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The Party In Macau Is All But Over
It's now undeniable that Chinese President Xi Jinping's corruption crackdown will change Macau's casino business forever.Cheung Chi Tai, a powerful junket operator, is being investigated for money...
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The Philippines Is Taking China To Court Over The South China Sea
Beijing is fast approaching a Dec. 15 deadline to submit its defense in the arbitration case against its South China Sea claims brought by the Philippines.That case, brought under the UN Convention on...
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REPORT: Wal-Mart Has Been Using Shady Practices To Make Its Business In China...
(Reuters) - Wal-Mart Stores Inc has been using questionable accounting and unauthorized sales practices to make its retail business in China appear stronger, Bloomberg reported, citing internal...
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China Tells Banks To Issue More Loans To Help Lift Flagging Economic Growth
SHANGHAI (Reuters) - China has told its banks to issue more loans in the final months of 2014 and has relaxed limits on their loan-to-deposit ratios to help hit a record new lending target as the...
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Playstation Has Bigger Problems Than Microsoft In China
Sony Corp should fear China's censors almost as much as rival Microsoft Corp when it launches its PlayStation 4 gaming console in the world's third-largest gaming market next month.Sony said on...
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Cash-Hemorrhaging Zombie Businesses Are Everywhere In China
In the 11/17 Morning Briefing titled “The Great Deflators,” I wrote about zombies: “In their effort to moderate the business cycle, central bankers have a tendency to keep zombies alive. These are the...
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India's Modi: 'Russia Is India's Closest Friend'
Russian President Vladimir Putin isn't exactly the West's favorite person right now, but it looks like he's finally found a friend."Russia is India's closest friend, and the preferred strategic...
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China Is Backpedaling
China is backpedaling.The Chinese government now wants the country's banks to boost lending to help its slowing economy grow, according to Reuters. When people can borrow more cash, they invest it or...
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A Restaurant In China Is Offering Discounts To Overweight Men And Thin Women
In a ridiculous way to draw in more customers, a restaurant in China is offering discounted or free meals to customers of a certain weight, according to CRI English News. The owners of a restaurant in...
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Putin Took Another Sharp Turn Away From The West
It seems Russian President Vladimir Putin just found an ally.On Thursday, Putin and Indian Prime Minister Narendra Modi met in New Delhi to improve the energy, military, and trade alliances between...
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China's Industrial Growth Has Slowed
BEIJING (Reuters) - China's industrial output rose by a less-than-expected 7.2 percent in November from a year earlier, though retail sales expanded 11.7 percent, beating forecasts, the National Bureau...
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Big Retail Stores In China Are Losing To E-commerce
SHANGHAI (Reuters) - It took China's biggest retail chain Suning all last year to generate sales of about $17 billion. Last month, e-commerce giant Alibaba saw sales worth more than half that amount...
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Chinese Search Engine Baidu Is Investing in Uber To Help The Company Expand...
Search engine Baidu Inc will invest in taxi-hailing app maker Uber Technologies Inc, a person familiar with the matter said on Friday, becoming the latest Chinese Internet firm to take an interest in...
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The World's Largest Ship Is On Its Maiden Voyage
The world's largest container ship, the "CSCL Globe," has embarked on its maiden voyage from Shanghai to Europe.The ship measures 1,312 feet long and 192 feet wide and is roughly the size of four...
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China Has Seriously Upgraded Its Propaganda
Once caught on the back foot by social media, the Communist Party has upgraded its propaganda for the internet ageIt look a lot as new media should, with hip click-bait headlines that are ready to be...
View ArticleChina Used More Cement In The Last Three Years Than The US Used In The Entire...
Bill Gates recently called out a staggering fact from the historian Vaclav Smil:This might be the most mind-blowing fact I learned this year: http://t.co/jJB3cEoq7jpic.twitter.com/Dr34RLeJbU — Bill...
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The Chinese Navy Will Be Bigger Than America's By 2020
China has plans to grow its navy to 351 ships by 2020 as the Chinese continue to develop their military’s ability to strike global targets, according to a new report.The 2014 US-China Economic and...
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This Smart Bike Is About To Take Over China
Baidu is putting its mettle to the pedal. China's leading search engine announced last week that it's developing a smart bicycle -- the DuBike -- which uses Bluetooth connectivity, built-in GPS, and...
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We Just Found Out How Much The 'Apple Of China' Made In 2013
BEIJING (Reuters) - China's Xiaomi Technology Ltd Co [XTC.UL] made a profit of 347.48 million yuan ($56.15 million) on 26.58 billion yuan ($4.30 billion) in revenue in 2013, Chinese securities filings...
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South Sudan Has Become A Major Concern For China
On December 15, 2013, fierce fighting broke out in South Sudan’s capital, Juba. Rebel forces loyal to Machar targeted South Sudan’s oil fields, and what started as a clash, quickly escalated to a civil...
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