Monthly Archives: July 2013

Pharma corruption crackdown widens

A US citizen has been detained in Shanghai as probes spread in a corruption scandal in the pharmaceuticals industry sparked by British drug-maker GlaxoSmithKline, a US embassy official confirmed on Tuesday. The US embassy in China hasn’t identified the individual and whom the detainee is associated with. “We are aware that a US citizen has […]

Posted in Politics | Tagged , , |

Choir sings its way into Chinese hearts

To the accompaniment of traditional Chinese folk instruments guzheng and erhu, the Children’s Chorus of Washington sang the popular Chinese folk song, Mo Li Hua, or The Jasmine Flower, in Mandarin.  The performance was well received by the audience in the packed Forbidden City Concert Hall in Beijing. The next Chinese song, Da Hai Gu […]

Posted in Life | Tagged , |

Bo Xilai indicted for corruption

Ex-Chongqing Party chief charged with embezzlement, bribery and abuse of power  Bo Xilai, former Party chief of Chongqing, has been charged with taking bribes, embezzlement and abuse of power, according to the Jinan People’s Procuratorate in Shandong province. Bo’s indictment was delivered to Jinan Intermediate People’s Court on Thursday. According to the indictment, Bo abused […]

Posted in Politics | Tagged , , , |

EU solar trade dispute diffused

China and the European Union sealed a deal on Saturday to end their long-term trade dispute over Chinese solar panels that has threatened to escalate into a full-blown trade war involving European wines. The settlement – with Chinese manufacturers agreeing to sell domestically produced panels at a minimum near spot market prices – came after […]

Posted in Business | Tagged , , , |

Documentary clicks capture richness of New China

In 1949, there were perhaps 100 Chinese who could get their hands on a camera. In the 1960s, there were fewer than 2,000. Today, about 100 million in the country have top equipment. But accessibility is only one reason why veteran photographers claim that now it’s the best time for documentary photography. For them, this […]

Posted in Life | Tagged , , |

FX purchases decline on signs of US QE easing

China reported the first decline of foreign exchange purchases in seven months amid signs the United States will “taper off” its quantitative easing policy. Foreign exchange purchases by financial institutions, a major indictor of capital inflows or outflows, fell 41 billion yuan ($6.6 billion) to 27.39 trillion yuan last month, according to data released by […]

Posted in Business | Tagged , , , |