For the first time in 70 years (to the month!), the Economist has launched a new section of their magazine. The last time this happened was when they started up the US section following the events at Pearl Harbor. Now we say something something about how it's representative of a new global shift yadda yadda.
The Economist launches their new China section
Listen: Oh, China! Slow down!
English translation with thanks to China Digital Times. Click the "CC" button if you do not see the captions.
Inside a Chinese Communist Party school
Al-Jazeera's Melissa Chan gives us a fascinating glimpse of student life at a Chinese Communist Party school.
8 industries America has lost to China
In 2010, China overtook Japan to become the world's second largest economy and most experts believe it will only be two or three decades before it becomes number one, officially making the U.S. it's bitch. As shown in a recent article by 24/7 Wall St, China has already surpassed the U.S. in a number of industries that America is traditionally considered to be the world leader - you can view them above.
Newt Gingrich: I'd like to have an American on the moon before the Chinese get there
Two interesting soundbytes from US presidential hopeful Newt Gingrich from the GOP debate in Florida Thursday night:
Norway and China continue Liu Xiaobo catfight
In the latest escalation of handbags between Norway and China, a highly placed Norwegian diplomatic source has told a national newspaper that Norway could shut Beijing out of the Arctic Council.
Quote of the Day: Is the US becoming China's bitch?
"The title is deliberately provocative, I understand. It's meant to push people outside their comfort zone. We're inert. How do we snap people out of it? We helped create an export monster. We helped them because we developed an appetite for their goods. So we've kind of gotten in this dynamic of exports for finance-we will buy your cheap goods so we can stock our Wal-Mart shelves. They're moving up the value chain. And in exchange for that, we'll look for you to be our number one lender, and that, in pop psychology, you call a co-dependency-exports for finance. They're stuck with us, we're stuck with them. Stalemates, or co-dependencies like this, don't last forever."
Richard Gere: China the 'largest hypocrisy in the world'
"Are we more interested in money or are we more interested in the truth? Eventually you have to bow to the will of the people and especially as their progress as an economy, education also gets higher; their interactions with the world and other people's functioning in the world, and the openness of self-expression. No one wants to live in hypocrisy, and China is the largest hypocrisy in the world right now."
Guangzhou couple uses in vitro fertilization to have 8 babies at once
In a strange story of in vitro fertilization (IVF) gone awry, a couple from Guangzhou injected eight fertilized embryos into three separate women and, surprise surprise, out popped eight babies! The biological mother had triplets, and also hired two surrogate mothers who gave birth to twins and triplets. The babies are now over a year old, but the story is still causing controversy because not only are they violating the one-child policy, but surrogacy illegal in China. Officials are promising to hold the participating medical institutions responsible.
World Economic Forum: Hong Kong now world's #1 financial center
Hong Kong has officially entitled itself as most developed financial market in the world after it jumped from fourth position to first on the World Economic Forum index of financial market development. Beating out the established UK and US leaders, it has become the first Asian financial center ever to top the index.
More glowing meat found near Beijing
A man living in Tongzhou District in Beijing this week reports a story very similar to that of a Pudong woman in April: after purchasing a chunk of meat from a local vegetable market, he later discovered that it was glowing blue in the dark!
Bill Gates helps China materialize its nuclear future
Bill Gates enthusiastically confirmed on Wednesday that TerraPower, a company where he serves as Chairman, is cooperating with the China National Nuclear Corporation on the development of a new type of nuclear reactor. The new reactor is said to be eco-friendly, and able to endure any type of earthquake.
608 arrested and 178 babies freed in human trafficking bust
Chinese authorities have arrested over 600 individuals related to child trafficking in a joint operation which involved more than 5,000 agents in 10 different provinces. 178 children were rescued in the bust, and are currently residing safely in different orphanages while authorities are trying to reunite them with their families.
Workers for Apple and Motorola supplier strike for 7th straight day
Roughly 400 workers at the Hi-P International electronics plant in Shanghai continued their protest after negotiations with company officials failed yet again. The protest is the latest in a growing series of labor disputes in China.
Why China can't be Europe's saviour
Phil Inman argues on The Guardian: "China is a one-trick pony. Without the US and Europe to soak up its factory output, it doesn't have a growth plan. Except that isn't quite true. Like Japan in the 1980s and the UK in the decade before the boom, it has a liking for property investment. As a sideline to its enormous manufacturing sector, there is an ever-expanding apartment and office-building craze."
China prepares for injection into vaccine market
China's vaccine manufacturers are gearing up to push international vaccines exports over the next few years, with the move expected to challenge traditional dominance in vaccine production by Western pharmaceutical companies.
Shark-finning banned in Taiwan from 2012!
Wow. If this can happen in Taiwan, what are the chances that it'll happen in China too?
China redefines poverty standard to benefit rural residents
China's central government raised its poverty standard yesterday, to redefine all citizens making 2,300 yuan (362 USD) or less annually as officially poor.
Xinhua: India has an inferiority complex and is jealous of China
Xinhua News Agency columnist Li Hongmei has done it again with yet another eye-popping commentary, entitled "India's undue worry about China results from inferiority complex". Here are a few gems from the article:

