Robert Salomon submits:
Simon Johnson at Baseline Scenario, whose work I’ve immensely enjoyed reading over the years, posted a wonderful excerpt from his testimony before a Congressional panel about how best to put pressure on China to revalue the yuan (see Should We Fear China?).
China is the largest holder of official foreign currency reserves in [...]
ChinaBio Today submits:
WuXi PharmaTech (NYSE: WX) plans to continue its growth by expanding into biotech, safety evaluation and manufacturing. In fact, to make the growth a reality, the company invests about $60 million each year in capital expenditures.
The overview of WuXi’s outlook and operations was published recently in the China Daily, including [...]
If you were a fan of Oscar-nominated filmmaker Shui-Bo Wang’s Sunrise Over Tiananmen Square, you will also love his feature documentary, They Chose China, which tells the story of some of the 21 American soldiers who chose to stay in China after the signing of the 1953 Korean Armistice Agreement. The film features some fascinating [...]
Are you guys ready to live through all that Olympic hoopla again? Well start bracing yourselves because China *wants* the Winter Olympics and they’re working hard to make that a reality. For now, it remains unclear which city is going to bid for the Olympics but we’re pretty sure it won’t be Shanghai or anywhere [...]
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China has a huge problem with spitting. Everywhere men and women walk along and hack, stop and spit, I am not exaggerating. It covers the sidewalk, it is quite disgusting. Even the Chinese leader Deng Xiao Ping, spat during meetings, and not polite spitting but back home, country luggies.
so [...]
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Reading stories about how the trials and tribulations of South Korean athletes at the Vancouver Winter Olympics is making that country lose its collective mind reminded me of how the Chinese feel about their athletics hero, Liu Xiang.
I thought it was only a myth when I heard [...]
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WTF? The China Daily is the national newspaper of China, it is read by all. It is like the USA Today, WSJ and Times all rolled into one. Not in quality of course, that basically sucks, but in reach and exposure. Anyway, on the front page is this photo, [...]
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I’ve been the chief editor of this site since November 2006 and it has been a great up and down, on and off run during that time. Since blogspot was blocked, this site more or less died, I’ve thought about restarting it again in different guises and even [...]
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Central Huijin is a wholy owned subsidiary of China Investment Corp. IT is estimated that Central Huijin manages about 50% of CIC’s total asset in 2007, which is about USD 100 Billion. Since then, Huijin has been active in acquiring the stake holdings of big banks and financial institutions [...]