58 die in road accidents amid holiday travel rush

Five road accidents in the past two days have claimed 58 lives as hundreds of millions of Chinese journeyed home amid the Spring Festival travel rush that started last week. Nineteen people were killed in two accidents on Saturday, both involving overloaded vehicles veering off the road. In south China’s Guangxi Zhuang Autonomous Region, 19 […]

Dai Qingli: Rioting in Tibet

I am writing with regard to a letter (Remember Tibet, 7 February), which gave a groundless and distorted account of the recent incidents in some Tibetan areas of China, and even agitated for anti-China protest in London. It is necessary to set the record straight. During the Chinese New Year season which started on 23 […]

Reform and opening-up should carry on

Reform and opening-up should carry on

(Yi Xianrong) Premier Wen Jiabao’s recent remarks, during his trip to Guangdong province in commemoration of the 20th anniversary of the “Southern Tour Speeches” made by former leader Deng Xiaoping, transmitted the unequivocal message to the outside world that the key to China’s successful settlement of its problems lies in continued reform and opening-up. Deng, […]

Han Han Fights Anti-Fraud “Cop”

Han Han Fights Anti-Fraud “Cop”

Netizens have been agog at the online flame wars between Han Han (韩寒) and Fang Zhouzi (方舟子), real name Fang Shimin (方是民), since the Spring Festival. Fang Zhouzi, known as a popular myth buster, once identified a former CEO, Tang Jun (唐俊), as holding a diploma from a fake university. He has also sometimes turned […]

What does Kim Jong Il’s death mean to Chinese?

What does Kim Jong Il’s death mean to Chinese?

Will the Korean Peninsula be caught in turbulences again after Kim Jong Il’s death? Will the new leader of North Korea initiate a transition process? How about the China-DPRK relationship then? Here are some answers to these tough questions from a Chinese on-line commenter. Twitter ID @xiaomi2020 KCNA (Korean Central News Agency) announced the death […]

Andy Xie: Psyching Out Inflation

Andy Xie: Psyching Out Inflation

Plenty can be done to stabilize prices, from raising interest rates and privatizing state companies to dumping the dollar. Article originally from Caixin Magazine. Andy Xie (谢国忠) is an independent economist based in Shanghai, and the former Morgan Stanley star chief Asia-Pacific economist. A cost-price spiral psychology has become a powerful multiplier influencing China’s inflation […]

Li Na: An Economic Model to Follow

All eyes turned to Li Na, who won the tournament at Roland Garros. The economic sphere of Beijing has seized its success. While excited by the victory of the champion, people felt it was an economic phenomenon, it has dubbed “phenomenon of Li Na”. The system of elite sport in mainland China is more like […]