ZhongHuaRising: February 2008 Archives

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Feb29	Safe Food At Olympic Village? US Olympic Team Doesn't Think So Sung Hin Jason Chan February 29, 2008 Know More: US - China Relationship Beijing Olympics, Chinese Food, Olympic Committee, Olympic Village, Sponsorship, US Olympic Team Last time I talked about the hype over the Olympic Village food menus serving all but Chinese food. Apparently, the New York Times reported that the US delegation and Olympic Committee had already arranged with its sponsors to ship prepared food to the Village, beliving that the food there may not be safe, citing potential impact of veterinary drugs and insecticides on athletes. This sparked a series of fustrated responses by the Chinese side, eventually leading to all Olympians being banned from bringing any sort of food into the Village, with the exception of medications. Continue Reading Posted at 10:38 PM \| Permalink \| Comments
Feb29	To Continue Growth, China Must First Eliminate One Child Policy Sung Hin Jason Chan February 29, 2008 According to a recent census, China might 'get old before it gets rich' because the one child policy, a population control enforced in the 1970s that became the hallmark of Chinese social policy, led to a significant fall of the... Continue Reading Posted at 3:02 PM \| Permalink \| Comments
Feb28	Bridge Linking Hong Kong-Macau-Zhuhai To Begin Plans After Negotiation Agreed Upon Sung Hin Jason Chan February 28, 2008 Since Beijing gave the green light to build a bridge linking the three major Chinese cities in Pearl River Delta region, Hong Kong, Macau and Zhuhai, almost three years ago in 2005, financing negotiations completely stalled the planning and construction... Continue Reading Posted at 6:18 PM \| Permalink \| Comments
	Hong Kong: A Place To Find Fine Wines Of Great Value And Quality Sung Hin Jason Chan February 28, 2008 If you consider yourself a wine enthusiast or a beer lover, look no further for Asia's great wine hub. Starting yesterday, the Hong Kong government abolished excise duties on all alcohol except hard liquor, paving way for an expanding industry... Continue Reading Posted at 6:51 AM \| Permalink \| Comments
Feb27	Chinese Corporate Bond Market: Standard Chartered And JP Morgan To Underwrite Sung Hin Jason Chan February 27, 2008 There is great potential in China's corporate bond market. While Chinese stocks and government bonds have expanded so far and so fast to the point of overheating the economy, the country's next fund-raising tool in line, Chinese corporate bonds, lag... Continue Reading Posted at 11:59 PM \| Permalink \| Comments
	Olympics Dream Shattered By Yao Ming's Tiny Fracture Sung Hin Jason Chan February 27, 2008 Despite Houston Rockets' 13 game winning streak and a record average of 22 points with 10.8 rebounds per game, the six-time NBA All Star center Yao Ming could not feel any worse. With only six months until the Beijing Olympics opening ceremony,... Continue Reading Posted at 8:22 PM \| Permalink \| Comments
Feb26	Standard & Poor's: Chinese Banks Careless About Potential Credit Risk Crisis Sung Hin Jason Chan February 26, 2008 The world has a lending problem. If anyone has learnt anything from the credit crunch in America, it would be that financial institutions should lend carefully. Carefully with a capital C. Appearently that is not what Chinese lenders are taking... Continue Reading Posted at 8:28 PM \| Permalink \| Comments
	No More Plastic Bags In China As Largest Manufacturer Closes Down? Sung Hin Jason Chan February 26, 2008 How can the largest plastic bag manufacturer in China close down, I hear you ask. Well, like any other state-run company, competition and business environment moves faster than the company can turn around. In this case, Suiping Huaqiang Plastic Co.... Continue Reading Posted at 2:49 PM \| Permalink \| Comments
Feb25	A Leftist Foreigner In A Land Of Rightists Sung Hin Jason Chan February 25, 2008 When I first read this article, my first thoughts was a Mao-hugging foreigner exporting leftist ideologies back to the US. But I was wrong. Even having lived in Hong Kong, this phenomenon is hard to understand. When Ben Ross returned... Continue Reading Posted at 10:41 PM \| Permalink \| Comments
