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The Editors’ Journal

CER links: One child policy and crime, why does inflation matter?

Monday, July 14th, 2008

What we’ve been reading recently:

New Republic: No Country for Young Men - Mara Hvistendahl writes in The New Republic on what the one-child policy may mean for crime rates in China as a generation of frustrated men grows up. | newrepublic onechildpolicy

The New Yorker - The Financial Page: Let the Bad Times Roll - Surowiecki says a recession is the best time to start a magazine, historically speaking. Starts with an interesting anecdote about BusinessWeek’s founding, six weeks before the crash of 1929 | magazine media publishing

Economist: Inflation roundtable: Why do we care? - Just a matter of shoeleather and menu costs? Not quite, says this blog post. A commenter says: “The role of the central bank is to act as the communal memory, to recall the pain of inflation when all around have forgotten, or have never known.” | china economics inflation

Economist: In the stocks - China’s securities exchanges have gained influence although their actual regulatory powers remain weak. A rebuke from them could send a stock’s prices sliding, according to a new Columbia University study | CSRC china corruption securities stocks

Economist: Policing the frontiers of finance - A Peterson Institute study says opening a developing economy to foreign capital flows does more harm than good; China’s case is used to show some interesting counter-examples and problems | capital china economics

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CER links: Youku, China and the G-8

Friday, July 11th, 2008

What we’ve been reading recently:

WSJ China Journal: Youku to be Licensed and Legit - “Youku.com expects to announce today that it has received a long-awaited online video license from China?s State Administration of Radio, Film and Television.” | Youku china internet media sarft technology video

World Politics Review | Why Russia is a G-8 Member but China is Not - A look into how Russia became a member of the then G-7, and why even if invited China might be reluctant to join | China G8 Russia politics

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CER links: The locusts are coming; journalist’s guide to China

Thursday, July 3rd, 2008

What we’ve been reading recently:

Los Angeles Times: Add locusts to China’s list of calamities - Locusts descend on Inner Mongolia. Includes an interesting note about the government’s simultaneous use and criticism of superstition (h/t Imagethief [imagethief.com]) | disaster earthquake flood locust snowstorm tibet

Foreign Correspondents Club of China: TRYING TO COMMIT JOURNALISM IN CHINA - The Guardian’s Jonathan Watts on detentions and other run-ins with the authorities in this multi-part guide for foreign journalists reporting in China | china journalism media

NYTimes: An Expert Reveals Chinese Origins of Interrogation Techniques at Guantanamo - | guantanamo interrogation torture

Shanghai Daily: Coal exports cut - A top official at a state-owned coal distribution association says he thinks further coal export tightening will be implemented in the second half | china coal commodities exports

Thomas Crampton: Leo Horn: China developed by luck, not planning - “Pragmatism, adaptive management and clever exploitation of luck define China?s road to success rather than strict adherence to an ideologically-correct ?model? of development.” | china democracy development economics model politics

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CER links: Jim Rogers on A-shares, underground Catholic church

Monday, June 30th, 2008

What we’ve been reading recently:

Shanghai Daily: Rogers says not to give up on Chinese shares - Jim Rogers sasy “There is “much money to be made” from investments in Chinese stocks, he said.” | JimRogers china shares

AP: Is everything spinning out of control? - Overwhelming pessimism from the AP | US history housing markets pessimism politics

Danwei: Catholics in China in 1981 - Great postscript to the original piece about underground Catholics in China in 1981. Ends on a rather ominous note, though. | china politics religion social

FinanceAsia: Stanley Ho Pushes Ahead with Macao Gaming IPO - Stanley Ho’s company is all clear for an IPO of up to US$654 million | StanleyHo casino china gaming macau

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CER links: Latest central bank survey numbers

Friday, June 27th, 2008

What we’ve been reading recently:

Shanghai Daily: Bank accounts hit record 2.2 billion - “[Per capita bank accounts] stood at 7.03 in Beijing, 6.02 in Shenzhen, 5.71 in Shanghai and 3.45 in Tianjin.” | banking china shares

Shanghai Daily: Shares fall from favor with investors: PBOC - “About 16.8 percent of 19,600 respondents surveyed said they favored buying stocks and funds, down 10.8 percent since last quarter, the bank said on its Website yesterday, quoting a survey of 49 cities in late May.” | china shares

Shanghai Daily: Nation generates solar-power guidelines - “China has promulgated 15 national standards for the solar water-heating sector, with another six under development, but there is no related standard yet for solar-power generation, Li said” | china cleantech solar

SCMP: Tight monetary policy overdone, say majority of mainland bankers - “Mainland bankers are feeling the pain of the nation’s increasingly tight monetary policy, with 66.1 per cent claiming Beijing has gone too far in restricting credit.” | china inflation macroeconomics

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CER links: Vietnam-China, A-share resource

Thursday, June 26th, 2008

What we’ve been reading recently:

