"You can't do that for free," he says, referring to healthcare and other programs, "and you can't take out a credit card from the Bank of China in the name of our children and our grandchildren," he says, referring to McCain's plans.

This is Obama speaking (h/t Politico), trying to use China (again) as a bogeyman. [...]

Inflation and economic growth have slowed slightly in China as price controls have limited the cost of many essentials and exports to the United States have weakened, the Chinese government announced Wednesday.
But the latest figures, for inflation in March and for economic output in the first quarter, also showed that prices were still rising at [...]

A bit of a change of pace for China Briefing, but certainly a welcome one. Gotta love history factoid posts, and after reading this article, I am ready for the cocktail party circuit, where I can wow the crowd with my encyclopedic knowledge of Chinese financial history.
Seriously, this is cool shit, complete with pics of [...]

Yesterday, I posed the question whether the U.S. FDA had the resources to adequately conduct inspections over here in China. Here is one opinion, and it's a negative one:
The FDA is overburdened and underfunded; it has trouble policing domestic pharmaceutical companies adequately. So how does the government and pharmaceutical companies think they can adequately monitor [...]

Police have arrested five men and 11 women aged 20 to 47 in connection with a suspected credit card fraud syndicate, seizing forged documents and recovering goods purchased with bogus cards.

News from the Legal Affairs Office of the State Council is that China has put the drafting of Data Safety Rule, a law that intends to protect the safety of personal information, on its legislative plan of this year.
Chinese media People.com.cn recently conducted a survey on the disclosure of personal information and showed that 90% [...]

Because of distribution of unauthorized television programs, eight netcafes and TV program providers in Shanghai have been sentenced to pay a total of RMB65000 in fines.
The eight violators include Shanghai Qiangming Gongzhong Computer House; Shanghai Zhiye Computer Technology Co., Ltd; and Shanghai Kuanwu Digital Technology Co., Ltd. Beijing No. 2 Secondary People's Court held a [...]