Chinese SOEs Major Losers in 2012

The Economist highlights a new book on the scale and effects of subsidies to China’s state-owned enterprises, which its authors estimate amounted to more than $300 billion between 1985 and 2005: The Chinese government does...

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China Becomes the Biggest PC Market

China has become the world’s biggest market for personal computers according to IHS, with 69 million units shipped in 2012 compared with 66 million in the U.S.. From the BBC: Laptops are the fastest rising sector in...

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Alibaba to Buy Sina Weibo Stake

Chinese e-commerce giant Alibaba Group announced Monday that it had agreed to buy an 18 percent stake in Sina Corporation’s microblogging platform Weibo for $586 million, signaling its intention to capitalize on the growth...

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“Enigmatic” Bishop of Shanghai Dies

The controversial bishop of Shanghai’s state-run Catholic Church, Aloysius Jin Luxian, died on Saturday at age 96. Didi Kirsten Tatlow of The New York Times reports that hundreds of people attended his funeral on Monday,...

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China Brings Home Its Bronzes

The twelve bronze zodiac animal heads cast by Jesuits for the emperor Qianlong have become a potent symbol of China’s humiliation by predatory Western imperialists during the 19th Century. The heads are widely held to have...

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