From Reuters via the Boston Globe (link) So much so, the Shanghai native says, she considered trying to throw herself in front of Chinese Premier Wen Jiabao‘s car this month after his annual press conference, in a last ditch bid to draw attention to a festering property dispute. But when two women in front of […]
Read MoreFrom the Financial Times (link) Plans to launch an Asian Currency Unit (Acu) to help develop regional bond markets and promote monetary co-operation have been delayed by political and technical arguments over which currencies to include and how the weighting system would work, say people familiar with the project. “There is agitation over which currencies […]
Read MoreFrom the Los Angeles Times (link) Taiwan and China quibble about everything from diplomatic slights and hidden meanings to ancient history and obscure definitions. So perhaps it’s not surprising that they’d argue over two chubby animals that bite each other’s ears and have trouble procreating. China’s latest weapon in its increasingly effective charm offensive against […]
Read MoreFrom the Chicago Tribune (link): In the storm of losses and layoffs at General Motors Corp. in the U.S., a different recent announcement drew little notice: For the first time, GM has overtaken Volkswagen as the No. 1 automaker in China. While U.S. carmakers roll out behemoth SUVs that are out of step with gas-conscious […]
Read MoreFrom Bloomberg News via the International Herald Tribune (link) Li Ka-shing, the billionaire who made his first fortune in Hong Kong real estate, said Thursday that he had invested more than 100 billion Hong Kong dollars, or $13 billion, in property in China and planned to buy more. Li, 77, who stated that he had […]
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