Archive for February, 2010

Bubble Watch: Cutting Lending to Local Gov’ts

Sunday, February 28th, 2010

China’s banking regulator has ordered lenders to stop granting loans to investment vehicles backed by local governments, the latest move to tighten credit standards amid mounting concerns of bad loans down the road, according to a state-media report Wednesday.
The China Banking Regulatory Commission directive affects lending to investment companies used by local governments which have [...]

China Hospital Reform: Health Care as a Public Service

Sunday, February 28th, 2010

Always good to check in with China’s overhaul of the health care system, particularly in light of the huge debate going on now in the U.S.
The very general trend here is that after much of the public health care system was overhauled back in the mid-80s, with market principles in mind, and people were essentially [...]

Landmark Gay Rights Property Dispute in Shanghai? Not Quite

Sunday, February 28th, 2010

Very provocative headline in China Daily:
Court Favors Gay Partner in Pioneering Property Dispute

Wow. Someone write a law journal note quick! The reality of course is much less exciting than the headline would suggest. Right off the top, I should point out that the disputants in the case, co-owners of an apartment in Shanghai, are the [...]

Corruption Profiling: Should Adulterers Be Given the Same Scrutiny as Naked Officials?

Sunday, February 28th, 2010

I wrote yesterday about the increased attention on “naked” officials, government employees whose spouse and children live abroad. Lots of ‘em have been caught in corruption probes so officials that fit the profile probably deserve more scrutiny.
If that’s a good idea, who else is worthy of a closer look by investigators?
A local official from East [...]

China Reopens Individual Web Site Registration with Strict ID System

Sunday, February 28th, 2010

I guess this is one of those good news/bad news situations:
China’s technology ministry moved to tighten controls on Internet use Tuesday, saying individuals who want to operate Web sites must first meet in person with regulators.
The state-sanctioned group that registers domain names in China froze registrations for new individual Web sites in December after state [...]

China Bubble Watch: Why Isn’t Anyone Talking About Local Gov’t?

Sunday, February 28th, 2010

Journalists and bloggists (sounds balanced that way) have been punting around the topic of China’s real estate ‘bubble’ for many weeks now. The question that has garnered the most attention is whether or not the market is actually experiencing a bubble or whether this is sustainable growth.
Fun stuff, and I have participated myself. However, I [...]

The Strange Tale of Naked Chinese Officials

Sunday, February 28th, 2010

Not what you were thinking from that post title, but an important topic nonetheless:
The Chinese government is strengthening its effort to monitor officials whose wife and children live aborad (sic), as such officials are prone to abuse power.
The term “naked official” has been selected as one of China’s top ten buzzwords of 2009 by Chinese [...]

China IT Market Slowly Closing for Foreign Investors?

Sunday, February 28th, 2010

Well, that’s what I got from the first part of this FT article:
Technology companies are “feeling less welcome and finding it increasingly difficult to do business in China”, says John Neuffer, vice-president for global policy at the Information Technology Industry Council, a lobby group.
An evolving regulatory regime, targeting information technology-related products, is the chief cause [...]

WTO Disputes: Cross-retaliation and IP

Sunday, February 28th, 2010

This isn’t a China issue currently, nor do I expect it to be relevant to China trade in the future. However, it may have an impact on IP and trade generally.
Brazilian President Lula has adopted a measure to enable the suspension of Brazil’s obligations to protect intellectual property rights from the United States, which follows [...]

CS Monitor Publishes Breathtaking Example of Batshit China Bashing

Sunday, February 28th, 2010

The Christian Science Monitor online has guest bloggers. I don’t know what their editorial policy is on content, but the piece written by UCLA econ professor Matthew Kahn, an expert on environmental issues, is a classic example of juvenile China bashing. I know that the University of California is having budget problems, but I had [...]