Epoch Times China news- Support Grows for NTD Television to Keep Broadcasting Into China May 20, 2013
- Stop Persecution: Solemn, Peaceful Protest in New York May 18, 2013
- Chinese Quit Communist Party, Heralding a New China May 17, 2013
- Parents in China’s Hainan Province Accuse School Principal of Molesting Daughters May 17, 2013
- Slower Chinese Growth Adds to Pressure on Leaders May 16, 2013
Category Archives: economy
China a World Leader in Largest Urban-Rural Income Gap
IN A NEW report published by the Institute for Urban and Environmental Studies at the Chinese Academy of Social Sciences, researchers have found that China's urban-rural income gap ratio is one of the highest in the world. Even though as … Continue reading
Capitalist Investment Fund Promoted With Communist-Themed Ads
FOUR DECADES HAVE passed since the Chinese were bombarded with communist propaganda posters during the notorious Cultural Revolution, and now, the campaign is moving westward, with the help of Fidelity International. Blogger Bill Bishop discovered on Tuesday that the global asset … Continue reading
US-China Auditing Talks Hit Roadblock, Despite ‘Progress’
LAST MONTH'S MEETINGS between US regulators and their Chinese counterparts over audit inspections, prompted by heightened scrutiny of the practices and financial discrepancies of Chinese audit firms and US-listed Chinese companies, ended in deadlock. From iChinaStock.com, a blog on US-listed … Continue reading
Fudging Passenger Numbers: Trains Running at 107% Capacity?
TRAIN PASSENGERS ON China's Beijing-Shanghai high-speed rail line are lining up around the block to squeeze into train carriages like sardines, and if they don't have a seat, well then they'll just stand for the entire 800-mile-long trip. Or so … Continue reading
Posted in business, economy
Tagged chinese statistics, high speed rail, number fudging
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China: The Land of Counterfeits (Photos)
IF YOU EVER go to China, take a second look before buying anything. The cheap Adidas shoes that you find may really be Adadas, and the McDonald's that you are about to enter could actually be oMcMcDnoald's. The fake Apple … Continue reading
Hangzhou Taxi Strike: Are Cabbies Striking by the Hundreds or the Thousands?
STATE-RUN CHINESE media and Western news organizations alike are reporting Monday that cab drivers in Hangzhou are on strike to protest high gas prices and traffic congestion that plagues the city in east China. But what they can't agree on … Continue reading
Hong Kong Middle Class Citizens Increasingly Disaffected
GROWING AT AN enviable 6.8 percent rate in 2010, Hong Kong's booming economy has surely turned heads. But Hong Kong's large middle class population hasn't been feeling the effects of the mass influx in cash. Despite a cash giveaway in … Continue reading
Posted in business, economy, human rights, politics, society
Tagged hong kong, middle class
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Wei Jingsheng on China’s Inflation
Wei Jingsheng speaks about inflation on the 24th of his "The Way Out for China" series on RFA. The basic argument is that most of the money being made in China accrues to the super rich; they don't invest it … Continue reading
Michael Pettis on China’s Structural Imbalances
Michael Pettis, a popular blogger on the Chinese economy and Carnegie fellow, gave a perspicacious summary of the structural imbalances in the Chinese growth model at the Carnegie Endowment in DC last week. Pettis spoke through a video link-up from … Continue reading
Posted in economy
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