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05/11/2012

Beijing Endorses Manila’s Move to Resume Contact

Beijing has endorsed Manila's decision to resume diplomatic contact with the Chinese embassy in Manila, the Foreign Ministry said on Thursday. The monthlong island impasse, which began on April 10 when a Philippine warship entered China's territorial waters at Huangyan Island and harassed Chinese fishermen, has seen a series of provocations from Manila that have [...]

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05/11/2012

Chinese, Russian FMs Pledge Joint Efforts for Political Solution to Syrian Issue

BEIJING, May 10 (Xinhua) — China and Russia on Thursday pledged to make joint efforts to seek a political solution to the ongoing Syrian issue as the two countries' foreign ministers held talks in Beijing. During a news conference after their talks, Chinese Foreign Minister Yang Jiechi and his Russian counterpart Sergei Lavrov reiterated the [...]

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05/11/2012

China Waits for ‘Suitable Time’ to Liberalize Rates

CHINA is on a slow, careful path to deregulate interest rates. Some analysts say that process should be accelerated now as the nation's economy is slowing. But that raises questions anew about whether domestic banks are ready to be thrown to the wolves of market forces. People's Bank of China Governor Zhou Xiaochuan said in [...]

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05/11/2012

Closer Look: The Truth about Drinking Water

Two months ago, I set out to take up the long-overdue task of answering hard questions on drinking water quality. We encountered numerous obstacles while reporting on this subject. Currently, there are no official statistics that tell us how much drinking water is polluted and how much is considered safe. During interviews, we found that [...]

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05/11/2012

Wanfeng a Positive Sign for Grass-roots Democracy

All seven members of the Party committee of Wanfeng in Shenzhen, Guangdong Province, were dismissed Wednesday, following recall elections. China watchers and media are comparing it with a similar case that took place last year in Wukan, Guangdong Province, when local villagers held anti-corruption protests against officials who sold their land to real estate developers [...]

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