Herbalife Raises Forecast After Seeing Huge Sales Growth In China
(Reuters) - Herbalife Ltd <HLF.N>, the nutrition products company accused by billionaire investor William Ackman of being a pyramid scheme, raised its forecast for the first quarter of 2014 on...
View ArticleApple Gains A Measly 1% Of Market Share In China Last Quarter (AAPL)
Apple has just a sliver of the smartphone market in China, according to the latest numbers from IDC, via WSJ.Here, in order of size are the five biggest smartphone sellers in mainland China, per...
View ArticleSome Of China's Top Leaders Are Apparently Obsessed With 'House Of Cards'
The country of China, including some of its top leaders, can't get enough of the Netflix drama "House of Cards,"The Washington Post's William Wan reports.On Sohu, the Chinese equivalent of Netflix,...
View ArticleEconomists Explain Why China's Ugly Manufacturing Report Should Be Ignored
China's HSBC flash (preliminary) manufacturing purchasing managers' index (PMI) fell to a seven-month low of 48.3 in February. This was significantly worse than the 49.5 reading expected by...
View ArticleToday's Sell-Off Is Looking Like Déjà Vu All Over Again
Today's global market sell-off really got started once China's ugly HSBC flash manufacturing PMI report crossed the wires. Falling to a seven-month low of 48.3 in February, the PMI index suggested that...
View ArticleWelcome To The Shopping Mall Of The Future
Latitude Studio, based in Barcelona and Beijing, have unveiled designs for a showroom exhibition centre in China’s capital city. Integral to the design is how visitors circulate and interact with the...
View ArticleExpect China To Face Plenty Of Setbacks On Its Way To The Top — Just Like The US
China's economy grew 7.7% in 2013, its lowest rate of growth since 1999. This comes as Beijing is making efforts to curb credit growth and rebalance the economy away from one being led by investment...
View ArticleCHINA: Obama Meeting With The Dalai Lama Would Cause 'Serious Damage'
BEIJING/WASHINGTON (Reuters) - China urged the United States on Friday to scrap plans for President Barack Obama to meet exiled Tibetan spiritual leader the Dalai Lama later in the day, warning it...
View ArticleLocal Government Debt And Environmental Issues Will Top Agenda During China's...
The National People's Congress (NPC), a meeting of China's top legislature, kicks off on March 5.This is the first NPC meeting to follow on the crucial third plenum back in November and will garner a...
View ArticleChina's Currency Just Saw Its Biggest Weekly Drop Since 2011
The value of Chinese yuan traded in offshore markets fell 1.3% against the U.S. dollar this week, marking the currency's biggest weekly decline since 2011. A large portion of the move came on Friday,...
View ArticleUS Military Bans 'Made In China' American Flags
American flags not made in America are now banned from U.S. military installations, reports CBS News.California Rep. Mike Thompson, a Vietnam War veteran and Purple Heart recipient, wrote the...
View ArticleChina Is Furious Over Obama's Meeting With The Dalai Lama
WASHINGTON/BEIJING (Reuters) - President Barack Obama held low-key talks with the Dalai Lama on Friday, prompting the Chinese government to ask why the White House ignored Beijing's warnings that the...
View ArticleWe Asked 6 Experts The Same Question — What Worries Them The Most About...
Chinese GDP growth slowed to 7.7% last year, hitting its lowest level since 1999.Some of the biggest issues we're seeing in the headlines these days are concerns over shadow banking, rising local...
View ArticleChina Has Become Very Concerned About Stability In Afghanistan
KABUL (Reuters) - China urged its neighbor Afghanistan on Saturday to embrace an inclusive political solution to its long-running conflict during a rare visit by a top Chinese official, who said the...
View ArticleBeijing Raises Pollution Alert Unprecedented Level As Smog Gets Even Worse
Beijing suffered some of its worst smog levels ever starting Friday, when the Chinese government raised the city’s four-tiered smog alert to “orange,” the second-highest level. The alert prompted...
View ArticleI Explored China’s Biggest Ghost City And It’s Even Crazier Than People Think
Built for over a million people, the city of Ordos was designed to be the crowning glory of Inner Mongolia. Doomed to incompletion however, this futuristic metropolis now rises empty out of the deserts...
View ArticleChinese Home Price Growth Slows (FXI, EWH)
Chinese now home prices were up 9.6% year-over-year in January. This was down from 9.9% in December.Home prices were up in 69 of 70 cities surveyed.CNBC's Dierdre Wang Morris pointed out that Chinese...
View ArticleVolatility In China's Currency Could Mark The Start Of A Big Shift In Policy...
After rising 3% against the U.S. dollar in 2013, the onshore yuan (CNY) weakened against the greenback last week. The offshore yuan (CNH) also fell.UBS' Tao Wang writes that "the era of steady CNY...
View ArticleTwo Simple Charts Show Why China Is Losing Business To Its Emerging Market...
Chinese GDP growth hit its lowest level since 1999 last year. Part of the slowdown is being driven by Beijing's efforts to rebalance the economy away from exports and investment-led growth to domestic...
View ArticlePHOTOS: The 'Zombie Mills' Of China
China's Hebei province accounts for about 25% of the nation's steel output, but that fell to under 20% in the last two months of 2013, reports David Stanway at Reuters.Beijing has said that it is...
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