The Chinese government cut interest rates for the third time in six weeks on October 29. The cuts are intended to bolster the Chinese economy.
Read more »The Chinese government cut interest rates for the third time in six weeks on October 29. The cuts are intended to bolster the Chinese economy.
Read more »In a rare admission for a Chinese leader, Premier Wen Jiabao said the government is partly responsible for the tainted milk scandal that has been blamed in the deaths of four babies and shaken consumer confidence ...
Read more »Chinese writer Ma Jian sums up the importance of the Olympics to the Chinese government.
Read more »I recently asked my Chinese friends how they thought Chairman Mao would react if he was suddenly brought back to life in the 21st century. “Not happy” and “Disappointed” were the most common answers that I received; I was not surprised by such responses. After all, it is difficult to find very many reasons to label China as communist these days. The ruling party in China still calls itself communist. The international media still likes to refer to China as a communist giant. But where is communism still manifested in China today?
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What I had expected was that the Chinese government would fly off the handle, accuse the EU and America of being preposterous and out of line, and deny everything. Or put the blame on someone else. That has been the Chinese way of dealing with negative attention in almost all ways. I was wrong.
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