At 7:00 a.m., Shanghai-based lawyer Zhang Jie opened his computer at home, logged onto the Judicial Opinions of China website, and read a court ruling on a case he had offered legal aid to. The whole process took no more than one minute.
“There is obviously participation by people, organizations from outside of Hong Kong,” Chief Executive Leung Chun-ying said in an interview on Asia Television Ltd.
A new ethnic clash in the restive region of Xinjiang, on China’s central Asian frontier, saw 22 people killed after Uighur assailants attacked Han Chinese merchants at a wholesale food market near the border with Kyrgyzstan.
They arrived at the fringes of China's modern day empire in early March, setting up base in a family planning center with riot shields, helmets and two sharp 6-foot spears propped up inside the front door.
China's securities law is to undergo a comprehensive revision almost a decade after the last major overhaul. Public consultation is due to start in the first half of next year, following recent comments from officials, scholars, and market participants.
The first national law of its kind was introduced in 1999—almost a decade after the establishment of the country's first bourse, the Shanghai Stock Exchange in 1990—and sought to create greater uniformity in the rapidly expanding securities market.
“The African way of life is under attack by Chinese corporations,” argues University of Technology, Sydney doctoral candidate Onjumi Okumu. The Kenya native contends that a combination of weak governance in African mixed with no legal restraints on Chinese corporate behavior encourage PRC companies to behave illegally and destructively in Africa, destroying the continent’s fragile social capital. Okumu focuses, in particular, on the effects Chinese investments are having on the people of Kenya. It’s a provocative, controversial, and fascinating thesis.
Ojumi Okumu is a doctoral candidate at the University of Technology, Sydeny. He researches the impact that Chinese corporations are having on African social capital, with a particular emphasis on the effects in his home country of Kenya. Prior to embarking on his Ph.D. studies, Ojumi worked in the corporate sector as the Operations Marketing Manager with Coca-Cola Africa in Nairobi and as the General Manager of JECHI Ltd. in Dar Es Salaam, Tanzania.
This September, the editors of the online edition of the 21st Century Business Herald—a leading Chinese business newspaper based in Guangzhou and owned by Southern Media Group (Nanfang Baoye Jituan)—came under investigation on charges of extortion. The case, which the Shanghai police called “a massive extortion scheme in which a media outlet, under the pretext of performing the role of public watchdog, made millions by illegally selling coverage.”
“China has clear signs of ‘froth,’ if not a bubble, in housing,” says Goldman Sachs. It looks reminiscent of the bubbles in Japan in the early 1990s and the U.S. from 2006 to 2010, it says—and finds China might turn out differently.
Pro-democracy protests took a violent turn in Hong Kong, as police officers clashed with demonstrators in the territory's Mong Kok neighborhood.
