China

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Disney Schools Bring Mickey Into Chinese Classrooms

Disney English centers teach Chinese kids new words—and new Disney characters

(Newser) - Mickey Mouse and his cohorts are moving into China’s huge English-teaching market, reports the Wall Street Journal. Disney English centers teach kids as young as 2 the basics of the language with the help of Disney character-themed lessons and “magic tokens” that can be swapped for Disney merchandise...

Chan Says 'Chinese Need to Be Controlled'

Action star rethinking his stance on democracy

(Newser) - Hong Kong action star Jackie Chan may be picking a fight with a new foe—democracy, the AP reports. Speaking at a business summit today in China, the action star said he wasn't "sure if it's good to have freedom or not. I'm gradually beginning to feel that we...

Volkswagen Challenges Toyota's No. 1 Ranking

Global sales surge on Germany, China stimulus, Toyota lags

(Newser) - Volkswagen may have beaten Toyota in global sales in the first quarter, Reuters reports. Although VW sales declined overall, the company's market share increased to 11% with 1.39 million vehicles sold. Toyota has not released sales figures, but it estimated its first-quarter sales at 1.23 million. Volkswagen had...

Chinese Influence Grows in Latin America

Deal by deal, Sino-South American relationships erode U.S. clout

(Newser) - Stepping into a gap created by the 1-2 punch of Bush administration neglect and worldwide recession, China is pumping billions of dollars into Latin America, helping to shore up slowing economies while the US plays catch-up in the region, the New York Times reports. "This is how the balance...

China's GDP Crawls, But Worst May Be Over

Growth sinks below 'danger line' but experts believe rebound is coming

(Newser) - China's GDP growth fell to its lowest level last quarter since Beijing started keeping records in 1992, the Wall Street Journal reports. The 6.1% growth, however, is in line with forecasts and actually seen as decent news by many economists. Data on loans and industrial growth suggest that the...

Boys Outnumber Girls in China by 32M

Sex ratio poses looming security concerns

(Newser) - China's one-child policy has left the nation with 32 million more boys than girls under the age of 20, a new study says. The greatest imbalance is among kids ages 1 to 4, which likely means bigger problems down the road, the New York Times reports. Researchers said China could...

HK Star's Sexcapades Hit Court
HK Star's 
Sexcapades
Hit Court 

HK Star's Sexcapades Hit Court

Computer worker accused of stealing star's serial sex pics

(Newser) - The trial of a computer repairman accused of sparking the biggest sex scandal in Hong Kong's history has begun, the BBC reports. Prosecutors say the worker illegally copied and distributed 1300 photos taken by actor Edison Chen as he engaged in sex acts with a variety of famous young Hong...

Pentagon Game Simulates Global Economic Warfare

The exercise showed China to be the savviest economic operator

(Newser) - Last month, the Pentagon hosted a new kind of war game, focused not on a “shooting war,” but on how hostile states might damage the US economy, Politico reports. Instead of decorated military brass calling the shots, shirt-sleeved hedge fund managers, academics, and executives played out scenarios shifting...

China, Nissan Strike Electric Car Deal

Nissan will create fleet, charging station network in Wuhan

(Newser) - China has tapped Nissan to set up an electric-car program in the city of Wuhan, relying on the automaker to set up a fleet of electric vehicles and charging stations, the Wall Street Journal reports. Beijing plans to produce 500,000 “new energy” vehicles by 2011, and recently selected...

As Capitalism Crumbles, Chinese Embrace Mao, Marx

(Newser) - The woes of international capitalism are fueling renewed interest in the ur-texts of Chinese Communism, MSNBC reports. Sales of Karl Marx’s Das Kapital and Mao’s “little red book” are skyrocketing in China, where the publisher of Kapital has seen a fivefold increase in sales since late last...

Foreign Cyberspies Threaten Electrical Grid

(Newser) - It may sound like a B-grade espionage thriller, but foreign cyberspies have infiltrated the US electrical grid and stand ready to wreak havoc at the right moment, the Wall Street Journal reports. The foreign hackers—from China, Russia, and elsewhere—have left behind software programs that could theoretically allow them...

