From Xinhua: Over 85 percent of medium-size and small stock investors in China have incurred losses in the first half of the year, with their loss rates ranging between 30 to 50 percent, the China Securities Journal reported here Monday. Citing a survey on 2,792 investors in 20 major cities by the Huading Market Survey […]
Read MoreFrom China Daily: Sex just once a week is totally unbearable,” reads complaint letter to a popular newspaper based in Shenzhen, a boomtown in South China’s Guangdong Province that is built on the shoulders of countless migrant workers. The letter, sent by over 30 migrant workers, all married men in their robust 20s or early […]
Read MoreFrom the Los Angeles Times: When Liu Chuan-zhi started a personal computer business in 1984 off “Swindler’s Alley,” Beijing’s electronics black market, he could never have imagined it would one day buy IBM Corp.’s PC business. Similarly, the firm of Clifford Chance, which handled the Lenovo-IBM deal, would have had little idea that within 20 […]
Read MoreFrom Reuters: China’s ruling Communist Party turned 84 on Friday, trumpeting an increase in young new members and calling itself the world’s largest political party in terms of membership. The party, which has monopolised politics in the world’s most populous nation since 1949, added 2.4 million new members to its ranks last year, bringing its […]
Read MoreFrom AP, via MSNBC.com: As the Chinese summer heats up, civil servants in the capital have been told to dress down to save on energy, state media said Friday. With many cities in China facing severe power shortages, the Beijing city government has given its staff the go ahead to dress casually for internal meetings […]
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