Monday, 24 October 2011

Begging gymnast helped by tycoon quits over insults

Zhang Shangwu - given a job by one of the mainland’s richest men - says he was humiliated on a TV show

 

Two drivers face charges over toddler’s death

After video shows two-year-old being run over and then ignored, police say they have suspects

Probe of reports rail line built by unskilled labourers

The Ministry of Railways is investigating work on building a railway in Jilin after state media reported it involved unskilled labourers and substandard materials.

Sunday, 23 October 2011

How can I be proud of my China if we are a nation of 1.4bn cold hearts?

The death of the two-year-old run over as passersby ignored her is symptomatic of a deepening moral crisis

 Read on...

Saturday, 22 October 2011

Dizzy new world of Singapore high rollers

They show up with US$30m in hand, play for stakes never seen before

Friday, 21 October 2011

Woman fights casino over $416,000 jackpot win

It was the first time Ms. Choo Hong Eng was playing the slot machines at the Marina Bay Sands (MBS) casino on Tuesday, and another casino patron had to show her the ropes.

Thursday, 20 October 2011

Moral Deficiency and the Making of Chinese Indifference

Read on...

中国人 - 鲁迅

在中国,尤其是在都市里,倘使路上有暴病倒地,或翻车捽摔伤的人,路人围观或甚至高兴的人尽有,有肯伸手来扶助一下的人却是极少的。 —— 鲁迅 一九三三年
 In China, especially in the cities, if someone fainted on the streets, or if someone was knocked over by a car, you'll find lots of gawkers and gloaters, but rarely will you find someone willing to extend a helping hand.

Wednesday, 19 October 2011

Cash drain may stifle plans for cheaper housing

China’s ambitious plans for providing government-subsidised housing - including building 36 million homes between this year and 2015 - may be too costly to continue, a senior government adviser said.

Desire and riches are dividing families

Barclays survey finds that the wealthy second generation value materialism above all, making them look less responsible to their parents

Next on Block’s short list: China

Carson Block, the scourge of Sino-Forest, calls Chinese consumer talk as ‘overblown’

Tuesday, 18 October 2011

Monday, 17 October 2011

China’s manufacturing exodus

Relentless rises in production costs and wages are forcing mainland manufacturers - and product buyers - to the cheaper markets of Southeast Asia

Beijing railway chief axed in wake of crash

Transfer of director to another position points to more reshuffles facing troubled transport system hit by a graft probe, suicide and recent accidents

Badly injured child left for dead in traffic

Passers-by look the other way after two-year-old is struck three times by two vehicles in an alley

Sunday, 16 October 2011

Beijing curbs force agents to axe 700 outlets

Strong government measures combined with market slump take their toll on jobs in real estate sector

Lessons in underground banking’s toxic liquidity

Suicides of debt-ridden tycoons and scores of business failures illustrate the high costs of seeking easy funding from the black market

Thursday, 13 October 2011

The great work of the 1911 revolution should end with a truly modern China

Hu Shuli says the republican spirit that invigorated a generation of Chinese people to overthrow dynastic rule should now inspire a push for democratic reform

The art of reading China’s statistics

The distrust some hold towards basic Chinese data may be misplaced

Foshan in fast U-turn over home restrictions

12 hours after announcing the relaxation of limits on home-buying, Guangdong city changes its mind

Bird’s nest boom has Malaysian producers drooling

Thousands of swiftlets erupt from their roosts, swirling into a brightening dawn in a riotous ritual that announces the start of each day in this coastal town in northern Malaysia.

200 bosses flee their creditors in Zhejiang

Extent of credit squeeze in the cradle of private enterprise laid bare in official report, and business lobby says problem of unpaid wages can only worsen

Wednesday, 12 October 2011

Ladies’ Night: Host bar scene in Singapore thrives

It’s now a thriving scene, with at least 10 clubs where men play host to women

News reports at the time painted vivid picture of plots and uprisings

The Post covered Hong Kong’s role as a hub for revolution and found Sun Yat-sen slick but not a strong leader

China’s Local Debt Pileup Raising Risk of Hard Landing

When China announced a nearly $600 billion package to ward off the 2008 global financial crisis, city planners across the country happily embarked on a frenzy of infrastructure projects, some of them of arguable need.

The sting in the honeypot

Business owners flocked to illegal underground banks in the good times, but now the high interest rates and slowing economy are strangling them and threatening to cause the mainland’s private sector to collapse

Li Ning Raises Concerns for Chinese Brands

In the latest rankings of the richest people in China, Li Ning — founder of one of the country’s most famous retail brands — has tumbled from 64 last year to 291.

Read on...

Australian Winemakers Tempt Chinese Palates to Secure Future

Australian winemakers are setting up replica cellar doors in China and running wine clubs and tastings as they intensify efforts to win Chinese buyers in a bid to offset shrinking demand in their traditional British and U.S. markets.

Read on...

Tuesday, 11 October 2011

China Checks Wealth Management Boom With New Rules

China has signed off a set of rules for its small but booming wealth management sector to temper rapid growth and prevent banks from exploiting loopholes to beat regulation.

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China's Local Debt Pileup Raising Risk of Hard Landing

Read on...

