China's Corruption Crackdown Is Crushing Cognac Sales
China's crackdown on corruption, under the watchful eye of president Xi Jinping, is only gathering steam.French cognac maker Remy Cointreau continues to suffer from China's anti-graft campaign. The...
View ArticleChina Warns Officials Against Imitating Western Moral Standards
BEIJING (Reuters) - China's ruling Communist Party will step up ideological education of officials to prevent them from aping Western moral standards and strengthen their faith in communism to help in...
View ArticleChinese Telecom Giant Huawei Beats Revenue Expectations
TAIPEI (Reuters) - Huawei Technologies Co Ltd, the world's No. 2 telecoms equipment maker, said on Monday its first-half sales revenue rose 19 percent year-on-year to 135.8 billion yuan ($21.88...
View ArticleWhy You Shouldn't Freak Out About Chinese Housing Yet
BEIJING (Reuters) - Rattled by falling home prices, some of the wealthiest Chinese are paring their property investments and turning to private equity or overseas holiday homes, a sign of fading hopes...
View ArticleRevolting Images Supposedly Show Chinese Plant That Sold Expired Meat To...
A meat supplier for McDonald's and KFC in China was shut down after a news report revealed it used rotten meat that was past the expiration date. A reporter for China's Dragon TV went undercover at the...
View ArticleChina's Total Debt Surges To 251% Of GDP
China's total debt (financial credit) burden hit 251% of GDP at the end of June, according to Stephen Green at Standard Chartered.By comparison, the US had a 260% total-debt-to-GDP ratio in 2013 and...
View ArticleChina Has Sealed Off A City After A Man Dies With Bubonic Plague
A Chinese city has been sealed off and 151 people placed in quarantine since last week after a man died of bubonic plague, state media said Tuesday.The 30,000 people living in Yumen in the northwestern...
View ArticleTop High School Basketball Player Signs $1.2 Million Contract In China...
Forced to wait a year to enter the NBA Draft, No. 1-ranked high school guard Emmanuel Mudiay has decided to play professionally in China instead of going to college.Mudiay signed a one-year,...
View ArticleA Mysterious Condition Is Killing Workers In Dongguan, China In Their Sleep
The Chinese city of Dongguan, in the southern province of Guangdong, has seen a surge in the number of workers that are dying in their sleep, reports Andrea Chen at South China Morning Post.There have...
View ArticleChina’s Elite Are Pimping Out Their Planes As Jet Market Takes Off
When a Chinese customer asked for the interior of his new Bombardier Challenger 850 jet to be covered with pricey black carbon fibre, the designer was shocked -- but happy to oblige."We'll do whatever...
View ArticleThe McDonald's Meat Supplier Scandal In China Keeps Escalating
SHANGHAI/LANGFANG China (Reuters) - Shanghai police said on Wednesday they detained five people in an investigation into a Chinese-based supplier of foreign fast-food brands including KFC and...
View ArticleThe Bank Of China Is Reportedly Checking Out The Office Space By NYC's Bryant...
(Reuters) - Bank of China Ltd, the fourth largest lender in China, has revived talks to become the anchor tenant at 7 Bryant Park boutique office tower in New York, Crain's New York Business reported...
View ArticleChina's Financial Markets Will Explode To $53.6 Trillion By 2030
When it comes to the size of their capital markets, emerging countries have long punched below their economic weight. While they make up 39 percent of global GDP, their share of global equity market...
View ArticleCollege Student Pleads Guilty To Attempting To Smuggle Military Technology To...
WASHINGTON (Reuters) - A 28-year-old Chinese man pleaded guilty on Wednesday of attempting to smuggle military technology obtained from undercover U.S. agents out of the United States to China, the...
View ArticleChinese Manufacturing Activity Jumps To An 18-Month High
SYDNEY (Reuters) - Asian stock markets edged broadly higher on Thursday and the Australian dollar jumped after a surprisingly strong reading on Chinese manufacturing bolstered hopes for recovery in the...
View ArticleChina Is Building A Railway Linking To India
BEIJING (Reuters) - China plans to extend a railway line linking Tibet with the rest of the country to the borders of India, Nepal and Bhutan by 2020 once an extension to a key site in Tibetan Buddhism...
View ArticleREPORT: Apple May Release Its Two Large iPhones One At A Time ‘To Avoid...
Apple is expected to launch two larger iPhone models this fall with 4.7- and 5.5-inch displays, but Taiwan-based DigiTimes says the two iPhones have “different timetables … as Apple does not want to...
View ArticleEverything You Need To Know About Xiaomi, The 'Apple Of China'
We’ve written about many of the big players: Google, Apple, Facebook, Twitter, LinkedIn, WeChat. However, there’s a company that’s well known in tech circles but is still reaching the mainstream: the...
View ArticleChina Has Already Probed 25,000 People This Year In Its Massive Corruption...
BEIJING (Reuters) - China investigated more than 25,000 people for corruption in the first six months of 2014, state media said on Friday, amid a nationwide crackdown on graft.Nearly 85 percent of the...
View ArticleJim Chanos Has A Whole New Reason For Going Dark On China
Jim Chanos was on Bloomberg TV's Charlie Rose on Thursday night talking China — and so yes, as expected, it was dark.But there was a whole new political element to Chanos' negativity that we had not...
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