Iran has cancelled a $2 billion contract for a Chinese firm to help build a hydroelectric dam in the country, Chinese state media said on Thursday, a move that risks upsetting Beijing, one of Tehran’s most important economic and political… Read More ›

Month: May 2012
Hangzhou kidney trade centre
According to Ming Pao’s exclusive report, there is a major kidney trade centre in Hangzhou, China where youngsters queue for sale of their kidneys with the mindset of making quick money. Some of them plan to use the money to… Read More ›
Chinese wind towers hit with U.S. tariffs
The United States imposed preliminary duties as high as 26 percent on a second clean-energy product from China on Wednesday, this time hitting the tall steel towers used to harvest power from the wind. The decision by the U.S. Commerce… Read More ›
Major Tiananmen butcher denies his role in massacre
I wrote my book “Tiananmen’s Tremendous Achievements” first of all to refute Tiananmen butcher Li Peng’s argument in his book of self-defense that China owes the massacre for its prosperity decades later. Time is changing. Li Peng will perhaps remain… Read More ›
Apple CEO wants to make less products in China
Apple Inc Chief Executive Tim Cook said he would like to see more of the company’s products assembled at home than in China and contain more U.S. components such as semiconductors. Apple has been criticised for relying on low-cost Asian… Read More ›
Tainted children’s clothes scandal in China
A finding of cancer-causing chemicals on children’s clothes sparked public fear yesterday, after a report aired on national state broadcaster China Central Television (CCTV). The station’s Weekly Quality Report investigative programme carried the report, claiming that a recent Beijing Consumer… Read More ›
China kidnapped by stubborn force in Party: Chen Guangcheng
Ming Pao special report: On May 25, blind rights activist Chen Guangcheng said in an interview with Radio Free Asia in New York, “Our country is now kidnapped by stubborn force in the Communist Party and the government is entirely… Read More ›
China could owe America one trillion dollars
China has a secret: It owes American investors hundreds of billions of dollars. The Chinese government doesn’t like to talk about it and the U.S. government doesn’t want to raise it. But decades ago, Beijing defaulted on debt owed to… Read More ›
China’s energy investment only for the brave
Private investors with the money and technology to unlock China’s vast pools of shale and coal seam gas will need strong stomachs to brave the unpredictable, unsupported and unregulated sector. China, the world’s largest energy user, signalled last week it… Read More ›
First batch of 20,000 North Korean workers in China
Hong Kong’s Singtao Daily reports: According to South Korea’s “Korean Daily”, the Chinese government is issuing work visas to allow 20,000 North Koreans to work in the three Northeast provinces. The Korean paper cites diplomatic sources in Seoul, that in… Read More ›
Manila appoints envoy to Beijing
SCMP’s Raissa Robles reports that veteran diplomat Sonia Brady, familiar with Sino-Philippine relations, has been appointed the new Philippine ambassador to China. The appointment is waiting for parliamentary approval. It shows the Philippine president’s efforts to ease the tension in… Read More ›
U.S. says China not seeking trade edge with weak yuan
The United States ruled on Friday that China was not manipulating its currency to gain an unfair trade advantage but it called the yuan “significantly undervalued” and vowed to press the Asian power for currency reforms. Many U.S. lawmakers argue… Read More ›
Officials are allowed to be despots in China
A well-known Chinese saying describes official despotism very well by saying, “Only the official is allowed to set fire, but the common people are not allowed to light lanterns.” The saying originated from the true story of a prefectural governor… Read More ›
Chinese WTO suit strikes back at U.S. duties
China launched a complaint at the World Trade Organisation on Friday against U.S. import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels and steel products. “China firmly opposes the abuse… Read More ›
China state television host calls to “clean out foreign trash”
Following recent high-profile examples of foreigners behaving badly in China, last week saw a spike of anti-foreigner sentiment that culminated in the announcement of a hundred day Beijing police crackdown on illegal immigration. Among the commentators who applauded the crackdown… Read More ›
Visa row over teachers at US Confucius Institutes
SCMP reporter Shi Jiangtao reports in Beijing, “Beijing is caught up in a diplomatic row with Washington over alleged visa violations at Chinese government-sponsored Confucius Institutes in the United States.” According to Shi, a US State Department official played down… Read More ›
China factory data signals weak first-half growth
China‘s factories faltered in May as export orders fell to two month lows, a private sector survey showed on Thursday, suggesting surprise weakness in April’s hard economic data persists even as policymakers seek to shore up growth. The HSBC Flash… Read More ›
