- China unleashes cautious giant onto world’s financial markets [AFP]
The low-key ceremony that marked the launch of China Investment Corp. this weekend could reflect the cautious manner in which Beijing intends to unleash the largest fund in history onto the world’s financial markets.
- Irish charity calls for boycott of Beijing Olympics [Belfast Telegraph]
Irish charity Trocaire has called for a boycott of next year’s Olympics in Beijing, to highlight China’s failure to act on the crisis in Burma.
- China Probing Claims of Steroid Enabling [AP]
China says it is investigating charges that makers of illegal steroids in the United States obtained raw ingredients from Chinese factories. Investigators responded to a request for assistance delivered by the U.S. Drug Enforcement Administration.
- China Bans Bra, Underwear Ads [AP]
China has banned television and radio ads for push-up bras, figure-enhancing underwear and sex toys in the communist government’s latest move to purge the nation’s airwaves of what it calls social pollution.
- China’s premier calls for opposing Taiwan independence in annual National Day speech [IHT]
Chinese Premier Wen Jiabao called on Taiwan to resist moving toward formal independence from the mainland, speaking Sunday in an annual National Day address traditionally used to appeal for unity between the rivals.
- The junta’s enablers in Beijing [The Boston Globe]
Burma’s military junta has been showing its true colors this week, firing automatic weapons at peaceful demonstrators and raiding monasteries to beat and kill Buddhist monks. But the junta’s criminal disdain for human rights has also cast a harsh light on China, the principal commercial partner, strategic ally, and diplomatic protector of the junta.
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