NATO’s New Neighbors
Posted by admin / Under China Life Insurance Company
In late February of 2002, the New York Times reported on the creation of the NATO-Russia Council, with officials heralding a new era of cooperation and trust between Putin’s Russia and the alliance of democracies. They were former rivals and future friends, with a period of strategic partnership easing the transition. Yet the tone of the reporting betrayed the presence of tension in the proceedings.The Times headlined the story: “NATO Offers Russia New Relationship, but Without Any Veto.†As if repeating this like a mantra would make it true, the report stated, in the second paragraph, that Russia “will...
Published on Friday 18th of May 2012 03:07:16 AM
Blame Canada (Why did Canada and the EU abandon Chen Guangcheng? (Hint: Pandas ain't free.))
Posted by admin / Under China Life Insurance Company
Why did Canada and the EU abandon Chen Guangcheng? (Hint: Pandas ain't free.)In December 2010, a trio of Western diplomats stationed in China -- one each from Canada, Switzerland, and the European Union -- drove from Beijing to the village of Dongshigu, eight hours away in Shandong province, hoping to visit the detained dissident Chen Guangcheng. No one has spoken publicly about what happened next. They did not mention the excursion itself, and certainly not the rough reception they received from the hands of the guards who prevented them from seeing Chen. But one person with knowledge of the incident...
Published on Friday 18th of May 2012 03:07:16 AM
Chinese boats seized by North Koreans in rare public spat
Posted by admin / Under China Life Insurance Company
North Korean officials have demanded payment before they will release Chinese fishing boats with a total of 29 men on board, Chinese media reported on Thursday, in a rare public spat between the neighbors and longtime allies. The Chinese owners of the boats said they were seized by a North Korean gunboat on May 8 in the Yellow Sea, between China and North Korea, the Beijing News reported. The owners said the vessels were fishing in Chinese waters. North Korea has not made any public comment on the case. The North Koreans holding the boats and sailors demanded payment of...
Published on Friday 18th of May 2012 03:07:16 AM
Foreign holdings of US debt hit record high; China ups holds for third time
Posted by admin / Under China Life Insurance Company
WASHINGTON — Foreign demand for U.S. Treasury securities rose to a record high in March. China, the largest buyer of Treasury debt, increased its holdings for a third straight month. Total foreign holdings rose 0.3 percent to a $5.12 trillion, marking the eighth consecutive monthly increase, the Treasury Department reported Tuesday. U.S. government debt is considered one of the safest investments. Demand has increased as investors worry about the uncertainty surrounding Europe’s debt crisis. China boosted its holdings 1.3 percent to $1.17 trillion, its third straight increase. China had trimmed its holdings for five straight months before the January increase....
Published on Friday 18th of May 2012 03:07:16 AM
Beijing Pledges to ‘Clean Out’ Illegal Foreigners [120,000 Foreigners!]
Posted by admin / Under China Life Insurance Company
May 15, 2012 Beijing Pledges to ‘Clean Out’ Illegal Foreigners Beijing has launched a 100-day campaign to “clean out” foreigners living or working illegally in the city amid a fervent online debate over the behavior, both good and bad, of outsiders inChina. The campaign, which kicked off on Tuesday and will run through the end of August, was announced in state media as well as on Peaceful Beijing, the official Beijing Public Security Bureau account on popular Twitter-like microblogging site Sina Weibo. A screenshot shows the announcement of a 100-day illegal foreigner “clean up” campaign posted to the official account...
Published on Friday 18th of May 2012 03:07:16 AM
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