The Fate of Traditional Chinese Medicine
on June 29, 2013
Bill Bishop swears by part of it. Jeremy Goldkorn swears regularly at it.
China and South Korea Reaffirm Efforts Aimed at North
on June 28, 2013
A joint statement issued after the meeting between the leaders, President Xi Jinping of China and President Park Geun-hye of South Korea, said they had agreed on the importance of faithfully carrying out United Nations Security Council resolutions that called for sanctions against North Korea.
Xi's Call for "Mass Line" Answered by Actions
on June 28, 2013
On June 18, Xi Jinping, general secretary of the CPC Central Committee, said that the "mass line" is the lifeline of the Party and the CPC's upcoming year-long campaign will be a "thorough cleanup" of undesirable work styles such as formalism, bureaucratism, hedonism and extravagance.
Shadow Banking Threatens China's Economy. But What is it, Exactly?
on June 28, 2013
Last week, the Shanghai interbank offered rate (Shibor), made news around the world when it suddenly spiked at all time high. Expected to lower this rate by injecting cash into struggling Chinese banks, the People's Bank of China instead did nothing, leading to speculation that China's leaders were finally prepared to tackle the economy's overheating problem.
A Character Battle Between China’s Government and its Internet Users
on June 28, 2013
The horse is out of the barn. Now that China’s social Web has given every citizen the ability to publish for a wide audience—a privilege once reserved for the government—state publications and Web users there continue to wrangle over who best grasps the Zeitgeist. Just yesterday, the Chinese Academy of Social Sciences released its (paywalled) Annual Report on Development of New Media in China.
Dalai Lama: No More ‘Wolf in Monk’s Robes’?
on June 28, 2013
“In an abrupt and unexpected reversal of policy, Chinese government officials have told monks in some Tibetan areas that they are now free to ‘worship’ the Dalai Lama as a ‘religious leader,’” Tsering Namgyal, a writer and journalist based in New York wrote.
Crunch Time
on June 28, 2013
In the months leading up to last week's liquidity crunch, in which the cost of short-term loans in China spiked and roiled global markets, most financial institutions had been lowering their growth forecasts for China. In mid-June, the World Bank revised its 2013 Chinese growth forecast from 8.4 percent to 7.7 percent.
U.S. Is a ‘Hacker Empire,’ Says Chinese Military Analyst
on June 28, 2013
For more than an hour Wednesday morning, a Chinese military analyst excoriated the United States over what state-run media here calls “Prismgate. He accused U.S. companies of using the fruits of the surveillance to make economic profit, and said, in a speech laced with moral admonition: “Persisting in evil brings about one’s own destruction.”
One Child Policy – Is Reform Gaining Momentum?
on June 28, 2013
The reorganization of the Population and Family Planning Comission, and its merger with the Ministry of Health as part of a broader restructuring to streamline China's bureauracy, has raised expectations that Xi Jinping’s new government will amend the controversial one-child policy.
China Lifts 17-year Ban on Dalai Lama Photos at Tibet Monastery
on June 28, 2013
Chinese officials have lifted a ban on Tibetan monks displaying photographs of the Dalai Lama at a prominent monastery, a rights group said on Thursday, an unexpected policy shift which could ease tensions in the restive region.