Dispatches from China

One world, many realities

When you read or watch the local or national news, you see one perspective. What you miss is how people in other places view the world around them.

As we digest trillion dollar deficits, bailouts, bankruptcies, record unemployment and a 15- to 20-percent reduction in our average personal net worth, the Chinese are in a different universe.

To give you a sense, here are several of the major business stories of the last week, with some added comments and explanations. Keep in mind that most of these posts are from government sources such as Xinhua and Beijing Review.

To read more, click here.

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