The Year of China in Russia got off to a top-level handshaking start in Moscow this week, ensuring that whatever else might go amiss, visiting Chinese President Hu Jintao would have something to smile about, for the TV stations back home at least. But after three days of political pledges and promises with President Vladimir Putin and other Russian leaders, the Chinese president has returned home without any progress on the one issue that hexes Beijing now — energy security. China cannot maintain its racing economic growth of over 10 percent a year without scouring the world to vacuum up […]
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HONG KONG — Hong Kong ‘s elections are shaping up with all the pomp and ceremony of a Canto-pop star singing numbers from a Looney Tunes cartoon. And the result is about as forgone as Bugs Bunny surviving a bullet from Elmer Fudd. However, this territory’s third attempt at delivering some kind of democracy since the British packed their bags and left almost a decade ago is drawing in a cast of characters that Warner Bros. would be proud of and breathing some much needed fresh air into a poll described by many as rigged. In one corner sits current […]
CHIANG KHONG, Thailand — In the sleepy village of Chiang Khong on the muddy-brown banks of the mighty Mekong river, the young men are excited by talk of a bridge to link Thailand with Laos on the other side. The older population of mostly farmers and small traders are less enthused; they have heard it before. But this time, a bridge to open up a forgotten corner of empty, jungle-covered hills on the edge of the Golden Triangle — notorious in faraway countries for its opium-producing poppy cultivation — might really happen. China has agreed to pay half the $33.2 […]
Impressively big smallness. That’s how Honda describes its new Honda Fit model, a “bite-sized wonder” the company is pushing to a U.S. car market suddenly hungry for fuel efficiency. The Fit is indeed a snazzy car, and features a customizable back seat that allows owners to alter the vehicle’s interior configuration on a whim. The most interesting aspect of the Fit, however, may be its nationality. Despite the Honda nametag, the Fit is half-Chinese. It is the product of a joint venture between Honda and China’s state-owned DongFeng Motors, and is also being marketed in Europe as the Honda Jazz. […]
The main debate at this year’s National People’s Congress in Beijing centered on the balance between socialism and capitalism, what Premier Wen Jiabao called the “two unswervinglies.” The communist country’s first private property law, a new tax code for businesses, and increased social spending for rural regions were debated contentiously in the Great Hall of the People — at least by the standards of China’s highest legislative body — as well as in the state-controlled press. Less controversial amongst the 3,000 delegates and Chinese press was a significant increase in military spending. However, this announcement caused the greatest anxiety outside […]