	Americans: China To Lead The World Within 20 Years Sung Hin Jason Chan February 25, 2008 In the latest published Gallup poll on American confidence, the gist of the survey was thus: many Americans believe that China is the world's leading economic power or will be within the next 20 years. Although less than half of... Continue Reading Posted at 4:16 PM \| Permalink \| Comments
Feb22	With Edison Chen's Retirement After The Sex Picture Scandal, Is Hong Kong Back In Business? Sung Hin Jason Chan February 22, 2008 Two days has passed since Edison Chen secretly (or not so secretly, depending on your point of view) creeped back into Hong Kong and held a press conference with 100 members of the press. Too bad that didn't even make... Continue Reading Posted at 5:12 PM \| Permalink \| Comments
Feb20	The Curse Of Beijing Olympics: Or Why Chinese Stock Market Will Crash Despite The Chinese Economy Sung Hin Jason Chan February 20, 2008 Yesterday I attended a seminar on what to expect of the Chinese economy and stock market in the coming year. Lucky to know, I wasn't the most pessimistic one there. There was a lot of talk about the bullish Chinese... Continue Reading Posted at 10:43 PM \| Permalink \| Comments
Feb19	With Fidel Castro Resigning, Cuba Looks To China For Future Sung Hin Jason Chan February 19, 2008 In the last 50 years, no one anticipated even the slightest change in the communist stronghold that belonged to Fidel Castro. Even with the fall of communism in Moscow and Berlin, nothing appeared to shake the reigning dynasty in Cuba,... Continue Reading Posted at 12:41 PM \| Permalink \| Comments
Feb18	The Spielberg Tragedy: Chinese Olympics Supporters Mock Hollywood Sung Hin Jason Chan February 18, 2008 "Spielberg said last week that his conscience would no longer allow him to work on the Olympics as an artistic consultant while Sudan's China-backed government carried out genocide in its western Darfur province." Steven Spielberg has risked it all this... Continue Reading Posted at 8:12 PM \| Permalink \| Comments
Feb16	Love in the 21st Century: China's Love Letters Through The Ages Sung Hin Jason Chan February 16, 2008 As I mentioned a few days ago, Valentine's Day has changed a lot in Chinasince the Revolution. Yet love in general has changed. Massively. Whereas love in the 1950s stood for longing each other over poetic handwritten letters and traditional... Continue Reading Posted at 8:53 PM \| Permalink \| Comments
	David Li Resigns From Hong Kong's Executive Council Sung Hin Jason Chan February 16, 2008 David Li, Chairman of the Hong Kong-based Bank of East Asia and a member of the Legislative Council, resigned from his post on the Executive Council of Hong Kong following pressure that he was accused of insider trading of shares... Continue Reading Posted at 12:54 PM \| Permalink \| Comments
Feb15	China To Boom From Buying And Consuming, In Addition To Selling And Exporting Sung Hin Jason Chan February 15, 2008 Up until now, there are two school of thoughts about how China's growth has been fueled over this decade.1. Exports generate much of China's growth, as Brad Setser never fails to mention.2. Domestic consumption has been the key driving force,... Continue Reading Posted at 4:02 PM \| Permalink \| Comments
Feb14	6 Expensive Ways To Spend Your Valentine's Day In China Sung Hin Jason Chan February 14, 2008 It's Valentine's Day tomorrow. A big day for those with significant others waiting patiently at home for them after work, but just another day of heavy drinking and video games for others. Nonetheless, Valentine's Day has become a culturally popular... Continue Reading Posted at 5:42 PM \| Permalink \| Comments
Feb12	Kira With A New Gillian Chung Sex Video? Maggie Q Sex Pictures To Be Released? Or How Edison Chen's Sex Scandal Is Hurting Hong Kong Sung Hin Jason Chan February 12, 2008 Now in its 16th day, this strange, strange ordeal is far from settled. As a well-known blogger puts it: Apple Daily, perhaps Hong Kong's most liberal newspaper, has covered Edison Chen's sex scandal on its front page headlines for over... Continue Reading Posted at 6:02 PM \| Permalink \| Comments
