CHINESE SURVEY SHOWS A HIGHER JOBLESS RATE. According to the WSJ, a new survey shows that the real unemployment rate in China is double the official level. From the piece: “The survey of 8,000 households shows the urban unemployment rate hit 8.05% in June, up slightly from 8% in August 2011 and near...
CHINA PROTESTS U.S. COMMENTS ON TIBET, SAYS ‘DISGUSTING.’ Reuters reports that China’s Foreign Ministry lambasted the U.S. for ‘disgusting’ comments made by a U.S. official on the human rights situation in Tibet, saying it had prompted a formal diplomatic complaint with Washington. From the piece: “...
CHINA AND IRAN SMUGGLING RING BUSTED. According to ABC News, four men, including two Iranians, were indicted Tuesday in federal court in New York for allegedly attempting to smuggle military helicopter parts and carbon fiber that can be used in nuclear centrifuges from the U.S. into China and Iran. ...
