25th November 09

The New York Times

Wishful Thinking About American Jobs

So this will mean millions of American export jobs, right? No. China’s capital spending is on the way to exceeding that of the U.S., but its consumer spending is barely a sixth as large. Chinese companies are plowing their rising profits back into more productive capacity — additional factories, more equipment, new technologies.

Op-Ed Contributor
Obama Loses a Round
By YING CHAN

While the jury is still out on what President Obama’s China visit has achieved for the long term, the president has most decidedly lost the war of symbolism in his first close encounter with China.

Two Are Executed for Roles in China Milk Scandal

BEIJING — China executed two milk producers on Tuesday for selling more than three million pounds of contaminated milk powder in connection with a food-safety scandal that killed six infants, shocking the country last year.

Asia Times Online

In China, an easy route to academic glory
By Stephen Wong

SHANGHAI - Often overlooked in the "miracle" of China's rapid economic development over the past three decades is the "miracle" in the massive number of PhD graduates it now produces.

Rusal's crossroads - Russia, Libya or China
By John Helmer

MOSCOW - Confucius says, why buy a treasure from a man if you can wait for him to lose it?