Caixin Media
04.27.13Cracking Down on Bond Market’s Knotty Traders
It was a typical workday morning at Wanjia Asset Management Co. in Shanghai’s downtown financial district, but the firm’s star bond trader Zou Yu was not at his desk.Zou, 31, had mysteriously failed to report for his job as head of Wanjia’s fixed-...
Media
04.26.13Making a Show of the News?
In what seemed like a flash on April 20, Chinese netizens dubbed TV reporter Chen Ying “the most beautiful bride” on China’s Internet. It was the day of her wedding but a 7.0 magnitude earthquake hit Ya’an in Sichuan province and Chen didn’t bother...
Viewpoint
04.26.13Sino-American Relations: Amour or Les Miserables?
Winston Lord, former United States Ambassador to China, tells us he recently hacked into the temples of government, pecking at his first-generation iPad with just one finger—a clear sign that...
Environment
04.22.13Why It’s Time to End China-Bashing on the Environment
from chinadialogue
The major impact that international summits and treaties have had on China’s environmental governance is often overlooked. Environmental protection first emerged as an issue in China in 1972, after the country dispatched a delegation to the U.N...
Caixin Media
04.22.13Heading off a China-style Subprime Mortgage Crisis
Warning of local governments’ high exposure to bad debts, the credit agency Fitch recently downgraded China’s long-term local-currency rating from AA– to A+. Officials should take note: the downgrade underlines how closely international markets are...
Media
04.22.13Social Media’s Role in Ya’an Earthquake Aftermath is Revealing
China’s social media was in mourning yesterday as users turned their profile photos to grey in remembrance of the victims of the 7.0 earthquake that struck the Ya’an region in Sichuan province on Saturday. As of April 22, the death toll has risen to...
Caixin Media
04.20.13Bird Flu’s Latest Talons Force Fresh Defense
A surprise attack by a new strain of the bird flu virus has forced Chinese authorities into the trenches for a two-pronged defense against unseen enemies.The primary threat is the deadly virus that scientists identified as a new strain of H7N9. It...
Environment
04.16.13Morococha: The Peruvian Town the Chinese Relocated
from chinadialogue
The headlines have been stark: a Chinese mining company moves an entire Peruvian town of 5,000 people five miles down the road to make way for its new mine.It sounds like another story about an extractive corporation riding roughshod over local...
Caixin Media
04.15.13China Export Policy Chokes on Vitamin Verdict
Internet cafés covered by the city of Wuhan’s Internet Café Association agreed to set minimum prices for online access nearly a decade ago. And more than one hundred coking coal company-members of the Coke Association of Shanxi Province each agreed...
Caixin Media
04.15.13Tencent Lets WeChat’s Rapid Growth Do the Talking
Tencent Holdings Ltd.’s free messaging service, WeChat, has seen its popularity grow among both individual users and businesses, even amid a dispute with the Big Three telecom operators [China Mobile, China Telecom, and China Unicom].Since launching...
Media
04.12.13Leftist Hawks and Conspiracy Theorists: The People’s Liberation Army’s Online Presence
Is Sina Weibo, China’s Twitter, turning into a new war zone? Dai Xu, a colonel in the Chinese Air Force and military strategist, thinks so.“A month ago, a pseudo-Japanese devil [derogatory term for pro-Japan Chinese] at Shanghai’s Fudan University...
Earthbound China
04.11.13Moving House: Preserving Huizhou’s Vernacular Architecture
In 1996, art historian Nancy Berliner, working with the Peabody Essex Museum, purchased a vacant Qing dynasty merchant’s house from the Huizhou region of China and, piece by piece, moved it to the United States to be meticulously reconstructed at...
Earthbound China
04.11.13There Goes the Neighborhood
When, in 1996, art historian Nancy Berliner purchased a late Qing dynasty merchants’ house from Huangcun, a village in Anhui province, it was just one ordinary house among thousands like it in the picturesque Huizhou region of China. It took...
Environment
04.10.13Writing Yunnan a Rubber Check
Our van stopped at a scenic vista on the contour road where verdant mountains undulated southward toward China’s border with Laos. Stepping out to take some photos, I was overcome by an acrid, unpleasant odor. I asked my local travel partner, Xiao...
