|
From the Web
Danwei Picks: Government agencies play the blame gamePosted by Joel Martinsen, February 21, 2008 5:07 PM
Danwei Picks is a daily digest of the "From the Web" links found on the Danwei homepage. A feed for the links as they are posted throughout the day is available at Feedsky (in China) or Feedburner (outside China). Ministry fights back over 'rail chaos' slur: Government agencies slug it out over the Spring Festival transportation chaos. From the China Daily: The Ministry of Railways on Tuesday responded to criticism from Guo Xiling, a member of the Guangzhou committee of the Chinese People's Political Consultative Conference, over the improper handling of railways during the snow disaster that hit southern China last month. More on China Media Project.
Executives at China Mobile must be feeling pretty lousy at this point. The iPhone is a hit, and they had nothing to do with it. And for a company that is convinced its competitive advantage has something to do with its role as gatekeeper, we now have evidence to suggest that they don’t control anything. See also: A Modern Lei Feng responds.
Alcohol producers in Henan province have retained a lawyer to appeal a controversial government document that bans officials from drinking alcohol at lunch during work days.
Bain Capital and its minority Chinese partner, Huawei Technologies, have shelved their $2.2bn deal to acquire 3Com, a US computer networking company, saying a key Washington committee charged with vetting foreign investments in sensitive sectors had told Bain it would not approve the purchase.
Ye Youzhong, CEO of Kaixin Investments, said that online game companies had recently overvalued themselves by over tenfold, making investments in them unprofitable when considering that the current price-to-earnings ratio of listed Chinese gaming companies is around 30. He said that if bought for a price of 12-15 times their real value, it would take a full three years--including the market listing process--before the investing company saw any profit. Moreover, he added, a lot of these companies had no chance to be listed in the first place.
There are currently 0 Comments for Danwei Picks: Government agencies play the blame game.
|
Partner Links
Jobs in China
Recent Comments
affordabe on
Blogspot unblocked, but Blogger is blocked
Adam J. Sc on
Snow in Beijing
Peter Kauf on
Bound feet in China
China Media Timeline
Major media events over the last three decades
Danwei Model Workers
![]() Recommended blogs and new media
Books on China
Xujun Eberlein's Apologies Forthcoming: Hong Kong's Blacksmith Books has published a short story collection by Xujun Eberlein.
Princess Der Ling: Two Years in the Forbidden City: Two years in the Forbidden City is largely a reminiscence of the minutiae of life for one of history's most powerful women, by one of her court attendants, a Manchu noble's daughter by the name of Der Ling.
Carl Crow's The Long Road Back to China: In 1939 Carl Crow - an American journalist, advertising executive and author who had lived in Shanghai for 25 years until forced out by the Japanese - travelled up the Burma Road from Rangoon to Chongqing on assignment for Liberty magazine - 'the most interesting assignment I have ever been given'.
Front Page of the Day
A different newspaper every weekday
From the Vault
Classic Danwei posts
+ The 'national' in National Day (2006.10): Xiao Feng writes about China's national flavor, national curse, national bird, national car, and so forth, Dongfang Yu writes on the true meaning of China's National Day in the age of angry youth. + Don't ask so laowai don't have to tell (2008.07): An essay was written by Geremie Barmé, scholar, filmmaker and author of the new book The Forbidden City. + 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.
Danwei Archives
Danwei Feeds
Via Feedsky
or Feedburner |




