Beijing is now having more (US$) billionaires than New York, says Hurun rich list founder Rupert Hoogewerf in his latest report, according to AP, despite the fierce drop in stock prices of the last six months. “People will look at China the same way that people looked at Stanford or Silicon Valley in the 1990s.”Read More →

The governor of China´s central bank, the People´s Bank of China, Zhou Xiaochuan tried to ease the expected turmoil on the financial markets ahead of their opening after Lunar New Year. Zhou tries to save the few reforms he was able to achieve, says financial expert Victor Shih to Bloomberg.Read More →

Author Zhang Lijia will visit London for most of the month February She is currently finishing her novel about prostitution in China, and a frequent commentators on social affairs in China. Your can read some of her stories here.Read More →

Twice last week China´s stock markets were forced to stop trading, sending panic signals across the globe. That drove even economist Arthur Kroeber to despair, writes the Washington Post. China´s financial authorities did not learn their lessons from last year´s disaster, he writes.Read More →

Despite recent crackdowns on feminists and human rights activists, China´s judicial systems is slowly but surely moving into a more independent force in China´s bureaucracy, says Judge Jiang Huiling of the Supreme Court in an interview with journalist Ian Johnson for the New York Times. Courts get more autonomy, be it limited.Read More →

Beijing underwent for the first time a code red for pollution: officially the worst air quality ever. But the air had been worse before, even a week earlier. Beijing-based journalist Ian Johnson sees a silver lining on the code red: the people and the politicians start to see things have to change, he writes in the New York Review of Books. And that is good new for the Paris talks.Read More →

Compared to his predecessor Hu Jintao, China seems on the move under president Xi Jinping. But is he really. Journalist Ian Johnson wonders in the New York Review of Books after three years of Xi rule whether under the cosmetic moves, so much is changing.Read More →