PetroChina's recent decision to buy Singapore Petroleum Co. for up to $2.2 billion in cash must seem especially sweet to China's oil executives. They've been smarting ever since the U.S. blocked their 2005 bid to buy Unocal for national-security reasons.
Officials in China's devastated Sichuan province are getting a crash course in a novel concept: accepting philanthropy. Since the May 12 earthquake that killed nearly 70,000 people and destroyed homes across the region, millions may have been lost because officials were leery of taking money from nongovernmental organizations and private donors.
Visitors to the Games will find the newly spruced-up Beijing cleaner—and blander
The Sichuan earthquake could change the way Chinese see their leaders.
On May 8, mountaineers finally raised the Olympic torch atop Everest, beating high winds and snowstorms that destroyed their camps and rope routes. Official congratulators noted how admirably the team had overcome their difficulties.They deserve their success.
Every Olympic host takes counterterror precautions before the Games. But Beijing's housecleaning also includes foreign activists seeking the Olympic spotlight, some of whom condemn what they call the "Genocide Olympics." Chinese officials have also promised to deal harshly with any illegal protests by domestic dissidents.