From the Jacksonville Business Journal: China is a wonderful and awe-inspiring place to do business. It is also fraught with obstacles and danger. First and foremost, doing business in China requires time, patience, flexibility and open-mindedness — as well as a clear focus on end goals as opposed to a “win quickly” philosophy. China trade […]
Read MoreThe Voice of America writes about a new research report from climatologists at the University of Sussex which argues that the West, and especially the United States, bear the blame for China’s carbon emissions due to their addiction to all things “Made in China”: A report published by the Tyndall Centre, a climate change research […]
Read MoreForbes Options Watch column reviews the performance of several Internet companies this weekend, including Baidu and Sina: Baidu.com (nasdaq: BIDU – news – people ) is considered to be the “Google of China,” as it is in the nation’s leading Internet search provider. This week, the company announced plans to enter the world of e-commerce […]
Read MoreFrom Bloomberg: Hu Jintao can’t be happy. Just as 2,200 Communist Party delegates gathered in Beijing to grant him another five years as Chinese president, the Dalai Lama grabbed the global spotlight. Whether by coincidence or design, the U.S. Congress gave Tibet’s spiritual leader its highest civilian award the same week China hosted its National […]
Read MoreFrom Toronto Star: When Toronto was bidding to host the 2008 Olympic Games, the mayor of Rome gave the bid team some advice, having just lost Rome’s bid to host in 2004 to a sentimentally attractive campaign by Athens. According to Francesco Rutelli, the IOC veers between safe “technical” bids and “political” bids representing a […]
Read MoreFrom Reuters: China on Monday exercised its right to temporarily block a World Trade Organisation (WTO) investigation into Chinese rules affecting the sale of U.S. films, music, books, magazines and newspapers, diplomats said. In its complaint to the WTO’s Dispute Settlement Body, Washington argues that China unfairly limits who can import and distribute entertainment products, […]
Read MoreFrom AFP: A fire erupted at a shoe factory in southeast China, killing 37 people in the latest industrial accident to hit the world’s fourth-largest economy, officials and state media said Monday. The blaze at the Feida workshop, located near the city of Putian in coastal Fujian province, broke out at 9:50 pm (1350 GMT) […]
Read MoreFactories near Lijiang beware: Local companies face a maximum fine of one million yuan (US$146,000) if they fail to meet annual targets of energy consumption and emission reduction, sources with the local environment protection bureau said. The companies will lose tax rebates and other preferential policies, and are threatened to be shut down if they […]
Read MoreLi Xinde, the renowned citizen journalist who lugs his laptop across the country in search of wrongdoing to expose, has added another trophy to his corruption shelf. This one is the biggest so far. Translated by CDT from Yulun...
Read MoreFrom Independent: In the days of Chairman Mao, capitalists were “counterrevolutionaries” and “poisonous weeds”, but China’s Communist Party has ceded some ground of late to “capitalist running dogs” and now lists people like Chen Ailian, a sharp-suited entrepreneur, among the ranks of cadres. She is a successful car component maker who sees no conflict between […]
Read MoreFrom Bloomberg: The Group of Seven’s united campaign for faster yuan gains means China risks increasing tensions with major trading partners as U.S. Treasury Secretary Henry Paulson and European Central Bank President Jean-Claude Trichet prepare to visit Beijing. Paulson, Trichet and the rest of the G-7 called on Oct. 19 for an “accelerated appreciation,” the […]
Read MoreWhile it has the largest population in China, Sichuan is vastly more famous for it’s food, known as Chuan Cai (Â∑ùËèú). The province goes to great lengths to promote its cuisine. In February, Sichuanese they built the largest hot pot in Asia, and, more recently, held a massive Rib Eating Competition. The winner, pictured below, […]
Read MoreFrom Financial Times: In designing his economic policy programme for the next five years, President Hu Jintao is well advised to seek counsel from someone virtually unknown to those Chinese who came of age in the 1990s. He is Wan Li, 91 years old and still intellectually alert. Mr Wan was a special guest at […]
Read MoreFrom AP: China’s investment in factories, real estate and other urban assets rose 25.7 percent in the first three quarters of this year from the same period last year, a central bank official said Sunday, despite curbs meant to prevent runaway spending. The government is trying to rein in investment in real estate and industries […]
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