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China Tag

Tensions between China and Vietnam have recently escalated after more than two weeks of conflict over a territorial dispute in the South China Sea. From CNN:
China has evacuated more than 3,000 of its citizens from Vietnam and is sending ships to retrieve more of them after deadly anti-Chinese violence erupted last week over a territorial dispute between the two countries. Five Chinese ships will travel to Vietnam to help with the evacuation, the official Chinese news agency Xinhua reported Sunday, citing the Ministry of Transport. One of the ships has already set off from the southern island province of Hainan, the ministry said. Sixteen critically injured Chinese citizens were flown out of Vietnam on Sunday morning on a chartered medical plane organized by Chinese authorities, Xinhua said. Two Chinese citizens were killed and more than 100 others were injured in the violence that hit parts of Vietnam last week, according to the news agency. Some of the worst violence appeared to have taken place in the central coastal province of Ha Tinh. Foreign factories, particularly those run by companies from China and Taiwan, were burned and looted by rioters outraged over Beijing's decision to send an oil rig into waters of the South China Sea that both countries claim as sovereign territory.
Protests are usually not permitted in Vietnam, but were initially allowed until violence erupted and the situation grew out of control, according to CNN.  Authorities there are now trying to stop the protests.  Reuters reports that police in a few areas of Vietnam on Sunday were directing those gathering for rallies to disperse. The conflict began earlier this month when China first parked the aforementioned oil rig in the disputed waters, triggering back and forth demands from both sides to retreat. From the Associated Press via Yahoo News:

China Housing Market Bubble Start to Pop as Economy Faces Hard-Landing:
China's property bubble has already started to burst as the country struggles to avoid a hard-landing after the housing market became overheated with soaring prices. China's commercial and residential property sectors are not doing well, especially in the city of Hangzho, which has "become the symbol of a market in distress", according to Forbes. The world's largest retailer, Wal-Mart, is closing its Zhaohui store in Hangzhou on April 23 as a part of its overall plan to dump unprofitable locations. The sale of the large store comes as the city has too much supply of commercial properties, according to Forbes. Hangzhou's Grade A office buildings at the end of 2013 had an average occupancy rate of 30%, according to real estate broker Jones Lang LaSalle. In Hangzhou's residential sector, occupancy is weak and prices are declining due to massive overbuilding.
All of this was predicted here, back in 2012 when Elizabeth Warren insisted that we needed to be more like China. And I said, Elizabeth Warren apparently never heard of the Chinese bubble and Stimulus:

Was Edward Snowden just protecting the privacy -- of Russian and Chinese intelligence services?...

At least 29 people were killed Saturday after assailants wielding knives stormed a train station in southwestern China, in what has been described as "an organized, premeditated violent terrorist attack." From the Associated Press via ABC News:

More than 10 assailants slashed scores of people with knives at a train station in southern China in what state media said Sunday was a terrorist assault by ethnic separatists from the far west. Twenty-nine slash victims and four attackers were killed and 143 people wounded.

Police fatally shot four of the assailants, captured one and were searching for the others following the attack late Saturday at the Kunming train station in Yunnan province, the official Xinhua News Agency said. State broadcaster CCTV said two of the attackers were women — one of the slain and the one who was captured and later brought to a hospital for treatment.

Witnesses described assailants dressed in black storming the train station and slashing people indiscriminately with large knives and machetes.

Student Qiao Yunao, 16, was waiting to catch a train at the station when people starting crying out and running, and then saw a man cut another man's neck, drawing blood.

"I was freaking out, and ran to a fast food store, and many people were running in there to take refuge," she told The Associated Press via Sina Weibo, a Chinese microblog. "I saw two attackers, both men, one with a watermelon knife and the other with a fruit knife. They were running and chopping whoever they could."

"It was an organized, premeditated violent terrorist attack, according to the authorities," reported China's official Xinhua news agency.  The identities of the attackers reportedly killed had not yet been confirmed.   Additional reports described the scene at the time of the attack, based on witness accounts.

