Worldcrunch
SHANGHAI — The annual rush in Apple stores all over the world started Sept. 20 when the Cupertino, Calif.-based company released its new iPhones 5S and 5C. Outside Fifth Avenue in New York, the queue was the longest in store history. Similarly, in China, people went en masse to buy the latest smartphone, but for […]
BEIJING — In October, a tour group of 20 of China’s top tycoons will be paying a different kind of luxury visit to America. The tour is organized by Gopher Asset, an asset management firm, and the aim is for these Chinese super-rich to investigate how Single Family Offices (SFOs) operate in the United States. […]
Last week, the city government of Wuhan, in central China, published a draft law on population and family planning management that quickly became national news. The bill charges “social maintenance fees” against unmarried woman who have given birth to a child but could not provide valid identification of the child’s father, or those who have […]
BEIJING – Who are the happiest people in China? In a survey conducted by Xiaokang (meaning basically well-off) magazine last year, in the eyes of the public, civil servant comes top of the list as a profession. However, the newly published 2012 China Workplace Mental Health Research Report has shown that officials’ own sense of […]
The first generation of entrepreneurs who built their businesses after the 1978 Chinese economic reform are giving way to their children, just as resentment against the rich explodes.
Real estate agents from the troubled Mediterranean country have identified potential buyers in China, looking for both cheap real estate, and EU residency. But buyer beware.
Setting limits on having children has meant an army of Chinese civil servants systematically employing kidnapping, torture, forced sterilization and abortions. And for what?
More and more elderly Chinese people are living far awar from their children, bringing the reality of aging “empty nesters” to the country. The social impact is huge.
-Analysis- BEIJING – One of the stated functions of the Ministry of Environmental Protection is to monitor the environment, and to publish the findings. But when a Beijing lawyer asked the Ministry to publish its national soil pollution survey, he was turned away. The reason? The findings were a state secret. In China, the “state […]
The target year is 2020, and the subject on the minds of many world economists: the Chinese consumer. In a report published last month, “Consuming China: How to get ready for the next stage,” McKinsey & Company predict that consumption will replace investment as the driving force of China’s GDP growth. Meanwhile, Dong Tao, Asia […]
URBAN TIMES, XINHUA (China), MING PAO (Hong Kong) Worldcrunch BEIJING – A top Chinese official announced on Monday that China would put an end to its controversial “Reeducation Through Labor” system. According to the Urban Times, addressing a meeting in Beijing, new Political and Legal Affairs Committee head Meng Jianzhu, said: “the use of Reeducation […]
BEIJING TIMES (CHINA) CHINA TIMES (Taiwan) Worldcrunch BEIJING – Over the last few days, China’s blogosphere has been heating up with spicy rumors that could stretch all the way back to Silicon Valley: a female director of the China Petroleum & Chemical Corporation (SINOPEC) has been accused of accepting gigolos as bribes from an American […]
Meet Captain Fu, who runs the Piraeus Container Terminal, which has been owned since 2009 by Chinese giant Cosco. So far, at least, business has barely been touched by the Greek crisis.
HAMBURG – When a Chinese customer with a lot of money buys a Ferrari, as soon as the salesperson hands over the keys, the fun can begin. When a Chinese with a lot of money buys a Steinway, the grand piano is delivered, placed in the living room – and then what? “Friends come over, […]
-Essay- BEIJING – Lately there seems to be a refreshing breeze blowing through China, which might even change the very essence of our “national conditions.” What are these Chinese “national conditions” anyway? They are many things – each uniquely Chinese. For instance, our tradition of “official-orientated consciousness.” We are accustomed to seeing large crowds at […]
GLOBAL TIMES, XINHUA (China), THE GUARDIAN (UK), CNN (US) Worldcrunch Chinese authorities have arrested at least 101 people for spreading rumors about an impending apocalypse, the state-run news agency Xinhua reports. The 101 people arrested (including 37 in Qinghai and 34 in Fujian province in the east of the country, according to CNN) all belong […]
BEIJING – After the end of last month’s 18th National Congress of the Communist Party of China, China seems to have witnessed a nationwide wave of corruption investigations against the rich and powerful. First several high-ranking officials from Canton were dismissed from their posts. Then it was the turn of Li Chungcheng, the Deputy Party […]
GLOBAL TIMES (China), CENTRAL NEWS AGENCY (Taiwan) Worldcrunch BEIJING – As a recent wave of corruption has been denounced in China, we have heard of the important role played by bloggers and a progressively more open press. But there’s another segment of society that has been absolutely crucial in busting bad politicians: their mistresses. And […]
BEIJING – What exactly is the Chinese dream? You could define it using current key words buzzing on the Internet: “the counter-attack of the diao-sze”, meaning the little people, and in particular the poor who succeed in raising their status in society through their own great efforts. The Chinese dream is related to the “American […]
SAN JOSE MERCURY NEWS (USA), CENTRAL NEWS AGENCY (Taiwan) Worldcrunch The United States has become the primary destination for Chinese students wishing to study abroad, receiving more than 170,000 students over the past two years. That shouldn’t really surprise anyone. The real news is the wave heading in the other direction: the multiplying numbers of […]
The Royal family, the English pound and driving on the left, none of these British characteristics seem to be in synch with the rest of the world. However, the British don’t particularly care what others might think. Their traditions have a special meaning for them. They are the most complicated, most contradictory, and most interesting […]