina.com, the largest blog portal in China, has acquired the country’s third largest blogging service provider Blogdriver.com, BlogChina Content Director Kang Guoping told Interfax. ‘This acquisition was initiated because our two blog sites are complementary to each other,’ Kang explained. ‘Blogdriver has advantages in technology, while BlogChina offers extensive and sophisticated content.’ […]
Read MoreFrom Onlypunjab.com: “China registered a 35.7 percent surge in foreign trade last year, with a total volume of $1.15 trillion, making it the world’s third largest trading power after the US and Germany, reports Xinhua. According to China’s commerce ministry, exports in 2004 ballooned to $593.4 billion, reflecting a year-on-year increase of 35.4 percent. Imports […]
Read MoreFrom AFP, via Yahoo! News: “The number of mobile phone subscribers in China topped 334 million in 2004, up 65 million from 2003, according to the Ministry of Information Industry. The number of fixed-line subscribers reached 316 million last year, up 53 million from 2003, Xinhua news agency reported, citing figures from the ministry. China’s […]
Read MoreFrom Financial Times: “China car industryThe expansion of China’s car market slowed significantly last year, with the rate of sales growth plunging to 15 per cent from 75 per cent in 2003. Sales in the world’s third-largest auto market reached 2.3m in 2004, according to China’s Ministry of Commerce. That compares with 2m in 2003, […]
Read MoreFrom Asia Times Online: “Almost two years after ascending the Chinese Communist Party (CCP) throne, the leadership of President Hu Jintao and Premier Wen Jiabao has reordered China’s policy on Japan. In contrast to previous policies that always linked political and economic issues, Beijing’s new tactics now seem to separate the two distinctly and to […]
Read MoreFrom Xinhua: “Nearly 85 percent of reporters in Beijing feel tired, according to a survey quoted Monday in the Mirror. Out of the 1,182 reporters surveyed by the China Medical Doctor Association, only 28 were completely healthy, 2.37 percent of the total.”
Read MoreFrom BBC NEWS: “When Hu Jintao became head of China’s ruling Communist Party in late 2002, the question on everyone’s lips was ‘Who is Hu?’ The answer was that no one knew. Even seasoned observers could barely distinguish him from the other leaders who lined up in business suits beside him as the new Standing […]
Read MoreFrom The China Economic Net: “Top leader of the Communist Party of China (CPC) Hu Jintao yesterday stressed the importance of anti-corruption and urged to prevent corruption by introducing both a temporary solution and a permanent cure. Hu stressed the vital importance of fighting against corruption for keeping CPC’s ruling status and vowed to take […]
Read MoreFrom The Internatioal Herald Trbune: “Like many Japanese businessmen these days, but particularly as co-chairman of the 21st Century Committee for Japan-China Friendship, Yotaro Kobayashi is worried about the state of affairs between Asia’s two most powerful nations.”
Read MoreFrom AP, via Yahoo! News: “China’s inspection of audits of 181 major state companies’ financial reports found widespread cases of incomplete reporting, serious asset losses and outright fabrications, official media reported Wednesday.”
Read MoreFrom CCN, Acting on China trade: “More evidence has appeared in the last couple of days that China is eating the United States’ lunch, or at least nibbling away at it.”
Read MoreFrom AP. via Yahoo! News: “China ” which has recently taken a larger role in the politics of Southeast Asia ” seems strangely absent from the international response to the tsunami disaster. To be sure, China has hardly been idle. It has promised $83 million in aid, and Chinese citizens have donated $18 million more. […]
Read MoreFrom Yahoo! News: “Twenty-five people were killed and nine injured at an explosion Tuesday at a fireworks factory in northern China, officials said. Most of the victims in the blast at the Xiangliu firecracker factory in Shanxi province were young women, the official Xinhua News Agency said. The cause of the explosion was under investigation, […]
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