Japan and India don't necessarily have the warmest relationship with their neighbor, China. China hasn't exactly lessened tensions by enforcing a no-fly zone over Japanese islands. And its rapidly expanding military efforts haven't brought comfort to India's government, especially with a long history of border tensions. Since it has become apparent that the Obama Administration is unreliable in handling complex international policy dynamics, what can Japan and India do? Go the tradition route: Form a strategic regional alliance. China downplays Japanese PM Shinzo Abe's visit to India
China on Monday downplayed Japanese Prime Minister Shinzo Abe's visit to India as a bilateral issue, even as the state-media termed the trip as a failure for not succeeding in pinning down Beijing. "The visit you mentioned is an issue between India and Japan," Chinese Foreign Ministry spokesman Qin Gang told a media briefing while responding to a question on Abe's just-concluded visit to India. The visit evoked considerable media attention in view of the China-Japan diplomatic stand off over the disputed islands in East China Sea.

Just as the NSA-Snowden leak story was being broken by The Guardian via Glenn Greenwald, and to a lesser extent at The Washington Post, I thought about writing a post with the title this post bears.  In the crush of other things, and the uncertainty as...

The third person killed in the bombing of the Boston Marathon has been identified. Via Riehl World News: The third person killed in the Boston Marathon bombings is a 23-year-old Chinese graduate student at Boston University who came to the U.S. because it was her dream to...

I'm watching a 60 Minutes segment about the Chinese real estate bubble: China has been nothing short of a financial miracle. In just 30 years, this state-controlled economy became the world's second largest, deftly managed by government policies and decrees. One sector the authorities concentrated on...

There are Times that we need to stick up for The NY Times. Whatever we have said about The Times, we don't regret. But we stand with The Times when it gets hacked by China: For the last four months, Chinese hackers have persistently attacked The New York...

If you had any doubt who is the weak horse, witness the change in the story line of the just released remake of Red Dawn, as described by Sonny Bunch in The Washington Free Beacon: Sometime between the start of production and the remake’s release, which...

Elizabeth Warren famously wants us to be more like China and devote even greater percentages of our GDP to infrastructure construction. Warren is making this push despite the fact that we already spend huge sums on infrastructure, we just don't do it very efficiently as state...

Via The Hill: Chen Guangcheng’s daring escape to the U.S. embassy turned into a major political headache for President Obama on Thursday as Republicans accused the administration of naively handing the blind human rights activist back to Chinese authorities...

I previously posted regarding Pete Hoekstra's commercial about jobs being shipped to China, and the cries of racism because an Asian woman played the role of an Asian woman in China in the commercial. The woman's identity was outed by a blog called Angry Asian Man,...

I posted earlier in the week about the Super Bowl commercial run by Pete Hoekstra, who is running for Senate from Michigan against Debbie Stabenow. The commercial was part of a DebbieSpendItNow.com campaign highlighting the loss of jobs in Michigan to countries like China. The url now redirects to...

No, not the video I posted of Nancy Reagan. It was, according to Israel Matzav, a video of Israeli Prime Minister Benjamin Netanyahu wishing China a Happy New Year, receiving 40 million views not including people who viewed it on Chinese television: Related:  Bibi sends Christmas Greetings Netanyahu at the U.N....

As part of his campaign to paint Newt Gingrich as crazy, Mitt Romney has focused on Newt's statement that the Palestinians were an "invented" people.  Romney argued at the Drake University debate Saturday night that Newt had used "incendiary words" which would "create extraordinary tumult" and said "I'm not a...

I've posted before about the Chinese real estate bubble, and what will happen when this bubble bursts. Rather than worshipping the Chinese economy like Obama does (high speed trains anyone?), we should be recognizing that the Chinese model, like the Soviet model, is artificial and contrived. ...