The Editors suggest checking out the following links:
Thinkchina: Concept of 旅住� (Travel & Live) – “旅住 is when someone moves to an international city/town for 6 months or a year to immerse in the culture … Apparently this has become a trend for newly wealthy Chinese in their 20’s and 30’s”
Flypig: Vint Cerf on “Web 2.0” [Anonymoused] – “Yesterday, I met Vinton G. Cerf at Google Beijing office”…”
Washingtonpost.com: The Misery of China’s Mines – “As Anger Flares Over Latest Disaster, Workers and Families Feel Powerless”
Economist: Asia’s skills shortage – “The skills shortage comes in two forms: higher staff turnover and rising wage costs.”
NYT: Choking on Growth – China’s Environmental Crisis – A long piece on China’s environmental problems and the impact these could have on politics and society
A Glimpse of the World: A Chinese Century? Maybe It’s the Next One – MIT economics and management professor Lester Thurow argues that China’s economy can’t possibly be growing at 10+% per year, judging by its electricity use figures. From the New York Times, via Howard French’s “A Glimpse of the World” site.
AP: Bollywood movie to shoot in China – “”Made in China” features Akshay Kumar as Sidhu, a Mumbai cook who is mistaken as a kung fu hero”
FT: The next big China effect – The ‘China price’ will no longer be the cheapest world price for a commodity. It will be the hefty premium paid for assets in which private China has invested. Do not think about the Shanghai stock exchange as an anomaly. Think about it as the future.
FT/Lex: Chinese recalls – “items directly affected by recalls stands at $700m. That is less than 0.1 per cent of last year’s exports … Toys, the main segment affected, accounts for a mere 1-2 per cent of China’s exports”