Representing Singapore at the Expo: DURIAN STAR
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Hotelist: Park Hyatt Shanghai
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- Organized crime ramps up film piracy efforts [Hollywood Reporter] How much terrorism have you funded? "Organized crime is taking on a larger role in film piracy, according to a new report from the RAND Corp. being released Tuesday. And though it could point to only a handful of examples where the profits from piracy have been used to support terrorist activities, the report warns that the terrorist connection could increase in the future."
- China food security 'grim' [Reuters] "A new food-safety law, approved on Saturday in an accelerated process since the milk scandal came to light in September, attempts to fix a fragmentary regulatory system which officials blame for recurring problems."
- China hails “online democracy” as Wen goes live on the Web [China Media Project] "So why do China’s leaders continue to talk about Internet technology as though it is an exciting and viable new alternative to that old-fashioned democratic technology — the voting booth? Because, at risk of sounding like a broken record, the Internet is the perfect distraction. It is a far-reaching medium symbolic of change that party officials can use to push the perception that political change is happening in China and that leaders are more responsive to citizens."
- Chinese Manufactures on the Brink of Failure [Caijing] "Overseas markets, which absorbs the majority of Chinese products, have been cutting orders since November - not only the major buyers of the G3, the storm eye of the current global crisis, but more so emerging economies, where deep troubles are only beginning."
- China advisory body defends Tibet crackdown [AP] "China was right to crack down hard on rioters in Tibet last year, but needs to better explain its policies to the rest of the world, the country's main government advisory body said Tuesday."
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"Chinese Manufactures on the Brink of Failure"?
by contrary, manufacturing PMI recorded 45.1 in feb. up from 42.2 in jan. which was up from 39.2 in last november. PMI is most convincing and reliable index to evaluate the china's economic condition which is recoverying.
and shanghai exchange rally a 6.12% up today compared with nose diving of paper tiger america. ha what a dismay to nanheyangrouchuan.
Anyone that knows anything about how the stock market works knows that the china markets cannot be used as a very good indication of what is really happening. so much gov money in the market and so many uninformed investors gambling on companies that do not make enough disclosure due to concealed ownership and poor reporting.
agreed that "china markets cannot be used as a very good indication of what is really happening", though wall street is no better. but what is really happenning and what i was driving at was china's economy, like it or not, is near recoverying according to PMI in last 3 months while stock market also rebound during the same time. three hours ago, reuters, unlike you, also noticed it.
http://uk.reuters.com/article/marketsNewsUS/idUKPEK1669320090304
be happy about it since the "yellow commie" s recovery would help save the swindling paper tiger's azz.