Business in muddy waters – US researchers rake in money by shorting Chinese companies

The Shanghai-based advertising firm saw its shares shed half their value after the US research firm Muddy Waters advised investors to sell.

Behind the central bank’s RRR cut

In a rare move to give the sluggish economy a boost, the People’s Bank of China announced last Wednesday it has cut the required reserve ratio (RRR) by 50 points, or half a percent, to 21 percent, for the first time in 35 months.

Competition makes accounting cool

Accounting doesn’t have to be about endless calculation and stodgy figures. As the demand for CPAs (certified public accounts) runs high, the industry is trying to make the profession attractive to new recruits.

Trust-busters target telecoms

Many foreign investors were worried when the central government passed its first Anti-Monopoly Law in late 2007. At the time, it seemed like a club to beat back the success of private firms.

Domestic condom maker targets Europe

Safedom, a Shandong-based condom maker, is one of the few Chinese firms attempting to plunge into the already saturated European prophylactic market.

Young and old bet on China – More foreigners head to China for work

An increasing number of Japanese approaching retirement age prefer to seek job opportunities in booming China rather than retire in Japan, the Financial Times reported.

Pepsi, Tingyi tie-up a win-win

The past week saw major changes in the country’s beverage market as giants Tingyi and Pepsi announced a strategic business alliance.

The Chinese iPhone – Budget smart phones rival Apple

sk any young people which mobile handset is the hardest to get and they’re unlikely to name the iPhone.

Are foreign mergers a threat?

Weeks after local police in Chongqing Municipality ordered 13 Walmart outlets to close for 15 days and fined the company 2.7 million yuan, the Ministry of Commerce stepped up to punish another foreign company.

Oil shortage looms – Private gas stations struggle after price cut

While power shortages and natural disasters were to blame for prior years, this year’s shortfall appears to be “man-made”: China’s top two oil giants PetroChina and Sinopec are allegedly hoarding oil.