Chinese Buyer Spends $177,000 To Win Rare Barrel Of Burgundy At Wine Auction
A Chinese woman won the bidding for a coveted barrel of Burgundy wine at a Christie's-run charity auction in France on Sunday, paying 131,000 euros ($177,000) for her cask.It was the first time a...
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A Top Economist Throws Cold Water On China's Huge Reform Announcements
The buzz out of China lately is over the the decisions made after the "Third Plenum" late Friday. The country's new reforms include ending forced labor camps, easing the one-child policy, and...
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China's Commitment To Reform Has Been A Gamechanger For The Hairy Crab Industry
Government officials in China used to live the high life.In order to grease the wheels of the government's machinery, companies often gifted them expensive treats like grain spirits and mooncakes, or...
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Most People In China Don't Want To Have More Kids When The One-Child Policy...
Last week, China announced that it would begin to scale back its decade old one-child policy.A higher birth rate would certainly help China's demographic crisis, which includes a shortage of workers...
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China's Eccentric 'Cake Millionaire' Has Built Six Fairytale Castles To Live In
As the greatest urbanisation drive in history swells China's cities with ranks of identikit apartment blocks, one culinary businessman is indulging his architectural appetite with a visual feast of...
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7 Experts Identify The Best And Worst Things About China's Latest String Of...
China held its much anticipated Third Plenum earlier this month. And markets reacted favorably to the "decision" that followed a few days later.Policymakers said they would loosen China's one child...
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China Has The Youngest Billionaires
China may not have the most billionaires, but it does have the youngest.According to a report from Wealth-X and UBS, China's 157 billionaires have an average age of 53 years old. That's nine years...
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The Booming Bottled Water Business Represents Everything That's Wrong With...
The bottled water business has boomed in China as concerns about contaminated water sources persist.Sales of bottled water are expected to surge to $16 billion by 2017, from $9 billion last year,...
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China's Skewed Sex Ratio Is Boosting The Country's Trade Surplus
China's decades long one-child policy and preference for male children has skewed the country's demographics.The country has too many men.However, this skewed male-to-female ratio may be what's partly...
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The Situation For Journalists In China Is Becoming Untenable
The situation for foreign journalists in China has never been good. While freedom of speech is included in the constitution, in practice censorship has been widespread throughout the country for...
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China Dismisses As Absurd Spanish Arrest Warrants Over 'Genocide' In Tibet
MADRID (Reuters) - Former Chinese president Jiang Zemin and ex prime minister Li Peng could face arrest when travelling abroad over allegations they committed genocide in Tibet, a Spanish court ruled...
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The US Ambassador To China Is Stepping Down
US ambassador to China says he will step down early next year to rejoin family in SeattleBEIJING (AP) — U.S. Ambassador to China Gary Locke, who oversaw the handling of potential crises over the...
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Becoming Richer Hasn't Made China Much Happier
Can money buy happiness? If the Chinese growth story is to be believed, the answer is no. Despite their per capita income being nearly 20 times what it was in the late '80's, the Chinese have...
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Chinese Manufacturing Hits Two-Month Low (FXI, EWH)
HSBC China flash PMI fell to a two-month low of 50.4 in November.This missed expectations for a modest decline to 50.8, and was lower than 50.9 the previous month.The latest manufacturing report showed...
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China's Growth Acceleration Is Reaching Its End
In recent months, China has quashed fears that the economy was slowing and heading for a hard landing.However, China's November HSBC manufacturing flash PMI reminds us that the country's growth outlook...
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Apple Is About To Enter A Huge Market In China (AAPL)
It appears that China Mobile, the world's largest wireless carrier with 700 million subscribers, will start carrying the iPhone next month.As The Wall Street Journal points out, China Mobile's website...
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ECONOMIST: Markets Might Be 'Overly Excited' About China's Financial Reforms...
China wrapped up its third plenum earlier this month and announced a string of reforms. Soon after, Zhou Xiaochuan, governor of the People's Bank of China, wrote an article on deepening financial...
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Baby Found Alive At Chinese Funeral Home 2 Days After Being Pronounced Dead
BEIJING (AP) — A funeral home discovered a baby was alive two days after he was pronounced dead at a hospital in eastern China.Authorities revoked the license of the doctor who mistakenly declared the...
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Luxury Car Dealers In China Are Using All Sorts Of Gimmicks To Lure Customers
GUANGZHOU, China (Reuters) - Luxury car dealers are resorting to offering customers massages, mini-golf and other gimmicks, hoping this will give them an edge in a ferociously competitive Chinese...
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Journalist Paul Mooney On Why He Was Blocked From China And How Things Could...
After 28 years of reporting from China, journalist Paul Mooney learned on Nov. 8 that his visa had been denied.The news came on the heels of a slew of stories on increasing Chinese censorship and how...
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