Extra! Extra! Udumbaras, James Chanos and Qiu He
- A rare buddhist flower called the Udumbara flower (or Youtan Poluo), which blooms only once every 3,000 years, was found under a nun’s washing machine in Jiangxi province. To be honest, it looks like a fungus to me. [Telegraph]
- So James Chanos has been proclaiming for a while now that China will imminently collapse… just maybe not as fast as he would at first have you believe. [China Economic Review]
- Despite an urgent need to cut emissions, fossil fuel consumption in China – especially in coal – is still soaring. Maybe we should take a harder look at carbon sequestration, says the Natural Resources Defense Council. [China Dialogue]
- Seeking Alpha talks to Vinay Dixit, Senior Director of Asia Consumer Centers in McKinsey & Company, about Chinese consumers and luxury brands. [Seeking Alpha]
- While the great firewall certainly is troublesome, there’s much more to Chinese censorship than just the technology aspect. [Image Thief]
- Ahead of the National People’s Congress, Newsweek profiles controversial Kunming provincial Party Secretary Qiu He, known for getting results in sometimes extremely unlikeable ways. [Newsweek]
- You know those weddings your Chinese partners invite you to? Watch out – they’re deadlier to your business than you’d think. [China Law Blog]
- A Chinese person and a foreigner get into a car accident and die. The foreigner gets higher death compensation. Chinese netizens react. [Chinasmack]
