Friday, 9 December 2011

Ten years on, American business rethinks China dreams

Few in the United States would recognize Charlene Barshefsky or remember what she did. Not so in China where the former U.S. Trade Representative says she is stopped in the streets by ordinary people and thanked.


Actor Wang Wei Died at 70-Years-Old

Hong Kong actor, Wang Wei ( 王偉) (1941 -2011) passed away at 70-years-old. His real name was Wang Wing Wei (王永偉). Through his father’s friend’s introduction, Mr. Wang started shooting popular Mandarin movies in 1963. In 1971, Mr. Wang joined the television industry, starring in many popular series, both at ATV and TVB, in which his performances were well-received.


Thursday, 8 December 2011

Beijing seeks extradition of runaway bosses

The government in Beijing is seeking the extradition of private entrepreneurs who have fled China to live abroad after defaulting on billions of yuan owed to state banks and loan sharks, two independent sources said, a rare move underlining concern over the scale of losses.

What the shadow market enthusiasts don’t tell you

The growth of off-balance-sheet and underground lending may look like a stealth liberalisation of mainland financial markets but is it really a healthy development?

Property tax scheme to cover more cities

Levy on home purchases will eventually replace restrictions on home-buying, finance official says

Vale’s China gamble falters

Brazil’s Vale made a successful wager in the 1960s to ship iron ore directly to Japan. But its attempt to do the same in China has run aground

Landlords call shots in Beijing office squeeze

Lease prices will keep rising as corporate demand is far outpacing supply, brokers say

Policy shift seen boosting sentiment

Mainland cut in bank reserves and support measures expected to encourage buyers, but critics play down gain unless controls end

Singapore home prices to fall 20%: Morgan Stanley

Prices of residential properties are expected to take a 20 per cent haircut, according to a report issued by Morgan Stanley Research.

Wednesday, 7 December 2011

Foreigners in China squeezed by pensions, taxes

Foreign companies that are looking to China to shore up wilting global sales have been hit by higher payroll taxes, surcharges to subsidize unions and other changes that are making conditions tougher just as economic growth slows.


Sham-pagne! Château Lafite counterfeit scheme uncovered

The latest case in China's neverending piracy story involves wine bootleggers vending locally-refined (or in this case, maybe "unrefined") wine under the imported Château Lafite Rothschild labels.


Tuesday, 6 December 2011

Chinese court rejects Apple lawsuit over iPad name

The Intermediate People's Court in the southern boomtown of Shenzhen rejected Apple's lawsuit against Proview Technology (Shenzhen). Proview, it said, lawfully registered the iPad trademark as long ago as 2000 for products in a number of countries including China, the Southern Metropolis Daily newspaper reported, citing court documents.

It's about time Apple get sued for stealing IP.

Read on...

Shell Strikes Shale Gas in China

Royal Dutch Shell has found shale gas in China, a development that could cap imports in a market natural gas producers are hoping will drive demand.

Read on...

16,000 Holocaust victims to get German pensions

This is a big difference between the Germans and the little Japs. That's why victims of Germans are willing to forgive. But the victims of the little Japs would never forgive and forget.

Read on...

Monday, 5 December 2011

China's thin margin for error in property policies

Read on...

BMW New 3-Series F30

Chinese city poised to introduce country's first Good Samaritan rules

Shenzhen publishes draft regulations to encourage people to come to each other's aid in the wake of the death of a two-year-old girl

Changing legal representatives not easy, say observers

Observers are questioning the effectiveness of a Singapore Exchange (SGX) directive to China firms listed here over the position of legal representatives, who play a powerful role in mainland firms.

Have car, will drive...with no plates

More drivers doing so to bypass traffic rules

Town plans to revive tax that provoked riots

Manufacturers in the country’s hub for children’s clothes fear the levy will cripple their operations

Jim Rogers: Faber's Wrong About China

Jim Rogers thinks Marc Faber has got it wrong about China, when he says the country is possibly headed for a hard landing, which would lead to a devastating impact on commodities around the world.

China Hard Landing Possible; Impact ‘Devastating’: Faber

A hard landing for China will have a major negative impact on global commodities and risk currencies, says Marc Faber, the editor of The Gloom, Boom & Doom report, who adds that he is more worried about a Chinese economic downturn than a recession in Europe.

China to Prepare for Social Unrest

Beijing has underlined its concern that an economic slowdown could lead to social unrest in China, with the country’s security chief urging local officials to do more to prepare for the “negative effects of the market economy”.

Romney’s dangerous anti-China rhetoric

Accusing Beijing of manipulating its currency and stealing US jobs is not based on any sound economic policy and everything to do with electoral politics