Caixin Media
04.08.13A Day in the Life of a Beijing “Black Guard”
After receiving his delayed wages, thirty-year-old Wang Jie decided to change professions.On March 7, he pressed a fingerprint onto a receipt that read: “Today I have received settlement of the 12,000 yuan in wages owed to me by Mr. Shao.”“Actually...
Viewpoint
04.05.13Christopher Hill on North Korea’s Provocations
The first months of 2013 have seen a rapid intensification of combative rhetoric and action from North Korea. In the sixteen months since Kim Jong-un assumed leadership of the country, North Korea has run through the whole litany of provocations his...
Viewpoint
04.04.13‘Hi! I’m Fang!’ The Man Who Changed China
In China in the 1980s, the word renquan (“human rights”) was extremely “sensitive.” Few dared even to utter it in public, let alone to champion the concept. Now, nearly three decades later, a grassroots movement called weiquan (“supporting rights”)...
Media
04.02.13China Concerto
Before February 2012, when his name exploded onto the front pages of newspapers around the globe, most people outside of China had never heard of Bo Xilai, the now-fallen Communist Party Secretary of the megacity of Chongqing. But in the years...
Media
04.02.13Singing a Note of Caution About New First Lady Peng Liyuan
Xi Jinping, the newly appointed Chinese President, unfolded his presidency with a grand foreign tour to Russia, Tanzania, South Africa, and the Republic of the Congo. While this series of state visits unequivocally underscored China’s diplomatic...
Caixin Media
04.01.13Staking a New Claim on Internet Insurance
When three household brand names in China announced they would cooperate to form a company offering insurance services on the Internet, excitement naturally was the order of the day.Last year, Alibaba Group, Tencent Holdings, and Ping An Insurance...
Caixin Media
04.01.13New Hands Take the Financial Regulation Wheel
Who’s steering China’s carefully managed financial system? Speculators were busy name-guessing before and for several months after the Communist Party’s 18th National Congress in November.Finally, the dust started to settle with formal appointments...
Environment
03.25.13Chinese Nuclear Disaster “Highly Probable” by 2030
from chinadialogue
Some members of the nuclear power industry rely too much on theoretical calculations, when only experience can provide real accuracy.The lifetime of nuclear reactors is calculated in “reactor-years.” One reactor-year means one reactor operating for...
Caixin Media
03.23.13China’s Economic Policymakers Turning a Page
Written into the script for China’s once-in-a-decade leadership shuffle, confirmed at the recently concluded National People’s Congress, are macroeconomic policies for the new government that plot a course for future growth.The policy book has...
Caixin Media
03.23.13Achieving Real Progress in How Government Functions
After months of speculation, the reorganization of the State Council has finally been approved by the National People’s Congress.Under the shake-up, China’s rail business will no longer be managed by the regulator. Three national agencies will be...
Environment
03.22.13Public Fury After Chinese Environment Minister Keeps Job
from chinadialogue
In his eight years as China’s environmental protection minister, Zhou Shengxian has failed to keep almost a single promise. I say “almost”: he has kept his word at least when it comes to his own career—as promised, he has not quit.When the new...
Media
03.21.13The Men Are Louder: A Gender Analysis of Weibo
Does Sina Weibo provide an equal platform for expression for both men and women in China? According to a recent study conducted by Sun Huan, a graduate student in Comparative Media Studies and a research assistant at the Center for Civic Media at...
Viewpoint
03.19.13For Many in China, the One Child Policy is Already Irrelevant
Before getting pregnant with her second child, Lu Qingmin went to the family-planning office to apply for a birth permit. Officials in her husband’s Hunan village where she was living turned her down, but she had the baby anyway. She may eventually...
Environment
03.18.13Baby Milk Restrictions Cause Outrage in Mainland China
from chinadialogue
The Hong Kong government’s recent listing of baby formula as a “reserved commodity” and a 1.8kg per person per day export limit has sparked widespread criticism—as well as becoming a hot topic at China’s annual session of parliament [the Lianghui,...
Caixin Media
03.17.13Ladders, Losers, and Direct-Marketing Schemes
A skin cream customer pays an extra fee and, voilà, instantly becomes a company representative with the right to sell cream and other products, as well as recruit more dealers.Eventually, she persuades other women to buy the cream and join the...
