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Business & Economy

 

Foxconn’s Robots to Number a Million

August 1, 2011, 4:28 pm

President of Foxconn International Holdings Ltd said that within three years the company will import one million robots to increase productivity and efficiency.

China Lean Meat Powder Scandal Implicates Professor

August 1, 2011, 1:22 am

A professor from a top Chinese university is implicated in the development and sale of “lean meat powder.”

Why China’s RMB Must Appreciate Further

July 27, 2011, 2:21 am

Continuing its 22 percent appreciation over the past six years, China’s currency, the renminbi (RMB) reached 6.4495 per dollar, the Foreign Exchange Trade System announced on [...]

Being a Billionaire a Dangerous Profession in China

July 27, 2011, 1:48 am

Out of the 72 multi-millionaires and billionaires who have died in the last eight years, 19 died from illness while 53 died of unnatural causes.

Subway Construction Booms in China

July 26, 2011, 1:36 am

China is now having a boom in subway construction; small or large, every other city is aspiring to build a rapid transit railway network. China Youth Daily reported on July 20 [...]

Western Countries Say ‘No’ to Chinese Organic Food

July 25, 2011, 8:43 pm

The European Union and the United States have pretty much closed their doors to many Chinese products labeled “organic,” as they discovered that China’s organic [...]

Hong Kong Companies in China Face Tough Times

July 22, 2011, 3:54 pm

Between 2,500 and 3,000 manufacturing enterprises in the Pearl River Delta will close this year.

Counterfeit Apple Stores Exposed in China

July 21, 2011, 9:40 pm

According to a blogger who goes by the alias ‘BirdAbroad,’ an entire store of products appears to have been counterfeited in China, including the store itself in Kunming, China.

Chinese Garlic Farmers at the Mercy of Speculators as Prices Plummet

July 21, 2011, 3:08 pm

While Chinese food prices soar, garlic prices plummet as a result of market speculation.

Guangdong Farmers Hit by Fake Seeds

July 21, 2011, 12:21 pm

Chinese farmers in Guangdong who were sold fake seeds saw their crop output fall by hundreds of acres.


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