July 3, 2008 |
Harvard University, the richest U.S. school, is opening an office in Shanghai and plans to start another in Beijing, partly to spur research into the world's fastest-growing major economy. The office will help faculty and students who are teaching or doing research in China and arrange interviews of prospective students, the Cambridge, Mass., university said. The office also will foster collaboration with universities and other organizations in the country and build ties with Harvard alumni there.
June 17, 2008 |
Walt Disney Co. said it would film "Touch of the Panda" in Sichuan, China, following a strategy to make more films abroad. The movie, about a boy who befriends a panda, will be made with Chinese film producers Castle Hero Pictures and Ying Dong Media, Burbank-based Disney said. "Touch of the Panda" will be Disney's second production in China after "The Secret of the Magic Gourd," an animated film released last year.
March 15, 2008 |
Nike Inc. said it found falsified documents, underage workers and unpaid wages at suppliers in China, despite what experts say is one of the top social compliance regimes in the industry. The Beaverton, Ore.-based company's difficulties highlight the deep roots of some of the problems businesses face in manufacturing in China, particularly at a time of sharply rising costs and a stiffening legal environment. In its first country-specific supply chain report, which it said focused on China because of the upcoming Beijing Olympics, Nike detailed the efforts it has been making to get suppliers to comply with its code of conduct and Chinese law, including a program to monitor Olympics-related suppliers.
December 2, 2001 |
Mrs. Liu could have had three daughters by now. But the shame and legal costs would have been unbearable, so she gave her second daughter away at birth and aborted a third when an ultrasound scan showed that fetus, too, was female. In 1949, the Communist Party took power promising to end centuries of degradation for China's women. Yet hundreds of thousands of unwanted baby girls are abandoned, aborted and even killed each year. For poor, rural families, the choice is as stark as it is cruel.
November 18, 1990 |
China announced a 9.57% devaluation of its currency, beginning this weekend. The buying rate will change from 4.71 yuan to the dollar to 5.21, and the selling rate from the previous 4.73 yuan to the dollar to 5.24. Last December, the Chinese yuan was devalued by 21.2%. China's currency is not convertible on world money markets. The new rate is still slightly below the black-market rate.
September 28, 2012 |
BEIJING - He was a gentle, if somewhat befuddled man. He couldn't keep track of his money or figure out how to take the bus, but he was a lot of fun when he'd roll around with the children, playing, tickling and laughing. "He was just like one of the kids," said retired painter Zheng Shuang, 76, recalling her uncle. In fact, dajiu , or big uncle, as they called him, was so unpretentious that Zheng's younger brother wouldn't believe it when she told him, "Did you know that big uncle was the last emperor of China?"