|Filed Under:||Local Interest / China|
|Posts on Regator:||9159|
|Posts / Week:||21|
|Archived Since:||December 12, 2008|
As China struggles with a surge of bad loans, the head of the banking regulatory agency in Jiangsu recently penned not one but two poems in an effort to make local banks lend more responsibly. One poem is for banking supervisors; the other is for rank-and-file workers in Jiangsu's banks.
In China’s “war on pollution,” five local officials stand accused of fighting back with cotton gauze. Investigators detained the five officials, from a local environmental protection office in the city of Xi’an, after finding they had jammed the cotton gauze into air pollution monitors to make smog levels air appear cleaner than they really were, […]
Government officials' plan to rid Shengzhou city of errant cigarette butts by offering tissues in exchange for them attracted people from other cities, forcing officials to suspend the program earlier than planned.
Wang Yibing, a Chinese movie producer, pioneered the online ticket-selling subsidies that helped box-office sales soar in recent years. Now, as those subsidies fade and growth in ticket sales slows, Mr. Wang is banking on young Chinese filmmakers.
Little-known Chinese conglomerate China Oceanwide Holdings Group Co., just struck a deal to acquire Genworth Financial Inc., a big player in the U.S. long-term-care insurance industry, for $2.7 billion. It is the company’s first major foray into the insurance sector overseas.
The hottest government job in China this year involves serving tea to visitors at the offices of a toothless political organization that’s barely been relevant since 1949.
For 10 years, Zhang Jianjin headed Tianjin Pharmaceuticals. Now he is in detention, undone by a passion for seafood banquets and the throat-scorching Chinese spirit Moutai.
When new data showed already high-flying housing prices soaring even further last month, China’s official number-crunchers had a message: Things are getting better.
Residents of notoriously smoggy Beijing have grown used to the sounds of air purifiers buzzing inside their homes. A Dutch innovator has a new proposal: installing giant purifiers outdoors to suck up the smog there as well. In northeast Beijing, a group called the Smog Free Project has erected a 23-foot-high air purifier that it […]
BEIJING—The Communist Party has widely touted a campaign to improve rule of law in China. Beijing’s critics call that a farce. A new global ranking released on Thursday reaches a more nuanced conclusion: China is making limited progress—though not necessarily in ways likely to impress the West. China ranked 80th out of 113 countries surveyed […]
Chinese government efforts to arrest a slowdown in the economy by expanding credit and fiscal spending seem to have worked, putting the country on track to once again reach this year’s official growth target. The world’s second-largest economy grew at a rate of 6.7% in the third quarter, the same as the previous two quarters, […]
Aaron Halegua, a practicing lawyer and consultant, has spent more than a decade studying labor issues in China and advising companies, law firms, and nonprofits on such matters. In an interview, he discussed the state of labor relations in China. Edited excerpts below:
Alibaba and Baidu both claim to offer China's most popular mobile map service. Who's right? The answer depends on whether they're evaluated using monthly or daily metrics.
After high-school teachers in northern China were rapped by local disciplinary inspectors for consuming alcohol during a lunch outing, many Chinese said that the group had done nothing wrong.
China spent decades trying to send one of its citizens into space. It finally accomplished that feat in 2003, making China the third country, after Russia and the U.S., to accomplish manned space flight. Since then, such flights have become almost routine.
Seventeen years ago, Zhou Xiaochuan, then president of one of China's oldest and largest banks, wrote an essay in an economics bimonthly magazine addressing the hottest policy topic of the day: a controversial new government program that let selected state-owned companies unwind loans they couldn’t repay with massive equity transfers to banks.
The latest analogy blowing up the Chinese tech world is comparing new technologies to the momentous, globe-shaking discovery of electricity. On Thursday, in his annual letter to shareholders of e-commerce goliath Alibaba Group Holding Ltd., executive chairman Jack Ma reached for the analogy when discussing applications for cloud computing. Show More Summary
China’s more than four-year long battle with industrial deflation finally came to an end last month—a relief for policy makers as Beijing struggles with issues such as soft foreign trade, mounting debt and an overheating property market.
For all the lavish spending by China’s professional soccer clubs this summer, its national team simply can’t buy a win.
Stimulus measures appear to have stabilized China’s economy over the past few months, but the government now faces a resulting housing bubble that it needs to contain without choking off growth, economists say.