China Announces Urgent Nationwide Audit To Find Out How Much Debt The Country...
BEIJING (AP) — China's Cabinet has ordered an urgent nationwide audit of debts owed by local governments, reflecting unease about potential financial threats from unreported multibillion-dollar...
View ArticleChinese Villagers Sign 'Death Pact'
Villagers in central China have signed a binding "death pact" under which those killed, injured or arrested resisting eviction from their rural homes will be honoured or compensated.Farmers from Chiyou...
View ArticleUndercover Investigators Say The People Who Make Apple Gadgets Are Still...
(Reuters) - Pegatron Corp, a Taiwanese company that makes Apple Inc products, is violating workers' rights at its Chinese factories in Shanghai and Suzhou, New York-based rights group China Labor Watch...
View ArticlePeople Are Now Scalping Genius Bar Appointments At Chinese Apple Stores (AAPL)
It looks like people are now scalping more than just concert tickets and spots in line.Scalpers are now reserving all available Genius Bar appointments at Chinese Apples stores, forcing those in need...
View ArticleMichael Pettis: Chinese GDP Has To Drop Even More (FXI, EWH)
The latest economic data out of China has confirmed concerns of an economic slowdown.But in a new Financial Times column Michael Pettis, China expert and professor at Peking University, thinks GDP...
View ArticleSTEPHEN ROACH: The China Doubters In The West Have Misread The Chinese...
NEW HAVEN – The punditocracy has once again succumbed to the “China Crash” syndrome – a malady that seems to afflict economic and political commentators every few years. Never mind the recurring false...
View ArticleiPad Workers Must Make 600 Cases Per Day Or Risk Losing Pay, Labor Report...
A new report from China Labor Watch, a labor rights group, details working conditions inside of Apple supplier Pegatron.One particularly interesting reveal says that workers making Apple iPads are...
View ArticleTHE VULGAR MAGICIAN: Celebrity Chinese Spiritual Advisor Faces Investigation...
Wang Lin, a spiritual advisor to the Chinese elite, is in hot water after two documentaries on China's state-run CCTV aired Sunday, alleging that he was a "vulgar magician" and that his health...
View ArticleThe E-Commerce Entrepreneurs Who Are Literally Working Themselves To Death
Running an online business can be difficult. It can also be life-threatening.In China, there's been a spike in the number of overworked employees who have dropped dead, particularly in the e-commerce...
View ArticleThere Are Far Too Many People In This Chinese Swimming Pool
Fresh from showing you the unbelievable hell of the commute from one Chinese subway stop, Beijing Cream has posted another video featuring thousands of poor people crushed together — this time in a...
View ArticleEnormous 33-Pound Mushroom Discovered In China Belongs To A New Species
China's Yunnan province is known as the "Kingdom of Mushrooms" for its rich diversity of more than 600 species of edible fungi.But even the hungriest of mushroom fans might find this monster mushroom,...
View ArticleTesla Is Eyeing China As A Wild Card For Its Model S
Despite its pollution problems, China has never shown much interest in the electric car and sales have been a mere fraction of a fraction of the country's huge new car market.Not that Tesla Motors...
View ArticleTim Cook Met With The World's Largest Mobile Carrier In China To Discuss...
BEIJING/SINGAPORE (Reuters) - Apple Inc CEO Tim Cook on Tuesday met with the head of China Mobile Ltd, the world's largest mobile carrier by subscribers and the only Chinese carrier that doesn't offer...
View ArticleCHART OF THE DAY: Asia Has A Bad Track Record Of Hot Economies That Quickly...
China's economy is decelerating significantly. And its financial system is leveraged more than most emerging economies.This cocktail of risks have some experts worried that China's economy will land...
View ArticleIn Just A Few Hours We Will See The Depth Of China's Economic Slowdown (FXI,...
China's Q2 GDP data confirmed the economic slowdown. And the decline in HSBC Flash PMI to an 11-month low of 47.7 showed the slowdown is deepening.China will release it's official PMI at 9 p.m. ET....
View ArticleCHINA SURPRISES: MANUFACTURING IS EXPANDING (FXI, EWH)
Official Chinese manufacturing PMI climbed to 50.3 in July.This beat expectations for a decline to 49.8, from 50.1 the previous month.Official manufacturing PMI last fell below the contractionary...
View ArticleHSBC China PMI Comes In Line With Expectations (FXI, EWH)
HSBC China manufacturing PMI fell to 47.7 in July, in line with expectations.This is down from 48.2 in June.Minutes earlier we got China's official PMI, which beat expectations, rising to 50.3 in...
View ArticleWhy China's 2 PMI Numbers Are Going In Different Directions
We just got the official and HSBC China PMI numbers, and both are painting different pictures of the nation's manufacturing sector.Official PMI climbed to 50.3 in July, beating expectations, while HSBC...
View ArticleThe Australian Economic Nightmare In One Chart
Australia's commodities-driven economy surged when China's economy was accelerating and importing commodities like crazy.And now it's getting slammed with China's economy decelerating."Make no mistake...
View ArticleHere's Some Fodder For The Chinese Economic Data Truthers
There is no shortage of economists who are skeptical of the data coming out of China, especially the data published by the Chinese government.Indeed, China's export numbers often don't tie out with its...
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