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CONTRADICTIONS BETWEEN HONG KONG RESIDENTS AND MAINLAND RESIDENTS INTENSIFY: HONGKONG MEDIA PUBLISHED A FULL PAGE ADVERTISEMENT TO RAIL AGAINST MAINLAND PREGNANT WOMEN
A Hong Kong newspaper put up a full page advertisement on Feb 1st 2012, aggressively protesting against the influx of mainland pregnant women and insinuating mainland residents as grasshoppers. Some media think this action will intensify the contradictions between Hong Kong residents and mainland residents. Some Hong Kong residents and scholars … [Read More...]
2011 China Financial Market Performance (Full Text)
2011 Financial Market Performance released by the People’s Bank of China on 2011-01-31 shows that the bond market issued 7.8 trillion yuan of denominated bonds in 2011, decreasing by 20.4% year-on-year. Compared with the previous year, the issue volume of government bonds and central bank bills decreased, while the issue volume of policy bank … [Read More...]
China First Published the Detailed Planning of “12th Five-Year Plan” – Aiming to Build Shanghai into an International Financial Center
China first published the detailed planning of building Shanghai into an international financial center from 2011 to 2015. The concerned official from National Development and Reform Commission said on Jan 30th, 2012 that it strived to establish Shanghai as the global product innovation center, trading center, pricing center as well as settlement … [Read More...]
Nestle Will Invest RMB 2.5 Billion to Build Its Largest Milk Supply Base in China
Lingomedium Translation Company : In recent years, Chinese dairy industry has been frequently involved in safety problems, which greatly weakens the consumer enthusiasm and stirs up consumers’ sensitive nerve; at the same time, some oversea enterprises have cast eyes on China and planned to speed up their investment activities so as to seize … [Read More...]
China vs. USA: A New Cold War?
Recently, USA published the new military strategy, abandoning the ‘two-war’ strategy and adopting the ‘one-plus’ strategy. USA will focus the military services on Asia so as to contain the emerging China. In such a strategy, will an inevitable rivalry and a new cold war happen between China and USA? The changes in the global economic … [Read More...]
Dense Fog ‘Hits’ Beijing: Formation of Excessive Air Pollutants
On the early morning of Jan 10th, 2012, Beijing was covered with a thick fog. Affected by the fog, the PM10 real-time concentration of each air quality monitoring site in Beijing rose rapidly; the maximum hour concentration of PM10 reached up to 560 micrograms per cubic meter, resulting in the formation of excessive air pollutants. Due to the … [Read More...]
Arawana Maize Oil Got Involved in Food Safety Scandal
Lingomedium Translation Company : Soon after the exposure of Mengniu milk scandal, Arawana, the big brand of cooking oil in China, has become the focus, because Arawana sold unqualified products, which once again strike the sensitive nerve of the public. It is reported that this batch of unqualified maize oil fails to meet the specified standard … [Read More...]
China’s Trade Surplus Has Narrowed for Three Consecutive Years and China’s Foreign Trade Situation Will Remain Serious in 2012
On Jan 10th, the General Administration of Customs presented China’s im-export situation of 2011. According to the data, the gross value of China’s import & export of 2011 was USD 3,642.06 billion (RMB 22.9 trillion), increasing by 22.5% over the same period last year and the total volume hit a new annual record high. However, the annual … [Read More...]
China Pushes Funds into the Real Economy and Financing Difficulties May Be Alleviated
In recent years, substantial funds were injected into the stock market, the real estate market and some other virtual economies. Last year, financial strain frequently occurred among medium-sized and small enterprises in Wenzhou and other cities; at the same time some bosses absconded. Recently, the government declared to introduce capitals into … [Read More...]
Reorganization of China’s Largest Think Tank – Setting up Three Strategic Research Institutes
Lingomedium Translation Company : The Chinese Academy of Social Sciences has newly set up three strategic research institutes so as to meet the new challenges of global order and enhance the discourse power of Chinese scholars, namely Financial Strategic Research Institute, Asia-Pacific & Global Strategic Research Institute as well as Social … [Read More...]
Featured News
China vs. USA: A New Cold War?
Recently, USA published the new military strategy, abandoning the ‘two-war’ strategy and adopting the ‘one-plus’ strategy. USA will focus the military services on Asia so as to contain the emerging China. In such a strategy, will an inevitable rivalry and a new cold war happen between China and USA? The changes in the global economic… [Continue Reading]
Featured Author
Sam
Sam was born in London, UK and has lived in Shanghai for around 2 years. He graduated top of his class with a degree in Chinese Studies from Sheffield University’s East Asian Studies Department, one of the most respected Asian Studies departments in the UK. He also studied for a year at Nanjing University.
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Sara
Sara was born in Shenyang, Liaoning Province of China. She graduated from Dongbei University of Finance & Economics with the major of business English. Later, she continued to improve the English skill in Shanghai University and has obtained a master degree in 2011.
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Tu Jiabao
Tu Jiabao was born in Chengdu, Sichuan Province of China. He graduated from Sichuan Normal University with diplomatic English. Mr. Tu worked as a translator in a foreign-owned enterprise from 2004-2007. Since 2007, he has been a freelancer. He is familiar with laws, regulations and policies of China. From 2011, Mr. Tu is still the appointed translator of Carbon Emission Reduction Profession al Committee.