Feb 8	Top 3 Sources Of Luxury Car Into China Sung Hin Jason Chan February 8, 2008 Last year, China imported more than 139,000 sedans from across the globe, a 25% increase from the previous year. This is a total of more than $5 billion dollars in imported luxury cars. Although this is an enormous increase of... Continue Reading Posted at 8:33 PM \| Permalink \| Comments
Feb 7	10 Most Popular China Stocks In America Sung Hin Jason Chan February 7, 2008 It has come to my attention that the search and sheer interest in Chinese stocks surged in October after China Digital TV (NYSE:STV) became listed in New York. Research and popularity in Chinese ADRs has increased by four-folds from August to... Continue Reading Posted at 1:40 PM \| Permalink \| Comments
Feb 6	Millions Stranded By Snow As Lunar New Year Approaches Sung Hin Jason Chan February 6, 2008 This time of the year is usually has a festive aura. For the many migrant workers in China who did not have a long and relaxing Thanksgiving nor Christmas, the Lunar New Year festival is the time of the year when... Continue Reading Posted at 7:04 PM \| Permalink \| Comments
Feb 5	Gillian Chung's Sex Photos And Video Scandal: An Issue Of Democracy (阿嬌的問題是個民主的問題) Sung Hin Jason Chan February 5, 2008 Edison Chen and Gillian Chung's (not to forget Cecilia Cheung, Bobo Chan and even Joey Yung) sex scandal has made headlines for seven straight days in Hong Kong, with no signs of slowdown before Chinese New Year. With this update,... Continue Reading Posted at 4:24 PM \| Permalink \| Comments
Feb 4	100 Reasons Why Beijing Likes Taiwan (At Least For The Weekend) Sung Hin Jason Chan February 4, 2008 Over the weekend, Taiwanese President Chen Shui-bian traveled on a military C-130 aircraft to the heavily disputed Taiping Island in order to inaugurate a runway or otherwise assert Taiwan's claim on the island. Taiping Island is the largest island of... Continue Reading Posted at 12:27 PM \| Permalink \| Comments

« January 2008 | Main | March 2008 »

Feb29	Safe Food At Olympic Village? US Olympic Team Doesn't Think So Sung Hin Jason Chan February 29, 2008 Know More: US - China Relationship Beijing Olympics, Chinese Food, Olympic Committee, Olympic Village, Sponsorship, US Olympic Team Last time I talked about the hype over the Olympic Village food menus serving all but Chinese food. Apparently, the New York Times reported that the US delegation and Olympic Committee had already arranged with its sponsors to ship prepared food to the Village, beliving that the food there may not be safe, citing potential impact of veterinary drugs and insecticides on athletes. This sparked a series of fustrated responses by the Chinese side, eventually leading to all Olympians being banned from bringing any sort of food into the Village, with the exception of medications. Continue Reading Posted at 10:38 PM \| Permalink \| Comments
Feb29	To Continue Growth, China Must First Eliminate One Child Policy Sung Hin Jason Chan February 29, 2008 According to a recent census, China might 'get old before it gets rich' because the one child policy, a population control enforced in the 1970s that became the hallmark of Chinese social policy, led to a significant fall of the... Continue Reading Posted at 3:02 PM \| Permalink \| Comments
Feb28	Bridge Linking Hong Kong-Macau-Zhuhai To Begin Plans After Negotiation Agreed Upon Sung Hin Jason Chan February 28, 2008 Since Beijing gave the green light to build a bridge linking the three major Chinese cities in Pearl River Delta region, Hong Kong, Macau and Zhuhai, almost three years ago in 2005, financing negotiations completely stalled the planning and construction... Continue Reading Posted at 6:18 PM \| Permalink \| Comments
	Hong Kong: A Place To Find Fine Wines Of Great Value And Quality Sung Hin Jason Chan February 28, 2008 If you consider yourself a wine enthusiast or a beer lover, look no further for Asia's great wine hub. Starting yesterday, the Hong Kong government abolished excise duties on all alcohol except hard liquor, paving way for an expanding industry... Continue Reading Posted at 6:51 AM \| Permalink \| Comments
