Archive for the ‘China’ Category
We know this isn’t really politics – but can someone PLEASE explain to us how Sharon Stone’s remark about the horrible earthquakes in China being “karma” for their human rights policies is any different than Pat Robertson or Jerry Falwell saying the U.S. deserved 9/11 because of “the gays?”
This was an insensitive remark made by someone who obviously takes herself and her opinion WAY too seriously. The devastation in China is beyond words, and our hearts go out to the Chinese people. Let’s drop politics at a time like this and just be people.
CHENGDU, Sept. 22 (Xinhua) — Huang Jinjiang, a former bank official in southwest China’s Sichuan Province, has been given death sentence for accepting bribes, local court sources said on Saturday.
The Ziyang City’s People’s Court made the first-instance trial on Sept. 5. Huang was also deprived political rights all his life with the confiscation of all his personal assets.
According to the court verdict, from 1993 to 1997, the defendant Huang took advantage of his posts as president of China Agricultural Bank’s subsidiary bank of Dazhou city to seek loans for a local firm after accepting bribes.
Huang accepted seven million yuan (about 930,000 U.S. dollars). Meanwhile, Huang’s three colleagues, who will be handled in a separate case, accepted and extorted bribes worth of 3.12 million yuan (about 416,500 dollars).
By now, most part of the illicit money has not been recovered.
Huang’s crime also resulted in losses of 700 million yuan in bank loans, which cannot be recovered. (about 93.3 million dollars).
“…if China were to re-value their currency or China is to stop making safe toys that don’t have lead in them or food that isn’t poisonous – their costs of production are going to go up and that means prices at Wal-Mart here in the United States are going to go up, too, So I would say China is our greatest friend right now. They’re keeping prices low…”
Be thankful for poisoned food and unsafe toys because they’re cheap?!
China Executes ex-food and drug chief
By Alexa Olesen, AP
BEIJING – China executed the former head of its food and drug watchdog on Tuesday for approving untested medicine in exchange for cash, the strongest signal yet from Beijing that it is serious about tackling its product safety crisis.
Read the rest of the article.