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Proof That The World Isn't Freaking Out About China And Europe Anymore
Not long ago, phrases like "China hard landing" and "Euro crisis" kept traders, investors, and policymakers up at night.Sure, many of the related problems have gone unresolved. But the idea of crises...
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China Steel Industry Profits Plunged By Nearly 100 Percent Last Year
The combined profits of China's major steelmakers crashed by more than 98 percent in 2012 as growth in the economy of the world's largest steel producer slowed, an industry group said.After-tax profits...
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'Rent A Boyfriend' Services Are Popping Up All Over China
Selling a kiss online, accompanying a stranger overnight for a fee -- none of the "rent-a-boyfriend" services popping up on some Chinese websites sound at all family-friendly.Yet the budding market...
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Notoriously Difficult James Joyce Novel Becomes Surprise Best Seller In China
Last month we saw the somewhat odd reports that a 150-year-old French history book, Alexis de Tocqueville's The Old Regime and the French Revolution, had become a surprise best seller in China.Now we...
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Firework Accident Caused Immense Damage In China [PHOTOS]
A truck carrying fireworks in Sanmenxia, in China's Henan province, exploded destroying 80 meters of a highway. 25 vehicles are said to have fallen 30 meters (98 feet) from the bridge. Initial reports...
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Google's Eric Schmidt Blasts China In New Book (GOOG)
Google has long had a testy relationship with China, with the search giant largely pulling out of the Chinese market after alleging that state-backed hackers had targeted the company's systems and...
View ArticleA Digital Trail Of Evidence Linked The NYT Hack To China
By now just about everyone knows that hackers from China attacked The New York Times and The Wall Street Journal. The obvious question is how they know that.Grady Summers of Mandiant, a cyber security...
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Japan Lets Its New Defense Budget Do The Talking Over Island Dispute
Japan's prime minister announced his country will vigorously defend itself against all Chinese threats following a series of confrontations over the disputed Senkaku/Diaoyu island chain.Purchased by...
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Eric Schmidt Calls China The World's 'Most Sophisticated Hacker'
China's state-sanctioned cybercrime is a global "menace" according to Eric Schmidt, Google's executive chairman, as he predicts a revolution in the country in the coming decades in his latest book.Eric...
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CHART: One Of The Tightest Correlations To Gold You'll See
Gold prices may be impacted by a variety of factors like inflation, the dollar, fear, etc.But one of the most powerful factors driving prices is probably jewelry demand, which accounts for more than...
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Here's What Shenzhen, China Looked Like Just Before Becoming One Of The Most...
We recently brought you stunning photos of early-'80s Macau, before that city became a worldwide gambling Mecca.Today, we want to show you a city whose transformation is perhaps even more incredible:...
View ArticleIncredible Burger-Flipping Robot Wants To Steal Our Jobs
With increasing frequency I see articles on how robots are taking jobs once held by humans. Typically I batch a few of them up for comments, and I have a new set now. Last week, on the manufacturing...
View ArticleChina Is Struggling To Rein In Its State-Owned Oil Companies
The Sinocism newsletter is compiled by Bill Bishop, and republished here with permission. Be Informed About China. The Sinocism China Newsletter. Free.Today's Links:THE ESSENTIAL EIGHTInterview With...
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Hot Money Is Leaving China, But That's No Reason To Panic
China just reported its first capital account deficit since 1998.But Standard Chartered's Stephen Green and Wei Li write that there is no reason to worry about hot money flowing out of the country...
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Chinese State Newspaper Tells US To Stop Accusing China Of Hacking
China's Communist Party newspaper, the People's Daily, has published a front page article hitting out at accusations that the Chinese state was behind hacks on publications such as the New York Times,...
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Energy Department Hit In The Most Dangerous Cyber Attack Yet
The concentrated cyber attack that breached the defenses of U.S. Department of Energy [DoE] last week may be the scariest yet.Unnamed officials tell Bill Gertz of The Washington Free Beacon that the...
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China's Property Market Is Rebounding But Not Everyone Thinks Its Good News
China is witnessing a recovery in the property market that was largely fueled by developers cutting prices and local city governments loosening policy.Real estate according to Lan Shen and Stephen...
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China's Services Sector Is On A Massive Tear
China's services PMI report is red hot.From the report:The HSBC China Composite PMI data (which covers both manufacturing and services) signalled a further expansion of business activity during...
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Chinese State Run Banks Are Lending Insane Amounts Of Money To Large...
This is exactly the type of story that makes people deeply suspicious about the sustainability of the Chinese growth model.Dinny McMahon and Colin Murphy at WSJ have a great story about how large...
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Chinese Warships Prepared To Fire On The Japanese Navy Twice
Last week a Chinese warship pointed its missile guidance system at a Japanese destroyer in an unmistakable show of aggression, the Japanese Ministry of Defense announced today.The brief report out of...
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