China Hints at Far Wider Welcome to Overseas Investors
on January 14, 2013
China’s top securities regulator said foreign investment could be allowed to rise tenfold In what would be a drastic liberalization of huge, cloistered capital markets.
International Schools in China Point Students to the West
on January 14, 2013
Some Chinese pay as much as 260,000 renminbi, or about $42,000, a year for a Western-style education and a possible ticket to a college overseas for their children.
Environmental Stocks Surge on China’s Smog Pollution Fears
on January 14, 2013
While Beijing struggled with pollution, prices of environmental protection stocks surged as investors bought stocks that could rise if policymakers say “enough.”
China's Press Freedom Goes South
on January 14, 2013
Censorship is commonplace, but is usually more subtle, with directives described over the phone rather than by email (where it leaves a trail).
Exposing the ‘Hazardous’ Pollution of Beijing
on January 14, 2013
Cityscapes are part of a daily collection of photos of seven cities, four in China and three in the United States published on the website China Air Daily.
Is Xi Jinping a Reformer? It’s Much Too Early to Tell
A Response to Nicholas Kristof
on January 13, 2013
Last weekend, Nicholas Kristof wrote in the pages of The New York Times that he feels moderately confident China will experience resurgent economic reform and probably political reform as well under the leadership of recently installed Communist Party General Secretary Xi Jinping. Some forecasts about China’s future are easy to dismiss. But Kristof knows the country well and we take his predictions seriously.
Breathing in Beijing: Coping with China’s Smog
on January 13, 2013
Were the Chinese cement industry a country, it would be the sixth biggest emitter of carbon dioxide in the world.
China Development Bank Cancels Loans for Ping An Deal
on January 13, 2013
The Hong Kong branch of China Development Bank (CDB) has been ordered by its Beijing headquarters to cancel loans that would have been used to finance an acquisition involving the nation’s second-largest insurer, a bank source said.
The source said the decision was reached following a Caixin investigative report over the deal’s problematic financing.
Police to Stop Camps This Year, Politburo Member Says
on January 13, 2013
The notorious system that lets police send detainees to labor camps without trial will be halted this year, said Meng Jianzhu, secretary of the Central Politics and Law Commission, at a conference on January 7.
Meng said the Communist Party’s Central Committee would submit its decision to cease using the camps to the Standing Committee of the National People’s Congress (NPC) this spring.
Shutter Labor Camp System for Good, Legal Experts Urge
on January 13, 2013
Legal experts have called on the government to follow through with hints at abolishing the country’s notorious system of labor camps.
On January 7, Politburo member Meng Jianzhu said at a top conference that the system would “cease to be used.” His comment was obtained by Caixin through a person who attended the meeting.
Meng said the decision would require approval from the Standing Committee of the National People’s Congress (NPC), which will meet this spring. But he disappointed some by stopping short of saying the camps should be abolished.