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Chinese Consumer Prices Surge
Chinese consumer prices climbed 2.5% year-over-year in May.This modestly beat expectations for a 2.4% rise and compares with a 1.8% rise in April.Meanwhile, producer prices fell 1.4% YoY. This was...
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The Biggest Problem Facing Chinese Corporations
Back in May China announced a targeted reserve requirement ratio (RRR) cut to support economic growth. We got details on this cut on Monday. But to think that an RRR cut can help boost growth may be...
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China's Richest Consumers Are Fleeing The Country
Money may be able to buy many things, but even China’s ultra-rich can’t instantly make their country’s air cleaner, its food safer, or its schools on par with the likes of Harvard. It can buy something...
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Here's What You Need To Know About The Crisis In The Chinese Metals Market
A scandal surrounding metals-wear housing is rocking Asian markets.At issue are numerous loans that have been made with copper and aluminum pledged as collateral. The growing concern is that the same...
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China's Death Industry Is Going To Boom
The death industry is about to become big business in China.Bank of America Merrill Lynch is out with a massive report on what it calls the "longevity revolution."Among myriad topics, BAML discusses...
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24 Photos Of China's Insanely Stressful College Entrance Exam Process
Nearly 9.8 million Chinese high school students took the National College Entrance Exam, called gaokao, on June 7 and 8.The emphasis on a two-day test has sparked criticism from some educators because...
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Chinese Yuan Sees Biggest Weekly Jump In Years
The Yuan climbed 0.64% against the dollar this week, the most since December 2011, writes Robert Savage at Track Research.The People's Bank of China lowered its USD/CNY fixing by 257 pips (price...
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Chinese Hackers Are Practicing How To Blow Up US Pipelines And Shut Down...
Bloomberg's Michael Riley and Jordan Robertson report U.S. officials believe Chinese hackers now already know the steps needed to blow up a U.S. pipeline or shut down an American power plant."They’re...
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What The Rise Of Golf Says About Economic Change In China
Zhou Xunshu came from a village so poor that the grown-ups tore down his primary school for the bricks. They did not know much about book-learning, but they knew good building materials when they saw...
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Chinese Public Anger About Air Pollution Is Surging
BEIJING (Reuters) - Complaints about air pollution in the Chinese capital of Beijing more than doubled in the first five months of 2014, the city environment authority said, a sign of rising public...
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China's Ride Sharing App Is Coming To America With Mandarin-Speaking Drivers
Beijing-based Yongche is China's biggest ride sharing app, and soon it will join Uber and Lyft as an option for wheels in San Francisco and New York City, Bloomberg reports.The app's main seems to be...
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Chinese Workers Are Buying Fake Sick Notes So They Can Watch The World Cup
Chinese fraudsters are doing a roaring trade in fake sick notes designed to help football fans skip work during this month’s World Cup.The 11-hour time difference between China and host nation Brazil...
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Chinese Teens Have Found Remarkable High-Tech Ways To Cheat On Tests
China’s students have apparently developed skills for building cheating devices to use during an SAT-like exam that look like they have been pulled straight from a James Bond movie.Ahead of China’s...
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The Staggering Statistic About China's Growth That Blew Bill Gates Away
Bill Gates has been looking at the new book by his "favourite author," historian Vaclav Smil, titled "Making the Modern World: Materials and Dematerialization," on his blog.There’s one figure that...
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LinkedIn Can Win In China By Attracting 'Losers'
BEIJING (Reuters) - After taking a social media drubbing in the West for accepting self-censorship in China, jobs networking site LinkedIn Corp faces bigger obstacles to growth in a market it is...
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MAP: One-Fourth Of The Planet Is Breathing Unsafe Air
In today's installment of Map Monday, I wanted to focus on air pollution as mapped by Hsu et al and The Atlantic. Go to this link to see the full interactive map, which details air pollution by country...
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China's Plan For The Tallest Building Ever Could Save The World
While the architectures of yesteryear are often blamed for urban decay, today's buildings could be responsible for its renewal. Jutting from the ground like two giant stalagmites, the latest design...
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Hong Kong Steel Company Buys 5-Star Paris Hotel To Woo Chinese Tourists
A Hong Kong steel investment firm said it has agreed to pay almost $470 million for the five-star Paris Marriott Hotel Champs-Ely sees, as it targets Chinese tourists' desire for luxury travel.Kai Yuan...
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An Eccentric Chinese Tycoon Is Throwing A $1 Million 'Picnic' For New York's...
An eccentric Chinese billionaire has announced plans to invite 1,000 impoverished Americans for a slap-up meal in Central Park in a bid to show fellow tycoons there is more to life than “luxury goods,...
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There's A Fake Samsung Android Phone For Sale That's Full Of Malware
A Chinese Android smartphone on sale on Amazon, eBay and other online stores has been found to contain a virus that pretends to be the Google Play Store but steals user data.The Star N9500, which...
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