China’s middle class revolution

The BBC reports on the Chinese government’s efforts to foster an expanding middle class in order to help the country achieve rapid economic growth: “In the booming eastern cities there is a confidence and energy in the air – thick as it is with the dust from countless building sites – that suggests plans for […]

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WHO: China Road Accidents Kill Almost a Quarter Million People a Year

From AP today: “The World Health Organization is calling on China to improve road safety, saying an estimated 680 people are killed each day on the country’s highways. WHO officials say the problem is growing worse as the number of vehicles in China skyrockets. The World Health Organization presented its World Report on Road Traffic […]

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UN cooperation tops agenda of Annan’s visit to China, Ireland and UK

From UN News Center today: “United Nations cooperation with China and the European Union, as well as peace-building efforts, will be among the topics Secretary-General Kofi Annan is scheduled to address during official visits to China, Ireland and the United Kingdom next week, his spokesman announced today. The Secretary-General will leave this weekend for Beijing, […]

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China unmoved by Chen appeal

From BBC today: “China’s state-run media has rejected calls from the Taiwanese president for peace talks with Beijing. The China Daily newspaper said Chen Shui-bian’s idea was “too insincere and vague to be treated seriously”. In an address to mark Taiwan’s National Day on Sunday, Mr Chen urged China to agree to talks to resolve […]

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1,000 new condom machines for Beijing

AFP reported this today. “City officials plan to install 1,000 condom-vending machines in a bid to curb the spread of Aids, state media reported yesterday. Machines will be put in hotels and bars and on university campuses to sell ‘quality-guaranteed’ products at one yuan (2 Singapore cents) apiece, according to the official Xinhua news agency. […]

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Toxic smog shrouds Beijing

Guardian just had an article on “Pollution forces cancellation of air show for Chirac” “Millions of Beijing residents were warned to stay indoors at the weekend as a hazardous smog choked the city, closed highways and forced the cancellation of an air show for the visiting French president, Jacques Chirac. The haze, which is caused […]

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Who are the interest groups in China’s stock market?

From China Economic Net: “The jungle law is the law of nature in a market with full competition. Such condition is extremely severe in the Chinese securities market, which is mainly ascribable to the information asymmetry between participants: between stock traders and institutions, between stock traders and the government, and between institutions and the government. […]

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China and Japan: two nations’ lawmakers agree to play friendly

From the Asahi Shimbun today: “Hoping to put the country’s relationship with China back into play and stem growing anti-Japanese sentiment, lawmakers from China and Japan are to don their soccer boots for a friendly match in Beijing next year, sources said over the weekend. According to the sources, Lower House Speaker Yohei Kono and […]

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Economy to grow 9.4% this year

From Xinhua today: “China’s economy is expected to grow 9.4 per cent this year and slow slightly to 8.9 per cent next year, reported the Chinese Academy of Social Sciences at a symposium on China’s economic situation in Beijing yesterday. Wang Tongsan, a senior economist with the academy, said the country’s economic growth this year […]

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Last known writer of coded women’s script dies

The IHT published an obituary of a woman believed to be the last person to be fluent in a rare script used for secret communication among women in Hunan Province: “The script, Nushu, represents the language spoken in Jiangyong Prefecture in southern Hunan. Women, who were denied education for many centuries, used it to share […]

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EachNet CEO Bo Shao is now a full partner of eBay in China

Also on this issue of Newsweek: “In some ways, China is an unlikely hotbed for e-commerce. Only 38 percent of online buyers pay with credit or debit cards, using instead an army of bicycle messengers delivering cash. There are no reliable credit ratings, or postal services, so some online auction customers still want to meet […]

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Morgan Stanley‘s China Internet Report

This issue of Newsweek has an article entitled “China Dreams: Star analyst Mary Meeker was partly right about the Internet. But is she right on the Internet in Asia?” “Mary Meeker made and later unmade her reputation as an analyst with “The Internet Report,” a path-breaking 1995 tome that claimed making money in this exciting […]

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Taiwan Urges China to Begin Peace Talks

From today’s Washington Post: “President Chen Shui-bian of Taiwan, in a conciliatory gesture aimed at China’s newly consolidated leadership, proposed a fresh start Sunday on long-suspended talks to improve relations and lower tension across the Taiwan Strait. Chen suggested China’s President Hu Jintao may be more flexible in addressing Taiwan’s concerns now that former president […]

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37% Hong Kong teens ‘addicted to Net’

“The numbers are alarming: More than half of Hong Kong teens aged between 12 and 15 have made friends with strangers online, and about 7 per cent of them have met these ‘friends’ to have sex.” The full article is here.

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Chinese and French presidents meet in Beijing

The following is an article from People’s Daily Online. It informs the reader about French President Jacques Chirac’s visit to China, meeting in Beijing with Chinese President Hu Jintao. The talks dealt with the issue of strengthening bilateral ties between the two countries. As the article puts it “He [President Hu] proposed to strengthen Sino-French […]

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