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Wednesday, 6 June 2012
Tuesday, 5 June 2012
Chinese Drivers Pose Fresh Risks for Foreign Insurers
"People like us who buy Ferraris don't care too much about insurance
because we buy cars for speeding," said Li, in his twenties and the son
of a Pearl River Delta factory owner, as he took delivery of a new 5
million yuan ($787,500) 458 Spider, his fourth red Ferrari. "If we
crash, we just throw them away."
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Monday, 4 June 2012
Odd twist in China stock index evokes crackdown
In an unlikely coincidence certainly unwelcome to China’s
communist rulers, the stock benchmark fell 64.89 points Monday, matching the
numbers of the June 4, 1989 crackdown in the heart of Beijing.
Robots lift China's factories to new heights
The giant orange robotic arms that swiftly weld together car
frames at the Great Wall Motors factory in Baoding might seem like the perfect
answer to China's fast-rising labour costs - they don't ask for a raise, get
injured or go on strike.
Nick Bartman’s investigation of fake wine, other IPR issues in China
In March of 2010, I met Nick Bartman twice in Beijing to
talk about wine and intellectual property rights (IPR) in China. At that time,
Bartman was investigating the scale of IPR infringements, including fake wines,
in China and had started The Wine Protection Group in an effort to get major
industry players to pool their resources.
Retired SPH Editor: The problem with Singapore’s media
I am publishing this post, dear reader, because I believe
that Singaporeans place too much trust in our mainstream media to deliver “the
truth”. It really irks me that Singapore’s media keeps patting itself on the
back, when it suffers from several problems, not least a pro-government bias.
So, I have decided to show six very clear examples of poor journalism. Each one
is different, but together they highlight everything that is wrong with our
media. Please scroll to the middle of this post to see them. Or, if you permit
some preliminary yakking, then read on here….
Exploration ambitions reach new depths
Manned deep-sea submersible heads off in attempt to set a
Chinese record for the deepest dive - 7,000 metres down in the West Pacific’s
Mariana Trench
Hints of a Rift Between Myanmar’s Political Reformers
The first trip abroad in more than two decades by Myanmar’s
opposition leader, Daw Aung San Suu Kyi, appears to have strained her crucial
relationship with President U Thein Sein, who is leading the country’s
transformation from military dictatorship to embryonic democracy.
Sunday, 3 June 2012
Dark chocolate cuts heart deaths
Australian researchers have found that eating a block of
dark chocolate daily over 10 years has "significant" benefits for
high-risk cardiac patients and could prevent heart attacks and strokes.
Beijing Exhibiting New Assertiveness in South China Sea
In tropical waters off the coast of the Philippines, a
standoff between half a dozen Chinese fishing boats, two Chinese law
enforcement vessels and an aging Philippine Navy ship recently attracted a lot
of attention in Washington, Beijing and other capitals across Asia.
China's wine industry: the numbers
Part of his role as a lecturer at the Beijing University of
Agriculture has Li Demei casting his eye over how the wine industry in China is
developing, and he said Thursday he thought that, in the forseeable future at
least, the country would continue to rise as an importer of wines rather than
an exporter.
Experts say Chinese wine industry still needs time to mature
The wine industry itself would have us believe that China
will soon be the "largest vineyard" in the world but a group of wine
experts told a seminar Thursday they remained unconvinced by the claim.
Which way now for China?
Brahma Chellaney says the Communist Party’s sudden
about-face on Bo Xilai and rising popular discontent are signs that China is at
a political crossroads, with five potential scenarios
Is China’s culture holding back its scientists?
The nation produces research faster than Western nations,
but little of it is top-quality, and it loses some of its best minds to freer
countries
Hong Kong wine traders try to offset export drop
A dramatic slowdown in the growth of wine exports to the
mainland is forcing traders to come up with new business strategies to maintain
Hong Kong’s position at the centre of the trade in Asia.
