From Financial Times: Danone, the French food and drinks group, has initiated legal action against its main joint venture partner in China, raising the stakes in a ferocious dispute that has threatened the future of the lucrative drinks business. The French group has sent a letter to Zong Qinghou, the chairman of its joint venture […]
Read MoreFrom The Standard: The buoyant China stock market has become the world’s sixth largest – displacing Hong Kong – after mainland shares extended their spectacular gains in the past month. The combined market capitalization of the Shanghai and Shenzhen bourses, including A shares and B shares, reached 13.95 trillion yuan (HK$14.106 trillion) Tuesday after the […]
Read MoreFrom Financial Times: In China, even when you’re an elf, the authorities want to know who you are. Under a “real name verification system” to crack down on internet usage – and prevent internet addiction among the young – Chinese police are to check the identity card numbers of all would-be players of internet games. […]
Read MoreFrom The Wall Street Journal: In the Bush administration’s “good cop-bad cop” approach to trade relations with the Chinese government, yesterday was a “bad cop” day. As expected, the government said it would file a pair of cases in the World Trade Organization against China aimed at piracy and counterfeiting of U.S. intellectual property. U.S. […]
Read MoreFrom AP via The International Herald Tribune: The newly elected leader of Taiwan’s main opposition party will visit China by the end of this month, a senior member of the party said Monday. Wu Poh-hsiung, elected Saturday as chairman of the Nationalist Party, is expected to visit China with other party officials for a meeting […]
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