China Firm Sold Illegal Nuke Materials to Iran: Prosecutors

Company said to have sent tons of supplies, breaching UN rules

(Newser) - New York officials today charged a Chinese businessman with illegally selling tons of materials to Iran that could be used to make rockets and nuclear weapons, the New York Times reports. Sales in 2006-08 of tungsten and other metals, often through shell firms, break UN rules, prosecutors say. Li Fang...

Economic Crisis Triggers Global Crime Wave
Economic Crisis Triggers Global Crime Wave
ANALYSIS

Economic Crisis Triggers Global Crime Wave

Crisis gives globalized crime gangs opportunity to flourish

(Newser) - The global economic crisis has been a massive stimulus package for violent crime worldwide, Michael Klare writes in Salon. Crime syndicates are finding it easy to recruit from the growing ranks of the unemployed and desperate, the professor writes, and their increasing power is weakening the governments of "narco-states"...

R&amp;D Dollars Flow Even as Revenues Slump
R&D Dollars Flow Even as Revenues Slump
ANALYSIS

R&D Dollars Flow Even as Revenues Slump

Firms see innovation as key to post- recession success

(Newser) - Revenues may be plummeting, but US companies spent as much on research and development in 2008’s fourth quarter as they did in 2007's, the Wall Street Journal reports. Analysts point to products like the iPod, introduced during the last recession, as proof that continued R&D outlay can lead...

UN Split Over Response to N. Korea Rocket

Russia, China resist as US, Japan call for punishment

(Newser) - The US and Japan have hit international resistance as they push for a firm response to yesterday’s North Korean rocket launch over Japan, the Guardian reports. As the second day of emergency UN talks begins today, China and Russia aren’t backing a proposed statement condemning the move from...

Barbie Busts Out in Shanghai
 Barbie Busts Out in Shanghai 

Barbie Busts Out in Shanghai

Hit Shanghai megastore sells 'Barbie lifestyle' to adult women

(Newser) - Mattel is seeking to make up for slowing Barbie sales elsewhere with an aggressive push for Chinese consumers—and not just girls, reports the Washington Post. The company has opened a 6-story flagship store in Shanghai, offering a top-end clothing line and a luxury spa to appeal to professional women...

Nukes? Climate Change? Love 'Em to Death

Newsweek scribe lists a few issues pundits may misunderstand

(Newser) - Few so-called experts predicted the subprime meltdown or the September 11 attacks, Jacob Weisberg writes in Newsweek—so what else might the pundits be wrong about?
  • Nukes are bad: An influential political scientist “argues that possessing nukes induces restraint and caution, causing irresponsible regimes to behave more responsibly.”
...

Pandas: Better at Crowd Pleasing Than Breeding

For so many reasons, these cute bears should probably never have survived

(Newser) - Pandas have a lot working against them when it comes to to making babies: a once-yearly ovulation cycle, genetic inbreeding due to a limited captive population, and, apparently, some degree of ineptness at copulation itself. Zoo officials frequently see their excitement crushed by what turn out to be pseudopregnancies, and...

China's Trouble: Lots of Dollars, Little Sense
China's Trouble: Lots of Dollars, Little Sense
OPINION

China's Trouble: Lots of Dollars, Little Sense

Krugman: Beijing knows it's in trouble, remains tied to old ills

(Newser) - China’s recent call for an alternative to the dollar as a reserve currency underlines how much trouble the country is in after years of stockpiling greenbacks, Paul Krugman writes in the New York Times. The Chinese, long unwilling to let the yuan float freely on foreign exchanges, are signaling...

Dow Up 216, Flirts With 8,000
 Dow Up 216, Flirts With 8,000 
MARKETS

Dow Up 216, Flirts With 8,000

Financial sector celebrates relaxation of mark-to-market accounting rules

(Newser) - Stocks rallied today to a strong finish as global action to combat the financial crisis boosted confidence, the Wall Street Journal reports. The European Central Bank cut interest rates, and G20 tripled the lending budget of the International Monetary Fund to $750 billion. After going above 8,000, the Dow...

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