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Today's Links: New highs for FDI, new lows for the Yellow River, and corruption charges for Chinese billionaire

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  • FDI keeps pouring into China, despite tough economic times. China's already received $3.29 billion (USD) in venture capital, breaking the $2.88 billion record set in 2001. [WSJ]
  • The air and water in China has been cleaner in 2008, but the Yellow River has been getting dirtier and dirtier. [Reuters and Xinhua]
  • Huang Guangyu, China's richest man and owner of the electronics chain Gome, is up on corruption charges.[Business Week]
  • Cabbies strike again, this time in Guangzhou and Shaanxi. [Shanghai Daily and SCMP]
  • Beijing plans a new $17 billion (USD) rail line out to Xinjiang. [Straits Times]
  • Temporary school buildings are being built in Sichuan--out of paper.[PingMag]
  • Snow has just passed Bud Light as the world's top selling beer. The Chinese beer started out in 1994 with just one factory in Shenyang. [The Guardian]


Photo from rdx913

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Comments [rss]

  • nanheyangrouchuan

    I'd love to know by whose metrics China's air and water are getting "cleaner"?

  • James Creegan

    Snow and Bud Light are the World's top selling beers?



    I have no words.

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