China and US strike deal on carbon cuts in push for global climate pact by Lenore Taylor, Guardian Australia political editor, Tania Branigan in Beijing and agencies, theguardian.com, Wednesday 12 November 2014 06.54 GMT; "Barack Obama aims for reduction of a quarter or more by 2025, while Xi Jinping sets goal for emissions to fall after 2030...The United States and China have unveiled a secretly negotiated deal to reduce their greenhouse gas output, with China agreeing to cap emissions for the first time and the US committing to deep reductions by 2025... The pledges in an agreement struck between President Barack Obama and his Chinese counterpart, Xi Jingping, provide an important boost to international efforts to reach a global deal on reducing emissions beyond 2020 at a United Nations meeting in Paris next year.... China, the biggest emitter of greenhouse gases in the world, has agreed to cap its output by 2030 or earlier if possible. Previously China had only ever pledged to reduce the rapid rate of growth in its emissions. Now it has also promised to increase its use of energy from zero-emission sources to 20% by 2030...." http://www.theguardian.com/environment/2014/nov/12/china-and-us-make-carbon-pledge
4 November: Macau Casino Revenue Drops Record 23% as Austerity Bites By Billy Chan Nov 4, 2014 1:29 PM GMT+0800; "Macau’s casino revenue plunged by the most since the city started monthly records in 2005, as China’s crusade against corruption prompted gamblers to cut back on lavish spending...."
1 November: anti-corruption hits demand?
Chinese govt officials told to shun mahjong Published on Oct 29, 2014; The commentary was the latest in a series of state-issued broadsides against official extravagance, as Chinese President Xi Jinping attempts to improve the Communist Party's image in response to widespread anger over endemic corruption. Chinese officials have held secret sauna parties and have been hiding alcohol in plastic water bottles as they seek to get around a crackdown on extravagance, according to the People's Daily last year. "Constant reports of saunas held at farm houses" were evidence of a growing culture of "low-key extravagance" that was damaging the new President's anti-corruption drive, it reported. The Chinese government on Monday issued a ban on private clubs in historical buildings and parks, which are often frequented by officials, state-run media reported. The campaign against graft has been blamed for falling sales of luxury items, and has hit business at expensive hotels and restaurants. - See more at: http://www.straitstimes.com/the-big-story/asia-report/china/story/chinese-govt-officials-told-shun-mahjong-20141029#sthash.xtRmSRYR.dpuf
Xinhua Insight: Who are the winners of China's anti-corruption drive? English.news.cn | 2014-10-14 21:56:01 | Editor: Fu Peng; Now after more than 22 months since late 2012, the campaign is still going strong and likely to continue. Tens of "tigers" above the ministerial level have fallen, including a former member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC)Central Committee. Xinhua reported earlier this month that restaurant owners in several places have demanded local governments pay their debts, which accumulated in the form of IOUs and at the cost of taxpayers. Even the hairy crab, a high-end delicacy mainly enjoyed by government officials, saw its first price cut in 12 years in September and can now be easily bought by ordinary people. http://news.xinhuanet.com/english/china/2014-10/14/c_133716535.htm