Media

01.07.13

“Help Me Pay This Bill”: A Short But Incisive Send-Up of Chinese Corruption

It is a social media classic, a send-up of the corruption and profligacy that so often enrage Web users in China. A very short story variously titled “I Did Not Eat For Free” and “Help Me Pay This Bill” has been making the rounds for months on Sina...

Supporters Back Strike and Newspaper in China

Edward Wong
New York Times
Hundreds gathered outside the headquarters of a newspaper office in southern China to support journalists who had declared a strike to protest censorship by officials.

Chinese Censors Lift the Veil on Bloggers

Adam Minter
Bloomberg
Can China’s raucous, muckraking Internet culture survive if microbloggers are forced to disclose their identities. 

Google Concedes Defeat in Chinese Censorship Battle

Josh Halliday
Guardian
U.S. company quietly drops warning message that Chinese users saw when searching for politically sensitive phrases

Caixin Media

01.04.13

Why Are Entrepreneurs So Uneasy?

I’m often asked whether it’s more difficult for a Chinese company to survive now than it was in the 1980s, when I started my business. The two eras are indeed different. Many entrepreneurs with whom I shared the stage at awards ceremonies have since...

China Insists Reporter Was Not Forced to Leave

VOA
Voice of America
China is still considering the visa application of a New York Times journalist who the paper says was forced to leave.

Why 'Breaking Bad' Should be Set in China

Eveline Chao
Motherboard
Records of large drug busts involving meth in recent years--an increasingly common occurrence--tend to show a trail that leads back to China.

Times Reporter in China is Forced to Leave over Visa Issue

The New York Times
New York Times
A correspondent who applied for press accreditation in September left because authorities did not act by Dec. 31.

China Expels Journalist after Wen Revelations

John Garnaut
Sydney Morning Herald
An New York Times reporter was expelled from China in apparent retaliation for a report about the Chinese Premier's wealth. ...

Chinese Taste for Fish Rankles

Samuel Wade
China Digital Times
A Wall Street Journal report on the seizure of Chinese fishing boats off Argentina highlights China’s growing appetite for seafood and its geopolitical effects.

China's Giant New Warplane Will Look Awfully Familiar to the U.S. Air Force

David Axe
Wired
China's military has released photos of a prototype heavy transport warplane resembling the U.S. Air Force’s workhorse C-17...

Media

12.24.12

The Most Popular Chinese Web Searches of 2012

What did China search for in 2012? It wasn’t the hotly disputed Diaoyu Islands or the widely-watched London Olympics.On Baidu.com, China’s homegrown search engine commanding about eighty-three percent of the Chinese search market, the most popular...

Caixin Media

12.24.12

U.S.-China Auditing Spat Turns Ugly

The latest twist in a long-running dispute between Beijing and Washington securities regulators over Chinese audits is threatening to boot Chinese companies from America stock exchanges.The plot thickened on December 3, when the U.S. Securities and...

China Assails U.S. Over Alliance with Japan and Possible F-16 Sales to Taiwan

Mark McDonald
New York Times
State-run news media attacked the passage of a new U.S. military spending bill that is awaiting President Obama’s signature.

Yiwu's Purveyors of Christmas Tat Give China a Dose of Ho-Ho-Ho

Leo Lewis
Times & Sunday Times
China’s Christmas lights used to be only in Shanghai and Beijing, but now brisk sales are going to small provincial city shops. 

Food For Thought

The Economist
Economist
Food companies play an ambivalent part in the fight against flab. China's packaged food sales are 3-4 times their 2002 level. ...

Focus Media Makes Deal in Biggest China Leveraged Buyout

Ye Xie and Victoria Stilwell
Bloomberg
Focus joins a growing number of Chinese stocks withdrawing from US exchanges after corporate governance concerns depressed their valuations.

Chinese Directors Call for Censorshp Reform

Clarence Tsui
Hollywood Reporter
Chinese filmmakers are calling for a system of classifying films according to their suitability for audiences of different ages.

Infographics

12.19.12

A Comparison of China’s and America’s Richest People

CNPolitics, a Chinese-language news website, recently released this infographic examining the differences between China and America’s wealthiest individuals as reported by Forbes Magazine. As the site notes, China’s relatively recent economic rise...

Who Was Monica Liang?

Alex Campbell and John Russell
Indianapolis Star
A Chicago lawyer who has lured millions in Chinese investment said he was impressed by Liang's ability to build relationships...

Caixin Media

12.16.12

Mobile Phones Souring Africa’s Image of China

Every day, about a dozen mobile phone wholesalers field orders and manufacturer offers from offices inside a nondescript, five-story building on Luthuli Avenue in downtown Nairobi.The building doesn’t look like a hub for global commerce, nor does it...