Chen Guangcheng fights back
In his interview with Reuters, Chen Guangcheng urges China to prosecute those who harassed him in Shandong, and implement the rule of law to protect the legitimate rights of his relatives and those who helped him in his miraculous escape…. Read More ›
May 25 1977 Chinese government removes ban on Shakespeare
Originally posted on Craig Hill Media and Consulting:
On May 25th 1977, a new sign of political liberalisation appeared in China, when the communist government lifted its decade-old ban on the writings of William Shakespeare. The action by the…
China’s nine-dashed line in South China Sea
Alongside an armada of paramilitary patrol vessels and fishing boats, China has fired off a barrage of historical records to reinforce its claim over a disputed shoal near the Philippines in the South China Sea. While this propaganda broadside makes… Read More ›
China’s new privatisation plan faces push-back risk
China‘s new push to open state controlled industries may look bold after a decade of stuttering privatisation progress, but Beijing faces stiff resistance from vested interests in its effort to extend its World Trade Organisation dividend. Beijing’s leaders, its top… Read More ›
Expansion of Shanghai Cooperation Organization
China’s official Xinhua News Agency says that the Chinese Ministry of Foreign Affairs held a press conference on May 23 to reveal information on the coming June summit of the Shanghai Cooperation Organization (SCO) in Beijing. In my Jan. 19… Read More ›
China in hardest private-sector push in decade
China signalled on Wednesday it wanted to boost private investment in its energy sector as Beijing makes its most determined push since joining the World Trade Organisation to reduce the role of the state sector in the economy. Many analysts… Read More ›
Top Chinese general’s Japan visit cancelled
Chinese website sina.com. said on May 22, the National Defence Ministry News Business Bureau confirmed to China Daily that Central Military Commission Vice Chairman Guo Boxiong “had difficulties to conduct” his visit to Japan due to work commitments. The bureau… Read More ›
Obama: US must ratify UN sea treaty to avoid confrontation with China
Washington’s failure to ratify the Law of the Sea Convention puts the U.S. military at increasing risk of confrontation with rising powers like China, U.S. officials said on Wednesday as the Obama administration began a new push to join the… Read More ›
Bo’s allies possible 18th Congress delegates
SCMP reports today: “Chongqing Mayor Huang Qifan and several top officials, who once worked closely with ousted party boss Bo Xilai, are among the 50 people on the municipality’s delegate shortlist for the Communist Party congress later this year.” The… Read More ›
China’s Sino-Forest Feels Heat in Canada
Canada‘s largest securities regulator alleged Tuesday that Sino-Forest Corp. and certain former executives inflated timber purchases and sales, capping an 11-month investigation into the troubled forest-products company. The Ontario Securities Commission signalled last month it would file fraud allegations against… Read More ›
Australian government blocks China’s Huawei
Huawei, the Chinese telecoms giant and possibly the largest company in that sector in the world, has been barred by the Australian government from supplying equipment to the national broadband network (NBN) which will shortly totally dominate Australian telecoms. Huawei… Read More ›
Frictions in The South China Sea: China’s Strategic Mistake
On the eastern side of the Eurasian continent, the Chinese economy is overheated and too-well integrated in the petrodollar system. Beijing, presently, cannot contemplate or afford to allocate any resources in a search for an alternative. The Chinese economy is… Read More ›
Chen Guangcheng’s super wisdom
The following is a personal opinion from Chan Kai Yee, author of Tiananmen’s Tremendous Achievements. Chen Guangcheng certainly proved his super wisdom with his miraculous escape, but Chinese dissidents in America such as Tiananmen heroine Chai Ling were disappointed that… Read More ›
China accuses Pentagon of undermining ties with Taiwan
China’s Defence Ministry has accused the Pentagon of hyping Chinese military power and its threat to Taiwan in a depiction that will ultimately undermine ties between the two militaries. The annual Pentagon report to Congress on China’s military always draws… Read More ›
Venezuela expands China oil-for-loan deal to $8 billion
Venezuela‘s Congress voted on Tuesday to double the amount the government can borrow from China under a deal that lets the OPEC nation repay loans with oil, potentially adding to the debt burden taken on under President Hugo Chavez. China… Read More ›
Chen Guangcheng a true hero, and his escape a tremendous victory
The following is a response from Chan Kai Yee to a report in The Global Times (editor): A blind man in house arrest, watched by 200 guards day and night, was able to flee to safety in Beijing hundreds of miles… Read More ›
China targets infrastructure to lift economy
