Word: chen
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...probably not done yet. "Our outlook is that home prices will continue to fall, bottoming by the end of this year, but it won't be until the end of 2010, maybe even 2011, that we'll see steady price gains," says Celia Chen, an economist at Moody's Economy.com. Chen and her colleagues predict that home prices, as measured by Case-Shiller, are due to drop some 30% from their early-2006 peak. We're only about two-thirds of the way there. (See pictures of Americans in their homes...
...LUCY D. CHEN...
...Staff writer Lucy D. Chen can be reached at lucychen@fas.harvard.edu...
...Internet shows how difficult it can be to control freelance online investigations of officials, even by the very officials tasked with controlling the Internet. The post's author claimed to be a reporter from the state-run Xinhua News Service whose daughter twice went to dinner with Chen, the deputy director in the Beijing Internet Propaganda Management office. Xiao Qiang, head of the Berkeley China Internet Project, said that within hours of the anonymous story's posting, it had migrated to thousands of other sites despite efforts by official censors to block its spread. Xiao calls this type of online...
...speed with which the post spread suggested that the managers of some Chinese websites, who are required by the state to purge their chat rooms and blogs of material critical of the government, may have been slow to block an attack on an official who oversees their industry. "Mr. Chen was really arrogant," read the post, according to a translation by China Digital Times, a website run by the Berkeley China Internet Project. "When he talked about the websites under his management, it was like he was talking about his own pets. He said: 'The orders from above (about...