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34 People Who Are Carrying Way Too Much Stuff
In most western nations, goods are transported on trains, ships, and trucks.But in areas where those vehicles are less available, people and goods move from place to place by some rather creative...
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Here's Why Chinese Shadow Banking Is Still Accelerating
Every time regulators curb one form of non-bank lending, another begins to grow.IN THE town of Jingjiang, a few hours’ drive from Shanghai, Yangzijiang Shipbuilding is making 21 huge container ships...
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REPORT: Facebook Set To Open First Sales Office In China
(Reuters) - Facebook Inc plans to open a sales office in China to work with local advertisers, Bloomberg reported, citing people familiar with the matter.The world's largest social networking company...
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More Slowdown In China
Overnight we got fresh data in China that confirms a slowdown.Via BofA/ML, here's the scorecard. The top line shows the numbers that were reported vs. what was expected. In each case, numbers came in...
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China's Shadow Banking Sector Is Now Worth $4.4 Trillion
China's vast "shadow banking" sector is now valued at $4.4 trillion, according to the government's premier research group the Chinese Academy of Social Sciences (CASS) as it warned of potential risks...
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Nouriel Roubini Just Presented A New List Of Risks To The Global Economy
In financial circles, academic Nouriel Roubini is known as "Dr. Doom." On Wednesday morning at the SALT Las Vegas hedge fund conference, he tried to give a crowd full of journalists and financial...
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These Charts Show How Alibaba Became The World's Largest E-Commerce Company
Alibaba will soon be a publicly traded company in the U.S., but many observers still don't have a solid understanding of how the Chinese company grew to be the largest e-commerce company in the...
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The Philippines Accuses China Of Seizing Some Of Its Territory In The South...
MANILA (Reuters) - The Philippines accused China on Wednesday of reclaiming land on a reef in disputed islands in the South China Sea, apparently to build an airstrip, only a day after Washington...
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4 Ways Chinese Shoppers Are Different From Americans
When it comes to enthusiasm for shopping, Chinese consumers are far head of their British and American counterparts, according to the results of a recent survey.In research firm Millward Brown’s new...
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6 Reasons Why China Will Never Let Go Of Coal
China invests more than any other country in clean energy technologies, but as a US Energy Information Administration report published Wednesday shows, it remains heavily addicted to coal. Despite...
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Forget Sanctions Over Ukraine: Russia Scores Massive Gas Pipeline Deal With...
China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world's...
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Philippines Releases Photos Of China Building Something On Disputed Reef
The Philippines released photographs Thursday to back its claim that China was reclaiming land on a disputed reef in the South China Sea in an apparent effort to build an airstrip.Manila warned on...
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China's Escalation In The South China Sea Is Unprecedented
Anti-Chinese rioting in Vietnam, the result of protests that were tolerated and even encouraged by the country's authoritarian government, has left dozens dead this week. The uproar began when China's...
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Anti-Chinese Protests Have Broken Out In Vietnam — Here's Why It Could Be The...
Anti-Chinese riots in Vietnam have turned deadly. At least five Vietnamese workers and 16 others have been killed within the past day in an eruption of tensions in the region. The riots began as...
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China Blames Vietnam And Says It Won't Give Up An Inch Of Disputed Territory
A top Chinese general on Thursday defended China's deployment of an oil rig in the disputed South China Sea that has triggered deadly protests in Vietnam, saying Beijing can't afford to "lose an inch"...
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Pentagon Press Conference Turns Into Heated Debate Between Top Generals From...
A top Chinese general Thursday strongly defended Beijing's territorial claims over disputed islands in the South and East China Seas and charged that the U.S. rebalance of forces to the Pacific was...
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Chinese Men Searching For Wives Abroad Have Started A Disturbing Trend
KANDAL PROVINCE, Cambodia — Petite, soft-spoken and innocent Kai Sochoeun dreamed of a better life, away from the poverty she was born into in rural Cambodia.She passed her days fetching water from a...
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CHANOS: Macao Is Next
It's well known that famed short-seller Jim Chanos is bearish on China's growth. He's said that the country is on "treadmill to hell" in terms of its finances, especially because of massive...
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China Built A Prototype For A Train Capable Of Reaching 1,800 MPH
Scientists at Southwest Jiaotong University in China have built a prototype testing platform for a near-vacuum high-speed maglev train that is theoretically capable of reaching speeds up to 2900 km/h...
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Chinese Private Equity Isn't Ready For The World Stage
HONG KONG (Reuters) - China's biggest buyout firm, CDH Investments, is known as "The Blackstone of China" for its savvy deal making and spread of businesses, but last month's pulled IPO of pork...
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