Another mainland owned supercar crash
It's one of the rarest and most expensive cars in the world and the favourite marque of British superspy 007 James Bond.
The top-of-the-range racer has a massive 750 horsepower and a top speed of more than 320km/h.
It is thought to be owned by a mainlander, and has a list price in the UK of £1.4 million (HK$16.7 million).
Only 77 of the One-77 model have been built and they have all been sold, making the car one of the most sought-after on the planet.
A spokesman at Aston Martin's headquarters in Britain confirmed that an Aston Martin One-77 crashed in Hong Kong.
"This type of supercar is made for the track, not for normal road use," he said. "Many drivers who buy them can't handle the car, as it has too much horsepower for them.
"They don't have the skills or experience to control them. It's more than likely this was the reason behind this crash."
The top-of-the-range racer has a massive 750 horsepower and a top speed of more than 320km/h.
It is thought to be owned by a mainlander, and has a list price in the UK of £1.4 million (HK$16.7 million).
Only 77 of the One-77 model have been built and they have all been sold, making the car one of the most sought-after on the planet.
A spokesman at Aston Martin's headquarters in Britain confirmed that an Aston Martin One-77 crashed in Hong Kong.
"This type of supercar is made for the track, not for normal road use," he said. "Many drivers who buy them can't handle the car, as it has too much horsepower for them.
"They don't have the skills or experience to control them. It's more than likely this was the reason behind this crash."
Copy of Alpine Hamlet opens to jibes
A group of Austrians whose scenic mountain village has been
copied down to the statues by a Chinese developer attended yesterday’s opening
in China for the high-end residential project. But they were still miffed about
how the firm did it.
Asia to be base for 60 pc of U.S. fleet
Defence chief Panetta says majority of America’s warships
will be in Asia-Pacific by 2020 but China has nothing to fear; it’s no big
deal, PLA general says
Clinton won’t comment on spy case
Secretary of state refuses to discuss the detention of
Chinese aide accused of passing information to US
Homebuyers just want a fair deal
Angry about losing up to 30pc of their investments as
Beijing’s property curbs force down prices, rallies turn violent as protesters
demand compensation
Another banker caught in ABC graft probe's net
Officer from mid-sized mainland lender arrested for indirect
links to corruption suspect Yang Kun
Saturday, 2 June 2012
Mainland home prices fall for ninth straight month
Mainland home prices fell for the ninth straight month as
property curbs continued to bite, with major cities posting the biggest falls,
a property survey shows.
China developer slashes prices by a quarter
Guangdong-based Agile Holdings offers huge discount on price
of flats at 10 of its projects as government refuses to ease curbs to stop
market overheating
Row over ‘accept graft’ editorial
China Youth Daily and internet users express outrage over
state-run Global Times piece saying corruption is a disease that can never be
cured
Friday, 1 June 2012
China Arrests Official on Suspicion of Spying for the US
Chinese state security official has been arrested on
suspicion of spying for the United States, sources said, a case both countries
have kept quiet for several months as they strive to prevent a fresh crisis in
relations.
Media coverage of 2011 presidential elections was biased: Tan Cheng Bock
The former presidential candidate Dr Tan Cheng Bock believes
the media coverage of last year’s Presidential Elections was “biased towards
the government-backed candidate”.
Thursday, 31 May 2012
Women warming to white wines in China
Fruity reds are the kings of the Chinese wine market, but
experts at Asia’s biggest wine fair say women are leading a trend toward whites
that will open new revenue streams for producers worldwide.
Shiraz with your Peking Duck? Sacre bleu!
China's rapid emergence as a major international wine market
has sparked intense debate among growers about how best to pair their wines
with the country's rich array of culinary delights.
Wednesday, 30 May 2012
Lawlessness threatens China, Chen says
Blind activist Chen Guangcheng has accused the government in
Beijing of failing to uphold its own laws, saying its abusive treatment of
dissidents threatens the country’s political stability.
