Saturday, December 9, 2017

Beijing forces migrant workers from their homes

Beijing (CNN)Modern Beijing was built on the backs of low-paid migrants like Zhao Guihua.

The 50-something cook and cleaner is one of thousands of people critics say have been forced from their homes in the past two weeks as part of a drive by the municipal government to shut down what it claims is unsafe and overcrowded housing. Now homeless, she's selling all her possessions and preparing to return to her village -- hundreds of miles away in Henan province in central China.


FULL ARTICLE

Friday, August 28, 2015

For sale: Chinese real estate



China has relaxed rules on property sales to foreigners, in a move seen as aimed at boosting the country’s real estate sector amid a slowing economy. [International Business Times]

Tuesday, August 25, 2015

China Blames Fed For Market Rout



Xinhua reports: The China central bank blames wide-spread expectations of a Fed rate hike in September for the global market rout... demanding The Fed "remain patient."

Thursday, August 20, 2015

The 40-a-day habit in China



Thursday, August 13, 2015

China is taking on water

Wednesday, August 12, 2015

Google ‘Alphabet’ Website Not at all Live in China





The new Google holding company Alphabet, unveiled Tuesday, will own Google and other companies.

The website for Alphabet is: www.abc.xyz.

The site currently contains letter from co-founder Larry Page and a link to Google. China blocked all access to the website within 12 hours of it going live. GreatFire.org, a monitor of Internet censorship in the Asian country, says that the Alphabet website is “100% blocked.”

Friday, August 7, 2015

China's yuan - a reserve currency

Wednesday, August 5, 2015

China has spent around Rmb860-900bn to support the stock market

From Goldman Sachs China musings:


How much has the government bought in the market? 

The Chinese government's recent measures to support the domestic equity market through the so-called 'national team' institution are being frequently discussed by investors and in the media. In this commentary, we estimate the amount of money the 'national team' has spent to support the market, the remaining capital left available for use, the sectors that have likely benefited from government support, the potential overhang on the equity market from government support measures, and our views on the equity market over coming months.

We estimate the 'national team' has spent around Rmb860-900bn to support the domestic equity market.


Tuesday, August 4, 2015

China investigating liquor suppliers for Viagra in alcohol

BEIJING (Fox News) – Chinese police are investigating if two distillers in the southwestern region of Guangxi added impotence treatment drug Viagra to their liquor in the latest food-safety scare in China. The Liuzhou Food and Drug Administration said that it found the Guikun Alcohol Plant and the Deshun Alcohol Plant in Guangxi's Liuzhou city were putting Sildenafil, more commonly known as Viagra, into three of their baijiu products. Baijiu is a fiery grain liquor that commands high prices in China.

Saturday, August 1, 2015

China: Asks for stock trading records from Chinese and foreign brokerages

HONG KONG/SHANGHAI (Reuters) – China is asking foreign and Chinese-owned brokerages in Hong Kong and Singapore to hand over stock trading records, sources with direct knowledge of the requests told Reuters, extending its pursuit of investors shorting Chinese stocks to overseas jurisdictions.




#stockmarket #shorting #stockbroker

Friday, May 9, 2014

The Year of the Dragon in China

Celebrating New Year of the Dragon in China! (via http://mgedwards.com)

My wife Jing, son, and I spent the 2012 Chinese New Year with Jing’s family in Shanghai, China. It was a special New Year’s for us, not only because it ushered in the auspicious Year of the Dragon but also because it marked a first for our family…

Wednesday, May 7, 2014

Education Reform Begins in China

A talk with Yuk-shan Wong on China's education reform, Chinese Dream (via GlobalPost)

Editor's note: The author, Zhenyu Li, is a contributing columnist for some of the world's premier publications and editor-in-chief of the business channel at the People's Daily Online, a publication of China's Communist Party. BEIJING, China — Education…

Wednesday, April 23, 2014

China's growing military prowess

China shows off new aircraft carrier to US defence chief (via AFP)

China will show off its new aircraft carrier to US Defence Secretary Chuck Hagel on Monday, allowing the Pentagon chief a first-hand look at a symbol of the country's growing military prowess. Hagel will kick off a three-day tour of China with a visit…

Saturday, March 8, 2014

How much Chinese Censorship for LinkedIn?

LinkedIn launches China version despite censorship fears (via AFP)

Business networking site LinkedIn has launched a Chinese version, attempting to tap the huge market while navigating a strict censorship regime that has seen other foreign social media giants banned. China has the world's largest online community with…

Wednesday, February 19, 2014

China woos Taiwan

China woos Taiwan with offshore 'common homeland' (via AFP)

A few kilometres off the Chinese coast, Beijing has appointed a Taiwanese citizen as deputy chief of an experimental "common homeland" that is an unusually forward overture to Taipei. Pingtan island is physically China's closest spot to Taiwan, and…

Monday, February 17, 2014

Nixon Goes to China

Labour and the state: Nixon goes to China? (via The Economist)

WESTMINSTER types are all abuzz about Ed Miliband's lecture on public-sector reform. They are odd like that. Still, it was an important intervention. In his comments this evening, delivered in memory of the Guardian journalist Hugo Young, the Labour…

Friday, February 7, 2014

China woos Taiwan

China woos Taiwan with offshore 'common homeland' (via AFP)

A few kilometres off the Chinese coast, Beijing has appointed a Taiwanese citizen as deputy chief of an experimental "common homeland" that is an unusually forward overture to Taipei. Pingtan island is physically China's closest spot to Taiwan, and…

Monday, February 3, 2014

The Lunar New Year in China

Money and pride keep families apart at China New Year (via AFP)

As millions join the world's largest annual human migration, some in China will not return home for the Lunar New Year, fearing the rising costs of seasonal gifts and ridicule from their families. Nanny and cleaner Tian earns 3,500 yuan ($580) a month…