AsianInvestor.net: Goldman Sachs goes alternative on research - “If these services are so great, why use Goldman?s own research? Conigliaro: These tools and research content available on Hudson Street Services are separate from but complementary to Goldman Sachs’ fundamental research product.” | asia goldman macroeconomics

Economic Observer: Vietnam’s Economic Malaise and Lessons for China, Part I - Great piece from EO. Interesting to note that Chinese-language media like them also use English-language sources when reporting abroad. | china inflation vietnam

Economic Observer: Oil Giants Behind Ten-day About-face in Fuel Prices - Nice bit of reporting from anonymous insiders about the decision-making prcess behind the recent fuel price hike. Petrochina and Sinopec basically begged very very hard. | china energy fuel inflation oil petrochina sinopec

Economist: The power and the glory - Comprehensive overview of the contenders in the alternative energy realm | economics energy environment oil

Chinesestock.org - Handy list of A-shares with PDF annual reports and charts | Stocks exchange markets securities shanghai stock

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CER links: Focus Media tanks, New Yorker on Beijing architecture

Tuesday, June 24th, 2008

What we’ve been reading recently:

Shanghai Daily: CSRC calls for better supervision of listed firms - “CHINA will improve the supervision of listed companies to fight against misdeeds such as information disclosure, insider trading and fund misappropriation, said Fan Fuchun, vice chairman of the China Securities Regulatory Commission.” | china shares

WSJ: China rainmaker tests private equity - “CHINA DEALMAKER Wilson Feng left Merrill Lynch & Co. earlier this year. Now we know why: the lure of China’s private-equity scene.” | china privateequity

WSJ: Whither Beijing’s Golden Touch? - “But the hoped-for support hasn’t come, and some analysts argue that the government’s ability to rejuvenate stocks is dwindling.” | China shanghai shares

Reuters: China Pulls Rug From Under Flying Carpet Drug Smugglers - Xinjiang customs officials found heroin smuggled in from Afghanistan and Pakistan hidden inside synthetic fibers woven into imported carpets. | Xinjiang customs drugs heroin

Focus Media: Short Squeeze Developing? - Once a market darling, now not so popular | China Focus media

New Yorker: Forbidden Cities: The Sky Line - The New Yorker’s Paul Goldberger has written a piece on architecture new and old in Beijing. | Beijing architecture newyorker

ESWN: How Do You Ban a Banned TV Program? - Roland Soong at ESWN comments gives an amusing take on a patriotic online campaign to ban a Taiwanese show that is technically already banned. | ESWN Taiwan internet

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CER links: Microsoft in for anti-monopoly probe?

Friday, June 20th, 2008

What we’ve been reading recently:

China Law Blog: China Investigating Microsoft For Antitrust Violations. We Don’t Think So - | aniti-monopoly microsoft

Vanity Fair: How the Web Was Won - The internet’s history, told in a novel way. For business, tech and history buffs. | internet technology

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CER links: SAFE goes abroad, “Chocolate City’

Wednesday, June 18th, 2008

What we’ve been reading recently:

Telegraph: RBS issues global stock and credit crash alert - “The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.” | bear crash credit shares

WSJ: China Stifles Parents’ Complaints About Collapsed Schools - Local officials in town of Xiager prevent parents from traveling to see more senior officials to file complaints about collapsed schools | china earthquake schools

FT: China-US energy efforts would be win-win - Vice Premier Wang Qishan on US-China energy cooperation | US WangQishan business china economy energy politics

RGE Monitor: hould SAFE be considered a SWF? - SAFE is investing more aggressively abroad - and it could have a far bigger warchest than CIC | CIC China SAFE SWF privateequity

BusinessWeek: Inside the War Against China’s Blogs - | PR blogs technology

Southern Metropolis: ‘Chocolate City’ - Africans seek their dreams in China - Translation of a really interesting story about African traders in Guangzhou. Lots of great insights here, both into the traders’ lives, and Chinese perceptions of them. | Africa china

Economist.com: Question marks - We are introduced to Joseph Needham, a Cambridge don who made it his life’s work to figure out why scientific innovation dried up in China after a fantastic head-start | China innovation science

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CER links: Jonathan Spence lectures, Time Out impounded

Friday, June 13th, 2008

What we’ve been reading recently:

Times: Time Out magazine banned by China’s censors in run up to Olympics - Time Out Beijing is impounded “while officials look at licensing issues.” Coincidentally, the Beijing Olympics are starting soon | beijing china media olympics timeout

Guardian: IOC stiffens its upper lip as Chinese authorities tighten their grip - IOC prepares for possible PR trouble in Beijing | IOC PR beijing china olympics

BBC: Reith Lectures 2008: Chinese Vistas - Transcript of the first in the BBC’s 2008 Reith Lectures, given by Professor Jonathan Spence: Confucian Ways | bbc china confucius reith spence

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