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November 27, 2007
You guys ready for yet another ranking of most expensive cities? ECA International has ranked Shanghai the 8th costliest city in Asia for expats, so if they're to be taken seriously, Shanghai is cheaper than Beijing which came in 7th but more costly than Singapore which came in 9th. Seoul... [continue]
| November 26, 2007
EastSouthWestNorth has translated an excellent story on the translation crisis in China that first appeared in Phoenix Weekly. It talks about the more than 1,000 foreign literary works that are translated and published in China each year (and we assume that number is still growing). The story laments over the... [continue]
November 19, 2007
The Xinhua News Agency is reporting that China may allow foreign multinationals to list on the Shanghai Stock Exchange(SSE). SSE officials are conducting feasibility studies and companies names mentioned include HSBC Holdings Plc, Coca-Cola Co., and Siemens AG. China is under renewed international pressure to speed up its currency reform... [continue]
November 14, 2007
Maybe. China Mobile’s CEO Wang Jianzhou confirmed that his company has been in discussion with Apple to bring the wildly popular handset to China, “because our customers like this kind of fashionable product,” said Wang. But, negotiations have stalled over Apple’s subscription revenue sharing business model. In Europe and the... [continue]
Overheard in the comment section of our earlier story on the Chongqing cooking oil stampede was the opinion that the pushing and shoving here in Shanghai is much worse than in Chongqing. Agreed. We see so many potential stampedes happening here everyday and wonder why more people are not getting... [continue]
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November 14, 2007
Ladies (and guys with long hair), resist from buying those cheap hair bands you find at the mom and pop stores in your 'hood because the news is out that some of them are made from USED condoms. China Daily cites an unnamed dermatologist with the Guangzhou Hospital of Armed... [continue]
November 8, 2007
Question: “Who are three people who’ve never been in my kitchen?” Or lately: "Name three people hating on the once mighty US dollar." On Tuesday, Cheng Siwei, the vice chairman of China’s National People’s Congress suggested that China’s foreign exchange regulators ought to consider shifting the country’s massive USD $1.4... [continue]
November 6, 2007
Yahoo China has taken a jibe at its arch-nemesis in the search arena, Baidu, with new banner ads featuring a bald big-bellied man peering out into the distance with a telescope and a tagline that says "If you can search only 100 degrees, you might as well search 360... [continue]
If tourism officials have their way, visitors to Beijing in 2009 will not only have to climb the Great Wall of China, but also the Great Wheel, says Ben Blanchard of Reuters. At 208 metres tall, the Great Wheel will be the world's largest ferris wheel — higher and bigger... [continue]
And in a class all by itself, the US$1 trillion(1,000,000,000,000) club. On Monday, the 4 billion A-share offering, priced at 16.7 yuan per share, finished its first day of trading on the Shanghai Stock Exchange at 43.96 yuan, rising as high as 48 yuan intraday. At US$1.005 trillion, PetroChina’s market... [continue]
November 2, 2007
Oh boy, we are just beginning to love the things that we can show you here now that Youtube is back. And with these two freshly-uploaded videos, you have two different broadcasters — Australia's Channel 7 and Al-Jazeera English — and their take on the topic of "Made in... [continue]
November 1, 2007
For the first time in 17 months, China will raise wholesale price cap of gasoline, diesel and jet fuel, “to guarantee domestic supply of refined oil and promote energy conservation/为保证国内成品油供应，促进能源节约,” or so says the National Development and Reform Council. Per metric ton of all three refined products will go up... [continue]