The cheapest thing going is gone

TEN years ago, the yuan made its debut as a global economic bugbear. In June 2003, America’s then treasury secretary, John Snow, publicly encouraged China to [...] Read more ...

TEN years ago, the yuan made its debut as a global economic bugbear. In June 2003, America’s then treasury secretary, John Snow, publicly encouraged China to [...] Read more ...
beyondbrics, from the Financial Times, brings news and comment from more than 40 emerging economies, headed by China, India, Brazil, Russia, Mexico, Indonesia and South Africa. We cover politics and economics, finance and business - everything that makes markets move. Read more ...

General Motors Co. is sticking to its plans to quadruple its share of the Chinese market for luxury vehicles by the end of this decade, even as it acknowledged a slowdown in the market and increasing risks there. Read more ...
Dalian Wanda Group, a Chinese developer, is investing 1 billion pounds ($1.6 billion) in a British luxury yachtmaker and a London site where it plans to build Western Europe’s tallest residential building. Read more ...

When China sets up FTAs to replace multilateral bodies, it is simply following an age-old strategy of attacking alliances to undermine the plans of its adversaries. Read more ...
Professed leaker Edward Snowden has reportedly looked into the possibility of trading Hong Kong’s tropical charms for chillier environs in Iceland. Read more ...

Dalian Wanda Group, a Chinese property developer, says it will spend £1bn ($1.6bn) to buy a British yacht maker and property in London. Read more ...
In an unusual move, China's National Bureau of Statistics – clearly frustrated with the lies, damn lies – has recently outed a local government it says was involved in a particularly egregious case of number fudging. Read more ...

Tibetans required to register for internet and mobile phones under real names [...] Read more ...

The media is once again banging on the “China Bubble” story. This happens about once a year. Today’s China scare has to do with debt build-up in the private sector, the shadow-banking sector, and loca… [...] Read more ...

Two-year-old design website Fab is now worth more than $1 billion, thanks to a $150 million venture-capital round led in part by Chinese Internet conglomerate Tencent Holdings. Read more ...
How much does soccer-loving China hate its men’s national team? Read more ...

The Chinese Foreign Ministry spokeswoman’s advice was polite but pointed: “We believe the United States should pay attention to the international community’s concerns and demands,” said Hua Chunying on June 17, “and give the international community the necessary explanation. Read more ...

The crunch in money markets in China makes it less likely Beijing will be able either to widen the yuan's trading band or encourage growth by cutting interest rates. Read more ...

People of Yulin, Guangxi province, cherish summer solstice tradition but animal rights groups denounce event as inhumane [...] Read more ...

The naughty step is not working. Read more ...
China may feel threatened by the NSA PRISM scandal, but the fact is that the country has virtually no way to get American tech products out of its tech infrastructure any time in the near future. Read more ...
A top North Korean negotiator has arrived at China's Foreign Ministry for strategic talks following a rough patch in relations between the communist allies and Pyongyang's surprise weekend call for dialogue with the U.S. North Korean First Vice Foreign Minister Kim Kye Gwan was expected to [...] Read more ...

BEIJING (Reuters) - A North Korean envoy held talks with Chinese officials on Wednesday that experts said were unlikely to yield concessions from Pyongyang on its nuclear program but were more aimed at [...] Read more ...
Hong Kong’s government is investigating claims by former National Security Agency contractor Edward Snowden that the U.S. had attacked computers in the city. Read more ...
General Motors Co., which broke ground on a new Cadillac assembly plant in China today, forecast demand for luxury autos will grow at a slower pace than the total vehicle market this year. Read more ...
Be Informed About China [...] Read more ...

Chinese property conglomerate Dalian Wanda Group plans to expand its luxury real-estate and hotel business overseas, as it builds the world's first Chinese luxury hotel outside of China's mainland to cater to the country's booming outbound travel market. Read more ...
Poll finds locals lukewarm on identifying with mainland amid growing sense of local pride [...] Read more ...

President Barack Obama said that China has understood his 'blunt' warnings against cyberhacking, as he credited new leader Xi Jinping with Beijing's acceptance of more global responsibility. 'We've had [...] Read more ...
The boldest foray yet for a U.S. university into China is emerging as an illustration of political risks; housing prices in China's biggest cities last month registered their highest annual growth rate in more than two years. Read more ...
China’s “spectacularly active” naval posture and “massive” military buildup in Asia are part of a pattern of belligerent behavior toward Japan and other neighbors over maritime disputes, according to Japan’s ambassador to the U.S. Read more ...

Charlene Chu, head of China financial institutions for Fitch Ratings, talks about the nation's banking industry. Total lending from banks and other financial institutions in China was 198 percent of gross domestic product last year, compared with 125 percent four years earlier, according to calculations by Chu. She speaks in Hong Kong with Zeb Ecke [...] Read more ...
SHANGHAI (Reuters) - General Motors Co aims to have 10 percent of China's luxury market by 2020, its China chief said on Wednesday.Bob Socia made the comment in a roundtable ahead of a ground [...] Read more ...

The population of multi-millionaires in little-known Chinese cities is growing at a breakneck pace, according to new research from WealthInsight. Read more ...

A conversation with Joe Zhang, author of “Inside China’s Shadow Banking: The Next Subprime Crisis” about financial reform, regulatory roadblocks and where China’s subprime risks lie. Read more ...
In this issue of China Briefing Magazine, we outline the various sourcing models available for foreign investors - representative offices, service companies and trading companies - and discuss how to decide which structure best suits the sourcing needs of your business. Perhaps the most important factors to consider when choosing a sourcing structu [...] Read more ...
Talks between the presidents of Vietnam and China, their first meeting since China’s leadership change, will focus on bolstering economic ties even as tensions rise over disputed territory in the South China Sea. Read more ...

The NSA whistle-blower, who praised Hong Kong for its freedoms, has attracted sympathy from across the territory's political spectrum. Read more ...

ReutersControversy continues to swirl around Chen Guangcheng.The blind Chinese activist said over the weekend that he was being forced out of New York University after the school faced “unrelenting pressure” from Chinese authorities in connection with its planned campus in Shanghai. He had taken up the position at the university following his d [...] Read more ...

North Korean refugees embark on a blind journey to freedom. Read more ...
Chinese President Xi Jinping pledged a “thorough cleanup” of the ruling Communist Party as part of a yearlong campaign aimed at ridding its ranks of formalism, bureaucracy and extravagance. Read more ...

Huawei also unveils its flagship smartphone, the Ascend P6, part of bid to become top-tier handset firm [...] Read more ...

News: @Fab Closes $150M in initial Series D Financing from Tencent, Atomico, Andreessen Horowitz, ITOCHU Technology Ventures, and Existing Investors. THE BIG NEWS. Just a few days after our 2nd [...] Read more ...