China Approves Wal-Mart E-Commerce Deal

Despite Wal-Mart’s turbulent run in China, the Arkansas based company has now received approval for its previous bid to raise its stake in an online supermarket. From Reuters: Wal-Mart had said in February it would raise its...

China Welcomes Golden Year of The Dragon

With news that mainland Chinese gold imports hit a record high in November, The Wall Street Journal reports that Chinese demand for gold has propped up global prices as consumers and investors alike stock up on the precious...

CDT Money: Indicators: Slowdown?

Editor’s Note: This is the first installment of a new column, CDT Money, a once-a-week roundup of business and economic news from China. We’ll be giving an overview of business and economic trends from the...

Orville Schell: How Walmart Is Changing China

Orville Schell, Arthur Ross Director of the Center on U.S.-China Relations at the Asia Society, visited Wal-Marts across China and has written a lengthy piece for The Atlantic looking at the “interactive”...

The End of Cheap, as Chinese Labour Dries Up

The Financial Times’ beyondbrics blog suggests that rising wages in China could spell the end of the cheap, plentiful manufactured goods to which Western consumers (or overconsumers) have become accustomed. $11 for a pair...

China’s Export Economy Begins Turning Inward

From the New York Times: For years, Chinese leaders looked to the millions of poor workers from the country’s interior as the engine of a roaring export economy. They would move to coastal provinces, toil in factories and churn...

China’s Rich Throw Lifeline To West

From Asia Times Online: As world leaders at recent gatherings such as the Group of 20 countries and the International Monetary Fund pledge to rebalance world trade, with the implication of a stronger Chinese currency, Western...

Global Brands Turn To China’s Young Amid Slump

From AP: In her Vans cap, Quiksilver shirt and Adidas shorts, 19-year-old Terry Zhong is a walking checklist of sports brands as she sets out on a weekly shopping trip with a 500-yuan ($73) budget. Global economic gloom has...



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