Don’t Underestimate China’s Luxury Market

Michael J. Silverstein
Harvard Business Review
China’s luxury market — and the global phenomenon of “trading up”— are well known. Yet when China's consumer markets recently experienced short terms blips, several doubters promptly questioned the pace of their long term growth. ...

China Trade Slowdown Shows Xi Must Fuel Consumption

Zheng Lifei and Zhou Xin
Bloomberg
The new Communist leaders must reduce China’s reliance on exports to sustain expansion as the country faces a wealth gap that runs a risk of fomenting social unrest.

Signals in China of a More Open Economy

Edward Wong
New York Times
Xi Jinping, the new Communist Party head, visited Shenzhen in south China, a symbol of the embrace of a state-led capitalism.

Caixin Media

12.07.12

Who Pays When a Wealth Product Fails?

A crowd of angry investors packed a Shanghai branch of Huaxia Bank on December 3 after they heard that the money wasn’t there for the first of four repayments for a 119 million-yuan wealth management plan. They demanded their money back from Huaxia...

China GDP: If Not 10%, Then What

Rahul Jacob
Financial Times
Standard Chartered economist says China's GDP is likely to grow 7% over the next five years without big interim reforms...

Mongolia Finds China Can Be Too Close for Comfort

Charles Hutzler
Associated Press
In a global rush to get rich off China, Mongolia works to ensure that Chinese investment doesn't become Chinese dominance...

From Bubble to Muddling Through

Bill Bishop
Deal Book
Two measures of manufacturing activity, the official Purchasing Managers Index and the HSBC Purchasing Managers Index, both rose above 50, which indicates expansion, for the first time in months. All is not rosy though, as this roundup of...

S.E.C. Probe Puts China Listings in Doubt

Kathey Chu, Michael Rapoport and Ben...
Wall Street Journal
The watchdog's look at Chinese affiliates of five U.S. major accounting firms deals a blow to China firms eyeing U.S. captial. ...

S.E.C. Charges the Chinese Affiliates of 5 Big Accounting Firms

Edward Wyatt
New York Times
The U.S. financial watchdog says the firms failed to produce work papers from their audits of several China-based companies that are under S.E.C. investigation.

Soft Power: China's Wanda Eyes U.S. Hotel, Movie Deals

Terrill Yue Jones
Reuters
Wanda, the world's No 1 movie theater owner, is planning a $10 billion spending spree to make Hollywood film co-productions and buy and build hotels in U.S. cities. ...

China Overtaking U.S. as Global Trader

Joe McDonald and Youkyung Lee
Associated Press
In just five years, China has surpassed the U.S. as a trading partner for much of the world.  The first story in new Associated Press series on "China's Reach."...

Mr. China Comes to America

James Fallows
Atlantic
Near the end of this year’s second presidential debate, Candy Crowley of CNN pointed out that iPads, iPhones, and other globally sought-after Apple products are all made in China. What would it take, she asked both Mitt Romney and Barack...

French Firms Must Fight China for Stake in Africa -- Moscovici

Joe Bavier
Reuters
Finance Minister says France must go on the offensive and fight the growing influence of China for a stake in Africa's markets...

China Will Top U.S. as Biggest Film Market in the World by 2020: Study

Clarence Tsui
Hollywood Reporter
Box office haul in China, which now stands as the second-largest film market in the world after Japan, will surpass that in the U.S. by 2020, according to Ernst & Young.

Is Capital Flight Taking Place in China?

Tan Shibo and Chen Long
Institute for New Economic Thinking
Some analysts argue that China's tremendous capital outflow implies many people are losing confidence in China’s economy...

China at Center of Global Illegal Timber Trade, NGO says

David Fogarty
Reuters
China's $4 billion annual timber appetite is driving illegal trade and stripping African and Asian forests and fuelling conflict, the Environmental Investigation Agency says...

State Meddling Stifles China's Film Industry

Didi Kirsten Tatlow
New York Times
The release of Lu Chuan's latest film was delayed until after the recent leadership transition. The film depicts the bloody machinations of the first Han emperor's wife...

China's Ping An Eyes Legal Action after NYT Report on Leader's Family Wealth

Reuters
Reuters
Chinese Insurance giant said recent media coverage contained "serious inaccuracies, facts being distorted and taken out of context." ...

China WIll Build the Tallest Building in the World in Just 90 Days

Jesus Diaz
Gizmodo
Sky City and its 2,749 feet distributed over 220 floors will grow in just 90 days in Changsha city, at the rate of five floors per day.

Environment

11.15.12

China’s Low-Carbon Zones Lack Motivation, Guidance, and Ideas

from chinadialogue
None of China’s so-called low-carbon industrial zones currently live up to the name. That’s the conclusion to draw from the work of the U.S. Institute for Sustainable Communities (ISC), which this year released a guide for the development of green...

