Court Awards record damages to MicroSoft
Shanghai Court Awards Record IP Damages to MicrosoftApr. 24 – Microsoft has been awarded the largest ever amount in intellectual property damages in China after a local court in Shanghai ruled that Dazhong Insurance, a state-backed insurer, was guilty of using pirated copies of Microsoft software.The court awarded...
The rise of Asian Universities
May 3 – In an article in the May/June issue ofForeign Affairs, Richard C. Levin, the president of Yale University, discusses the rise of Asia’s universities, arguing that Asia is now focused on building universities that can compete with the finest in the world. Levin says that developing top universities...
The Beijing consensus is to keep quiet
In the West people worry that developing countries want to copy “the China model”. Such talk makes people in China uncomfortable May 6th 2010 | BEIJING | From The Economist print edition CHINESE officials said the opening of the World Expo in Shanghai on April 30th would be simple and frugal. It...
Watch China's Gold Consumption
China has a centuries-long cultural attraction to gold, but affordability has historically been an obstacle. However, rising incomes and accumulation of wealth are bound to result in Chinese citizens becoming bigger consumers of gold for jewelry or investment purposes.The chart, courtesy of U.S. Global Investors –...
China set to make telcos spy on users
China set to make telcos spy on users4:00 AM Wednesday Apr 28, 2010 The law would follow a spat over censorship that prompted search giant Google to move its Chinese site to Hong Kong last month. Photo / APBEIJING - China is poised to pass a law requiring telecommunications and internet companies to report any revelation of...
China - no housing bubble
The paragraphs below come courtesy of John Derrick, director of research of U.S. Global Investors.China’s housing market is hot, but it’s not a bubble on the verge of bursting, as many contend.Before we can discuss why it’s not a bubble, a little background on the Chinese housing market is needed.Prior to...
World Bank Raises Growth Expectation for East Asia
World Bank Raises Growth Expectations for East Asia Apr. 7 – The World Bank has sharply raised its forecast for economic growth in East Asia, the bank said in a semi-annual economic update published on Wednesday....
China visit raises hope of movement on undervalued yuan
China visit raises hopes of movement on undervalued yuan4:00 AM Friday Apr 9, 2010MUMBAI - US Treasury Secretary Timothy Geithner visited Beijing yesterday for talks with Chinese Vice-Premier Wang Qishan, in a sign that the two sides are moving toward settling a dispute over China's currency controls.Geithner is facing...
Bribery More Likely Among Overseas Chinese Staff
Bribery More Likely Among Overseas Chinese StaffOp/Ed Commentary: Chris Devonshire-EllisMar. 29 – In the aftermath of the ten-year jail sentence handed down to Rio Tinto’s Chinese staff for bribery, much has to be learnt from the pressures placed upon ethnic Chinese employees who are now nationals of other...
Guangdong to Upgrade Processing Trade Cities
Guangdong to Upgrade Processing Trade CitiesApr. 20 – According to the Economic Development Outline of the Pearl River Delta (2008-2020), the government of Guangdong has announced its intention to accelerate the upgrading of processing trade cities.Given the high volume of processing trade businesses in Guangzhou,...
China Quake kills at least 400
Report: China quake kills at least 40012:33 AM Thursday Apr 15, 2010 Officials say the death toll from a strong earthquake in a western province has risen to at least 400, with more than 10,000 hurt.China Central Television said the toll from today's earthquake had risen as rescue workers struggled to dig trapped people out...
Court rules CSR may sell sugar division to China
Court rules CSR may sell sugar division to China 4:00 AM Saturday Apr 24, 2010 SYDNEY: CSR, Australia's second-largest building products maker, won court approval to spin-off its sugar unit as it considers a A$1.75 billion offer from China's Bright Food Group. The appeal...
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