The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Expert's View
Market Watch
North American Report
Government Documents
Expat's Eye
Photo Gallery
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue

People & Points
Print Edition> People & Points
UPDATED: November 16, 2009 NO. 46 NOVEMBER 19, 2009

Newswoman Changes Career

Hu Shuli (CFP) 

Hu Shuli, founding editor of China's most influential business publication, Caijing, has resigned from the biweekly. A spokeswoman for Caijing confirmed Hu's resignation on November 9, but didn't provide specific reasons.

Earlier media reports said Hu and the management of the Stock Exchange Executive Council, Caijing's parent company, were divided over the magazine's development strategy and income distribution.

According to Guangzhou-based Information Times, Hu will take up the post of dean of the School of Communication and Design at Sun Yat-sen University and serve as a professor and doctoral tutor at the school in Guangzhou, Guangdong Province. Despite this, there are also rumors that Hu and most of her subordinates at Caijing plan to launch a new business magazine.

Hu, 56, started her journalistic career in 1982. After spending 16 years at Workers' Daily and China Business Times as a reporter and editor, she founded Caijing in 1998 under the Stock Exchange Executive Council, a Hong Kong-listed media group. Caijing has since won widespread acclaim at home and abroad, mainly for its exposure of a number of scandals in Chinese society.

New Richest Man

 Xu Jiayin (CFP)

Xu Jiayin, founder and Board Chairman of Guangzhou-based Evergrande Real Estate Group Ltd., became the richest Chinese mainlander on November 5, the first day his company began trading on the Hong Kong Stock Exchange.

Shares of Evergrande rose more than 30 percent in its first day of trading, increasing Xu's net worth to $6.8 billion. Xu holds a 68-percent stake in the property developer along with his wife.

As a result, Xu overtook Wang Chuanfu, who tops this year's Forbes China Rich List with an estimated wealth of $5.8 billion, as the person with the largest fortune among all Chinese mainlanders.

Xu, 51, started Evergrande in 1996. The company, which focuses only on residential projects, has developed rapidly as a result of China's booming housing market over the past decade. It is now the country's fourth largest property developer by market value, having more land bank reserves than any rival company.

Poet Receives Award

Duo Duo (CFP) 

Chinese poet Duo Duo, the pen name of Li Shizheng, was declared the 2010 laureate of the Neustadt International Prize for Literature on October 28.

The biennial Neustadt Prize, sponsored by the University of Oklahoma literary magazine World Literature Today, is one of the very few international prizes for which poets, novelists and playwrights are equally eligible. As part of the honor, the laureate receives a prize of $50,000.

Duo Duo is the first Chinese to win the prize, which was created in 1969.

Born in Beijing in 1951, Duo Duo started writing poetry in the early 1970s. He is a signature member of the "misty" school of Chinese poetry that flourished in the late 1970s. Since 2004, he has taught at Hainan University in south China's island province of Hainan.

"Duo Duo is a great lone traveler crossing borders of nation, language and history, as well as a resolute seer of some of the most basic, universal human values that have often been overshadowed in our troubled modern times: creativity, nature, love, dreams and wishful thinking," said Chinese poet Mai Mang, the pen name of Huang Yibing, who served on the Neustadt Prize jury.

"Relations between China and Africa are based on a balance of interests and providing the needs and demands of developing countries and establishing special relations with them."

Dr. Hani Raslan, head of the African studies unit of the Al-Ahram Center for Political and Strategic Studies based in Cairo

"China's own success in addressing malnutrition and bolstering food security stands as an example to the world that hunger can be beaten in a generation, especially when small farmers are given access to credit and markets."

Josette Sheeran, Executive Director of the World Food Program

"During the fight against the financial crisis, some serious corruption cases have surfaced, posing a great challenge to the global fight against corruption."

Chinese Vice Foreign Minister Song Tao, calling for enhanced cooperation in fighting corruption at the third session of the Conference of the State Parties to the UN Convention Against Corruption on November 9

"There has scarcely been a historical watershed as radical and as immediately visible as November 9, 1989."

German daily Koelnische Rundschau, in an editorial marking the 20th anniversary of the fall of the Berlin Wall

"These unequal power relations translate into unequal access to health care and unequal control over health resources."

Margaret Chan, Director General of the World Health Organization. The UN health agency said in its first-ever cradle-to-grave report on "Women and Health" that women are often deprived of health care in the crucial years of adolescence and old age due to social inequalities and neglect in male-dominated decision making

"We are not out of the woods yet."

British Chancellor of the Exchequer Alistair Darling, speaking at a meeting of the Group of 20 finance ministers and central bankers on November 7

"It shows nature's ability to thrive in the face of adversity."

Lloyd Peck, a scientist with the British Antarctic Survey, on a new study that shows Antarctica's ice loss helps offset global warming through the phenomenon known as carbon sink

Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved