The US has Hollywood. India has Bollywood. Why can’t China have Chollywood?
China is churning out big flicks and the fans are asking for more.
At the urging of fans and cinemas, Zhang Yimou agreed to a …

China kicked off French President Jacques Chirac state visit with an order for 150 mid-size Airbus A320 planes.
Airbus CEO confirmed that China had ordered the planes and that the planes would be assembled in China …

International Olympic Committee (IOC) President, Jacques Rogge, said he was impressed by Beijing’s preparations for the 2008 Games.
The National Stadium, 91,000 seats, also known as the Bird’s Nest – will be one of the icons …

Shanghai’s self proclaimed "top gangster" is cooked.
15 years in prison didn’t rehabilitate him. After being released in 2001 the mobster took over an entertainment district in Shanghai’s Baoshan.
There he operated a gambling and ‘drug …

Chinese director, Feng Xiaogang, has a new film that he is casting no-stars for.
The lead actress is Tang Yan – a newcomer has appeared in only two other works.
When asked if the new girl could …

Starbucks Corp. opened its first outlet in China in 1999. In 7 years the coffee maker has brewed more than 200 locations.
Until 2004 China required foreign companies to be joint ventures before setting up shop. …

Somebody agrees with me.
The chairman of the China Banking Regulatory Commissions is calling for Chinese banks to take effective measuers to prevent a further increas in non-performing loans.
Chinese banks have provided 10.9 trillion yuan ($1.3 …

Am I in the wrong country or what?
I thought China was a communist country and America was the land of capitalism.
Yu Minhong is called the godfather of overseas studies in China. He owns New Oriental …

As if China’s four major banks, China Construction Bank, the Bank of China, the Industrial and Commercial bank of China and the Agricultural Bank of China weren’t losing enough money by extending credit, Wal-Mart Stores …

Chinese banks have a junk yard full of people defaulting on car loans than they can’t pay.
The bad debt on car loans has reached 100 billion yuan ($12.5 billion).
China’s four biggest banks – China Construction …