Editor's Picks

When bees make virtue of austerity

Opinion | Foreign perspectives
2012-2-10

IN his classic "Fable of the Bees: or, Private Vices, Publick Benefits" (1724), Bernard Mandeville, the Dutch-born British philosopher and satirist, d...

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40 years of Sino-US ties see progress and challenges

Opinion | Foreign perspectives
2012-2-9

EDITOR'S note: This is the first of a three-part article adapted from the author's presentation to the Shanghai Institute of International Studies on February 6. The views are his own. I am honored to speak...

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America-China ties face multiple tough issues

Opinion | Foreign perspectives
2012-2-10

EDITOR'S note: This is the second of a three-part article adapted from the author's presentation to the Shanghai Institute of International Studies on February 6. The views are his own. After Deng Xiaoping...

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Effective laws and market can make successful yin cities

Opinion | Foreign perspectives
2012-2-8

FOR the first time in the long history of China, the number of city dwellers surpasses that of the rural people. According to the data released on January 16 by the National Bureau of Statistics, by the end of...

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Reality of private equity: It's not the demon

Opinion | Foreign perspectives
2012-2-8

LAMBASTING your political opponents is nothing new in a hardscrabble primary election. But lambasting your opponents because they are pro-business is a rather curious attack strategy. Yet this is exactly the attack...

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Respecting each others' core interests

Opinion | Chinese perspectives
2012-2-9

AS one of the most important bilateral relationships in the world, Sino-US ties have grown dramatically since the two countries normalized their relations 40 years ago. During the height of the Cold War in 1970s,...

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Rural poor benefit from poverty relief

Opinion | Chinese perspectives
2012-2-7

AFTER trekking dozens of rugged, rocky miles to gather firewood from China's southernmost virgin forest, Blang women doze around a fire in mountainous Bulangshan that borders Myanmar. The scene is like an exotic setting...

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Rethinking global pacts to provide food for the needy

Opinion | Foreign perspectives
2012-2-7

THE world's economic and political leaders stand warned: do globalization better, or it will be derailed by the growing legions of the discontented. Popular anger is directed not only at the bank bailouts, soaring...

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Stamping out scandalous official gluttony at public trough

Opinion | Chinese perspectives
2012-2-6

IN a rare move, People's Daily devoted a page on Tuesday to several readers' letters lambasting lavish official banquets for which the public is billed. One letter cites a banquet where there were 10 local subordinates...

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Business Books TOP FIVE US

Opinion | Book review
2012-2-4

1.THE Big Shift Baby boomers embark on the "Encore years." Marc Freedman | Copyright ? 2011 by Marc Freedman Published by Public Affairs, a member of the Perseus Group LLC 2011 | 206 pg. | ISBN: 9781586487850...

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Tapping masses' opinions can both help and hurt

Opinion | Shanghai Daily columnists
2012-2-4

STRESSING the importance of drawing on collective wisdom, a Chinese idiom says that "three cobblers with their wits combined surpass Zhuge Liang, the master mind." The meaning is clear: the wisdom of the masses...

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And now, scandal over tainted olive oil

Opinion | Chinese perspectives
2012-2-3

NO sooner had the dust from the latest twists of the DaVinci fake furniture scandal settled than a deluxe "Italian" product was in trouble again, sending yet another warning to fans of foreign brands. China's...

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Crisis can be wake-up call to fix economic ills

Opinion | Foreign perspectives
2012-2-3

WITH the world's industrial democracies in crisis, two competing narratives of its sources - and appropriate remedies - are emerging. The first, better-known diagnosis is that demand has collapsed because of...

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Obsession with debt reduction neglects people

Opinion | Foreign perspectives
2012-2-2

WHAT we really need, as Nobel Prize-winning economists Paul Krugman and Joseph Stiglitz point out in recent columns, is to get over the current obsession with debt reduction and instead focus on investing in our material...

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Migrants go west as factories relocate

Opinion | Chinese perspectives
2012-2-2

AS some manufacturers pull out of China's increasingly costly coastal regions and move to the hinterlands, many workers in traditional manufacturing hubs have decided to stay in their home provinces - a decision that...

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Rural-urban demographic shifts put China on development alert

Opinion | Chinese perspectives
2012-2-1

SINCE settling down in Guangzhou, the southern metropolis bordering Hong Kong, over 20 years ago, former farmer Zhang Xiyang from southwest China's Sichuan Province, has grown accustomed to celebrating the Spring...

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Daunting problems ahead as income gaps increase

Opinion | Foreign perspectives
2012-1-31

BY 2050, the world will experience a near doubling of the urban population to 6.2 billion - 70 percent of the projected world population of 8.9 billion. This means that we will have to build the same urban capacity...

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Humane treatment of hens shows ethics can triumph

Opinion | Foreign perspectives
2012-1-30

FORTY years ago, I stood with a few other students in a busy Oxford street handing out leaflets protesting the use of battery cages to hold hens. Most of those who took the leaflets did not know that their eggs...

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New facts on good Samaritan tests belief

Opinion | Chinese perspectives
2012-1-21

LAST year saw a spike in cases of "good Samaritans" wronged by the ungrateful, indeed malicious, people they had helped. As a result, many swear they won't help the needy, lest they nurse a viper in their bosom...

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Capitalism worsens income gap and fosters instability

Opinion | Book review
2012-1-21

THE late professor Hyman P. Minsky's "Stabilizing an Unstable Economy" explains why capitalism is inherently unstable and how government responses affect the economy. The work was first published in 1986, well...