Diaoyu Islands

Briefs, September 30, 2012

PUBLISHED : Sunday, 30 September, 2012, 12:00am
UPDATED : Sunday, 30 September, 2012, 4:13am

Critic who made Diaoyu remark says he's home

Staunch government critic Jiao Guobiao has gone home, he said on his microblog after being held by police for almost two weeks over provocative online remarks on the Diaoyu Islands dispute between China and Japan. A message on the former journalism professor's microblog said he was safe and "there is no need to discuss things that have passed", and declined interviews. Rights groups said he was taken away by police on September 12 after posting sarcastic comments that he would donate money to help Japan purchase the Diaoyu Islands - a move likely to have angered the authorities. He was released on the 23rd but continued to be held at a hotel until late last week. Verna Yu


Ecuador signs trade, loan deals with China

Ecuador said it had signed trade and loan accords worth about US$124 million with China, including loans for road projects and a deal to boost fruit exports from the South American nation. China agreed to give Ecuador an US$80 million credit line to finance road projects, will buy US$33 million in agricultural products and said it would donate equipment and services worth about US$11.2 million, Ecuador's Foreign Ministry said. Bloomberg


Baidu looking to make money from mobiles

Baidu CEO Robin Li said China's biggest internet companies had yet to figure out the best way to make money from mobile devices, and he was patiently experimenting with business models. About 25 per cent of Baidu's R&D spending is on mobile, even though smartphones make up less than 10 per cent of the company's total sales, Li said at the China 2.0 conference at Stanford University in California. Mobile sales at least tripled this year as Baidu rolled out products, he said. "Exactly when it will become a material source I don't know," Li said. Bloomberg


Facebook users in China rise eightfold

Facebook shares advanced after GlobalWebIndex said the social-networking site had seen an eightfold increase in users in China since access to the service was restricted in 2009. Facebook users in China, the world's largest internet market, numbered 63.5 million in the second quarter of this year, up from 7.9 million in 2009, the London-based researcher said in a blog post. "It only takes a little bit of desk research to discover that what is called the Great Firewall is actually much more porous than the Chinese government would like to admit," the firm's founder said. Facebook gained 7.3 per cent to US$21.80 in New York for its biggest intra-day jump since September 12. Bloomberg