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Danwei Noon Report
Karaoke fees and interest ratesPosted by Jeremy Goldkorn on Tuesday, August 22, 2006 at 11:59 AM
Danwei Noon Report is a daily roundup of new and old media coverage about China from Chinese and English sources. Interest rate hikeXinhua's top story on their Chinese website is an opinion piece titled Can interest rate hikes restrain government spending? (link). The article is supportive of the interest rate increases as a means of reigning in an economy that everyone seems to think is a little too hot. The Financial Times on Friday published an article by Richard McGregor about the rate hike: China raises rates to tackle credit boom (link).
When you are Will Smith, there are few places you can’t get in. Last year, one of those places was China.
Later that year [2004], Amazon bought Dangdang's Chinese competitor Joyo for about $75 million. Today, Dangdang and Joyo are by some accounts neck and neck, but Dangdang is edging ahead. Reliable market-share data are hard to come by, since none of the major companies are publicly traded. Shanghai iResearch Co., another Chinese market-research company, estimates Dangdang sold about $55.2 million of goods on its site last year, slightly less than the $56.4 million sold by Joyo. IResearch also estimates that Dangdang's sales nearly tripled last year, compared with 50% for Joyo. Dangdang "has the momentum to become the dominant player in the market," says Mr. Yu of Analysys.
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The Eurasian Face : Blacksmith Books, a publishing house in Hong Kong, is behind The Eurasian Face, a collection of photographs by Kirsteen Zimmern. Below is an excerpt from the series:
Big in China: An adapted excerpt from Big In China: My Unlikely Adventures Raising A Family, Playing The Blues and Becoming A Star in China, just published this month. Author Alan Paul tells the story of arriving in Beijing as a trailing spouse, starting a blues band, raising kids and trying to make sense of China.
Pallavi Aiyar's Chinese Whiskers: Pallavi Aiyar's first novel, Chinese Whiskers, a modern fable set in contemporary Beijing, will be published in January 2011. Aiyar currently lives in Brussels where she writes about Europe for the Business Standard. Below she gives permissions for an excerpt.
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+ Korean history doesn't fly on Chinese TV screens (2007.09): SARFT puts the kibbosh on Korean historical dramas. + Religion and government in an uneasy mix (2008.03): Phoenix Weekly (凤凰周刊) article from October, 2007, on government influence on religious practice in Tibet. + David Moser on Mao impersonators (2004.10): I first became aware of this phenomenon in 1992 when I turned on a Beijing TV variety show and was jolted by the sight of "Mao Zedong" and "Zhou Enlai" playing a game of ping pong. They both gave short, rousing speeches, and then were reverently interviewed by the emcee, who thanked them profusely for taking time off from their governmental duties to appear on the show.
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