Business jets may soon become more commonplace in China

Reuters had a story on “Business jets size up China’s rich” (Via CNN) “China’s growing billionaire club is attracting makers of champagne-and caviar-stocked private jets, but regulations and other barriers to entry are keeping the potentially lucrative business grounded. Lack of airport infrastructure, high landing fees set by the government, restrictive military control of much […]

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How Hu May Rule China

Asian Business had a commentary article subtitled “The torch has smoothly passed to a man less inclined to favor the iron fist” “Brutal struggles have always been part and parcel of transferring power from one Chinese Communist Party leadership to the next. So what was truly remarkable about the Sept. 19 news that President Hu […]

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Formula One reflects China’s quest for luxury

Edward Cody of Washington Post wrote this article on “Communist ideal lost to trappings of wealth, status.” “If any doubts remained that China has turned its back on socialist equality for the masses, they faded in exhaust fumes as Rubens Barrichello’s flaming red Ferrari F1 shrieked past the checkered flag before thousands of fans at […]

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The Case of New York Times’ Zhao Yan

Eswn has translated a number of articles about the arrest of journalist Zhao Yan. While Zhao’s arrest has been linked to his work for the NY Times, several commentators link it to his previous reporting on peasants for the magazine China Reform.

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For the real Shanghai, look under the hood

In an op-ed in the International Herald Tribune today, Philip Bowring writes that despite its glitzy facade, Shanghai is representative of the endemic problems plaguing the Communist Party: “As well as the most shiny example of China’s new ‘socialist’ construction, Shanghai is also an example of vast waste of public funds and the locus of […]

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China must protect environment better or face repercussions: UN experts

According to Chinese statistics, pollution levels last year increased by about 12 percent from 2002. The World Bank ( news -web sites ) estimates 400,000 people in China die each year from air pollution-related illnesses. “This is a very outstanding challenge, especially for a country like China,” said United Nations Environment Programme director Klaus Toepfer. […]

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China predicts 8-9% growth this year

AP via Toronto Star: “China’s economy should grow at an annual rate of between 8 per cent and 9 per cent this year, state media reported today, citing a top statistics official. Earlier this year, Beijing set an official growth target of 7 per cent for this year. Officials have ordered banks to curb lending […]

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China’s Thirst for Oil is Driving World Prices Higher

AP via VOA: “The dramatically increasing demand for oil in two emerging giants in Asia, China and India, has contributed to rising oil prices worldwide. Petroleum industry experts believe rapid growth in China, in particular, could increase competition for scarce energy resources and undermine global peace. Within the past decade, China has gone from being […]

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China’s Communists Call for Better Gov’t

From AP via ABC news: China’s Communist Party called on its members Sunday to improve their ability to run an increasingly complex nation, complaining in an unusually self-critical statement that some of its own leaders lack integrity and warning that the “life and death of the party” could hang in the balance. The appeal came […]

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Foreign real estate business booms in China

From Asia Times today: “China’s investment in real estate development has slowed down month by month this year owing to the government’s macro-economics control measures. But that’s good news for foreign investors: From January to July, Sino-foreign joint ventures, wholly foreign-owned enterprises and Sino-foreign cooperative ventures reported growth of 87.4%, 60.3% and 60.% respectively – […]

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China’s Boom and the Environment

From NPR: “The environmental consequences of China’s manufacturing boom are staggering. The worsening air and water pollution are causing serious health problems. NPR’s Renee Montagne talks with Elizabeth Economy, a senior fellow at the Council on Foreign Relations.” Click here to listen to the program. Thanks to Kevin Wen for the link.

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