Chinese Premier Wen Jiabao said easing inflation allows more room to adjust monetary policy and positive signs are emerging in the economy, expressing confidence after July data showed a further slowdown in growth. “We have the conditions and capabilities, and will be sure to fulfill this year’s economic and social development targets,” Wen said...
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China Media News
Daily Archives: August 16, 2012
China Can Meet Growth Target on Positive Signs, Wen Says
A Gold Medal’s Worth in China
By Chen Anqing (陈安庆) Nation, page 9 Issue 582, August 13, 2012 Translated by Tang Xiangyang Original article: Gold medals awarded at the London Olympics have a material value of about $700. But in China, the dividends they pay can make the athletes who win them set for life. This is especially true...
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Inner Mongolia MC builds new-type militia force system
More than ten militia emergency detachments under the Inner Mongolia Military Command (MC) of the Chinese People’s Liberation Army (PLA) have been resolutely defending the embankments of the Yellow River to cope with the urgent flood recently. The Inner Mongolia Autonomous Region covering 4,000 kilometers from east to west is not only a strategic...
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Shanghai’s economy showing signs of stability
SHANGHAI — Shanghai is witnessing a slow rebound with second quarter economic growth at 7.4 percent, compared to the first quarter’s 7 percent. During the first half of this year, China’s financial powerhouse has been promoting the economic restructuring. The added value to the property market has been reduced by 1.6 percent from the...
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Cheap and cheerful, Chinese phones outsmart Apple
By Melanie Lee SHANGHAI (Reuters) – In China’s booming smartphone market, which is set this year to overtake the United States as the world’s largest, a host of little-known local firms are primed with cheap phones to squeeze market share from U.S. giant Apple Inc’s iPhone. In the latest local challenge to the iPhone,...
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Chinese, Myanmar police bust drug gang
BEIJING – Chinese and Myanmar police have jointly destroyed a cross-border drugs gang and captured 11 suspects as well as more than 400 kg of drugs, it was announced on Wednesday. Sources with the Chinese Ministry of Public Security said that police from southwest China’s Yunnan province and their counterparts in Myanmar have smashed...
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Jewish studies flourish in China
by David N. Myers The last quarter century has witnessed a veritable explosion in the academic field of Jewish studies. During that time, Israel solidified its place as the global center in the field, while in the United States virtually every university and college of note has established its own program, center or chair....
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China’s Sexy, Cheesy Group Sex Scandal
There’s a sex scandal brewing in China, and the photos associated with it may just be the cheesiest in the history of online scandals. More than 100 photos of three men and two women having sex went viral on China’s microblogging service Sina Weibo earlier this month, International Business Times’ Amethyst Tate reports. The men...
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Chinese Developers Wary at Land Auctions
As criticism of land grabs and forced demolitions continue due to rapid urbanization, the Wall Street Journal reports despite signs of a rebound in the property market, Chinese developers are skittish at land auctions: A number of cities, including Shenyang, Dalian, Zhuhai and Tianjin, have seen disappointing land auctions, with many real-estate developers reluctant to...
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China’s terracotta warriors come to San Francisco
China’s Terracotta Warriors: The First Emperor’s Legacy Aug 15, 2012 SAN FRANCISCO, Calif. – The Asian Art Museum kicks off its 10th anniversary in San Francisco’s Civic Center with an exhibition from one of the greatest archaeological discoveries in modern times. China’s Terracotta Warriors: The First Emperor’s Legacy will be on view February 22...
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