Feb27	Chinese Corporate Bond Market: Standard Chartered And JP Morgan To Underwrite Sung Hin Jason Chan February 27, 2008 There is great potential in China's corporate bond market. While Chinese stocks and government bonds have expanded so far and so fast to the point of overheating the economy, the country's next fund-raising tool in line, Chinese corporate bonds, lag... Continue Reading Posted at 11:59 PM \| Permalink \| Comments
	Olympics Dream Shattered By Yao Ming's Tiny Fracture Sung Hin Jason Chan February 27, 2008 Despite Houston Rockets' 13 game winning streak and a record average of 22 points with 10.8 rebounds per game, the six-time NBA All Star center Yao Ming could not feel any worse. With only six months until the Beijing Olympics opening ceremony,... Continue Reading Posted at 8:22 PM \| Permalink \| Comments
Feb26	Standard & Poor's: Chinese Banks Careless About Potential Credit Risk Crisis Sung Hin Jason Chan February 26, 2008 The world has a lending problem. If anyone has learnt anything from the credit crunch in America, it would be that financial institutions should lend carefully. Carefully with a capital C. Appearently that is not what Chinese lenders are taking... Continue Reading Posted at 8:28 PM \| Permalink \| Comments
	No More Plastic Bags In China As Largest Manufacturer Closes Down? Sung Hin Jason Chan February 26, 2008 How can the largest plastic bag manufacturer in China close down, I hear you ask. Well, like any other state-run company, competition and business environment moves faster than the company can turn around. In this case, Suiping Huaqiang Plastic Co.... Continue Reading Posted at 2:49 PM \| Permalink \| Comments
Feb25	A Leftist Foreigner In A Land Of Rightists Sung Hin Jason Chan February 25, 2008 When I first read this article, my first thoughts was a Mao-hugging foreigner exporting leftist ideologies back to the US. But I was wrong. Even having lived in Hong Kong, this phenomenon is hard to understand. When Ben Ross returned... Continue Reading Posted at 10:41 PM \| Permalink \| Comments
	Americans: China To Lead The World Within 20 Years Sung Hin Jason Chan February 25, 2008 In the latest published Gallup poll on American confidence, the gist of the survey was thus: many Americans believe that China is the world's leading economic power or will be within the next 20 years. Although less than half of... Continue Reading Posted at 4:16 PM \| Permalink \| Comments
Feb22	With Edison Chen's Retirement After The Sex Picture Scandal, Is Hong Kong Back In Business? Sung Hin Jason Chan February 22, 2008 Two days has passed since Edison Chen secretly (or not so secretly, depending on your point of view) creeped back into Hong Kong and held a press conference with 100 members of the press. Too bad that didn't even make... Continue Reading Posted at 5:12 PM \| Permalink \| Comments
Feb20	The Curse Of Beijing Olympics: Or Why Chinese Stock Market Will Crash Despite The Chinese Economy Sung Hin Jason Chan February 20, 2008 Yesterday I attended a seminar on what to expect of the Chinese economy and stock market in the coming year. Lucky to know, I wasn't the most pessimistic one there. There was a lot of talk about the bullish Chinese... Continue Reading Posted at 10:43 PM \| Permalink \| Comments
Feb19	With Fidel Castro Resigning, Cuba Looks To China For Future Sung Hin Jason Chan February 19, 2008 In the last 50 years, no one anticipated even the slightest change in the communist stronghold that belonged to Fidel Castro. Even with the fall of communism in Moscow and Berlin, nothing appeared to shake the reigning dynasty in Cuba,... Continue Reading Posted at 12:41 PM \| Permalink \| Comments
Feb18	The Spielberg Tragedy: Chinese Olympics Supporters Mock Hollywood Sung Hin Jason Chan February 18, 2008 "Spielberg said last week that his conscience would no longer allow him to work on the Olympics as an artistic consultant while Sudan's China-backed government carried out genocide in its western Darfur province." Steven Spielberg has risked it all this... Continue Reading Posted at 8:12 PM \| Permalink \| Comments
