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From SK-II's problem in China and Japan's international trade fight to rumors about Carrefour supporting free-Tibet activists, global companies are running into political problems inside China. From the Financial Times:
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From AP:
Investigators on Tuesday blamed speeding for China's worst train accident in a decade, a disaster that killed at least 70 people and injured more than 400.
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The number of jailed Lhasa protesters now roars to 30. From Bloomberg:
Chinese authorities in Tibet said 30 people were jailed yesterday for taking part in pro-independence riots in Lhasa last month.
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Wang Tao, an economist from Bank of America, writes on slowing foreign exchange inflows, the weakening dollar and Yuan rate revaluation. From Caijing.com.cn:
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From The New York Times:
Rather than blend in to the prevailing campus ethos of free debate, the more strident Chinese students seem to replicate the authoritarian framework of their homeland, photographing demonstration participants and sometimes drowning out dissent.
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J. H.-R.Les Echos30 avr. 2008La thèse. « La Chine a troqué son environnement contre son développement. » Marc Mangin, journaliste économique et spécialiste de l’Asie, livre une analyse sans concession des conséquences sur l’environnement de la croissance chinoise qui fait tant…
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Look out any US window and the view is nothing but a sea of unpaid bills, with all that subprime mortgage panic a drop in the ocean of woes facing a low-IQ nation that
thinks it can painlessly borrow and inflate its way out of any debt. It can't. And if you want to survive the threat of drowning like your neighbors, sell everything and buy that
golden lifeboat
The poorer members of the International Monetary Fund, many still bridling from the terms of bailouts, including those imposed in the Asian financial crisis a decade ago,
have secured themselves marginally stronger voting rights in the organization, against the wishes of Russia and Saudi Arabia.
Lehman Brothers, Dubai World, Reliance Engineering and others wanting a stake in a US$2.3 billion Mumbai redevelopment project have an extra month to make their final
bids. Not long, given the 13 years since the idea was conceived. Yet it gives the million or so slum-dwellers to be cleared for the project more time to win political support for
a rethink, and drive up costs. - Sudha Ramachandran
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