Results tagged “corrections”

I don’t want to dwell too much on the letter’s consequences; there are people far more qualified to do that, and they will. For now, I’d just like to point out that - in a small way - the letter serves as a near total and complete repudiation of the rhetoric and methods of the Cardinal Kung Foundation. For those who aren’t familiar with it, the Kung Foundation is an American non-profit whose stated goal is support of China’s underground Catholics; in reality, the foundation and its leader Joseph Kung have spent the better part of the last two decades agitating for more division among China’s Catholics (a stance which the Pope’s letter implicitly recognizes as contrary to his and the late John Paul II’s intentions). I outline some of this in my recent profile of Jin Luxian in the July/August issue of the Atlantic.

We're sure that you're all sick and tired of hearing about the Chinese stock market, but since we're struggling bloggers, we get vicarious thrills by talking about things that people with money do. Stocks in China took a slight tumble on Friday, amid more concerns that stock capital gains taxes were in the works. Everyone is still debating whether or not the stock market is a bubble or not, but some analysts say that whatever market corrections come won't have a hugely deleterious effect on the economy either in China or abroad.

After an enthusiastic e-mail circulated its way through some expatriate distribution lists last week touting the precision of an ostensibly upgraded Google Translate tool, the verdict from at least one blog is in: meh. According to China Herald: