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- In an effort to plug the gaping money hole the Bird’s Nest stadium has turned into after the Olympics, CITIC Investment Holdings has given up its management rights to the Chinese government. We wonder what’ll happen if even the government thinks it’s 200,000RMB a day upkeep is too expensive to handle. [AFP]
- An author details the slight craziness that comes with renovating an apartment in China (Dalian for him). After the carpentry and wiring were done and the workers paid, the extortion letters came. And after those threats were paid off too, what did they happen to find but another letter - this one a thank you note. [New York Times]
- In case you want a long, but incredibly thorough, write up of what’s been happening in the massive Chongqing Corruption trials, here’s one from China Brief about how the whole matter exposes “grave woes in China’s legal apparatus.” [China Brief]
- Dr. Yang Fuqiang, director of global climate solutions at the World Wildlife Foundation talks to eco-blog Treehugger.com about China and the U.S. cooperating on climate change efforts. [Treehugger]
- Forbes has compiled their list of the 400 richest people in China and compared it against the 400 richest people in the U.S. Seems like China’s catching up, even if its wealthiest guy, car maker BYD’s Wang Chuanfu, only has $5.8 billion - Bill Gates has got at least ten times that. [Forbes]
- Shahidul Alam, curator of the Drik Gallery in Dhasa, Bangladesh, records the various efforts by Chinese diplomats to “dissuade” him from allowing a Tibet exhibition to show - including pressuring his own countrymen to shut it down. We wince in sympathy for Mr. Alam. [Shahidul News]
- Beijing was bound to stop the stimulus at some point in time. Now let’s see how the Chinese economy fares without the government constantly pumping money into it. [Wall Street Journal]
- China’s bound to take no crap at the upcoming G20 meeting in Scotland, especially with its external surplus slowly being chipped away and the value of its yuan rising 21% in the last three years. [Reuters]
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I think that's Dhaka, the capital of Bangladesh?
I may try to visit that exhibit ...
oops remember to read to the end - the exhibit was closed by the police.
China's specter hangs over Asia and Africa like the shadow of death.