Monday, 10 October 2011

‘Big-mouth’ Sun got credit for others’ toil

Once-close friends and allies either fell out with Sun Yat-sen or ended their lives in poverty after his death

Sun over Hawaii

When China's founding father Sun Yat-sen first saw Hawaii, he was a young teenager going to join his brother. Later, the islands' Chinese community would be the first overseas Chinese group to support his budding revolution. On the 100th anniversary of the 1911 Revolution, Hu Yongqi and Peng Yining report from Honolulu.

Read on...

China grapples with revolutionary past, 100 years on

When the army of the Qing Dynasty turned its guns on the state on October 10 1911, it signalled the end of 2,000 years of imperial rule in China and the promise of a democratic republican government.

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Why China doesn't have its own Steve Jobs

As China joins the rest of the world to discuss the legacy Steve Jobs leaves behind, many Chinese wonder why China doesn’t have Schumpeterian-style entrepreneurs, its own Steve Jobs, Bill Gates, or Mark Zuckerberg?

Read on...

Friday, 7 October 2011

Rioting in model village attests to graft woes

Last month’s clash between villagers and police in Wukan over alleged secret land sales and corruption underscores public’s growing dissent

Thursday, 6 October 2011

Time for China to reform economy

Once again, gloomy forecasts for the Chinese economy are making the rounds amid ongoing financial turbulence in much of the world.

Brakes on property boom impact borrowing costs


Local authority debts also a concern as trends point towards deepening of mainland economic slowdown

Tuesday, 4 October 2011

Wenzhou takes action to avert loans 'time bomb'

Chinese city sets limit on non-bank lenders' rates; takes steps to halt flight of troubled businessmen

Monday, 3 October 2011

Friday, 30 September 2011

Zhejiang employees demand pay after bankrupt boss flees

Among the protestors bringing traffic to a standstill in Wenzhou were previous employees as well as creditors who had loaned money to Zhejiang Center Group.

Subprime crisis sweeps Wenzhou as bankrupt bosses flee

The east China city of Wenzhou is battling its own subprime crisis after seven local business owners fled recently, leaving thousands of employees in a state of shock and enormous unpaid loans in hundreds of millions of yuan.

Thursday, 29 September 2011

Hidden hazards in China’s role as potential saviour

Flush with trillions of dollars in cash, possible Beijing bailout of a battered Europe carries great risks

Tankers outstrip crude orders

Shipbrokers face surplus when new vessels launch and those relying on mainland demand will need to rethink strategy

Pilot property tax likely to go nationwide

A pilot programme to levy property taxes, the first of its kind in China, is helping cool price rises in Chongqing and will eventually be extended to the rest of the country, the mayor of the country’s biggest municipality told reporters.

Brakes on property boom impact borrowing costs

Local authority debts also a concern as trends point towards deepening of mainland economic slowdown

Hong Kong agents end flat-buying tours from mainland

Brokers halt ‘golden week’ visits as buying interest dives amid lending curbs and economic gloom

Wednesday, 28 September 2011

Blunt talk from China ex-premier stirs reform pot

Crumbling flood dykes in China decried as "tofu dregs" built by "parasites". Erring bankers lashed as "half-wits" and crime "accomplices". Special hotels for Communist Party elite dismissed as wasteful piles of "golden splendour".

Read on...

Sunday, 18 September 2011

Semen Proven to Increase Life Expectancy

Women who make regular contact with semen live longer and age less than women who do not, scientists have discovered.

Read on

Saturday, 17 September 2011

Once a Redoubt Against China, Taiwan’s Outpost Evolves

KINMEN, Taiwan — Burrowing just a few feet beneath the surface of this island in the Taiwan Strait turns up remnants of what was once the most militarized zone on earth.

Thursday, 15 September 2011

Malaysia to abolish unpopular security law

Malaysia will abolish an unpopular, colonial-era security law allowing detention without trial and relax other measures curbing the media and the right to free assembly, Prime Minister Najib Razak announced Thursday.

Historians on mainland give credit to KMT

New book telling story of Republic of China highlights Chiang Kai-shek's role in Second World War - a reversal of previous accounts

Wednesday, 14 September 2011

Developers likely to cut prices 15pc

Agents predict reductions to entice reluctant buyers during what should be a busy season

Wary home buyers keep rents buoyant

Demand boosts rental market as flat seekers put off buying in the hope the central government’s cooling measures will cut prices further

Tuesday, 13 September 2011

Why Wealthy Chinese Are Fleeing China

Many wealthy Chinese are ditching their Chinese passports according to a recent survey by China Merchants Bank and Bain & Co. The report found that 27 percent of Chinese with more than 100 million yuan ($16 million) in investable assets have already migrated and 47 percent are thinking about leaving China.

 Read

The good old days of Good Samaritans are gone for good

Death of an elderly man as people looked on without helping him has sparked intense debate

The man in the party machine

Zhu Rongji’s latest book offers a unique glimpse of life at the top for the former economic tsar

Sunday, 28 August 2011

Forget the bluster, DPP is treading softer line on ties

Taiwan’s opposition is preaching stability and harmony, but critics see policy contradictions