Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Wednesday, 6 June 2007

Did 1.5 Million Get Evicted Over Olympic Games in China?

AP - Group: China Olympics Evict 1.5 Million

Some 1.5 million Chinese have been forced from their homes during preparations for the 2008 Beijing Olympic Games, a rights group said Tuesday.

China rejected the figures from the Geneva-based Center on Housing Rights and Evictions as "groundless'' and said some 6,000 families had been compensated and properly resettled.

Failed Censorship

Reuters - Young clerk let Tiananmen ad slip past censors: paper

A young clerk with no knowledge of the 1989 Tiananmen Square crackdown allowed a tribute to victims slip into the classified ads page of a newspaper in southwest China, a Hong Kong daily reported on Wednesday.

The tiny ad in the lower right corner of page 14 of the Chengdu Evening News on Monday night, read: "Paying tribute to the strong(-willed) mothers of June 4 victims".

An investigation was launched by Chinese authorities to find out how the advertisement slipped its way past censors.

Public discussion of the massacre is still taboo in Beijing and the government has rejected calls to overturn the verdict that the student-led demonstrations were "counter-revolutionary", or subversive. Hundreds, perhaps thousands, were killed when the army crushed the pro-democracy protests on June 4, 1989.

Hong Kong's South China Morning Post said a young woman on the Chengdu Evening News classified section had allowed the ad to be published because she'd never heard of the June 4 crackdown.

A man gave the advertisement to the clerk, who had recently graduated and worked for an advertising company responsible for receiving content for the ads section, the Post reported.

"She called the man back two days later to check what June 4 meant and the man said it was (a date on which) a mining disaster took place," the Post quoted a source at the paper as saying.

"This highlights (the fact) that the government needs to face up to history," the paper quoted the source as saying.

References to the massacre are barred in state media, the Internet and printed works, meaning many of China's younger generation are ignorant of the events.

Monday, 4 June 2007

Stocks in China Drop

Reuters - China shares tumble as panic spreads

China stocks tumbled 8.3 percent on Monday in their second biggest drop this decade, erasing $340 billion in market value and extending big losses from last week after the government hiked the share trading tax to cool a feverish bull run.

Saturday, 21 April 2007

Yahoo Accused of Collaboration in Arrest of Rights Activists

AsiaNews.it - Human rights activists denounce Yahoo! for collaboration in the arrest of Chinese dissidents

A group which campaigns for human rights in China has reported Yahoo! and its Chinese affiliates to American authorities, alleging they help communist authorities to uncover and arrest journalists and rights activists who use the Web to publish pro-democracy articles. Now they are asking for damages and the companies commitment to actively secure the release of any detainees they helped arrest.

Yahoo rivals Microsoft Corp. and Google Inc. also have been accused of helping the Chinese government crush dissent in return for access to booming Internet markets. Google has offered a censored version of its popular search engine, while Microsoft shut down, at Beijing's request, a popular Chinese blog that touches on “sensitive” topics such as press freedoms.

Wednesday, 28 March 2007

China Shifts to Euros for Iran Oil

Reuters - China shifts to euros for Iran oil

China's state-run Zhuhai Zhenrong Corp, the biggest buyer of Iranian crude worldwide, began paying for its oil in euros late last year as Tehran moves to diversify its foreign reserves away from U.S. dollars.

The Chinese firm, which buys more than a tenth of exports from the world's fourth-largest crude producer, has changed the payment currency for the bulk of its roughly 240,000 barrels per day (bpd) contract, Beijing-based sources said.

Japanese refiners who buy about 500,000 bpd of Iranian crude, nearly a quarter of Iran's 2.2 million-bpd shipments, continue to pay in dollars but are willing to shift to yen if asked, industry sources and officials said separately.

Iranian officials have said for months that more than half the OPEC member's customers switched their payment currency away from the dollar as Tehran seeks to diversify its reserves, but news of the Zhenrong change is the first outside confirmation.