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Business & Economy

 

China’s Banking Practices Threaten Economy, Harm Customers, Experts Say

April 5, 2013, 6:41 pm

China’s state owned banks’ risky credit practices endanger economic health, while their unprincipled business practices bring big profits, but harm customers and borrowers.

Apple Apologizes After Chinese Propaganda Campaign

April 1, 2013, 6:32 pm

Apple has given in to political pressure from China, and promised to improve its customer service, after a series of vitriolic reports by state-run media.

Chinese Local Government Debts Nearly Equal National Tax Revenue

March 28, 2013, 4:12 pm

Chinese local government debt is at a worryingly high level, according to economists.

China’s Debt Crisis Looms, Economists Say

March 26, 2013, 3:19 pm

A well-known economist in Hong Kong has said that China is quickly approaching an economic meltdown.

Xi’s Corruption Sweep (Illustration)

March 26, 2013, 4:26 am

While the Party claims to be cracking down on corruption, there’s something a tad more fundamental that could cause bigger problems on the horizon.

China Regime Accuses Coca-Cola of Spying With Handheld GPS

March 14, 2013, 6:23 pm

The use of satellite navigation equipment by coke delivery trucks, a common industry practice, in China has triggered a national security issue.

China Property Taxes Trigger Divorces

March 12, 2013, 3:17 pm

Some Chinese couples are resorting to divorce in an attempt to avoid tough new tax laws on housing.

Urbanization May Offer False Economic Hope for China

March 12, 2013, 1:59 pm

Investing over US$6 trillion over the next ten years to increase urbanization in China is being touted as a cure for the Chinese economy’s ills. Experts say the cure may be [...]

Printing Money Is Cause of Inflation in China

March 1, 2013, 3:42 pm

China’s broad money supply more than doubled in four years, reaching 97.42 trillion yuan (US$15.66 trillion) by the end of 2012, according to central bank figures. [...]

Fake Foreign Investment Pushes Chinese Economy to Brink

February 28, 2013, 1:58 pm

Illicit capital outflows in the trillions, fake foreign investment and real estate speculation fueled by corruption and money laundering have driven the Chinese economy to the [...]


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