Honda Motor Co. is spending $246 million to develop a new brand of car for the Chinese market. From Market Watch: A joint venture between Honda Motor Co. (7267.TO) and Guangzhou Automobile Group Co. is looking to strengthen its...
Read More“Shanghai SARs Alert,”2005, DearTerisa via Flickr.
Read MoreSanya, a Chinese city boasting several well-known beach resorts and host to the Miss World contest, will soon have a “green” luxury community. From Multi-Housing News: In a partnership with Tiafeng, a China-based developer, Kevin Kennon Architect PC (KKA) has announced his role as design architect of a luxury, mixed-use development in Sanya, a town […]
Read MoreFrom Bloomberg: China’s foreign-exchange reserves, the world’s largest, climbed to a record $1.33 trillion at the end of June, increasing pressure on the government to allow faster yuan gains. “China’s foreign reserves are too big and mopping up the liquidity that fuels inflation and asset bubbles is an administrative headache,” said Simon Derrick, chief currency […]
Read MoreChina’s General Administration of Quality Supervision, Inspection and Quarantine issued a statement that bans factories from using diethylene glycol in toothpaste, when a month ago Chinese officials ridiculed the U.S. Food and Drug Administration for “unscientifically” warning consumers about the diethylene glycol. From Forbes: China banned diethylene glycol – a thickening agent in antifreeze – […]
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