Monthly Archives: April 2011

Micro revolution sweeps nation

Weibo may reshape Internet behavior in China over next few years, Zhang Jing, Yang Yang and Meng Jing in Beijing report. It is the new kid on the block and growing leaps and bounds. Soon it may tower like a goliath over other better known peers in the Web world as suitors from the government, […]

Posted in Life |

US equity companies ‘logical’ choice for Chinese

NEW YORK – Billionaire investor Wilbur Ross Jr has advised Chinese companies to look for good American partners, especially private equity firms, if they want to invest in the United States. Ross, chairman and CEO of WL Ross & Co LLC, said that is what his company, which has invested in a dozen manufacturing facilities […]

Posted in Business |

Changing face of China’s economy

‘Trade deficits are not a blip but part of a developing trend’ For the first time in seven years international trade in China has recorded a quarterly trade deficit. This is evidence of the shift in the structure of the Chinese economy but it doesn’t signal an end to China’s international trade surpluses with the […]

Posted in Business |

Paulson backs China model

BOAO, Hainan – Economies of the United States and China are so intertwined that one’s healthy economic growth will benefit the other. “Our (US) economic problems are our own making, and we have to solve them ourselves. It would be easier to solve if there is strong growing Chinese economy,” said Henry Paulson, the former […]

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Chinese students in US – 150 years ago

NEW YORK – It was on a trans-Siberia train from Beijing to St Petersburg in 2006 when Liel Leibovitz and his wife first saw photographs on TV of young Chinese boys, wearing silk robes and long ponytails, standing on Yale University campus, in the 1870s. Leibovitz, who now teaches science communication at New York University, […]

Posted in Life |

‘Relax’ says Nye about China’s new power

NEW YORK – Prominent political analyst Joseph Nye has warned against exaggerating China’s power, despite some observers in the United States interpreting China’s growing power as a threat to US influence in East Asia. Nye, a distinguished service professor at Harvard University and author of The Future of Power, said such views could lead to […]

Posted in Business |