Caixin Media
03.16.13Spin of a Crooked Record
Hundreds of villagers in Hebei province discovered they were victims of identity theft—and in demanding officials find the culprit, they became the recipients of harassment and legal bills. Instead of seeing a shakeout, the villagers watched...
Media
03.15.13CNBC Quarrel About China’s Housing Market Bubbles Over on Chinese Internet
China’s real estate prices continue to skyrocket despite government efforts to rein them in to prevent a dangerous housing bubble. On March 5, American television network CNBC invited two analysts to debate the state of the sector. But when Peter...
Environment
03.13.13Chinese Fracking Plans Prompt “Water-Grabbing” Fears
from chinadialogue
China has become one of Asia’s leaders in expanding unconventional shale-gas extraction in the name of energy self-sufficiency and national autonomy. Experiences of “fracking” worldwide, however, suggest the costs to China of joining this revolution...
Media
03.13.13Chavez and Bo Xilai Gone: Death of a Political Model?
Venezuelan president Hugo Chavez’s death on March 5, 2013 came in the same week as the “Two Sessions” began in China, when China’s national legislature meets in Beijing. It was also almost exactly a year since the spectacular political demise of Bo...
Media
03.12.13Pig Carcasses in Shanghai River Spawn Dark Humor on Chinese Internet
The Huangpu River usually appears in glamor shots of Shanghai, serving as scenic backdrop to the colonial splendor of the Bund or the modern marvel of the Pudong skyline. But of late, a more grim and distasteful association has emerged. As of March...
Media
03.11.13Young Family’s Arrest Brings Tension Between Vendors and Police into Focus
A one-and-a-half-year-old girl wraps her arms around her mother’s neck, crying. Her mother, handcuffed, cannot hug her back—she can only squat down beside the police car to match her daughter’s height. “I’m sorry, mommy can’t hold you…”On March 6,...
Caixin Media
03.10.13Finding IPO Alley
China’s IPO action has been locked in ice since October by China Securities Regulatory Commission (CSRC) officials intent on boosting investor confidence and improving scrutiny of stock market hopefuls.Yet the heat is on for aspiring executives at...
Caixin Media
03.09.13Is Railway Reform Finally On Track?
Finally, it seems the railways ministry may soon be restructured as part of a wider exercise by the government to streamline its ministries. Putting railway reform on the agenda of this year’s meetings of the National People’s Congress and the...
Media
03.08.13“Shanghai Calling” Translates Funny
Director Daniel Hsia and producer Janet Yang were motivated to make Shanghai Calling, their first feature film together, by the shared feeling that no matter how much more important relations between the United States and China grew, they always...
Culture
03.06.13Lei Lei: A Sketch of the Animator As a Young Man
Lei Lei, a.k.a. Ray Lei, 27, is one of the best-known animators in China. Unlike many other smart kids of his generation who graduated from China’s top universities, he went off the beaten path early in his career and never turned back. In a country...
Environment
03.06.13Environmentalists Unconvinced by Wen Jiabao’s Green Words
from chinadialogue
China’s outgoing premier Wen Jiabao vowed that the government would solve the country’s ever-worsening pollution in his final work report yesterday as he opened the annual session of parliament.But coming amid rising public concern about China’s air...
Media
03.05.13What Do You Know About China’s Politics?
The Liang Hui or “Two Sessions”—the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC)—are the most crowded, most covered, and probably most hilarious annual political events in China. Every March,...
Media
03.04.13‘Zombies’ and ‘Reincarnation’
Sina Weibo, the Chinese equivalent of Twitter, announced on February 20 that it had surpassed half a billion users—more people than live in South America, and approximately the population of North America. Thickly-settled Europe edges out Weibo by...
Caixin Media
03.04.13China’s Frills and Posh Market Springs a Leak
Imagine a luxury goods shopper so confident and flush with cash that one day he walks into a Shanghai handbag shop, flashes 300,000 yuan, and waltzes out with almost every bag in stock.That’s what happened last year at a Prada store where Benny Lu...
Environment
03.02.13China Criticized over Tiger Farms and Illegal Ivory
from chinadialogue
China is under pressure to regulate its rampant trade in illegal ivory and tiger parts ahead of the Convention on International Trade in Endangered Species (CITES), opening this weekend in Bangkok.It has also been accused of quietly stimulating...
