29th April 2010

The Lion Awakes 

News at a Glance

今天的中国新闻

A compilation of Headlines + Brief Summary from Chinese & International Publications relating to China.

Just 5 Minutes each day to be up-to-date on the News of China

Combined with Kaixin’s boutique SITE SEARCH ENGINE, it is a unique source of knowledge about China"

China News Archive

From 2008

China Daily

China to improve social services for migrant workers

BEIJING -- China's human resource official said Wednesday the country will step up efforts to improve social services for migrant rural workers in a report on protecting migrant rural workers' interests.   

 Photo courtesy of China Daily

Beijing to release strict new housing rules

Beijing will release new housing regulations on Wednesday, making it the first city to have a detailed policy after the State Council, or the cabinet, released 10 guidelines on April 17 in a bid to maintain stability in the housing market, the Shanghai Securities News reported.

The newspaper cited people familiar with the matter and said Beijing's detailed regulations are based on the 10 guidelines but would be stricter in their implementation.

The city would limit the number of houses local residents can buy, and ban loans to non-residents' third-house purchases, the newspaper reported.

Shenzhen and Shanghai are also planning to create detailed housing regulations, with the former being likely to limit the number of houses local residents can buy, according to the newspaper.

Drought in SW China breaks after 6 falls of rain: official

BEIJING - The severe drought in southwest China has broken after six falls of rain in the past month, Chen Zhenlin, spokesman with the China Meteorological Administration (CMA), said here Wednesday.

The rain occurred from March 22 to April 26 and ranged from 50 to 100 millimeters.

CNNIC: '.Zhongguo' domain name approved

The China Internet Network Information Center (CNNIC) announced Wednesday that the top-level Chinese domain name ".zhongguo" (written in pinyin) has been approved by the board of the Internet Corporation for Assigned Names and Numbers (ICANN), a nonprofit body that oversees Internet addresses, chinanews.com.cn reported.

Caixin.com

China Cultivates Culture – by Raising Cash

A new push for investments in filmmaking, publishing and other cultural endeavors is much more than song and dance

The Wall Street Journal

Policy Change in China Could Boost Solar Sector

SHANGHAI—China is ramping up solar-energy projects this year, but some analysts say the sector could grow much more if Beijing set fixed, preferential fees for the energy source, similar to how such tariffs for wind power have given that industry a big lift in the country.

The New York Times

Op-Ed Columnist
Failure Is Not an Option
 
By THOMAS L. FRIEDMAN
 
China is having a good week in America. Yes it is. I’d even suggest that there is some high-fiving going on in Beijing. I mean, wouldn’t you if you saw America’s Democratic and Republican leaders conspiring to ensure that America cedes the next great global industry — E.T., energy technology — to China?

Asia Times Online

SINOGRAPH
Deeper unity lurks in Confucian embrace
By Francesco Sisci

BEIJING - Let's be fair. The issue is so real that it is puzzling to us even now: how can one be both Christian and Confucian? In the 16th and 17th centuries, at the time when the West was torn by cruel wars between Catholics and Protestants, Jesuits - the Catholic soldiers of Christ - fought blasphemy, and Protestants were arguing from the farthest East that a man could be both Catholic and Confucian.

Kaixin - The whole article is well worth reading. It gives a unique insight into the Chinese mind in relation to the Western mind.

Yuan-linked inflation ahead
By Axel Merk and Kieran Osborne

There has been a lot of recent news and evidence supporting the likelihood of the Chinese authorities allowing the Chinese currency, the yuan or renminbi, to trade within a wider trading band. Why?

China is unlikely to allow its currency to appreciate because of external pressures, such as US political pressure; we believe China will move when Chinese policymakers deem it in their national interest. While this is not a certainty, we anticipate that inflationary pressures will force the Chinese authorities' hand. In our opinion, currency appreciation would be a more effective tool to help manage domestic inflationary pressures, as opposed to the relatively draconian bank regulations presently in place. Indeed, the Chinese have recently conducted studies on the likelyimpact a stronger yuan would have on the domestic economy

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