It is not a big secret that Chinese banks are not the most helpful of institutions to deal with. However, an expat in Shanghai found that out in a more troubling way than most people have ever experienced. It was so bad he took the laudable step of suing the bank, and actually winning the case.
After a bomb from a Burmese aircraft killed four Chinese near the China-Burma border, many Chinese have been expressing their outrage on the Internet -- not only against the Burmese government but against their own for not taking a harder stance.
The UK’s decision to join China’s new alternative to the World Bank has disrupted London’s “special relationship” with the US and left seasoned Sinologists and diplomats scratching their heads.
Much of the commentary on China today assumes that the country’s economy is trapped in a depressing trade-off: Either it piles on more debt and exposes itself to financial crisis, or it curtails credit and risks the kind of slowdown that could provoke a social backlash. But this narrative overlooks the potential for structural reforms to provide China with an escape route out of its debt problems.
Wolf Totem is in many respects a special movie. Not only the story presented is very exceptional – the story surrounding the movie is also extremely peculiar in certain ways.
China’s manufacturing industry was in news again recently, but this time not for its global reach and dominance. During the Spring Festival holiday this year, many Chinese tourists to Japan brought back a good number of Japanese electronic toilet seats and rice cookers. This created a wave of debate and prompted Chinese commentators to rebuff the claim that Japanese goods are of superior quality, while defending Chinese manufacturers. Indeed, the issue points to the ironic situatio…
Tensions between Hong Kong residents and mainland visitors took a nasty turn in February with angry protests, a stark reminder that the relations between some Hong Kong locals and mainland visitors are getting worse and some urgent action is needed.
Sadly, shortly after the release of the documentary, one could also hear people blaming her for sensationalism and distortion of facts.
Huge increases in private sector credit preceded many financial crises.
A new advertising service launched by WeChat last month has created a lot more controversy than the company might have imagined. WeChat sent different ads targeted at different groups of users, which was a normal business practice, until it was revealed that the ads differentiated users according to their perceived preferences and economic status.
Experience, fun and the special ‘kick’ are very important motivations for these urban climbers, but it’s not only about adrenalin.
Shanghai is widely considered China’s foremost metropolis and it recently added to that reputation by becoming the nation’s first major area to not set a GDP growth target for 2015.
A faint hope that our air is going to improve in near future is negated by the prediction that air pollution levels have not peaked yet
Recent cases of rowdy behavior of some Chinese travelers on planes have caused sensation among the media and the people.
Preliminary figures show that China’s economy grew 7.4 percent in 2014 from the previous year — its slowest growth in 24 years. As China’s slowdown becomes clear, the country’s leadership is shifting its focus to improving the quality and efficiency of the economy. This is a rational approach since the stability of the world’s second-largest economic power will be crucial to preventing confusion and turbulence in the global economy. Chinese President Xi Jinping should push reforms in earn…
The GASC reportedly admitted that the “perverted obsession with gold medals” was one of the reasons for the violation of national laws and disruption of China’s sports development. As the first step in the aftermath of this investigation, the GASC decided it would no longer use medal rankings to measure success in sports.
Its economy has become the world’s largest but a credit-fuelled construction binge threatens growth.
Women castrating men because of violent behavior or affairs is not unheard of, but an enraged wife took the revenge to a new level by doing it twice to her unlucky husband, sending shivers among many men in China.
While many fans were shocked by the sudden death of the singer, media attention increased and journalists tried to get a slice of the story by any means.
Chinese leaders have been quick to put on a brave face after the ignominy of missing their economic-growth targets for first time since 1998. But while Premier Li Keqiang was telling global leaders in Davos not to worry about the economy, back at home the head of the country’s statistics bureau was rejecting claims China was already the world’s biggest economy.