China will fast track approvals for infrastructure investment to combat a slowdown in the economy, a state-backed newspaper reported on Tuesday, showing how Premier Wen Jiabao‘s call for policies to support growth is being put into action. The pace of… Read More ›
Abuse of air force car to clear the way for wedding motorcade in Nanjing, China
Reports by Singtao Daily, Jiangsu Broadcasting Corporation and people.com.cn: An air force car was seemingly used to clear the way for a wedding motorcade in Nanjing, and made quite a show. It raised quite an uproar. Yesterday, the relevant authority… Read More ›
Beware of North Korean navy pirates and army robbers
The kidnapped Chinese fishing boats have returned home, but that is not the end of the story. Hong Kong and even Chinese Mainland media reports clearly show that the kidnappers are North Korean navy in short supply of everything. China’s… Read More ›
Chen should return to China, Prof. Cohen
According to Hong Kong media, Prof. Jerome Cohen, who made a great contribution in helping Chen Guangcheng move to America, is of the opinion that Chen should go back to China when he has completed his study, but it depends… Read More ›
China eschews fiscal fanfare for supportive spending
China‘s focus on fine-tuning monetary and fiscal policies to fight the risk of a sudden economic slide worries investors pricing in a sixth successive quarter of slowing growth with no obvious sign of the solid stimulus they want. With domestic… Read More ›
U.S. lets China bypass Wall Street for Treasury orders
China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the… Read More ›
Beijing will build two more aircraft carriers, Taiwan intelligence
According to Agence France-Presse, Taiwan‘s intelligence chief Tsai Teh-sheng says Beijing plans to build two more aircraft carriers in addition to its first refitted former Soviet carrier. Tsui says construction of the two carriers will begin in 2013 and 2015 and… Read More ›
China’s Dalian Wanda to buy AMC Entertainment for $2.6 billion
China’s Dalian Wanda Group agreed to acquire AMC Entertainment for $2.6 billion, becoming the biggest theatre operator in the U.S. by revenue. Ties between the U.S. and Chinese movie industries have warmed after China agreed in February to open its… Read More ›
One China two areas, says Ma in inaugural speech
According to Hong Kong media, Taiwan’s president reiterated his policy of “one China, two areas” in his inaugural speech. Taiwan President Ma Ying-jeou was inaugurated for his second term on May 20. According to SCMP, Ma “struck a cautious note… Read More ›
Chen Guangcheng will go back to China
Commercial Radio Hong Kong says, according to Prof Jerome Cohen, Chen will finally return to China while SCMP reports that Chen “says he hopes to return to China after studying law and taking time to recover from years-long detention ordeal”…. Read More ›
China’s Wen urges more support for growth
China‘s premier called for additional efforts to support growth on Sunday, signalling Beijing’s willingness to take action after a recent series of economic indicators suggested that the world’s second-biggest economy will slow further in the second quarter. “We should continue… Read More ›
China state-run businesses to invest 350 billion yuan in Chongqing
Thirty of China‘s biggest state-owned businesses have signed contracts worth about 350 billion yuan ($55.3 billion) with the southwestern municipality Chongqing, Chinese media reported on Sunday, in a sign of Beijing’s determination to bolster confidence in the city formerly run… Read More ›
All Kidnapped fishing boats and crews released, Phoenix TV
According to Hong Kong’s Phoenix TV, North Korea has set free all the fishing boats and their crews seized by North Koreans. The boats and their crews are expected to be back in China tomorrow. Phoenix reporter leant from the… Read More ›
Chen speaks positive of China, Chai Ling fears he is under control
Ming Pao reports: Former student movement leader Chai Ling says that blind Chinese rights lawyer Chen Guangcheng spoke positively of the Chinese government when he arrived in the United States, giving her the impression that Chen is under control when… Read More ›
The China challenge: why mergers and acquisitions often fail
Most industries are far more fragmented in China than in developed countries. Each city or province may feature a full portfolio of breweries, pharmaceutical makers and real estate developers – a vestige of central planning and China’s lack of nationwide… Read More ›
China clears Google, Motorola merger: Deal to close ‘within days’
Chinese antitrust and competition regulators have cleared Google’s move to acquire Motorola Mobility for $12.5 billion, completing the worldwide regulatory review process. A Google representative confirmed that the Chinese government had given the merger the green light. The deal is… Read More ›
Zhou Yongkang elected a congress delegate
According to Hong Kong’s Singtao Daily and SCMP and China’s Xinjiang Daily, in Xinjiang’s election of 42 Xinjiang delegates to the 18th Congress of the Chinese Communist Party (CCP), CCP Politburo Standing Committee member Zhou Yongkang was elected a delegate…. Read More ›