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Chinese Demand For Luxury Goods Hits A Major Slump
PARIS (Reuters) - The outlook for the luxury goods industry darkened on Friday as poor results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were major...
View ArticleA Chinese River Just Turned 'As Crimson As Blood'
On Thursday morning, a river in eastern China suddenly turned a bloody shade of red, according to unverified reports by ABC News, China News, Shanghaist, and others."Local residents say the river was...
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Synthetic Drugs Are Now Common In Chinese Cities
Synthetic drugs are now common in Chinese cities. They are being exported, too.All sorts of things can be ordered online in China, but few goods are delivered as fast as ketamine.It takes one hour and...
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Tesla Has Had Serious Problems Delivering Cars To China, And Customers Aren't...
Last October, Tesla CEO Elon Musk promised to deliver 31 of the company’s luxury, all-electric cars to a lucky group of Chinese customers by April 2014. But these customers now find themselves...
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The Rise Of The Chinese Box Office Is Staggering, And It's Transforming...
The Chinese box office grew by an astounding 27% to $3.6 billion in 2013, according to the Motion Picture Association of America. To put that number in comparison, China's $900 million dollars box...
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A Chinese Food Supplier Forged Dates To Make Beef Patties Appear Seven Months...
SHANGHAI (Reuters) - Regulators in Shanghai have found that scandal-hit China-based food supplier forged production dates on some of its products and sold them after their expiry, the official Xinhua...
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As Scary As The World Is Right Now, Here's Why It's Different From The...
With the world caught in a series of potential proxy wars from Ukraine to the Middle East and tensions ratcheting in East Asia and elsewhere, many have compared the present to 1914, when a trigger...
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China's President Has Only Begun To Take Down The Tigers And Swat The Flies...
China has investigated over 25,000 people for corruption in the first six months of 2014. Probes into major cases were up 14% year-over-year.182,000 officials were punished by discipline inspection...
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China Is Furious At The US For Slapping New Tariffs On Solar Products
BEIJING (Reuters) - China's Commerce Ministry castigated the United States on Monday for setting new import duties on Chinese solar products, saying Washington's actions risked damaging the industry in...
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Chinese Industrial Profits Spike (FXI, EWH)
Chinese industrial profits surged 17.9% year-over-year in June, compared with an 8.9% rise in May. Of course, one should note that this came on the back of a lower base last year, when industrial...
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China Investigates Four Microsoft Offices For Alleged 'Antitrust' Activity...
The Chinese government has made surprise visits to four Microsoft offices located in China, in an apparent move to investigate the U.S. tech firm’s alleged antitrust violations in the country, the...
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Chinese Hackers Stole Plans For Israel's Iron Dome
China-based hackers stole plans for Israel's Iron Dome missile defense system in 2011 and 2012, according to an investigation by a Maryland-based cyber security firm first reported by independent...
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Chinese War Games Cause Near Shutdown Of 19 Airports
BEIJING (Reuters) - China is holding some of its most extensive military exercises this week off its eastern seaboard, and although rival Japan is unperturbed, they are causing massive disruptions in...
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China Is Going After One Of Its Most Powerful Politicians Of The Last Decade
China has begun an investigation into former domestic security chief Zhou Yongkang, one of the most powerful politicians of the last decade, on suspicion of corruption, state media said on Tuesday in...
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The Explosive Growth Of China's Luxury Auto Market In 4 Charts
German automakers Audi, BMW, and Mercedes-Benz maintained their lead as the top performers in China’s luxury car market in the first half of 2014 as Mercedes-Benz continues to try to play catch-up to...
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American Companies Are Ambushing Chinese Consumer Brands
SHANGHAI/HONG KONG - With green-tea flavored toothpaste and pickled plum juice, an army of Chinese retailers is tapping local tastes to whittle away market share from global rivals that are banking...
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We Are Witnessing China's Biggest Political Takedown In 30 Years
Zhou Yongkang, one of China's most powerful politicians is officially being investigated for suspected "serious disciplinary violation." In the scope of Xi Jinping's corruption crackdown aimed at...
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A French Luxury Car Brand Is Growing Surprisingly Fast In China
In 2013, French automaker Citroen sold 3,500 DS luxury vehicles in China.That made it practically a rounding error in the Chinese luxury car market. But what a difference a year makes.According to...
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China's Going After Zhou Yongkang For Corruption — Here's Everyone In His...
On Tuesday Chinese state media announced that Zhou Yongkang, one of China's most powerful politicians, was being investigated for suspected "serious disciplinary violation." Zhou is a former member of...
View ArticleSome McDonald's In China Are Only Serving Soda And Fries Following Meat Scandal
The latest public health scandal in China concerns the Shanghai Husi Food Co., which has been supplying expired beef and chicken to McDonald’s and Yum (which owns KFC and Pizza Hut).In the wake of the...
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