Posted Opinionist: Inside Games: What the Beijing Olympics is really about to Shanghaiist
Lately, the Olympics has started to remind us of the kind of conversation wherein someone is prepared to reveal a secret, but the key details are not forthcoming. Rather, the speaker dances around the facts, dropping a hint here and there at a carefully measured pace, meanwhile we sit silently, captivated and spellbound awaiting the payoff when the whole truth is finally revealed to us. So we will wait another 14 days for the start...
Posted Today's Links: The dog days of summer, China rejects emissions report, and pigeons plague Peking to Shanghaiist
China's west swelters under record high temperatures. Westernmost China's Xinjiang region was under a blistering heatwave Sunday, with the mercury hitting as high as 44.8 degrees Celsius (112.6 degrees Fahrenheit) in Turpan city, a local official said. Analysts warn China vulnerable to a Japan-style debt meltdown. Today, China could be ripe for a crisis of its own that might resemble the collapse of Japan's "Bubble Economy" in the early 1990's and have enormous global impact,...
Posted Who needs Guanxi? Dial 962288 to find out! to Shanghaiist
The first rule that many foreigners hear about doing anything in China is that you will need guanxi - relationships that help you clear the jungly bureaucracy, receive preferential tax treatment, or "free" land. Of course, the follow-up rule that is never stated in polite company is that guanxi means money, a greased palm, a sop, and a board seat. However, as useful as some relationships can be, they frequently outlive their usefulness and...
Posted Today's Links: Big money, big bridges, big magnets, and big bombs to Shanghaiist
What does $205.6 million in cash look like? Here are pictures of the cash and guns seized from the Mexico City residence of Zhenli Ye Gon, who is one among six Chinese suspects from a gang, which prosecutors say illegally imported n-acetyl pseudoephedrine. Now, just imagine 205.6 Demi Moores rolling around in it.Low-key vibe to Shanghai festival. Despite Sharon Stone's presence, the opening frames of the Shanghai Film Festival were unashamedly local and curiously low...
Posted Today's Links: Another murder, cabbies nailed, and worm trick returns to Shanghaiist
Killer bashes, knifes victim. Local prosecutors yesterday charged a 71-year-old man with killing a 76-year-old woman by bashing her with a spade, trying to suffocate her with a quilt, and then attempting to strangle her. Finally he knifed her in the face and neck, prosecutors allege. Messy, messy!U.S. avoids labeling China 'manipulator'. China is not intentionally manipulating its currency to gain an unfair trade advantage but its massive buildup of foreign reserves raises risks...