Top official in dissident’s province sacked
The eastern province of Shandong where blind activist Chen
Guangcheng was under house arrest before he fled has sacked the top official in
charge of the courts, prosecution and police, state press said on Wednesday.
Chen Xitong praises reformists
Deemed a hardliner, the former Beijing party boss surprises
with views on nation’s leaders of the 1980s and ‘90s - describing Jiang Zemin
as ‘power crazy’
Chen and Yao’s plan to ‘set the record straight’
Scholar admits courting trouble with decision to publish
tell-all book about the events at Tiananmen
Sina imposes code of conduct on weibo users
Users cannot post messages violating principles of the
constitution; a points system will penalise offenders
Mainland logs in to world wine web
Online shoppers will now be able to buy brands from the world's
top wine producers as the e-service operator Yihaodian widens its retail offer
Tuesday, 29 May 2012
Classically framed
Fed up with the education system, some mainland parents are
sending their children to traditional schools, where the sole subject is the
Confucian canon
Zhang Ziyi in paid sex scandal with Bo Xilai
Actress Zhang Ziyi is allegedly under investigation by the
Chinese government for being paid to have sex with disgraced former top
government official, Bo Xilai.
Jiang behind my downfall, Chen suggests
Former Beijing party leader hints that he was undone by
rumours and is the victim of the biggest injustice since the Cultural
Revolution
Monday, 28 May 2012
Young Men in China Struggling to Catch Up in Class
Educators say that the academic rift between boys and girls
in China is apparent, and statistics indicate that it is quickly growing wider.
China detains ex-top official for rape
Accused of sexually assaulting over 10 underage girls he
seduced online
Rules will limit work when it’s too hot
Proposed regulations call for all outdoor work to stop if
temperature tops 40 degrees Celsius, and employers can be prosecuted if they
don’t toe the line
Deaths confirmed of 11 missing in Yunnan
The Central government says it plans to severely penalise
local officials whose professional negligence left a 56-year-old suspect at
large for several years
Sunday, 27 May 2012
Wine expo looks north, where palates gain polish
Anderson says it is difficult to talk about the wine trade
in China as a whole, because it is made up of so many different markets, with
big differences between the leading and secondary cities. But the days of
mainlanders mixing Coke or Sprite with wine are over.
U.S. backs down in visas row
State Department revises directive that led to warning some
Chinese teachers working for the Confucius Institute would have to leave
America next month
‘Tasting splendour’ ended in tragedy
“There is just one life. Taste all the splendour the world
has to offer.”
Those are the words that Ma Chi chose to greet people with
on his instant-messaging service.
Saturday, 26 May 2012
IMF head Lagarde: Tax-shy Greeks must help themselves
IMF head Christine Lagarde has urged Greeks to pay taxes, saying she
worries more about the plight of children in sub-Saharan Africa than the
people of the crisis-hit European nation.
And when asked if she was saying to the Greeks and other European nations that they had had a nice time and it was now payback time, Ms Lagarde responded: "That's right."
Read more...
And when asked if she was saying to the Greeks and other European nations that they had had a nice time and it was now payback time, Ms Lagarde responded: "That's right."
Read more...
Friday, 25 May 2012
After Barreling Ahead in Recession, China Finally Slows
A nationwide real estate downturn, stalling exports and declining
consumer confidence have produced what a Chinese cabinet adviser, quoted on the
official government Web site on Thursday, characterized as a “sharp slowdown in
the economy.”
Thursday, 24 May 2012
Chinese couple bury woman alive, sparking outrage
Chinese police have arrested a young couple who buried an
old woman alive believing she was dead after their car hit the 68-year-old,
newspapers said on Thursday, in a case which has sparked outrage over declining
public morality.
Wednesday, 23 May 2012
The bursting of the luxury bubble
It is all going a little flat for China's once ravenous
investors. One by one, they are seeing their bubbles burst.
