Author: Staff (Page 5 of 15)

Life in Macau


Free image courtesy of FreeDigitalPhotos.net

Here’s an interesting article that explains how there’s much more to Macau than just huge casinos.

Order a generous slice of Macau and you’d be brave to swallow it whole. This is a historical layer cake of clashing flavours. Long, unremarkable centuries of sleepy ancient Chinese fishing villages infused with a whiff of incense from Taoist temples. A slab of Portuguese colonialism – rich, centuries-thick and packed with spices. And on top, a great slathered-on crust of neon candy – luminescent pink, saccharine sweet, saliva-inducing.

It sounds great.

Caterpillar gets duped in China deal

Well, this is embarrassing.

Caterpillar, based in Peoria, Ill., disclosed on Jan. 18 that it had uncovered “deliberate accounting misconduct” at Zhengzhou Siwei Mechanical & Electrical Manufacturing Co., a maker of roof-support equipment for underground coal mines that it had acquired last June. Siwei is a subsidiary of ERA Mining Machinery, a Hong Kong-listed firm controlled by a shell company whose principals are two American entrepreneurs in China. Caterpillar paid about $700 million for ERA but said earlier this month it was writing down the value of that company by $580 million. “It’s disappointing,” Oberhelman said. “But how we respond defines us.”

Of course this stuff doesn’t only happen in China. Fraud occurs everywhere. But you would think that a company like Caterpillar would be a little more careful here.

Censorship fight heats up in China

Chinese journalists are taking an understated approach to their calls for reform of China’s censorship laws.

As usual, the Chinese government is walking a tightrope here. They have huge problems on their hands with corruption and other problems, and a free press would force them to account for the problems. In the meantime, the press is growing more difficult to control, and you have social media as well adding more pressure. It will be fascinating to see how this progresses.

‘V for Vendetta’ airs in China

If you despise totalitarian government, you’re probably a fan of “V for Vendetta” if you’ve had the opportunity to see the film. If you love freedom, this film, and particularly the film above, will inspire you.

It’s for that reason that the news of out China today is so shocking. Somehow, the censors allowed this film to be broadcast in China. It was already an underground favorite, but now millions in China may be suddenly questioning their own government. We can only hope.

China’s Olympics hysteria

The machinery in China established to produce gold medals in The Olympics is ruthless, and the Chinese people are grappling with the positive and negative effects of this system.

But the crankiness back home could increase in coming days as the Olympic Games heads into events such as track and field, where China hasn’t traditionally been strong. Despite tremendous pride in China’s slim lead over the U.S., the success has sparked debate over the pressure China’s results-driven sports system puts on winning.

That system picks athletes at young ages, grooming them for Olympic gold at national training centers, often far away from their families. Qin, the diver, said he started training at age six. “Sometimes, I get to see (my family) every other year. If the competition schedule is not that tight, maybe sometimes I can spend a whole week with my parents in a year,” he said.

“Every athlete has some pressure,” Qin said. “If you want to be really good, then you have to be able to hold that pressure to perform.”

Last week, 23-year-old weightlifter Wu Jingbiao publicly apologized, bowing in front of the television cameras, for bringing home a silver, not gold, medal. “I feel terribly sorry for my country, China’s weightlifting team and everyone that supports me,” Wu said, fighting back tears. That came after some Chinese newspapers referred to 17-year-old Chinese female weightlifter Zhou Jun as one of the country’s greatest failures.

“It is not the barbell that overwhelmed Wu, but a world of difference in terms of treatment toward gold medal winner and that of silver medal,” said the Southern Metropolis Daily, a newspaper in China’s southern Guangdong province.

An editorial written this week in the state-run China Youth Daily newspaper called for change, saying leaders have hammered hard for medals in pursuit of global recognition that could have been earned in other, more socially beneficial ways. “Even from the standpoint of sports fans, we are more concerned with public affairs that affect our happiness,” the China Youth Daily editorial said.

State-run newspapers have taken the opposite approach, arguing that any criticism of the state’s sports system is criticism of the state itself.

In many ways this debate is a good thing for Chinese culture. It will be interesting to see how this debate evolves.

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