“The world’s biggest retailer, Wal-Mart Stores Inc. , says it plans at least 10 new stores in China next year, joining other foreign retail giants in taking advantage of new rules letting them move into smaller cities. China’s $240-billion (U.S.) retail market, dominated by local firms such as Beijing Wangfujing Group and Wumart Stores, is […]
Read MoreBusiness Week has published a long report about the epidemic of suicide in China: “By now, readers of BusinessWeek are no doubt accustomed to seeing articles touting China as the new economic superpower that’s leading the world in this or that. Biggest cell-phone population. Fastest-growing Internet population. Manufacturing mecca. Favorite location for foreign direct investment. […]
Read MoreThis article about Lu Yuegang’s open letter is from Financial Times. Thanks to Peking Duck for blogging it. From Financial Times: “An open letter by Lu Yuegang, veteran reporter at the China Youth Daily, to a senior cadre at its parent Communist party Youth League has drawn widespread attention recently after being posted on the […]
Read MoreOpinion piece in the The Asian Pacifc Post slams Canadian government for “forking out tax dollars to companies like Nortel which is accused of helping China’s army of cyber cops round up and jail Internet...
Read More“The torrid pace of China’s industrial growth has generated serious over-investment in factories and other ventures that are straining the country’s resources. Electricity and water shortages are mounting, transportation bottlenecks are developing, and the first hints of inflation are showing up in official data.” “For Asia, a China slowdown would dent more than just trade […]
Read MoreLast Saturday, Financial Times ran a hugely entertaining article called “Message in a bottle.” (The website requires registration! 🙁 ) The author is Tim Clissold. As professor Rudolf Wagner puts it: it is an “exceedingly interesting extensive insider article on the establishment, quandaries, and eventual demise of a joint venture with a Peking beer brewer. […]
Read MoreGuangdong is China’s richest province, and also one that attracts the most foreign direct investment. In order to compete internationally, a conference was held in Guangdong to discuss th future of the province. 21 business leaders attended the conference, and they suggested that Guangdong should “boost education in technology and the sciences, improve its infrastructure […]
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