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Graft in the virtual world – Taobao scandal stirs sensation

Graft in the virtual world – Taobao scandal stirs sensation

‘Some employees at Taobao.com, the country’s largest online marketplace, have reportedly conspired with business owners to cheat consumers.

May 4, 2012  Filed under Business  

Sina says it can’t enforce ‘real-name’ policy

Domestic Internet giant Sina admitted in a Nasdaq filing that it has not been able to implement the “real-name” registration policy required on its popular microblogging service Sina Weibo.

May 4, 2012  Filed under Business  

Luxury cars go to young Chinese

The luxury sports cars worth tens of millions of yuan at the Beijing Auto Show 2012 – which many thought were only for show – were in fact reserved long ago by Chinese in their early 30s.

May 4, 2012  Filed under Business  

Still the Noah’s Ark? – Global carmakers woo China despite sales slump

Still the Noah’s Ark? – Global carmakers woo China despite sales slump

Once a mere sideshow, the Beijing International Auto Show, also known as Auto China, is today a prime destination for the auto industry’s CEOs.

April 27, 2012  Filed under Business  

Leisure big business – Vacation plans could ease economy as it slows

Leisure big business – Vacation plans could ease economy as it slows

China is slowing. GDP growth during the first quarter of 2012 fell to 8.1 percent year-on-year from an average of 9.2 percent last year.

April 20, 2012  Filed under Business  

Art show enters Auto China

The upcoming Beijing International Automobile Exhibition (BIAE), also known as Auto China, one of the world’s top four auto shows, promises visitors an eyeful of luxury cars, shiny models and new fashions.

April 20, 2012  Filed under Business  

Another special zone – Gov’t gives go-ahead on Wenzhou financial reform

Another special zone – Gov’t gives go-ahead on Wenzhou financial reform

Private investors in Wenzhou who are desperate for worthy projects are finding new hope in the central government’s recently green lit “Wenzhou project” – a collection of financial reforms for the city.

April 13, 2012  Filed under Business  

Baidu denies plans to buy Yahoo

Baidu founder and CEO Robin Li said this week that he has no plans to buy another large company.

April 13, 2012  Filed under Business  

Disney partners with Tencent on animation

Walt Disney has partnered with Tencent and a Chinese state-owned group to develop animated content for the domestic and international market.

April 13, 2012  Filed under Business  

Open your wallet – Country begins month-long campaign to promote domestic consumption

Open your wallet – Country begins month-long campaign to promote domestic consumption

The Ministry of Commerce announced the launch of its 2012 Consumption Promotion Month between April 2 and May 4 to coincide with the Tomb Sweeping Day and Labor Day holidays.

April 6, 2012  Filed under Business  

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