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05/20/2013

China trying to manage exposure of corruption online

China’s Internet is brimming with disclosures of officials collecting bribes, homes and luxury accessories as casually as they do mistresses. But while the government tolerates such anti-corruption vigilantism, it is also extremely leery of the threat the Internet can pose to Communist Party rule. The Internet is the new tool in the fight against corruption [...]

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05/20/2013

China offers India a ‘handshake across the Himalayas’

India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas. The number two in the Chinese leadership offered New Delhi a [...]

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05/20/2013

On China’s Border, Underground Banking Flourishes

In an underground mall just a stone’s throw from the Chinese border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy, trade with mainland Chinese visitors, many of them bound for the gambling hub. “Good rates. Better than the banks,” shout salesmen jostling to usher clients into [...]

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05/17/2013

China Cuts Red Tape as Premier Li Shows Stimulus Reluctance

Some Chinese investment projects, including those for airports, paper pulp factories and gas fields, will no longer need pre-approval from the nation’s economic planning agency. In all, 117 “approval items” can go ahead without authorization or be approved by local governments, according to a list published by the State Council on May 15. Premier Li [...]

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05/17/2013

China’s State Grid in Deal for Australia Power Assets

State Grid Corp. of China, the world’s biggest utility by revenue, is seeking to buy power assets worth billions of dollars in Australia. In an acquisition bound to face close regulatory scrutiny in Australia, the state-owned utility said Friday it had reached an agreement with Singapore Power Ltd. to purchase listed and unlisted assets that [...]

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05/17/2013

Cultural Attitudes Impede Organ Donations in China

China is phasing out its reliance on executed prisoners for donated organs, but an architect of the country’s transplant system said Friday that ingrained cultural attitudes are impeding the rise of donations among the general population. Almost all donated organs in China used to come from executed prisoners. A growing proportion now come from ordinary [...]

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