My Blog

Tag: China

  • China Economy to Overtake U.S. by 2016

    China’s economy expanded last year at 7.8pc – its slowest pace in more than a decade – and recent data has fuelled concerns that any rebound in the country’s growth is losing steam. However, the OECD was upbeat, predicting in a new survey of China’s prospects that the country’s economy could expand by 8.5pc this…

  • Obama Admin Quietly Released 8,500 Criminals, Some Killers

    Qian Wu thought the man who brutally attacked her was gone forever. She was sure that Huang Chen, a Chinese citizen who slipped into America on a ship and stayed in the country illegally, would be deported as soon as he got out of jail for choking, punching, and pointing a knife at her in…

  • China To Build World’s Tallest Building In 90 Days

    It all started simple enough. A 15-Story Hotel in just 6 days. Six days. That’s how long it took to build this level 9 Earthquake-resistant, sound-proofed, thermal-insulated 15-story hotel in Changsha, complete with everything, from the cabling to three-pane windows. The foundations were already built, but it’s just impressive. While still in basking in the…

  • Intellectual Flight from China

    Like hundreds of thousands of Chinese who leave each year, she was driven by an overriding sense that she could do better outside China. Despite China’s tremendous economic successes in recent years, she was lured by Australia’s healthier environment, robust social services and the freedom to start a family in a country that guarantees religious…

  • China Crushes Man by Steamroller

    A villager in northern China attempting to resist a forced government relocation by remaining on his land was brutally crushed to death by a road flattening truck on the orders of a Chinese government official.  … The victim, He Zhi Hua, refused to accept a paltry payment from the government which has forcefully evicted Changsha…

  • Fallout of China’s One Child Policy

    I’d not thought of this: … The reason Chinese savings levels are so high is the one-child policy. In most developing countries the way that people save is they have multiple children hopefully to generate a gaggle of grandchildren all of whom are trained to respect their elders. Given most people did not live to…

  • China Enters U.S. Banking Market

    The United States on Wednesday opened its banking market to ICBC, China’s biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to buy a…