China’s Economy: 60 Years of Progress (Part II)

Decentralizing the Command Economy, 1958-’78. Multiple transfers of administrative power brought disorder and ended in a return to centralized power.

Part I

MCC Debut: Turning Point for China’s IPOs?

Dual IPOs that raised US$ 5.3 billion for Metallurgical Corp. of China could portend a big change for Chinese stock debuts.

Prestige, Pitfalls and Perils of a Reserve Currency

A currency with global reserve status can benefit the issuing country. But disadvantages and market decisions cannot be ignored.

Prepare to fight China, al-Qaeda figure tells Uygurs

A prominent al-Qaeda militant urged Uygurs in Xinjiang to make serious preparations for a holy war against “oppressive” China and called on fellow Muslims to offer support.

Taipei museum rejects looted Chinese relics

Taiwan’s National Palace Museum on Wednesday ruled out accepting looted relics, after a celebrity French collector said that his offer to donate two controversial animal heads had been turned down.

US court rejects Chen Shui-bian’s case

A US court has dismissed a petition by Taiwan’s ex-leader Chen Shui-bian which he filed in a bid to overturn his life sentence and secure his release from detention, Chen’s representative said on Wednesday.

Versace to Close Its Japanese Stores

Gianni Versace will close its Japanese stores and review its entire business strategy, as demand for luxury goods declines in Japan, which has the world’s second-largest economy.

Versace quits Japan after 30 years

Gianni Versace, the favoured brand of celebrities such as Elton John and Jennifer Lopez, is pulling out of Japan after nearly 30 years – highlighting the depth of the consumer slump in one of the world’s largest luxury markets.

Red miniskirts eclipse need for reality check

Just don’t let the show distract you from the daunting list of things China must pull off in order to thrive. It includes finding a new growth model, raising hundreds of millions more out of poverty, getting the state out of the economy, attacking corruption, saving the environment and figuring out what to do with more than US$2 trillion of currency reserves.

Offshore private banking will thrive, say wealth managers

Services such as estate planning will always be needed

The challenges facing post-crisis China

MASSACHUSETTS Institute of Technology (MIT) professor Huang Yasheng talks to BT associate editor VIKRAM KHANNA about China’s economy after the global financial crisis.

China in 2049 - enhancing quality

As the People’s Republic of China celebrates its 60th anniversary, it is tempting to ponder what the future holds for its centenary celebration some 40 years from now.

Trendy Shenzhen teenagers spearhead Cantonese revival

A new craze is sweeping through the ranks of Shenzhen’s teenagers. Whether it is in school, at the shopping mall or the KTV club, there’s only one way to prove you are a real “Shenzhener” - by speaking Cantonese.

Cantonese almost became the official language

Putonghua is the official language on the mainland, but if history had played out differently the vast majority could have been speaking Cantonese.

Ex-Ernst & Young auditor accused of siphoning assets

Christopher Ho Wing-on is a rich man, allegedly worth more than US$500 million. But he was accused in court of partially building his fortune by siphoning assets from disgraced tycoon James Ting’s failed electronics empire Akai Holdings in the late 1990s.

Hard work pays off for ‘vicious’ Akai liquidator

Cosimo Borrelli’s pursuit of truth unravels corporate collapse

Akai saga ends with ‘US$100m payout’

Almost a decade after the spectacular collapse of Hong Kong electronics conglomerate Akai, the saga has ended with the failed firm’s liquidators securing a major moral and financial victory for its creditors.

Darkest Before The Dawn - BNP

Last week’s disappointing non-farm payrolls report rounded off a week of relatively tepid US macro-data that has challenged the bullish foundations on which US equities continue to precariously reside.

Real lesson behind the Ris Low affair

To excuse her behaviour on account of her youth is an insult to all the young people who still believe in honesty and integrity

Party monitors untangle Web of disharmony

Mirky world of ‘commentators’ keeps forces of dissent quiet