China Real Time Report

choi

(1) Paul Mozur, Report: China’s ‘Defend the Diaoyu’ iPad Game Taken Down. July 11, 2012.
http://blogs.wsj.com/chinarealti ... ad-game-taken-down/

(2) Lilian Lin, A Fine Fungus: ‘Himalayan Viagra’ Now Worth More Than Gold. July 11, 2012
http://blogs.wsj.com/chinarealti ... rth-more-than-gold/
(caterpillar fungus — or dongchong xiacao)

Two consecutive paragraphs:

"The fungus – grown in western regions including Qinghai, Sichuan and Tibet – is believed by practitioners of traditional Chinese medicine to give a person extra energy, though many (read: men) who take it are seeking to improve their sexual performance.

"That latter use has led to the fungus being referred to in some quarters as 'Himalayan Viagra.'

(3) Bob Davis, Steel City Blues: The View From Shaoguan. July 11, 2012.
http://blogs.wsj.com/chinarealti ... view-from-shaoguan/

Quote:

"Baosteel recently won approval to build an $11 billion plant in Zhanjiang, in southwest Guangdong which would make steel plates used in cars, machinery and appliances. That plant would have the capacity to produce 10 million metric tons of steel. But to get the central government’s approval for the new plant, Guangdong had to promise to cut more steel capacity than Zhanjiang adds, to avoid adding to a steel glut in the country. * * * Sections of old plants are bound to be shuttered as part of deals to build new ones. Shaoguan, which is able to produce 6.5 million metric tons and is one of the largest facilities in Guangdong province, is an obvious choice for some cutbacks.

"On Tuesday 9July 10], US steel market analyst Michelle Applebaum reported that China’s that China’s net steel exports in May jumped 5.8%, the highest in two years. Higher exports reflects waning domestic demand.

(4) Sandra Hu, Toilet Paper Abuse Prompts China Morality Debate. July 10, 2012
http://blogs.wsj.com/chinarealti ... na-morality-debate/
("Qingdao say they have spent around 1.5 million yuan ($236,000) since June 15[, this year] installing and stocking free toilet paper dispensers at public lavatories in 24 locations")