Kate Zhao graduated from the Graduate School of Communication at Zhejiang University, with a major in cross-culture communication. She has worked as both a full-time and part-time business reporter at various Chinese media such as China Business, China Marketing, New Marketing, and 21st Century Business Herald. She also worked as a public relations manager for Crest brand at P&G Greater China in Guangzhou.
From People’s Daily: Beijing ‘s power supply network is groaning under the strain this week as more families and businesses are forced to switch on the air conditioners in the early summer heat. The city’s peak electricity demand hit 10.51 million kilowatts at 3:50 p.m. on Friday, the highest so far this year, said sources […]
Read MoreFrom Financial Times: China’s leaders often lament the fact that up to 90 per cent of corporate financing in the country still comes from bank loans – pointing to the need for more efficient capital markets and a domestic private equity industry. But with a change in regulations introduced quietly last week, Beijing has moved […]
Read MoreFrom BBC News: China’s largest drinks maker Wahaha, has said it will not accept French firm Danone ‘s choice as the new chairman of the two companies’ joint venture. Escalating a dispute between the two groups, Wahaha’s comments come after its founder Zong Qinghou stood down as boss of Wahaha Joint Ventures. Mr Zong said […]
Read MoreFrom Reuters, via News.Scotmans.com: A senior Chinese official has committed suicide after coming under investigation for economic crimes, overseas media reported on Friday, one of the highest-ranking officials to kill himself in three decades. Two government sources told Reuters Song Pingshun had died but declined to provide further details. He was 61. Song, chairman of […]
Read MoreFrom The News Tribune.com: An elderly bishop in China’s underground Catholic church has been detained again by police, nine months after his release from their custody, a U.S.-based monitoring group said Thursday. Bishop Jia Zhiguo, 73, was taken away Tuesday by security agents in the northern city of Zhengding , the Cardinal Kung Foundation said […]
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