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How serious is China on corruption?

Even among China's jaded internet users, this was big news: Li Jianguo, a Communist official operating at the very top of the party, was under investigation for corruption.

 

Caterpillar profit weakened by high inventory, China fraud

Caterpillar Inc, the world's largest maker of construction equipment, posted a 55 percent drop in quarterly profit on Monday due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers.

 

Eating habits in south China driving endangered animals to extinction

Chinese Food

It’s not yet light, but Mr Qiu of Foshan in Guangdong is busy transferring king ratsnakes from a cage into a sack. He then tips them into a boiling pot. He’s been running his snake-soup shop for over a decade. In winter, residents of Guangdong province, south China, pay particular attention to diet and nutrition, meaning the shop is constantly busy. A bowl of piping hot snake soup is a breakfast favourite for many locals looking to ward off the cold. “We Cantonese have always believed that snake meat can treat illnesses, plus its nutritious and keeps out the cold,” Qiu says.

 

Eyeing rich bounty, China in line for Afghan role

China, long a bystander to the conflict in Afghanistan, is stepping up its involvement as U.S.-led forces prepare to withdraw, attracted by the country's vast mineral resources but concerned that any post-2014 chaos could embolden Islamist insurgents in its own territory....

 

China Agrees to a North Korean Spanking - Bloomberg

North Korea

China's apparent decision not to block expanded United Nations sanctions against North Korea for its satellite-cum-missile launch last month is good, if mysterious, news. Good, because China has traditionally resisted punishing North Korea for its misdeeds, arguing that engagement is more likely to bring results. Mysterious, because its reasons for changing its mind could be manifold.

 

China's Most Immediate Economic Problem

Like any nation, China has a host of problems, both societal and economic. It's getting older. It has yet to develop large portions of the west. Corruption is rampant. It has not serious entrepreneurial business culture that can drive the country's economic development. It has untold billions in government investments into states and municipalities that have no investment return for the foreseeable future. But this bridge to nowhere economy, as some naysayers might call it, has one big immediate hurdle. That hurdle is Europe.

 

China might block eventual Korean unification, report says

A recent report by Senate Republican staff members warns that China, because of its deepening economic ties with North Korea as well as its ancient claims on Korean land, could attempt to “manage, and conceivably block,” an eventual unification between the two Koreas, if ever the Kim family falls from power in Pyongyang.

 

U.S., China in tentative U.N. deal on North Korea resolution: envoys

North Korea

The United States and China have struck a tentative deal on a draft U.N. Security Council resolution condemning North Korea for its December rocket launch, though Beijing has yet to give its final approval, U.N. diplomats said on Friday.

 

A Programmer outsources his job to China. Gets great performance reviews. Pays the Chinese firm 1/5th of his salary. Surfs web.

Programming

Call it an amazing example of entrepreneurship or a daring play of deceit. After a U.S.-based "critical infrastructure" company discovered in 2012 its computer systems were being accessed from China, its security personnel caught the culprit ultimately responsible: Not a hacker from the Middle Kingdom but one of the company's own employees sitting right at his desk in the United States.

 

Beijing warns residents after off-the-charts smog

Beijing schools kept children indoors and hospitals saw a spike in respiratory cases Monday following a weekend of off-the charts pollution in China's smoggy capital, the worst since the government began being more open about air-quality data....

 

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