Friday, 24 June 2011
The string of accounting problems and stock plunges at publicly traded Chinese groups has sparked deep concerns across the world’s biggest audit firms, putting the so-called Big Four on alert from worries that their reputation could be brought down along with a growing list of stricken companies.
A secondary school student in Malaysia made 30,000 ringgit (US$9,955) during the year-end school break last year by selling her own body, Malaysian newspaper China Press reported.
Thursday, 23 June 2011
Tuesday, 21 June 2011
New economic analyses of China provide further indication that the nation’s supercharged economy is beginning to slow, and warn that soaring inflation, rising labour costs and mounting local government debt threaten to weaken growth even more.
China’s dairy industry has the lowest quality standards in the world and much of the blame is down to the large companies that dominate it and the rock-bottom prices they pay farmers for raw milk, say industry experts.