Treehugger wonders what happens “when China’s green goals clash against red ones” as encouraging environmental activism would seem contrary to the jailing of those who do just that (not that China is the only country to do something like that.)
Meanwhile, in an almost comical development, Citic, a Chinese state-owned investment company, is considering buying a stake in major Wall Street investment bank Bears Stearns. Everyone seems to be dancing around the obvious fact that this would mean a major piece of a capitalist titan would then be owned by a communist government.
