"Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China."
James Fallows on how the trade deficit between China and America works and what it means for the future.
posted by afu
on Sep 30, 2008 -
41 comments
As Beijing prepares for the Olympics next year it is trying to clean up some of the shadier sides of the city. Apparently, one way of doing this is going to the popular bar street,
Sanlitun, and
arresting and beating all the men who appear to be of African decent, even if one happens to be the
son of a diplomat.
posted by afu
on Oct 4, 2007 -
40 comments
Chinese Christians in
House Churches throughout the country have heard "a call from God for the Chinese Church to preach the Gospel and establish fellowships of believers in all the countries, cities, towns, and ethnic groups between China and Jerusalem. This vision is no small task, for within those nations lay the three largest spiritual strongholds in the world today that have yet to be conquered by the Gospel: the giants of Islam, Buddhism, and Hinduism." They call this movement
Back to Jerusalem.
posted by afu
on Mar 20, 2007 -
79 comments
Every weekly meeting causes me to feel ashamed. I listen to people lie. I listen to people lie shamelessly and authoritatively. And you cannot refute them. You cannot stand up and say, "You are lying. What are you lying?"
Tolerating lies is regarded as wisdom. Those who are anxious to speak the truth are regarded as being victims of too much hormone. People make fun of themselves this way, and then wisely say: "Those naive actions will only bring even worse consequences. Be mature, be rational, be practical. Research more issues and talk less about theories."
This was written by an employee at
The Beijing News after three of it's head editors were
fired from their positions last week. The paper, one of the most progressive newspapers in China, was taken over by editors from
The Guangming Daily, a paper directly controlled by
"The Ministry of Publicity". Via
Eastwestnorthsouth who translated the original blog post as well as
this one written by another member of the staff at
The Beijing News.
posted by afu
on Jan 2, 2006 -
22 comments