Russian cellist fired for rant on train
Beijing orchestra sacks musician for abusive tirade at woman
that has fuelled anti-foreigner sentiment
Tuesday, 22 May 2012
Bo’s feud with police chief: Trio failed to broker peace
Early this year, as then Chongqing party chief Bo Xilai nearly came to blows with his police chief Wang Lijun over his wife’s possible involvement in a mysterious death, three men flew into the south-western Chinese metropolis within a day or two of one another.
Crews held by N Koreans return home
All 28 fishermen are released alive after 13 days in a dark room filled with rotting fish, and some suffered regular physical beatings
Tycoons seek wives in dating contest
More than 300 women are vying to tie the knot with one of 11 super rich men in a contest that takes the dating game to a whole new level.
Are consumers’ rights really protected by the Lemon Laws?
When things turn sour: The introduction of the Lemon Laws may lead to a rise in disputes being filed at the Small Claims Tribunal
Staying competitive in a time of transition
The last five years have seen rapid change for Singapore law firms. The next five promise acceleration of change.
An era of new opportunities
Singapore’s position as a leading international arbitration hub and the liberalisation of the legal industry signal the start of an exciting and challenging era which should be welcomed
Leader’s Fall in China Put Allies in Peril
Early this year, as a crisis unfolded in the chambers of power here, three men flew into this fog-wreathed riverside metropolis within a day or two of one another. They were members of the inner court of Bo Xilai, the Communist Party aristocrat who ran the city, and they had come to repair a rupture between the strong-willed Mr. Bo and his equally driven police chief.
Monday, 21 May 2012
China reformer sees his opportunity after Bo’s fall
Wang Yang, leader of Guangdong province and well known for his deft handling of recent civil unrest there, is the first of three provincial-level party bosses who stand to benefit after a murder scandal snuffed out Bo’s career last month.
Singapore should abolish archaic laws
Mabel Au calls on the Singapore government to respect internationally accepted human rights
Law needed to force declaration of assets
Making officials and family members reveal their wealth would go a long way to fighting corruption and boosting transparency on the mainland
Bee Gees' singer Robin Gibb dies after cancer battle
Bee Gees’ singer Robin Gibb has died aged 62 after a lengthy battle with cancer, his family said.
BBC Obituary: Robin Gibb
CNN News
Reuters
Time
BBC Obituary: Robin Gibb
CNN News
Reuters
Time
US-China ties on collision course
Graeme Maxton says America’s provocations to win influence in Asia at the expense of its strategic rival, China, not only highlight its double standards, but also endanger regional peace
Europe stings Asian visitors
Chinese tourists flying off in search of luxury goods that are cheaper than at home will find firms like Louis Vuitton have raised their prices
Shenzhen’s rich buy basics in Hong Kong
Well-educated residents spend HK$24.6 billion a year on items such as toothpaste because of safety concerns about goods at home and high taxes
Shanghai, Beijing to lead commercial sell-off
Developers selling assets to raise cash for housing projects as credit tightens
Sunday, 20 May 2012
KL to scrap arrival cards for foreigners
Foreigners entering Malaysia will not need to fill up arrival cards issued by the Immigration Department from June 1, the Home Ministry has said in a statement.
Princelings in China Use Family Ties to Gain Riches
What DreamWorks did not showcase, however, was one of its newest — and most important — Chinese partners: Jiang Mianheng, the 61-year-old son of Jiang Zemin, the former Communist Party leader and the most powerful political kingmaker of China’s last two decades.
Tracking Hidden Frenchman in China’s Political Drama
Throughout the drama this spring revolving around the dismissal of the ambitious Chinese official Bo Xilai and the investigation of his wife as a murder suspect, the most mysterious figure has been a French architect named Patrick Henri Devillers.
Mystery Frenchman in Bo saga seen in Cambodia
Throughout the drama revolving around the dismissal of ambitious Chinese official Bo Xilai and the investigation of his wife on murder charges, the most mysterious figure has been a French architect named Patrick Henri Devillers.
