Bonds from 15 local government agencies worth US$ 2.5 billions to finance the Beijing Olympics are due, and financial and political analyst Victor Shih tells Bloomberg that is reason enough to keep a close eye on how China is going to pay back its debts.Read More →

Renowned author Paul French will publish his crime classic “Midnight in Beijing” August 29, about the seedy underbelly of Beijing in the 1930s. After bestsellers like “Fat China: How Expanding Waistlines are Changing a Nation” and on foreign correspondents in China, now French hits the suspense writing, taking us back to a murder scene in the Beijing of 1937Read More →

China’s second largest video sharing firm Tudou launched last week successfully at Nasdaq, and business analyst Shaun Rein discovered they want “buy things”. Wrong, he argues in CNBC: Tudou should focus on its sustainability and become profitable. Read More →

Taiwan is gearing up to sink China’s new aircraft carrier Varyag in case of war, with its new “aircraft carrier killer” missile, the ramjet-powered supersonic anti-ship cruise missile Hsiung Feng 3, it announced on August 10, writes defense specialist Wendell Minnick in Defense News. Read More →