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Financial Times (UK)
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Jun 18, 08 7:00 PM CDT
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Demand for gas-guzzling SUVs keeps growing in China, where the vehicles have become status symbols. Even Hummers are selling fast, despite sky-high oil prices, the Financial Times reports. "There are plenty of other sources of pollution than cars, and life is short so we should enjoy ourselves anyway," says a Beijing executive.
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New York Times
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Jun 18, 08 9:53 AM CDT
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Foreign manufacturers invested $83 billion in China last year, keeping it at the top of the list of overseas producers. But a confluence of circumstances—high inflation, changing government policies, and, above all, rising wages—have led corporations to start looking elsewhere in Asia, the New York Times reports. The shift to other parts of Asia, especially Vietnam, reflects a "China-plus-one" strategy, in which multinational corporations diversify their manufacturing operations.
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Boston Herald
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Jun 18, 08 7:24 AM CDT
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As the buzzer sounded last night, giving the Boston Celtics the NBA Championship over the Los Angeles Lakers, it wasn't heard only in Beantown. All over the world, from London to Shanghai, basketball fans watched the Celtics take home their 17th Larry O’Brien Trophy. "It’s a global world," said a team partner and investment banker. "So when a team does so well like this with such a storied franchise, people know right away."
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New York Times
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Jun 17, 08 8:16 AM CDT
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As the US economy struggles and its own booms, China is reveling in its newfound self-confidence, blasting American fiscal policy, the New York Times reports, and flaunting its own regulatory successes. Chinese officials have recently taken the US to task over the subprime mortgage crisis, the weakening dollar, and “discriminatory” attitudes toward foreign investment, showing unusual bravado in the run-up to today’s economic talks between the countries.
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Ars Technica
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Jun 16, 08 10:49 AM CDT
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The number of blogging "citizen journalists" arrested worldwide in political crackdowns tripled in 2007 from the previous year, Ars Technica reports. Over half of last year's 36 arrests occurred in Egypt, Iran, and China, according to a new survey, which sorted arrests into six categories, most related to stirring up political controversy.
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Reuters
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Jun 16, 08 9:06 AM CDT
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Chinese officials have told China's Muslim Uighur to stay in their homes and watch the Olympic torch on TV when it winds its way through the troubled western region of Xinjiang, Reuters reports. Beijing blames the Uighur for a series of attacks that are part of a push for an independent state.
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Reuters
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Jun 16, 08 4:24 AM CDT
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More than a million Chinese have fled floods in the southern regions of the nation after some of the worst storms in decades. The deluge comes as China is reeling from a devastating earthquake. The situation is likely to get worse in the next few days with expected flooding along the Yellow River, Reuters reports.
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Times (UK)
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Jun 13, 08 7:05 PM CDT
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Simply dropping teabags into a mug not only yields an unsatisfying, solitary brew, Tony Turnbull writes in the Times of London—it spoils the ceremony and anticipation crucial for enjoyment. A teashop visit converted the self-described “inveterate teabag user” into a fan of the “strange alchemy” that transforms dried tea leaves into a perfect cup.
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Reuters
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Jun 13, 08 4:41 AM CDT
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The first talks between China and Taiwan in almost a decade have yielded a historic travel agreement, reports Reuters. Regular flights between the two will begin next month for the first time since the Communists won China's civil war in 1949. Relations between the rivals—still officially at war—have thawed rapidly since Taiwan voted in a more China-friendly president in March.
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Sports Illustrated
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Jun 12, 08 12:43 PM CDT
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It wasn't statesmen who broke China's 22 years of isolation from the West in 1971, but rather, Sports Illustrated notes, grown men with paddles. When Glenn Cowan accidentally jumped on the Chinese team bus during world table-tennis championships in Japan, star Zhuang Zedong brushed aside Mao's anti-capitalist harangues to greet the American and start building a bridge that will lead to August's Beijing Olympics.
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Los Angeles Times
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Jun 11, 08 3:00 PM CDT
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Chinese hackers infiltrated four computers belonging to a member of Congress who is an outspoken critic of that country's human rights record, the Los Angeles Times reports. The FBI discovered that Republican Rep. Frank Wolf's machines had been "compromised" by hackers stationed in China, beginning as early as 2006; other House members could also have been targeted, Wolf said today.
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Associated Press
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Jun 10, 08 5:20 PM CDT
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Workers at the Wolong Nature Reserve in Sichuan province gathered today for the funeral of Mao Mao, a 9-year-old panda killed in the May 12 earthquake. Mao Mao, the mother of five, was one of 64 pandas at the reserve. She died when the river beside her enclosure crushed the walls, and her body wasn't discovered until yesterday, the AP reports.
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ABC News
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Jun 10, 08 12:54 PM CDT
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A Chinese supplement could help lower cholesterol in patients unable to tolerate statin drugs, ABC News reports. Extract of red yeast rice, a form of fermented rice that has been used in China for many centuries in medicine and food, is naturally rich in the active ingredient in the drugs. A recent Chinese study found the extract dramatically cut the risk of heart patients suffering a repeat attack, the London Times reports.
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New York Times
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Jun 10, 08 7:14 AM CDT
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Amid fears of looming food shortages around the world, this year’s crops aren’t providing much hope, the New York Times reports. While farmers in America have been hit with too much rain, Australian farmers are battling the effects of drought. US farmers planted 4 million more acres this year than last, but drenched fields are preventing good results. “The anxiety level is increasing,” says a grains analyst.
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Reuters
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Jun 10, 08 6:44 AM CDT
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A town devastated by the Sichuan earthquake was flooded today as soldiers worked to drain a dangerous quake lake, reports Reuters. Water whooshed into Beichuan after explosives and missiles were used to blast holes in the dam created by the earthquake. Some 250,000 people downstream had already been evacuated.
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New York Times
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Jun 9, 08 10:11 AM CDT