Feb16	Love in the 21st Century: China's Love Letters Through The Ages Sung Hin Jason Chan February 16, 2008 As I mentioned a few days ago, Valentine's Day has changed a lot in Chinasince the Revolution. Yet love in general has changed. Massively. Whereas love in the 1950s stood for longing each other over poetic handwritten letters and traditional... Continue Reading Posted at 8:53 PM \| Permalink \| Comments
	David Li Resigns From Hong Kong's Executive Council Sung Hin Jason Chan February 16, 2008 David Li, Chairman of the Hong Kong-based Bank of East Asia and a member of the Legislative Council, resigned from his post on the Executive Council of Hong Kong following pressure that he was accused of insider trading of shares... Continue Reading Posted at 12:54 PM \| Permalink \| Comments
Feb15	China To Boom From Buying And Consuming, In Addition To Selling And Exporting Sung Hin Jason Chan February 15, 2008 Up until now, there are two school of thoughts about how China's growth has been fueled over this decade.1. Exports generate much of China's growth, as Brad Setser never fails to mention.2. Domestic consumption has been the key driving force,... Continue Reading Posted at 4:02 PM \| Permalink \| Comments
Feb14	6 Expensive Ways To Spend Your Valentine's Day In China Sung Hin Jason Chan February 14, 2008 It's Valentine's Day tomorrow. A big day for those with significant others waiting patiently at home for them after work, but just another day of heavy drinking and video games for others. Nonetheless, Valentine's Day has become a culturally popular... Continue Reading Posted at 5:42 PM \| Permalink \| Comments
Feb12	Kira With A New Gillian Chung Sex Video? Maggie Q Sex Pictures To Be Released? Or How Edison Chen's Sex Scandal Is Hurting Hong Kong Sung Hin Jason Chan February 12, 2008 Now in its 16th day, this strange, strange ordeal is far from settled. As a well-known blogger puts it: Apple Daily, perhaps Hong Kong's most liberal newspaper, has covered Edison Chen's sex scandal on its front page headlines for over... Continue Reading Posted at 6:02 PM \| Permalink \| Comments
Feb 8	Top 3 Sources Of Luxury Car Into China Sung Hin Jason Chan February 8, 2008 Last year, China imported more than 139,000 sedans from across the globe, a 25% increase from the previous year. This is a total of more than $5 billion dollars in imported luxury cars. Although this is an enormous increase of... Continue Reading Posted at 8:33 PM \| Permalink \| Comments
Feb 7	10 Most Popular China Stocks In America Sung Hin Jason Chan February 7, 2008 It has come to my attention that the search and sheer interest in Chinese stocks surged in October after China Digital TV (NYSE:STV) became listed in New York. Research and popularity in Chinese ADRs has increased by four-folds from August to... Continue Reading Posted at 1:40 PM \| Permalink \| Comments
Feb 6	Millions Stranded By Snow As Lunar New Year Approaches Sung Hin Jason Chan February 6, 2008 This time of the year is usually has a festive aura. For the many migrant workers in China who did not have a long and relaxing Thanksgiving nor Christmas, the Lunar New Year festival is the time of the year when... Continue Reading Posted at 7:04 PM \| Permalink \| Comments
Feb 5	Gillian Chung's Sex Photos And Video Scandal: An Issue Of Democracy (阿嬌的問題是個民主的問題) Sung Hin Jason Chan February 5, 2008 Edison Chen and Gillian Chung's (not to forget Cecilia Cheung, Bobo Chan and even Joey Yung) sex scandal has made headlines for seven straight days in Hong Kong, with no signs of slowdown before Chinese New Year. With this update,... Continue Reading Posted at 4:24 PM \| Permalink \| Comments
Feb 4	100 Reasons Why Beijing Likes Taiwan (At Least For The Weekend) Sung Hin Jason Chan February 4, 2008 Over the weekend, Taiwanese President Chen Shui-bian traveled on a military C-130 aircraft to the heavily disputed Taiping Island in order to inaugurate a runway or otherwise assert Taiwan's claim on the island. Taiping Island is the largest island of... Continue Reading Posted at 12:27 PM \| Permalink \| Comments

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