Government Reform: Super-Size Me
on February 18, 2013
Officials say fewer, bigger ministries can mean smaller government. Not everyone agrees.
Officials say fewer, bigger ministries can mean smaller government. Not everyone agrees.
Chinese authorities are moving to tamp down public worries about radiation less than a week after North Korea set off a nuclear test not far from their common border.
The most relevant comparison is to Tencent which is still the biggest Chinese Internet company still experiencing rapid growth – albeit at a slightly slower pace than Alibaba. (Tencent did $1.88 billion in the last year and is currently valued at $65 billion.)
In 1996 a Peace Corps volunteer arrived in Fuling, a sleepy town on the Yangtze, to teach English. He went back recently to find the landscape—and his former students—transformed.
When Venezuela seized billions of dollars in assets from Exxon Mobil and other foreign companies, Chinese state banks and investors didn't blink. Over the past five years they have loaned Venezuela more than $35 billion.
From their website:
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Within two decades the United States will be forced out of the western Pacific, says a senior Chinese military officer, amid concerns that increasingly militarised great-power rivalry could lead to war.
Tea Leaf Nation editor David Wertime spoke on February 15 on Public Radio International’s The World about NBA star Kobe Bryant (@KobeBryant), who has recently opened an account on Sina Weibo, China’s Twitter. Listen to the full two-minute interview:
What should China do to persuade its moody ally North Korea to comply with international restrictions on its nuclear ambitions?