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Media Report
November 13 , 2015
  • The Atlantic：China's Dream Factory
    The Atlantic reports from Qingdao on the vision of China's richest person: "Wang wants to make such collaborations routine—and to eventually create one of the world's premier entertainment companies. It may sound like folly. For all the strengths of China's economy, the country has made few successful forays into high-end, globally competitive creative industries. And the government's censorship would seem to limit the creative freedom that the film industry demands. Yet it is hard to dismiss a man with Wang's talent and track record. The enormous bet his company is making at Qingdao mirrors investments made in manufacturing across China in the 1990s and early 2000s. It isn't that hard to envision moviemaking coming to resemble the making of iPhones—with design in California and production in China. But Wang's ambition is larger: He wants to create a cultural platform that is in every sense Hollywood's rival."
  • Time Magazine：U.S. Military Aircraft Continue to Test Beijing's Claims to the South China Sea

    Time Magazine reports, "Two U.S. B52 bombers flew near man-made islands in the South China Sea, despite being contacted by Chinese air traffic control, the Pentagon said Thursday. During the overnight operation on Nov. 8-9, the aircraft did not pass within the 12-nautical-mile radius that China claims around the artificial islands, Reuters reported Pentagon spokesperson Commander Bill Urban as saying. It was a 'routine mission,' Urban said."

  • Wall Street Journal：China Securities Official Is Under Investigation

    The Wall Street Journal reports, "China's anticorruption campaign pushed further into the financial sector with a government notice Friday that a vice chairman of the stock market regulatory agency is under investigation. The Chinese Communist Party's Central Commission for Discipline Inspection said in a brief statement that China Securities Regulatory Commission Vice Chairman Yao Gang is suspected of serious violations of discipline, language the antigraft body uses for suspected corruption. Mr. Yao, who wasn't available for comment, has served as a vice chairman of the regulatory agency since 2009 and is among the Communist Party's top officials. One of four vice chairman at the regulatory agency, the 53-year-old has headed since 2002 the regulator's powerful listing department that chooses which companies can go public on the stock exchanges of Shanghai and Shenzhen."

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