Articles in Business in China
China’s banking regulators denied that Citigroup Inc. had beat out French Bank Societe Generale and China Insurer, Ping An Group to buy the Guangdong Development Bank.It is rumored that Citigroup Inc. is prepared to throw …
Oil prices are suddenly at $58 per barrel, down from $77 a barrel in July.
What, did China suddenly stop using oil? Wasn’t China’s gluttonous demand the cause for the rising oil prices? What happened?
Last year, …
Compared to last year housing prices were up 6.3% overall on a survey taken in September of 70 major Chinese cities. However, prices were down almost 1% from August.
China’s National Development and Reform Commission and …
I wonder if I will have to eat my words.
I have thought quite out loud that if Hollywood put a Chinese star in one of their flicks, the Chinese would come to see it…guaranteeing at …
Two Chinese movies, "Thirteen Princess Trees" and "After This Our Exile" were selected for awards at the 19th Tokyo International Film Festival on Oct. 29th.
"Thirteen Princess Trees" was directed by a 5th generation director, Lu …
A senior economist of the Information Resource Development Department of the State Information Center is predicting that China will surpass the US as the world’s largest auto market by the year 2020.
Most middle class Chinese …
China’s top legislature passed an ant-money laundering law that includes accepting bribes.
In addition to accepting bribes, violating financial management regulations and financial fraud will also be crimes.
The law will take affect on Jan. 1, next …
It’s been five years since the idea of allowing private property was brought up with to the National People’s Congress.
Six drafts later and the legislation seems it may be approved in the next full session …
The Chinese yuan is under 8 yuan to a dollar now. And the first time it went under 7.89.
Traders are calling this a psychological milestone and economists are wondering if a stronger yuan is going …
China has begun a new 100 days campaign to crackdown on Internet piracy.
The National Copyright Administration said the campaign will crackdown on piracy of:
1. music
2. movies
3. software
4. books
5. private-run game servers
6. tools damaging Internet technological …