Opinion: Don't Expect Radical Reforms in China

Michal Meidan
Financial Times
If Li Keqiang walks on stage second it will suggest the premier post has been upgraded to a position of greater political clout.

China's Loans Unexpectedly Fall as Money Supply Misses Forecast

Zheng Lifei, Nerys Avery
Bloomberg
Central Bank governor warns China is still deal with the effects of five years of financial crisis overseas.

Caixin Media

11.12.12

Weighing Risks Amid a Wealth Management Boom

Is China’s wealth management business a booming profit volcano for investors, or just another smoke-and-mirrors pyramid scheme?It’s a question dividing the nation’s bankers and banking regulators as investors of all kinds pour cash into bank-...

China Film Regulator: Don't Blame us for Hollywood Hiccups

Laurie Burkitt
Wall Street Journal
Beijing says it was the market that decided to bar imported films from domestic cinemas this summer, not film regulators.

China, at Party Congress, Touts its Cultural Advances

Ian Johnson
New York Times
Party guidance is the "soul” of China's moves to privitize and promote industries that can spread soft power abroad. ...

China to Launch New Manned Spaceship in 2013-Xinhua

Aileen Wang and Nick Edwards
Reuters
The launch marks a step forward in Beijing's ambitions for a bigger space presence, including construction of a space station by 2020...

Two Rising China Leaders Say Open to Wealth Declarations

John Ruwitch
Reuters
After report on Wen Jiabao's "hidden riches," Guangdong and Shanghai party bosses said officials will eventually have to declare assets...

China's Economy to Overtake U.S. Economy in Four Years, Says OECD

Jospehine Moulds
Guardian
A Paris-based think tank said China's economy will be larger than the combined eurozone economies by year's end and will overtake the US by the end of 2016...

Viewpoint

11.09.12

Pragmatism and Patience

Hamid Biglari
Hamid Bilgari, Vice Chairman of Citicorp, the strategic arm of Citigroup, is a leader in international investment banking. Bilgari says that pragmatism and patience are the dominant qualities exhibited by cultures facing major change, such as...

Debating China’s Economic Future

Nicholas Lardy and Michael Pettis
Wall Street Journal
Is China’s economic growth destined to plunge down to 3% to 4% a year, or can it be sustained in the current 7% to 8% range? China Real Time has asked heavyweight experts Michael Pettis of Peking University and ...

China Leads in Foreign Direct Investment

Jack Perkowski
Forbes
China reclaiming from the FDI leadership had as much to do with the fall off in FDI into the U.S. as it had to do with events in China.

When Madison Met Handan – A Tale of Two Cities

Dinny McMahon and Carolyn Cui
Wall Street Journal
It’s unlikely that many of the 60 Chinese investors who visited Madison in September had heard of the Wisconsin state capital and home of the University of Wisconsin Badgers before agreeing to visit the U.S. Similarly the city of Handan, the Chinese...

Media

11.02.12

Chinese Movie Mogul Promises New Party Leaders Will Open Market to Hollywood

Jonathan Landreth
A wise old cartoon turtle in Kung Fu Panda advises Po, the portly black and white star of the 2004 DreamWorks Animation blockbuster film, not to fret about honing his fighting skills, but rather to focus on the moment and do his...

Postcard

10.30.12

Wenzhou’s Italian Uncles

Ilaria Maria Sala
0039 Ristorante Italia sits in the middle of West Jiangbin Street, one of many long and large stretches of concrete that cross Wenzhou east to west, parallel to the Oujiang River, running next to some of the city’s visible wealth—in the form of...

Viewpoint

10.29.12

Hollywood Film Summit Draws Chinese Movie Moguls

Jonathan Landreth
LOS ANGELES—Hollywood and Chinese movie makers and industry hangers-on will gather Tuesday at the third annual Asia Society U.S.-China Film Summit on the campus of the University of California, Los Angeles.At a gala dinner Tuesday night, organizers...

Caixin Media

10.26.12

Below-Belt Blows in Kungfu Restaurant Battle

The crestfallen former chairman of fast-food restaurant giant Kungfu Catering Management Co. Ltd. is awaiting a verdict after a trial on corporate embezzlement charges apparently instigated by his former business partner’s wife.If Cai Dabiao is...

China Condemns NYTimes Wen Jiabao Wealth Story as 'Smear'

John Sudworth
BBC
Beijing said the report that Wen's family has "controlled ... at least $2.7bn" had "ulterior motives."...

Billions in Hidden Riches for Family of Chinese Leader

David Barboza
New York Times
Wen Jiabao's son, daughter, younger brother and brother-in-law have become extraordinarily wealthy during his leadership. ...