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Bill Ackman Slams Herbalife's China Business Practices (HLF)
Hedge fund manager Bill Ackman, who runs Pershing Square, gave another presentation on Herbalife.This time it was on Herbalife's business practices in China. Pershing Square says they have done an...
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Here's The Latest Sign That China's E-Commerce Market Is White Hot
The Chinese e-commerce market is becoming an extremely competitive space.With lots of dollars at stake, companies that were not originally e-commerce focused are expanding their services to include...
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We Need To Get Past The 'Made In China' Fallacy
Every month, we are greeted with trade figures released by the Census Bureau. Over the past decade in particular, those figures have taken on added weight, largely because of the reported trade deficit...
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How China's Official Bank Card Is Being Used To Smuggle Billions Of Dollars...
MACAU (Reuters) - Growing numbers of Chinese are using the country's state-backed bankcards to illegally spirit billions of dollars abroad, a Reuters examination has found.This underground money is...
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Nine Arrested Over Stabbing Of Hong Kong Newspaper Editor
HONG KONG (Reuters) - Police in Hong Kong and China have arrested nine men with suspected links to organized crime for the stabbing of a prominent Hong Kong journalist, the territory's chief of police...
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Meet The Chinese Social Network That's More Valuable Than WhatsApp And More...
When condom maker Durex wants to send an intimate message to customers in China, it uses a homegrown instant messaging platform called WeChat which has taken the country by storm in just three...
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People Are Starting To Freak Out That China's 'Lehman Moment' Is Imminent
After years of incredible growth, China's credit-fueled economy is slowing down.And with that has come, for the first time in Chinese history, domestic corporate bond defaults.Shanghai Chaori Solar...
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The Copper Market Meltdown Isn't Just About China Slowing Down (JJC, COPX, CU)
Copper prices have been melting down.Shanghai-traded copper futures fell over 5% on Wednesday hitting their lowest level since July 2009. Copper prices are down 8.2% in the last three trading sessions...
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China's Premier Li Says Some Bond Defaults Are Just 'Hard To Avoid'
BEIJING (Reuters) - China Premier Li Keqiang signalled that his government will not ride to the rescue of every troubled investment by saying some loan defaults are "hard to avoid" in what he called a...
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More Bad Economic Data Out Of China
BEIJING (Reuters) - China's economy slowed markedly in the first two months of the year, with growth in investment, retail sales and factory output all falling to multi-year lows, a surprisingly weak...
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MARC FABER: China Doesn't Have A Credit Bubble — It Has A Gigantic Credit Bubble
China's economy is only growing at just over half the rate that authorities are reporting, perennial contrarian commentator Marc Faber, editor and publisher of The Gloom, Boom and Doom Report, told...
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Panasonic Will Pay Their Employees In China Extra For Living With Pollution
Japanese electronics giant Panasonic said Thursday it would give employees sent to China a wage premium to compensate for the country's hazardous air pollution, in a possible first for an international...
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Wall Street Economists Are Hacking Their China Growth Forecasts
Earlier today, China released a slew of weaker-than expected February economic data. Growth in industrial production (+8.6%), retail sales (+11.8%), and fixed asset investment (+17.9) all...
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China's Futuristic New Airport Terminal Looks Like A Manta Ray [PHOTOS]
A new terminal at the Shenzhen Bao'an International Airport in Shenzhen,which opened late last year, is helping to alleviate the problem of China's overcrowded airports. Terminal 3 mirrors the look of...
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11 Ugly Charts That Confirm China's Dramatic Slowdown (FXI, EWH)
During the National People's Congress, China's policymakers announced that it would target 7.5% GDP growth target for 2014.This is down from 7.7% growth in 2013, and the recent data shows that the...
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One Shot Dead After Knife Attack In China
BEIJING (AP) — One person was shot dead and another captured after a knife attack in a Chinese market Friday, a state news agency said.The Xinhua News Agency said people were killed and injured in the...
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Economists Were Totally Blindsided By This Month's Ugly Chinese Data
In the past week, we got the February tallies of Chinese exports, industrial production, retail sales, and fixed asset investment.All of the numbers were disappointing, and they all missed economists...
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China's Slowdown Has Far Wider Implications Than The Crisis In Ukraine
Geopolitical events such as the Ukrainian crisis come and go, but the economic and financial problems in China have far wider market and financial implications. Today, China officially released a slew...
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China's Military Spending: At The Double
China's fast-growing defence budget worries its neighbours, but not every trend is in its favour.On the first day of the annual session of the National People's Congress last week, China announced a...
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Chinese Clinics Offer Horrible 'Cures' For Homosexuality
The Confucian desire to be a dutiful son or daughter can lead to horrible therapies.In 2011 Lin Yan attended the Chuanwei Psychological Counselling Centre in Shenzhen, a southern city. Worried that his...
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