China sentences fugitive smuggler Lai to life term
The man once considered China’s most-wanted fugitive was sentenced to life in prison for smuggling and bribery in a lurid corruption case that reached into the highest echelons of the Communist Party and involved a decade-long extradition fight.
Party leaders called on to disclose assets
Three retired officials, including daughter of a revolutionary, post letter online urging top echelon to reveal personal finances before congress meeting
Lai was famous once, but Xiamen has moved on
Some Xiamen residents appeared ambivalent about Lai Changxing after the sentencing, with two saying the case was history.
Saturday, 19 May 2012
From Red Mansion to a prison cell
Lai Changxing rose from obscurity to run an illegal empire built on smuggling, before fleeing to Canada, from where he fought for 12 years to avoid justice
Tuesday, 15 May 2012
Calls for political reform renewed
Political change should focus on people’s rights and limiting power of officials, says People’s Daily a second time since Bo Xilai was swept from power
Passport ban ends on Yunnan women
Young women in three counties in Yunnan will be able to apply for passports like other mainlanders from today after the lifting of restrictions imposed seven years ago due to concerns that many were becoming prostitutes in nearby countries.
Beijing in drive on illegal foreigners
Beijing has launched a 100-day crackdown targeting foreigners who have entered the country illegally, stayed longer than allowed or who are working in the capital illegally.
Chinese wines beat French in tasting, but it's not best vs best
Chinese wines took the top four places in a China vs Bordeaux blind tasting competition on Wednesday, but it wasn't exactly a thrashing of the world's most elite wines by Chinese upstarts.
Monday, 14 May 2012
Chinese wine makers looking to win back local taste buds
While China’s wine lovers continue their obsession with French vintages, a number of local labels are determined to lead the charge to convince them that Chinese winemakers can compete with the very best there is.
In Rise and Fall of China’s Bo Xilai, an Arc of Ruthlessness
“News 1+1” is a sort of Chinese “60 Minutes,” a newsmagazine on state-run China Central Television that explores — as much as the censors permit — the more contentious corners of Chinese society. In December 2009, the program took aim at a much-publicized anticorruption campaign in the metropolis of Chongqing, a crusade that had grabbed national attention for its sweep, but raised deep concerns about its brutality and disregard for the law.
Parents pay the price in grey area of school entry
Despite nine years of free education, Shanghai people pay dear for flats in top schools’ catchment areas
Myanmar villagers want share of energy bonanza
For decades, the islanders of Shweri Chai, a speck of land in the Bay of Bengal, have extracted oil using makeshift pulleys to draw the reddish liquid from the ground.
Wenzhou’s grey loan market in downturn
Private lending sinks 30pc from last summer’s highs, government survey finds, amid concerns about risks and overall drop in business activity
Wealthy Americans get the cold shoulder
The looming Fatca tax evasion law sends global financial institutions running for cover with its ‘draconian’ range of rules and penalties
Thursday, 10 May 2012
Wang Yang says the party can't make you happy
Provincial party boss behind Happy Guangdong campaign says citizens should seize the day and stop thinking contentment comes from above
Wednesday, 9 May 2012
Inherited privilege is a scourge of old China that must be rooted out
Hu Shuli says the excesses of the children of officials are fuelling outrage over the collusion of the rich and powerful, and unchecked government power is to blame
Police probe sophisticated wine-scam syndicate
Hundreds of mainlanders and Hongkongers may have invested in vintage futures that never existed
Malaysian families seek British justice for 1948 massacre
Malaysian relatives of 24 rubber plantation workers killed by British troops in 1948 began a High Court appeal in London on Tuesday against the British government's refusal to hold a full inquiry.
Read more...
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Sunday, 6 May 2012
Chen case exposes limits to central power in China
The case of a blind Chinese activist who sparked a diplomatic row with the United States is the latest illustration of the degree of power China’s local authorities have -- and how it can backfire on Beijing.
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