China

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All Eyes Turn to Xi Jinping
All Eyes Turn to Xi Jinping
Oct 26, 2007 1:00 PM CDT

All Eyes Turn to Xi Jinping

China's president-in-waiting plays the long game

(Newser) - Xi Jinping's appointment to the standing committee of the politburo positions him a step away from the Chinese presidency, but the man slated to rule the world's largest nation from 2012 to 2022 is an unknown quantity, writes the Guardian. The unspectacular Shanghai party boss has "no particular policies,...

Top China Bank Buys Record $5.6B Stake in African Lender

Beijing moves to invest in developing nations

(Newser) - Prodded by Beijing to invest in developing countries, China's massive state-owned bank has inked a deal to buy 20% of South Africa's Standard Bank for $5.6 billion, marking the largest Chinese investment ever in Africa. ICBC, flush with cash, is eager to provide financial services to Chinese companies increasingly...

Asian Space Race Stirs Friction, Pride

Moon shots spark suspicion about military plans in space

(Newser) - With China, India and Japan all launching civilian moon missions, the Christian Science Monitor examines the  Asian space race, driven by what one expert calls "techno-nationalism."  They "generate pride domestically and they demonstrate prowess internationally," but they're also inflaming security concerns and suspicions, as all...

China's Still Booming, but What About Inflation?

11.5% growth pushes prices worldwide

(Newser) - China's economy is booming and inflation is in check, but for how long? Third quarter growth swelled the economy by 11.5%, putting China ahead of Asian rivals India and Vietnam, and inflation dropped to 6.2%. Beijing says it will keep falling, but inflationary fears sent the Shanghai stock...

BlackBerry To Grow in China
BlackBerry To Grow in China
Oct 24, 2007 11:39 PM CDT

BlackBerry To Grow in China

RIM takes smartphone into untapped market

(Newser) - BlackBerry developer Research in Motion is pushing its smartphone into the huge Chinese market for personal communications devices, with major multinationals its first market target. Reuters reports RIM's Chinese partner, China Mobile, already has a two-thirds market share, but the Blackberry is expected to face tough opposition from a low-cost...

China Launches 1st Lunar Probe
China Launches 1st Lunar Probe
Oct 24, 2007 12:46 PM CDT

China Launches 1st Lunar Probe

Plans to land astronaut on lunar surface by 2020

(Newser) - China launched its first lunar mission today, beginning its gambit to be the third country to put a man in space. The Chang'e-I probe fired into space unmanned, but the lunar orbiter should earn China’s space program respect—and lucrative contracts, Bloomberg reports. China next plans to land a...

Supporters Rally for Suu Kyi
Supporters Rally for Suu Kyi
Oct 24, 2007 6:59 AM CDT

Supporters Rally for Suu Kyi

Protests in 12 cities to mark 12th anniversary of her imprisonment

(Newser) - Protests are in progress in front of 12 Chinese embassies around the world today to mark the 12th anniversary of the incarceration of Burmese political prisoner and Nobel Peace Prize winner Aung San Suu Kyi. Six fellow female laureates also have written an open letter, published in today's Guardian, asking...

China Clashes With Tibetan Monks in Wake of Dalai Award

Authorities crack down on celebrations

(Newser) - Chinese security forces in Tibet have clashed with Buddhist monks celebrating the Dalai Lama's recent honor from the US, the Guardian reported. Police and soldiers in the capital Lhasa and in outlying areas cracked down on monasteries holding special services in honor of the Tibetan spiritual leader, according to Hong...

Bear Stearns, China's Citic Trade $1B Stakes

Partnership will develop products, services for Chinese and Asian markets

(Newser) - In a welcome boost after this year's devastating subprime losses, Bear Stearns today moved to secure a long-coveted slice of the Chinese market. Stearns and China’s Citic Securities Co. agreed  to invest $1 billion in each other, pooling their Asian resources to develop new products for the Chinese market,...

China Picks New Politboro Young Bloods

Youngest may vie for top spot in 5 years

(Newser) - The Chinese Communist Party named its newest leaders yesterday, including the man favored to succeed current president Hu Jintao, reports the Washington Post. Xi Jinping, 54, is the son of a Chinese guerrilla leader who rose to the top of the Shanghai branch of the Communist Party, making him a...