Caixin Media
03.02.13Poison Eaters of Gansu Province
Barely any rainfall on a bone-dry landscape has always made crop farming in the province of Gansu a rough gamble between the sky and local irrigation policies. But now, farmers reap only sorrow from fields that experts say are severely contaminated...
Media
03.01.13No Closer to the Chinese Dream?
2013 began dramatically in China with a standoff between journalists and state propaganda authorities over a drastically rewritten New Year’s editorial at the Southern Weekly newspaper.In the first week of the New Year, the editors of Southern...
Culture
02.28.13Classical Music with Chinese Characteristics
On a frigid Friday morning at the end of 2012, a stream of expectant concertgoers poured through the cavernous lobby of the China National Center for the Performing Arts. They had come to the stunning, egg-shaped arts complex at this unusually early...
Environment
02.28.13Drought and Earthquakes Pose “Enormous Risk” to China’s Nuclear Plans
from chinadialogue
When the Fukushima nuclear disaster struck, China was building new nuclear power capacity at a rate unprecedented in world history: 40 percent of all reactors planned or under construction were in China. Targets for installed nuclear generation...
Media
02.26.13Flowers of the Motherland
School uniforms have been a hot topic in the Chinese media since last Thursday. On February 20, 2013, on a new satirical TV news talk show akin to the Colbert Report but with a pre-recorded laugh track instead of a live audience, host Jin Yan of...
Viewpoint
02.25.13Xi Jinping Should Expand Deng Xiaoping’s Reforms
A month after the conclusion of the Chinese Communist Party’s (CCP) 18th National Congress, the new Secretary General of the CCP and Central Military Commission, comrade Xi Jinping, left Beijing to visit Shenzhen, the first foothold of China’s...
Caixin Media
02.24.13Dirty Business for China’s Internet Scrubbers
Flames of a public relations disaster were licking at the heels of a private equity firm when China’s most notorious Internet-scrubbing company rode to the rescue.Saving the Shenzhen-based firm’s image was not cheap, and it took more than two months...
Caixin Media
02.23.13China’s 3D Printing: Not a Revolution—Yet
Engineers, inventors, and industrial futurists in China are setting sights on a new technological frontier as three-dimensional printing slowly revolutionizes manufacturing.A Beijing University research team, for example, has been working on what...
Environment
02.22.13Could Smartphones Help Clear China’s Congested Roads?
from chinadialogue
The extraordinary growth of China’s cities is well-known. Today, 160 Chinese metropolises have over one million inhabitants and more than half the population lives in urban areas, which are growing at two to three times the rate of Western cities...
Media
02.22.13Complaints, Nationalism, and Spoofs
This week, United States government and American media charges of Chinese cyberattacks have led to a variety of responses from netizens across China. On February 19, a CNN camera crew tried to shoot video of the twelve-story military-owned building...
Media
02.22.13China’s State-Run Media Shares Powerful Map of “Cancer Villages” Creeping Inland
It appears that Chinese environmental activism is going further mainstream. The Sina micro-blogging account of Global Times, a well-known Communist Party mouthpiece, has just shared news about the horrific proliferation of “cancer villages” in China...
Media
02.21.13In Face of Mainland Censorship, Taiwanese Revisit Reunification Question
Within twenty-four hours of registration, Sina Weibo (China’s equivalent of Twitter) deleted the microblog account of Frank Hsieh, former premier of Taiwan’s pro-independence Democratic Progressive Party (DPP). Ironically, Hsieh’s last tweet before...
Environment
02.20.13Air Quality in China: A Snapshot
Nearly five weeks ago, Beijing experienced its worst day of air quality on record: Levels of PM2.5—small particulates that can cause lung, cardiovascular, and respiratory disease—soared to more than thirty times the level considered safe by the...
Media
02.20.13On China’s Twitter, Discussion of Hacking Attacks Proceeds Unblocked
As The New York Times reported yesterday evening, U.S.-based cybersecurity firm Mandiant has just released a deeply troubling report called “Exposing One of China’s Cyber Espionage Units.” The report alleges wide-spread hacking sponsored by the...
Environment
02.19.13China’s Disappointing Absence from U.N. Water Summit
from chinadialogue
After recent heated debate over China’s mega-dam plans, any visitor to the launch on February 11 of the U.N.’s much-vaunted International Year of Water Cooperation would have been disappointed.As well as a notable absence of any...