Monthly Archives: March 2008
Inflation More Than Washington Behind Yuan’s Rise Against Dollar
When U.S. Treasury Secretary Henry Paulson arrives in Beijing on Wednesday, the Chinese currency might coincidental break through the symbolic seven to the dollar level. As Richard McGregor writes in the FT “the currency has become a litmus test of … Continue reading
Filed under China-U.S., Economy
Olympic Flame Comes With Tibetan Protests
Despite unprecedented attempts to ensure a protest-free hand over of the Olympic flame to the organizers of the Beijing Olympics, Greek police scuffled with pro-Tibet demonstrators gathered outside the Athens stadium where the ceremonial transfer was due to take place. … Continue reading
Filed under Beijing Olympics, Politics & Society
Li Ka-shing, Facebook and QQ
East Asia’s richest man, Li Ka-shing, has pumped another $60 million into the social networking site Facebook run by Mark Zuckerberg, a fellow billionaire if one less than a third Li’s age. Li said during a Hutchison Whampoa earnings conference … Continue reading
Filed under Media
Tearing Up The Script In Tibet
The best laid plans… The tightly scripted official tour of Tibet for a group of foreign journalists ran amok for 5 mins in Jokhang, Tibet’s holiest temple. Thirty young monks surrounded the tour party and shouted that there was no … Continue reading
Filed under Media, Politics & Society
Foreign Press Taken To Tibet
A group of Beijing-based foreign correspondents has been being escorted to Lhasa to report on the situation there, Xinhua reports. This 26-strong “international media delegation” includes representatives of the AP, the Financial Times, the Wall Street Journal, the Russian, Japanese … Continue reading
Filed under Media, Politics & Society
Fact Checking Two Views Of Tibet
Xinhua annotates screen shots from Western TV and websites to show up reporting errors in their coverage of Tibet. This follows Sunday’s apology by German TV station RTL for using a picture of Tibetan protestors in Katmandu in a report … Continue reading
Filed under Media, Politics & Society, Uncategorized
Bank Profits Trimmed By Subprime Losses
China’s banks are taking their lumps from losses on trading mortgage-related securities, even while the strong domestic economy is boosting profits. Bank of China reports a larger than expected $1.3 billion of subprime writedowns while Industrial & Commercial Bank of … Continue reading
Filed under Economy, Uncategorized
China Cracks Down On Web Video Sites
The investigation started a long time before the recent troubles in Tibet, but the lesson will not be lost on web sites in China offering video that may not be to the authorities’ liking. The State Administration of Radio, Film … Continue reading
Filed under Media, Politics & Society, Uncategorized
Two Views Of Tibet
This Bystander noted earlier how Beijing’s clampdown on media coverage was polarizing views inside and outside of China about what is happening in Tibet. The FT‘s Richard McGregor and Jamil Anderlini have done the reporting to back up my assertion. … Continue reading
Filed under Media, Politics & Society
