Archive | BUSINESS

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North Korean/China Trade Booms Since Nuclear Test

Posted on 19 August 2009 by bolivar

DANDONG, China – North Korean trade with China has risen dramatically since Kim Jong Il’s regime tested a nuclear warhead, according to retailers in the Chinese border town of Dandong.

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Rising Bribes Fuel China’s Inflation Concerns

Posted on 03 August 2009 by bolivar

BEIJING – Inflation in China is set to rise in the second half this year as the size of bribes grows, the Central Bank said on Tuesday.

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These Boots Are Made for Hawkin

Posted on 08 June 2009 by bolivar

SYDNEY – With China questioning the wisdom of investing in Australian resources after the collapse of the Rio Tinto deal, new trade incentives are on offer.

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Troubled GM CEO Sings a New Song

Posted on 01 May 2009 by bolivar

SHANGHAI – General Motors Corp Chief Executive Fritz Henderson announced the company will introduce “Caraoke” to the Shanghai auto show, a spokesman said on Friday.

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Financial ‘Guru’ Goes Bust

Posted on 27 April 2009 by bolivar

SHANGHAI – Self-styled financial guru Jian Fan, 36, has exchanged his 900 square meter villa in Pudong for a nine square meter cell in a Shanghai prison.

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China’s “NASDAQ” Rules

Posted on 17 April 2009 by bolivar

SHENZHEN – China’s securities watchdog issued guidelines last Thursday that pave the way for the launch of a new financing platform for innovative startup companies.

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Fast Food Bailout

Posted on 17 April 2009 by bolivar

BEIJING – In the wake of massive losses, the Chinese government has voiced support for up to USD 50 billion in bailout funds for the mainland’s U.S. fast food industry.

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Appliance King Having Trouble At New Grocery Store Job

Posted on 31 March 2009 by admin

Having served a three-month sentence for his ‘economic crimes’ conviction, the former Appliance King, once the richest man on the Chinese mainland, Huang Guangyu admitted Tuesday he was having difficulty adapting to life outside of jail and to his new low-level job at a local Tops supermarket.

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