Web Biz Alibaba Launching Record IPO in China

Operation links buyers to Chinese manufacturers

(Newser) - Alibaba, the business-to-business service that links small and mid-sized Chinese manufacturers to customers around the world, is expected today to announce what will likely be the biggest Internet IPO  in Chinese history. Analysts expect the world's most-visited import/export site to pull in an estimated $1.3 billion from Hong Kong...

In Chinatown, Something Smells Fishy

LA Times investigates Clinton campaign contributions

(Newser) - Hillary Clinton’s campaign coffers are benefiting from unlikely and possibly illegal sources, an LA Times investigation reveals. Checks for four-figure amounts are coming from dishwashers, immigrants unable to vote, and other unlikely donors in New York’s Chinatown, some of whom report feeling coerced by neighborhood associations. Other donors...

After Hu, Who? Censored Names Could Be Clues

Based on names forbidden to bloggers, bets are on Xi Jinping

(Newser) - In a 21st-century spin on Kremlinologists' dissection of May Day photos, the new makeup of the Chinese Communist Party's inner circle is under scrutiny—digitally. One of the  members to be announced Monday will almost certainly succeed Hu Jintao as president, and as always, the names are shrouded in secrecy....

China Blocking Users From US Search Engines

Some speculate it's retaliation for giving Dalai Lama the Congressional Medal

(Newser) - Chinese searchers trying to visit Google, Yahoo and Microsoft Live Search are being redirected to the Chinese search engine Baidu, according to tech news sources. Speculation has it that the Chinese government is blocking the American engines because officials are angry that the US awarded the Dalai Lama the Congressional...

Taiwan Leader Pans Chinese Peace Proposal

Chen eschews 'one China,' maintains nation's independence

(Newser) - Taiwan's Chen Shui-bian panned a Chinese peace overture, criticizing the adherence to what he calls "the framework of the 'one China' principle." "I think this would mean, for the 23 million people of Taiwan, a treaty of surrender," said the president, referring to China's refusal to...

Anti-Corruption Fight Takes Root in Rural China

Sit-in targeting village leaders in fourth month in southern Xiantang

(Newser) - Citizens of a southern Chinese town have been occupying the village hall since the beginning of July, seeking recompense for their leaders’ alleged theft of public money. The authoritarian central government hasn't taken action against Xiantang’s activists, who are mostly elderly, the Christian Science Monitor reports; the protest is...

Athletes Urged to Tackle China
Athletes Urged to Tackle China
Oct 18, 2007 1:15 PM CDT

Athletes Urged to Tackle China

New Republic wants sportsmen to condemn Olympic hosts

(Newser) - US athletes have a moral imperative to take a stand at the Beijing Olympics, the New Republic’s editors assert: The American delegation should follow Lee Bollinger’s example of “spectacular rudeness” next summer, condemning the Chinese for their brutal human rights record. It’s unethical to be hosted...

China Livid at Dalai Lama Award
China Livid at Dalai Lama Award
Oct 18, 2007 8:10 AM CDT

China Livid at Dalai Lama Award

China tells American ambassador relations 'gravely undermined'

(Newser) - China called the US ambassador on the carpet today, saying that the US had "gravely undermined relations" when President Bush yesterday presented the Dalai Lama with the Congressional Gold Medal. A Chinese foreign ministry spokesman told Reuters that DC is "very aware of what steps it can take"...

US Awards Medal to Dalai Lama
US Awards Medal to Dalai Lama
Oct 17, 2007 4:25 PM CDT

US Awards Medal to Dalai Lama

Public display angers Chinese government

(Newser) - Congress awarded the Dalai Lama its highest civilian honor today, New York Times reports. At the presentation of the Congressional Gold Medal, which went ahead despite vehement Chinese opposition, the Tibetan spiritual leader congratulated China on its economic growth and gently urged that the country embrace “transparency, the rule...

3,000 Detained in Burma, by Junta's Count

Japan cuts aid, China supports UN diplomat

(Newser) - Burma’s military regime imprisoned roughly 3,000 people in last month’s crackdown on pro-democracy protesters, the state-run newspaper announced today. Over 500 are still in custody, and more are being arrested each day. “Those who should be released will be,” the paper said. Meanwhile international outrage...

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