China's Modern Economy 中国现代经济 meets TuTh 11:45-1:15 Huntley 230
Xiong Shuihua, a multimillionaire who is 54 years of age, has recently decided to put his money back where he believes it is needed most – his home village of Xiongkeng in southern China. A mogul in the construction and steel trades, Xiong is now improving the lives of people who are in the shoes… Continue reading Multimillionaire Gives Back to His Roots
According to the Civil Ministry of Affairs, 4.46 million out of the 9.77 million Chinese people who passed away during the 2014 were cremated instead of traditionally buried. “The world’s most populous nation is promoting eco-friendly burial and funeral practices ahead of the traditional Qingming holiday, when Chinese pay respect to deceased family members.” It… Continue reading Chinese Cremation Craze
Biomed Central, a leading UK-based medical journal, has recently retracted 43 published articles after discovering that they were deem falsified. The authors, all Chinese doctors, completely compromised the integrity of the process of publishing scientific articles. The articles were deemed “fake” because the doctors were using the services of agents for the “selling pre-written manuscripts… Continue reading Massive Med Journal Retraction Caused by Chinese Doctors
On April 1, central authorities of China introduced new plans for advancements in rural education, among other hot topics such as public hospital improvement. The meeting on Wednesday was the 11th of a series of meetings of the central leading group to intensify reform in China. President Xi Jinping called to the authorities to “show… Continue reading China Unrolls Plans to Reform Rural Education
The European Union and China are currently proposing a joint project to explore the “Dark Ages” of the Universe, aimed to launch 2021. The proposed mission is called Discovering the Sky at the Longest Wavelengths, or DSL, and it involves a series of satellites around the moon to essentially look back into time, before the… Continue reading Out of This World: China and the EU Propose Joint Space Missions
Recent figures realized by the Stockholm International Peace Research Institute show a major spike in the sale of Chinese weapons. China’s arms exports have risen 143% over the course of five years, surpassing Germany as the world’s third-largest arms dealer. The nation’s contribution to the global arms market grew from 3% in 2004-2009 to 5%… Continue reading China Now World’s Third-Largest Arms Supplier
The Obama Administration has voiced its unease with China’s development of the new cyber antiterrorism regulations. As I explained in my previous blog post, China claims that their updated policy on foreign technology companies will protect national security – especially in light of the recent actions revelations of a certain Mr. Edward Snowden. [The Prof:… Continue reading Follow Up: Obama’s Critique of China’s New Tech Regulations
New, controversial Chinese regulations have arisen as the tech war continues between China and Silicon Valley. Chinese suspicions of online espionage have been the main driver in supporting heavier regulations of foreign tech companies. The new rules, which will be set forth in a few weeks’ time, will require American firms to “submit to invasive… Continue reading The American-Chinese Tech War Continues
Amid the recent insurgence of Uber, partnered with Baidu Inc., China’s two taxi-hailing applications for mobile phones are considering a merger. For Chinese companies, the two players are Kuaidi Dache, backed by Alibaba Group Holding Ltd., and Didi Dache, backed by Tencent Holdings Ltd. Both of these Internet giants believe that merging would end their… Continue reading No Free Rides: Potential Merger May Give Uber a Run for its Money
A Purchasing Managers Index is an economic indicator generated monthly from surveys of private sector companies. A country’s PMI calculated by creating a weighted-average of the percentage of answers reporting improvements, no change, and deterioration. Panels reporting improvement for 100% of the questions asked would thus have PMIs of 100, and those reporting 100% deterioration… Continue reading China’s manufacturing PMI continues to indicate economic contraction